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NiCAN Ltd V.NICN

Alternate Symbol(s):  NILTF

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).


TSXV:NICN - Post by User

Comment by Masterclass1on Mar 28, 2024 1:24pm
155 Views
Post# 35958454

RE:RE:RE:RE:RE:RE:New Press Release - NiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, Canada

RE:RE:RE:RE:RE:RE:New Press Release - NiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, CanadaYes - I think mgt seem confident grades should come in along the lines of the last reported assays as visually the boxs look the same.  But 100% will be on the reported assay results (2/3 weeks).  What excites me in talking to mgt are they seem to really have a handle on the opportunity and believe their geological model is coming together, meaning we should see lots of good holes going forward as they continue to define the deposit!  Past and current nickle mines surround this opportunity.  Also lets not forget the Pippy Property which mgt. are very excited about and are working on a deal to secure access  with Indigenous groups and that could lead to two deposits.  To me at $11m market cap this am this seems very cheap and mgt are extremely successful guys - To see this double from here just on wat is reported wouldnt shock me!  MC
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