| Announcement Date: | 2022-10-24 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | EV Nickel Inc. |
| Project name: | Shaw Dome |
| Location: | Canada |
| Commodities: | Gold,Palladium,Platinum,Copper,Nickel,Cobalt,Sulphur |
| Highlight: | Drilling results incl. 297m at 0.25% Ni, 0.001% Cu, 0.011% Co, 0.059% S, 0.001g/t Au, 0.001g/t Pt, 0.001g/t Pd from 3.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, ON – EV NICKEL INC. (TSX-V: EVNI) (“EVNi” or the “Company”) is excited to announce the initial assay results, from four holes of the Phase 3 Drilling program focused on the Large-Scale nickel target in the northeast of its Shaw Dome Project, referred to as the Carman-Langmuir or, “CarLang” area. This drilling now confirms the new “CarLang A Zone” as a potential Large-Scale nickel prospect. Based upon airborne geophysical surveys and known surface exposures of dunitic outcrops, the CarLang Area is interpreted to host >10km of prospective strike length of dunite (see Figure 2), and the completed Phase 3 drilling identified the CarLang A Zone, covering ~1.4km of the interpreted strike length, or ~15% of the total potential. The dunitic body forming the CarLang A Zone has interpreted widths that range from approximately 400 metres to 500 metres based upon the Phase 3 diamond drill program, airborne geophysical surveys and surface outcrop exposures. With Phase 3, EVNI completed 28 holes representing 8,295m of diamond drill core across the CarLang A Zone The drilling was focused in an area where eight EVNi Surface Samples taken earlier this year, averaged 0.26% Ni (wt%). The Company has only tested the CarLang A Zone to a vertical depth of 250 metres |
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