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RETRANSMISSION: EV Nickel Phase 2 Results: Continued High-Grade Mineralization Including 8.5 Metres Grading 2.14% Ni from the W4 Extension, Now Applying for Mining Lease
Final assays from the Phase 2 drilling, on the "W4 Extension", between 200 and 500m from su...
About this update from Ev Nickel Inc.
[{"type":"text","content":"RETRANSMISSION: EV Nickel Phase 2 Results: Continued High-Grade Mineralization Including 8.5 Metres Grading 2.14% Ni from the W4 Extension, Now Applying for Mining LeaseFinal assays from the Phase 2 drilling, on the \"W4 Extension\", between 200 and 500m from surfaceEV22-17 intersects 20.6 metres grading 1.23% Ni, including 8.5 metres grading 2.14% NiEV22-18 intersects 15.7 metres grading 0.90% Ni, including 4.9 metres grading 1.71% NiThis is in addition to results announced in July, which included 5.4 metres grading 2.96% Ni from EV22-12Additional drilling of the W4 Extension is planned for later this year, towards a potential Resource in 2023EVNi has also begun the application process for a Mining Lease on the W4 claims, a major step for the ProjectTORONTO, ON / ACCESSWIRE / September 7, 2022 / EV Nickel Inc. (TSX-V:EVNI) (\"EVNi\" or the \"Company\") is pleased to provide additional exploration drilling results for its Shaw Dome Nickel Project, southeast of Timmins, Ontario. Today the Company reports the assay results of the last eight holes completed in the Phase 2 Drilling, targeting the down plunge potential of the Langmuir W4 Zone (\"W4\"). seven of the ten holes intersected high-grade nickel sulphide mineralization consistent with the previously identified Langmuir W4 Zone, including the first two holes released from Phase 2 earlier this year- which introduced the W4 Extension (see news release dated July 11, 2022). This drilling combines to indicate that the high-grade mineralized envelope extends beyond the lower limits of the previously tested areas and are open to the east, west and at depth of the phase 2 drill program.Table 1, below, summarizes the assay results for these holes.\" These additional intercepts reinforce the potential to expand the W4 Nickel Zone down the interpreted plunge of the mineralized envelope and into the W4 Extension, \" states Paul Davis, EVNi's Vice President of Exploration. \" The continuation of this high-grade mineralization gives us confidence that we may be able to extend the Langmuir W4 Zone along plunge. These results continue to be consistent with Kambalda Style Deposits, mineralization associated with a definable feature that concentrates the nickel sulphides into channels that can extend for considerable distances. We see this with other high-grade nickel deposits in the Shaw Dom...