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EV Nickel Intersects 3 New Zones of Mineralization on the Carlang Trend Including Highest Nickel Grades to Date & Significantly Extends Strike Length by 7km
Maiden diamond drill program on CarLang B, C and E Zones intersected significant near surface min...
About this update from Ev Nickel Inc.
[{"type":"text","content":"EV Nickel Intersects 3 New Zones of Mineralization on the Carlang Trend Including Highest Nickel Grades to Date & Significantly Extends Strike Length by 7kmMaiden diamond drill program on CarLang B, C and E Zones intersected significant near surface mineralizationCarLang C encountered highest grades to date on the CarLang Trend and covers an area approximately twice the size as the Company's CarLang A DepositEV24-CAR06 intersected 241.70m grading 0.30% Ni, incl.7.5m grading 0.56% Ni and 1.5m at 0.96% NiEV24-CAR08 intersected 234.00m grading 0.28% Ni, incl.37.50m grading 0.37% Ni, 13.50m grading 0.39% Ni and 19.50m at 0.37% NiMineralization intersected in EV24-CAR08 appears to be magmatic in origin with 1-5% disseminated sulphide observed in drill core7 of 10 holes bottomed in targeted mineralizationDrilling identifies 3 new zones of large-scale nickel mineralization over 7 kilometres of strike and remains open for expansion in multiple directionsTORONTO, ON / ACCESSWIRE / October 8, 2024 / EV NICKEL INC. (TSXV:EVNI) (\"EVNi\" or the \"Company\") \") is pleased to announce exploration results for its recently completed diamond drill program on the CarLand trend. The diamond drill program confirmed the presence of near surface nickel mineralization equal to, or better than CarLang A over 3 new target areas including CarLang B, CarLang C and CarLang E representing over 7 kilometres of additional strike length for the Large Scale Style Nickel Mineralization (see Figures 1 and 2).Results for the newly discovered zone Carlang C Zone included the highest nickel grades to date on the CarLang trend. The CarLang C zone covers an area of approximately 2 kilometers long by 1.5 kilometers wide (see Figure 2) and is approximately double the area of the Company's Carlang A zone which host its flagship deposit. The CarLang A Deposit contains in accordance with National Instrument 43-101, a combined Resource of 1.1B tonnes @ 0.24% Ni consisting of an Indicated Resource of 0.5B tonnes @ 0.25% Ni and an Inferred Resource of 0.5B tonnes @ 0.23% Ni (see press release dated February 28, 2023 and/or SEDAR filing dated April 12, 2023).The Carlang C Zone was originally defined by Government of Ontario mapping and geophysical interpretation.\"I was confident that the diamond drill program would confirm that the hosting dunites and peridotites would exten...