Bullboard - Stock Discussion Forum 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... see more

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NiCAN Ltd > NiCAN Intersects New Mineralized Zone

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Post by Betteryear2 on Mar 02, 2023 8:25pm

NiCAN Intersects New Mineralized Zone

TORONTO, March 2, 2023 /CNW/ - NiCAN Limited ("NiCAN" or the "Company") (TSXV: NICN) has intersected new mineralization approximately 850 metres to the northeast of the Wine Occurrence (Figures 2 and 3) as part of its 2023 winter drilling program on the Wine Property located in the Snow Lake area, Manitoba, Canada.

All targets drilled to date have intersected varying quantities of disseminated to massive sulphide mineralization. Most notable has come from diamond drill hole Wine-23-08 where pyrrhotite and chalcopyrite mineralization have been intersected in two relatively shallow zones.

NiCAN Intersects New Mineralized Zone at Wine Nickel Property, Manitoba, Canada (newswire.ca)

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