Pre-Tax NPV of $1.91 Billion Post-Tax NPV of $1.48 Billion Net C1 Cash Costs of US$4.36/lb Ni and Net AISC of US$4.87/lb Ni after by-product credits Producing 1.6B lbs of payable Ni over 20 year mine life Annual EBITDA of C$681 Million and Annual Free Cash of C$313 Million EV Nickel Inc. on its 100% owned CarLang A Nickel Project , located approximately 30 kilometres southeast of Timmins, Ontario. The PEA was prepared by [...]
Highlights include 186.5m grading 0.36% Ni; and 55.9m grading 0.40% Ni; and 9.0m grading 0.51% Ni Evidence that Gemini North Zone represents a magmatic sulphide source Elevated S, Cu and PGM contents compared to CarLang A Deposit Metallurgical Test Program with SGS Canada commencing in coming weeks EV Nickel Inc. is pleased to announce the first 6 holes of the 2025 diamond drill program designed to explore the recently [...]
Robust overall nickel recovery of 69.7%. Open circuit testing used standardized flow sheet . Flowsheet optimization could lead to meaningfully higher recoveries and concentrate grades. EV Nickel Inc. is pleased to report the positive results of the preliminary open cycle test program completed on one composite sample from hole EV24-CAR08 on its 100% owned, Gemini North Nickel Zone within the Shaw Dome Project located 30 [...]
New discovery of nickel sulphide mineralization east of the diabase dyke, expanding the known W4 Deposit area. Mineralization remains open to the east and at depth, indicating potential for continued expansion. High-grade nickel intercepts in the 2024 W4 drill program, including a peak result of 2.60% Ni over 1.0 metre in drill hole EV24-W403. EV24-W401 intersected 8.0m grading 1.00% Ni, incl. 3.0m grading 1.68% Ni [...]
Twenty-One year Mining Lease Certificate granted on January 15, 2025. Mining Lease covers an area of 162 ha. EV Nickel Inc. is pleased to announce that it has received a 21-year Mining Lease on its 100% owned, W4 Nickel Deposit within the Shaw Dome Project located 30 kilometres south of Timmins, Ontario. The Mining Lease covers an area of 162 hectares consisting of 9 contiguous unpatented mining claims held by EV Nickel [...]
EV Nickel Inc. is pleased to announce the results from its annual general meeting held on December 18, 2024. A total of 60,563,255 common shares, representing 54.61% of the Company's issued and outstanding common shares, were represented at the Meeting. Shareholders voted in favour of each matter considered at the Meeting as set out in the Company's management information circular dated November 6, 2024, and approved the [...]
QEMSCAN analysis completed on new large-scale zone as follow-up to recent drill results Results indicate presence of magmatic sulfides New and distinct large-scale zone that contains potential for higher recovery rates and higher quality concentrate EV Nickel Inc. is excited to announce the results of Quantitative Evaluation of Materials by Scanning Electron Microscope and Electron Probe Microanalysis completed by XPS [...]
Highlights include 37.50m grading 0.38% Ni, 0.064 gpt Pd, 0.032 gpt Pt; 13.50m grading 0.39%Ni, 0.055 gpt Pd, 0.026 gpt Pt; and 19.50m grading 0.37% Ni, 0.034 gpt Pd, 0.022 gpt Pt Further evidence that mineralized zone on CarLang C area represents a magmatic sulphide source Elevated PGM assays correlate with higher sulphur contents Mineralogical characterization test program underway with XPS Sudbury Developing follow up [...]
Maiden diamond drill program on CarLang B, C and E Zones intersected significant near surface mineralization CarLang C encountered highest grades to date on the CarLang Trend and covers an area approximately twice the size as the Company's CarLang A Deposit EV24-CAR06 intersected 241.70m grading 0.30% Ni, incl.7.5m grading 0.56% Ni and 1.5m at 0.96% Ni EV24-CAR08 intersected 234.00m grading 0.28% Ni, incl.37.50m grading [...]
EV24-L04 intersected 18.5m grading 1.07% Ni, incl. 7.5m grading 1.67% Ni, 2m grading 3.27% Ni and 1m at 5.11% Ni Assay results indicate high nickel tenor. EV Nickel Inc. is pleased to announce high-grade nickel intercepts from the 2024 drill program on the Langmuir #2 Nickel Zone. Results are illustrated in Table 1 below and with intercepts grading from 1.07% Ni to as high as 5.11% Ni in drill hole EV24-L04. In addition [...]
EV Nickel Inc. is please to provide an update on its 2024 Exploration Plan and the commencement of diamond drilling on the Langmuir #2, high priority nickel target . 2024 Exploration Program A systematic exploration program has been developed consisting of geophysical surveys, metallurgical test work, surface mapping and sampling and diamond drilling of both the priority, high-grade exploration targets and along the [...]
EV Nickel Inc. is pleased to announce assay results from 148 surface samples from the CarLang Trend targeting areas over the Large-Scale nickel target in the northeast of its Shaw Dome Project. The surface sampling program was focused on the Carlang B target, one of 5 large scale targets identified on the Company's Shaw Dome Project located approximately 2km from its flagship Carlang A deposit. "The surface samples [...]
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