Key facts
| Company | NiCan Ltd (TSXV: NICN) |
|---|---|
| Commodity | Nickel |
| Location | Canada |
| Stage | Early exploration |
News releases21 on file
NiCAN Defines Several New Target Areas at The Wine Project in Manitoba
A 2024 Time Domain Electromagnetic survey and follow-up Beep Mat ground survey have defined several new untested target areas across the Wine Gabbro at the Wine nickel-copper project near Snow Lake, Manitoba, including a new conductive horizon at the gabbro's eastern boundary and responses 350 metres and 1,000 metres along strike from the Wine Occurrence. A drill program is being designed to test
Drill resultsNiCAN Provides a Review of its March 2024 Drilling Program and Next Steps at the W...
Final assays from the Phase III-B program at the Wine project in Manitoba include hole Wine 24-3, which cut 5.5 meters averaging 1.10% Cu and 1.27% Ni (1.47% NiEq) from 5.9m core depth, and hole Wine 24-7, which intersected multiple narrow nickel-copper zones between 8.0 and 84 meters. The program comprised 8 diamond drill holes totalling 942 meters plus 25 kilometers of deep penetrating TDEM surv
CorporateNiCAN Announces Results from its Phase III-B Drill Program, including 20.3 Meters ...
Drill hole Wine 24-4 at the Wine Property near Snow Lake, Manitoba, returned 20.3 meters averaging 2.88% Cu and 2.14% Ni (2.85% NiEq), 0.09% Co and 1.19 g/t PGMs, intersecting the Main Zone rather than the Upper Zone. Hole Wine 24-6 is interpreted to have stopped short of the down-plunge extension of the Upper Zone. The Phase III-B program comprised 8 holes totalling 942 meters, with remaining ass
Drill resultsNiCAN Announces Initial Set of Assays from 2024 Drilling, including 45.5 Meters at...
Drill hole Wine 24-1A at the Wine Property near Snow Lake, Manitoba returned 45.5 meters averaging 1.20% Cu and 1.32% Ni (1.55% NiEq), plus a new near-surface northern zone of 3.7 meters at 1.40% Cu and 1.63% Ni (1.89% NiEq). Wine 24-2 cut 28.05 meters at 1.25% Cu and 0.59% Ni (0.94% NiEq), the deepest and most southerly intersection to date. The Phase III-B program comprised 8 holes totalling 942
Drill resultsNiCAN Provides Update on Drilling at the Wine Nickel-Copper Project, Manitoba, Can...
The late winter diamond drilling program at the Wine nickel-copper project in the Snow Lake area, Manitoba, has been completed, with samples shipped for assay. Preliminary observations indicate hole Wine 24-1A intersected a previously unknown northern zone sub cropping over 3.7m core length plus the Main Zone over approximately 33.4m, while Wine 24-2 intersected the Main Zone over approximately 16
Drill resultsNiCAN Mobilizes Diamond Drill and Geophysical Crew to the Wine Property, Manitoba
A diamond drill and geophysical crew have been mobilized to the Wine Property in the Snow Lake area, Manitoba, with 6-8 additional holes anticipated before the end of March to test the extent of the Wine Occurrence and further geophysical targets. The geophysical crew will complete a ground, deep-penetrating Time Domain EM survey targeting deep-seated nickel and VMS mineralization. Previously repo
Drill resultsNiCAN’s Drilling at the Wine Project, Manitoba, Canada Intersects Multiple Mineral...
Phase III drilling at the Wine property in the Snow Lake area, Manitoba returned 31.5 meters averaging 1.90% Cu and 1.92% Ni (2.32% NiEq) in hole Wine 23-29, plus an upper sub-cropping zone of 9.6 meters at 2.20% Cu and 1.56% Ni (2.11% NiEq); true widths are interpreted at about 80% of intersected widths. The program comprised 17 holes totalling 2,209 meters, above the 1,700 meters planned. Hole W
Drill resultsNiCAN Commences Drilling at Wine Nickel Property, Manitoba, Canada
Diamond drilling has begun at the Wine nickel property in the Snow Lake area of Manitoba, with the Phase III program consisting of a minimum of 1,500 metres. The program aims to expand nickel-bearing zones east of the Wine Occurrence and test newly defined geophysical targets along more than 6 km of strike, up to 4.8 km from the occurrence. Prior holes included Wine 22-5, which intersected 27.3 me
Drill resultsNiCAN Provides Details on Upcoming Drill Program at Wine Nickel Property, Manitob...
A Phase III diamond drilling program of 1,500 to 2,000 metres is scheduled to begin in October 2023 at the Wine nickel property in the Snow Lake area of Manitoba, with permits in place and a drill contractor selected. Drilling will target expansion of nickel-bearing zones east of the Wine Occurrence and newly defined geophysical targets along strike over distances of up to 4.8 km. Re-processed geo
Drill resultsNiCAN Identifies New Mineralized Zones at its Wine Nickel Property, Manitoba, Canada
Multiple new nickel-bearing mineralized zones were intersected east of the known high-grade Wine Occurrence during the Phase II drill program at the Wine Nickel Property in Manitoba, Canada. Holes Wine 23-7 and Wine 23-8 intersected disseminated to massive pyrrhotite with chalcopyrite in two relatively shallow zones, returning anomalous copper and nickel values over core lengths of more than 10 me
Drill resultsNiCAN Receives $300,000 Grant from Manitoba Mineral Development Fund
A $300,000 grant from the Manitoba Mineral Development Fund has been approved to support exploration at NiCAN's Wine Project in the Snow Lake/Flin Flon area of Manitoba, Canada. The first $150,000 has been received, with the balance expected in June 2023. The Company plans geophysical and geochemical surveys to guide the next phase of drilling in the Wine Gabbro area.
