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EV Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced CarLang Project Maiden Resource
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Defined a resour...
About this update from Ev Nickel Inc.
[{"type":"text","content":"EV Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced CarLang Project Maiden ResourceNOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICESDefined a resource which puts it into the league of the largest undeveloped nickel deposits in the world[1].A Zone Resources total 1.0B tonnes, averaging 0.24% Ni and 0.0107% Co (0.12% NiEq cut-off), split between:Higher Grade Core with 290M tonnes at 0.27% Ni Indicated and 203M tonnes at 0.27% Ni Inferred.Lower Grade with 219M tonnes at 0.22% Ni Indicated and 294M tonnes at 0.21% Ni Inferred.Contained nickel defined in the CarLang A Zone is roughly equivalent to the nickel in ~37M Electric Vehicles2.CarLang A Zone represents just 20% of the full 10 km-long CarLang Area Trend.TORONTO, ON / ACCESSWIRE / April 12, 2023 / EV NICKEL INC. (TSXV:EVNI) (\"EVNi\" or the \"Company\") today announced the filing of a National Instrument 43-101 (\"NI 43-101\") technical report (the \"Technical Report\") supporting the maiden mineral resource estimate for the \"A Zone\", part of its Large-Scale nickel target in the northeast of its Shaw Dome Project, referred to as the Carman-Langmuir or, \"CarLang Area\" (the \"Property\") (Figure 1). The A Zone is located approximately 30 kilometres southeast of Timmins, Ontario (see press release dated February 28, 2023 or visit evnickel.com).The Technical Report was prepared in accordance with Canadian Securities Administrators' NI 43-101 Standards of Disclosure for Mineral Projects and Form 43-101F1 (together \"NI 43-101\") and is available for review on SEDAR (sedar.com) and the Company's website (evnickel.com).\"The filing of the enormous Maiden Mineral Resource for our Large Scale A Zone is a major milestone for EV Nickel,\" said Sean Samson, President & CEO. \"The ability of the Company to advance a project from grassroots exploration to one of the largest nickel resources in the world in less than a year demonstrates the potential of the CarLang Area and is a testament to the strength of our technical team. This report will form the foundation of the CarLang Area and highlights the reasons why we believe that the CarLang should be ranked at the top of the list for Large-Scale projects moving forward. It is unmatched in its size potential, the ease of access and the thin overburden covering the mineralization....