Business

EV Nickel Phase 3 Drilling Results: The A Zone Continues to Deliver and Covers Less Than 15% of the Potential CarLang Trend

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Reports assay ...

articleEv Nickel Inc.December 7, 20225/company/ev-nickel-inc/news/ev-nickel-phase-3-drilling-results-the-a-zone-continues-to-deliver-and-covers-less-than-15percent-of-the-potential-carlang-trend
EV Nickel Phase 3 Drilling Results: The A Zone Continues to Deliver and Covers Less Than 15% of the Potential CarLang Trend

About this update from Ev Nickel Inc.

[{"type":"text","content":"EV Nickel Phase 3 Drilling Results: The A Zone Continues to Deliver and Covers Less Than 15% of the Potential CarLang TrendNOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICESReports assay results from 3 additional holes, Intersections included:hole EV22-29 with 262.6m grading 0.25% Ni,hole EV22-30 with 259.7m grading 0.26% Ni, andhole EV22-32 with 200.4m grading 0.25% Ni.The CarLang Area is a >10km prospective trend of dunitic units, confirmed by historic exploration workEVNi drilled 1.4km of the prospective strike this summer, with 28 holes totalling 8,295m, the A ZoneAssays are pending for the remaining 17 holes and will be used in a CarLang A Zone Preliminary Resource, already underway and planned for release in Q1 2023.TORONTO, ON / ACCESSWIRE / December 7, 2022 / EV NICKEL INC. (TSXV:EVNI) (\"EVNi\" or the \"Company\") is excited to announce the additional assay results, from 3 more holes of the Phase 3 Drilling program completed this summer, over the Large-Scale nickel target in the northeast of its Shaw Dome Project, referred to as the Carman-Langmuir or, \"CarLang Area\". These assays continue to confirm the new \"CarLang A Zone\" as a potential Large-Scale nickel prospect (for prior results, see news releases dated October 24 and November 28, 2022).The Company has also completed a full review of the historical exploration drilling conducted in the area from publicly available assessment reports. Well respected exploration groups including teams from Inco Ltd (now part of Vale NYSE: VALE) and Outokumpu Mines Ltd (\"Outokumpu\", HELSINKI: OUT1V) completed limited drilling around the CarLang Area and their reports are available through GeologyOntario. From reviewing the historic reports it is clear that the prospective dunite-peridotite rocks associated with the known Large-Scale mineralized zones are traceable for approximately 10 kilometres within the EVNi property boundaries. 18 of the 32 holes reviewed bottomed in peridotite-dunite and did not test the full thickness of the sequence. Outcrop continues along the trend and based on the historic drill-logs, the CarLang Area, like the A Zone, seems to have significantly less overburden than other deposits in the Timmins region.\"The enormous potential of the CarLang Area is beginning to come into focus for our team. The combination of continued ...

More updates from Ev Nickel Inc.