CorporateNiCAN Expands the Wine Occurrence at the Wine Project, Manitoba, Canada Multiple Z...
Winter 2023 drilling at the Wine project in the Snow Lake area, Manitoba expanded mineralized zones at the Wine Occurrence, with hole Wine 23-17 returning 23.5 meters at 1.59% Ni and 1.76% Cu (1.91% NiEq) from 18.6 to 42.1 meters, and hole Wine 23-16 returning 12.6 meters at 1.52% Ni and 2.01% Cu (1.93% NiEq) from 48.3 to 60.9 meters. The Phase II program comprised about 2,800 meters of diamond dr
NewsNiCAN Intersects New Mineralized Zone at Wine Nickel Property, Manitoba, Canada
A new mineralized zone was intersected about 850 metres northeast of the Wine Occurrence at the Wine Property near Snow Lake, Manitoba, during the 2023 winter drilling program. Drill hole Wine-23-08, testing an EM conductor on the edge of a magnetic anomaly, cut pyrrhotite and chalcopyrite mineralization in two relatively shallow zones; assays are pending. The Phase II program involves a minimum o
Drill resultsNiCAN Invites Investors to Visit Booth #2217A at the PDAC on March 5-6 High Grade...
NiCAN will exhibit at booth #2217A at the Prospectors and Developers Association of Canada convention in Toronto on March 5-6, held at the Metro Toronto Convention Centre. Drill core from Hole Wine-22-05 at the Wine Project will be on display, grading 3.67% NiEq over 3.9 metres within an interval grading 2.61% NiEq over 27.3 metres. The company is currently drilling and holds two nickel projects i
CorporateNiCAN To Commence Drilling at Wine Nickel Property, Manitoba, Canada
A minimum 2,000 metre winter drill program is expected to begin in the coming weeks at the Wine nickel property in the Snow Lake area of Manitoba, with permits and contracts in hand, testing targets defined by a 2022 VTEM airborne survey. Prior 2022 drilling returned 27.3 metres of 2.01% Ni, 1.81% Cu, 0.09% Co, 0.20 g/t Au and 0.28 g/t Pd in Wine-22-05, 9.8 metres of 1.23% Ni and 2.09% Cu in Wine-
Drill resultsNiCAN’s VTEM Survey Identifies Multiple Targets on the Wine Nickel Property in Man...
Initial results from a 2022 Versatile Time Domain Electromagnetic (VTEM) airborne survey at the Wine nickel project in Manitoba, Canada identified a distinct VTEM response over the Wine Occurrence not seen in historical airborne surveys, plus numerous additional VTEM anomalies within the Wine Gabbro and several responses in the southern portion of the property within the Reed Lake Mafic-Ultramafic
Drill resultsNiCAN Reports Additional Strong Drill Results from the Wine Project in Manitoba, ...
Assay results from the 2022 reconnaissance diamond drilling program at the Wine project in Manitoba include hole Wine-22-03, which cut 8.6 metres grading 1.01% Cu, 1.89% Ni (2.22% NiEq), 0.10% Co and 0.46 g/t PGM from 66.6 metres, plus 1.8 metres at 3.64% Cu, 0.33% Ni (1.53% NiEq) from 79.5 metres. Hole Wine-22-09 returned 7.0 metres at 1.57% Cu, 0.54% Ni (1.07% NiEq) and 0.24 g/t PGM from 21.0 me
Drill resultsNiCAN Intersects a New Mineralized Zone Near Surface at the Wine Project in Manito...
Drilling at the Wine project west of Snow Lake, Manitoba intersected a new near-surface mineralized zone, with hole Wine-22-06 returning 9.8 metres at 2.09% Cu, 1.23% Ni (1.92% NiEq), 0.051% Co, 0.33 g/t Au, 0.016 g/t Pt and 0.12 g/t Pd from 7.4 to 17.1 metres, plus 3.1 metres at 0.89% NiEq from 32.3 metres. Wine-22-07 cut 5.0 metres at 0.42% NiEq from 9.0 metres. The 2022 program comprised 17 hol
Drill resultsNiCAN Reports High Grades in First Two Drill Holes at the Wine Project in Manitoba...
Assay results from the first two 2022 diamond drill holes at the Wine project west of Snow Lake, Manitoba include 27.3 metres at 2.01% Ni, 1.81% Cu, 0.09% Co, 0.20 g/t Au and 0.28 g/t Pd from 43.0 to 69.3 metres in hole Wine-22-05 (2.61% NiEq), and 2.8 metres at 1.87% Ni, 0.64% Cu, 0.08% Co and 0.46 g/t Pd from 45.8 to 48.6 metres in Wine-22-02 (2.08% NiEq). The initial program comprised 17 holes
Drill resultsNiCAN Confirms Historical Results at the Wine Project 20.36 Meters of 2.09% Nick...
Resampling of historical drill hole RAD07-01 at the Wine project, west of Snow Lake, Manitoba, returned 20.36 metres of 1.38% Ni, 2.14% Cu, 0.4 g/t Au and 0.06% Co, or 2.09% nickel equivalent, compared with 2.06% NiEq reported in 2007; true width is estimated at 16 metres. The 2022 program on the 56.8 km² property included an airborne geophysical survey, downhole EM surveys and 17 diamond drill ho
Drill resultsNiCAN Introduces Board of Directors and Executive Team
The board and executive team of recently TSX-V listed NiCAN were introduced, chaired by Mike Hoffman, with Brad Humphrey as CEO, Shaun Heinrichs as CFO, and new director Stacey Pavlova joining alongside Saga Williams, Mark Cruise and Patrick Gleeson. The board authorized a grant of 500,000 incentive options at C$0.25 per share, exercisable for five years. Assays are pending from a 17-hole, roughly
Management