NiCAN Ltd V.NICN

Alternate Symbol(s): NILTF

Metals & Mining Industrial Metals & Minerals

NiCAN Limited is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and evaluation of mineral properties. The Company is actively exploring two nickel projects, both located in well-established mining jurisdictions in Manitoba, Canada. Its projects include the Wine Project and the Pipy Project. The Wine Project is located within a favorable portion of the highly prospective Flin Flon-Snow Lake Greenstone Belt of Manitoba. The Wine Property, comprised of 24 mineral claims totaling 5,666 hectares, is located in northwestern Manitoba, in the Flin Flon-Snow Lake greenstone belt on the southern flank of the internal zone of the Trans Hudson Orogen. The Pipy Project is located 15 kilometers north of the Thompson nickel deposit. The Pipy Property, consisting of Pipy South, North and West, covers over 3,913 hectares in northeastern Manitoba on the northern extent of the Thompson Nickel Belt (the TNB).

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NiCAN Ltd

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Post by Magnum2on Feb 28, 2024 9:58am

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Post# 35903605

Upper zone starts about 13' below the surface

Wow the "Upper Zone" starts almost at the surface:

Table 1: 2023 Main Zone - Wine Occurrence – Summary Assays

Drill Hole	From (m)	To (m)	Thickness (m)	Cu%	Ni %	NiEq%
Wine 23-16	48.3	60.9	12.6	2.01	1.52	2.01
Wine 23-17	18.6	42.1	23.5	1.76	1.59	1.98
Wine 23-29	36.5	68.0	31.5	1.90	1.93	2.32

Table 2: Upper Zone - Wine Occurrence - Summary Assays

Drill Hole	From (m)	To (m)	Thickness (m)	Cu%	Ni%	NiEq%
Wine 22-6	7.4	17.1	9.8	2.09	1.23	1.79
Wine 23-16	4.2	11.9	7.7	1.69	1.12	1.55
Wine 23-17	4.6	10.4	5.4	0.99	0.81	1.04
Wine 23-29	4.2	14.8	9.6	2.20	1.56	2.11