Brad Humphrey, CEO and Director of NiCAN Ltd (TSX.V: NICN) (OTC: NILTF), joins us for a comprehensive introduction to this junior exploration company, focused on exploring for high-grade nickel at both the Wine Project and Pipy Project in Manitoba, Canada. We start off having Brad share how NiCAN came together to focus on nickel exploration in the prolific Snow Lake and Thompson areas of Manitoba, where there has been a substantial amount of historical base metals exploration, development, and production for both nickel and copper.
We review the prior work the exploration team at NiCAN has completed the last few years from surveys, to ground work, and then the previous 2 drill programs at the flagship Wine Project. We also look ahead to the 6-8 hole program that was recently announced and commenced today, for about 600-1000 meters to further delineate and follow up on the recent drilling that returned some high-grade nickel equivalent intercepts over fairly wide intervals. Additionally, we touch on the permitting and seasonality of working on the Wine Project and why this program will wrap up by the end of March, take a rest in summer, and then commence again later in the year.
Next we briefly touch on the social licensing and permitting work ongoing at the Pipy Project, and why their team is excited to get on the ground there in the future to commence more exploration work. We have Brad outline his background in the resource industry, as well as the experience of some of the key management team members and board of directors. We wrap up getting a better understanding of the financial side of the business, their cash position, share structure, outstanding warrants, and inside ownership.
If you have any questions for Brad regarding NiCAN Ltd, then please email us at either Fleck@kereport.com or Shad@kereport.com.
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