Business

EV Nickel Intersects 1.20% Nickel Over 9.80 Metres at Langmuir South

EV26-L05 intersected 9.80m grading 1.20% Ni , incl.2.30m grading 2.03% Ni, 2.48m grading 1.49% N...

articleEv Nickel Inc.April 15, 20263/news/ev-nickel-intersects-120percent-nickel-over-980-metres-at-langmuir-south
EV Nickel Intersects 1.20% Nickel Over 9.80 Metres at Langmuir South

About this update from Ev Nickel Inc.

EV Nickel Intersects 1.20% Nickel Over 9.80 Metres at Langmuir SouthEV26-L05 intersected 9.80m grading 1.20% Ni, incl.2.30m grading 2.03% Ni, 2.48m grading 1.49% NiIntercept identified near surface high-grade nickel mineralization above 300 metres vertical depthHigh nickel tenors between 25 to 47% Ni in 100% sulphide TORONTO, ON / ACCESS Newswire / April 15, 2026 / EV NICKEL INC. (TSX-V:EVNI) ("EVNi" or the "Company") is pleased to announce a high-grade nickel intercept from its recently acquired Langmuir South Nickel Project, located near Timmins, Ontario (see Table 2 and figure 1).Drill hole EV26-L05, the first of four holes completed as part of a 1,772 metre diamond drill program, intersected a broad interval of high-grade nickel sulphide mineralization, returning 9.80 metres grading 1.20% Ni, including higher-grade intervals of 2.30 metres grading 2.03% Ni and 2.45 metres grading 1.49% Ni (see Table 1).The hole was designed to test a previously identified high-grade nickel target and successfully intersected the mineralized zone at a vertical depth of less than 300 metres. Mineralization consists of disseminated to blebby sulphides with strong nickel tenors ranging from 25% to 47% Ni (calculated to 100% sulphide)."The result of the first hole confirms that the Langmuir South Zone represents an excellent target for significant high-grade nickel sulphides," said Paul Davis, Vice President Exploration. "The Langmuir #2 and Langmuir South projects represent a unique opportunity to strengthen our already impressive stable of nickel deposits and mineralized zones. With mineralization encountered at relatively shallow vertical depth and in proximity to existing infrastructure at the historic Langmuir #2 Mine, we believe there is strong potential to rapidly advance this area. Our 2024 drill results below the Langmuir #2 Mine and hole EV26-L05 on the Langmuir South Zone demonstrates that the area is extremely fertile in regard to high-grade nickel sulphide mineralization and its capacity for meaningful near-term resource growth." The historic Langmuir #2 mining infrastructure, including a capped, 440 metre deep mine shaft and associated drifts and raises being almost wholly contained within the EVNI property boundaries (Figure 2). When shut down in 1978, the Langmuir #2 Nickel Mine was reported to have historical Reserves at about 600,000 tons (>500k tonnes...

View stock analysis, news, and events for Ev Nickel Inc.