NiCAN to Exhibit at PDAC 2026 Highlighting New Gold Discovery And the Newly Intersected Nickel Sulphides at Pipy South in Thompson Manitoba
Press Release
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.
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 President and CEO 416.565.4007 info@NiCANLtd.com
Sandy Noyes
Investor Relations & Communications
snoyes@NiCANLtd.com
www.nicanltd.com
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