NiCAN to Exhibit at PDAC 2026 Highlighting New Gold Discovery And the Newly Intersected Nickel Sulphides at Pipy South in Thompson Manitoba
NiCAN Limited
130 King St West, Suite 3680
P.O Box 99, Toronto, ON M5X 1B1
NiCAN to Exhibit at PDAC 2026 Highlighting New Gold Discovery
And the Newly Intersected Nickel Sulphides at Pipy South in Thompson Manitoba
Toronto, Ontario – February 26, 2026 – NiCAN Limited (“NiCAN” or the “Company”) (TSX-V:NICN/OTCQB:
NILTF/FRA:W8Y) is pleased to announce that it will be exhibiting and presenting at the annual 2026
Prospectors and Developers Convention (“PDAC”). PDAC is one of the world’s premier mineral exploration
& mining events and is hosted in Toronto at the Metro Toronto Convention Centre.
Visit our PDAC booth #2217A in the Investors Exchange, level 800, at the Metro Toronto Convention
Centre, South Building on Sunday, March 1 and Monday, March 2. Learn more about NiCAN, the new near
surface gold discovery and nickel bearing massive sulphides on the Pipy South Property in Thompson
Manitoba and the high-grade copper and nickel at surface at the Wine Project in the Snow Lake area.
NiCAN will have core displayed at our booth including representative core samples from the new gold
zone at the Pipy Project and high-grade nickel-copper core from Hole WINE-22-05 grading 3.67% NiEq
over 3.9 meters from an interval grading 2.61% NiEq over 27.3 meters.
Brad Humphrey, President, and CEO of NiCAN, stated, “We are pleased to showcase our recent successes
at the Pipy Project and to display core samples from the new gold discovery. We will also be highlighting
the recently intersected nickel bearing massive sulphides as well as drill core from our Wine Project. With
active surveys and drilling underway and multiple highly prospective gold and nickel targets across
established mining jurisdictions, NiCAN is well positioned to continue building momentum in 2026. We look
forward to engaging with shareholders and new investors as we advance our projects.”
Recent Results
Pipy South Property
- New near surface gold discovery in Thompson Manitoba intersecting 27.6m of 1.25 g/t Au and
12.5 g/t Ag in hole PIPY25-04 - See press release dated February 9, 2026
- New nickel bearing massive sulphides at the Pipy South Project in Thompson Manitoba – See
press release dated February 18, 2026
Wine Project
- High-grade copper and nickel at surface in Snow Lake area
- 2024 drilling returned 45.45m of 1.32% Ni, 1.20% Cu, (1.55% NiEq), 0.06% Co, 0.59g/t PGMs
- 2023 drilling returned 31.5m of 1.93% Ni, 1.90% Cu (2.32% NiEq), 0.07% Co, 0.6g/t PGMs, and
23.5m of 1.59% Ni, 1.76% Cu (1.98% NiEq), 0.07% Co, 0.51g/t PGMs
Qualified Person
Mr. Stanley Clemmer, P.Geo, an independent consultant to NiCAN, who is a qualified person under
National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”) has reviewed and
approved the scientific and technical information in this press release.
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About NiCAN
NiCAN Limited is a mineral exploration company, trading under the symbols “NICN” on the TSX-V,
“NILTF” on the OTCQB and “W8Y” on the FRA. The Company is actively exploring two projects, the highly
prospective the gold and nickel Pipy Project and the high grade nickel-copper Wine Project, both located
in well-established mining jurisdictions in Manitoba, Canada.
Contact Information:
Brad Humphrey Sandy Noyes
President and CEO Investor Relations & Communications
416.565.4007 [email protected]
www.nicanltd.com
To receive news releases by e-mail, please register using the NiCAN website at www.nicanltd.com.
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains certain “forward-looking information” under applicable
securities laws concerning the proposed financing, business, operations and financial performance and
condition of NiCAN Limited. Forward-looking information includes, but is not limited to, the size and
timing of the drill program, results of the drill program, interpretations of the various surveys, NiCAN’s
ability to identify mineralization similar to that found in prior drill holes, the benefits and the potential of
the properties of the Company; future commodity prices (including in relation to NiEq calculations);
drilling and other exploration potential; costs; and permitting. Forward-looking information may be
characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate”, “estimate”
and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-
looking information is based on the opinions and estimates of management at the date the statements
are made and are based on a number of assumptions and subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to differ materially from those projected in the
forward-looking information. Many of these assumptions are based on factors and events that are not
within the control of the Company and there is no assurance they will prove to be correct. Factors that
could cause actual results to vary materially from results anticipated by such forward-looking information
includes changes in market conditions, fluctuating metal prices and currency exchange rates, the
possibility of project cost overruns or unanticipated costs and expenses and permitting disputes and/or
delays. Although the Company has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in forward-looking information, there
may be other factors that cause actions, events or results not to be anticipated, estimated or intended.
There can be no assurance that forward-looking information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. The Company
undertakes no obligation to update forward-looking information if circumstances or management’s
estimates or opinions should change except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking information.
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Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this release.