Nican Ltd. (TSE:NICN) has released an update.
NiCAN Limited has completed its Phase III-B drilling program at the Wine Project in Manitoba, revealing significant copper and nickel mineralization near the surface and discovering a new zone to the north. The program’s results showed that the Main and Upper Zones have a steeper dip than previously thought, which will inform the design of future drilling targets aimed at extending mineralization. The company’s optimism is fueled by these promising findings, despite having focused less than 30% of its drilling on the Wine Occurrence since acquiring the claims in 2021.
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