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NiCAN Ltd NILTF


Primary Symbol: V.NICN

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).


TSXV:NICN - Post by User

NiCAN Ltd > New Press Release - NiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, Canada
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Comment by evilballson May 30, 2024 3:00pm
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Post# 36064964

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: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:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - NiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, Canadalet me correct myself 45m was what they drilled down dip. so this main lens they are drilling is 20m by 45m by how much strike?  Even if they can prove 100 meter strike which they haven't, the tonnage just doesn't add up to anything more than a mom and pop shop. They say its open at depth but thats hard to prove when they only stay in the zone for 45 meters.  Even when you add up some of the smaller zones its hard to see this becoming that large without another significant discovery.  Maybe there is a million tonnes here but that is still not even close to being proven up yet.
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