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EV Nickel Reports Significant High-Grade Intersection of 34.60m Grading 1.06% Nickel at Langmuir #2
EV26-L08 intersected 34.60m grading 1.06% Ni, incl. 13.70m grading 1.76% Ni, 5.60m grading 3.00% Ni Intercept confirms down plunge extension of high grade
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EV26-L08 intersected 34.60m grading 1.06% Ni, incl. 13.70m grading 1.76% Ni, 5.60m grading 3.00% Ni Intercept confirms down plunge extension of high grade nickel sulphides at Langmuir #2 All 3 holes on Langmuir South Zone intersect significant nickel mineralization Holes L06 and L07 intersect additional high-nickel tenors sulphides associated with Langmuir South TORONTO, ON / ACCESS Newswire / May 7, 2026 / EV NICKEL INC. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to announce a strong high-grade nickel intercept from its 2026 diamond drilling program at the Langmuir #2 / Langmuir South Project, located near Timmins, Ontario. Drill hole EV26-L08 intersected 34.60 metres grading 1.06% nickel, including 13.70 metres grading 1.76% nickel and 5.60 metres grading 3.00% nickel, confirming the down-plunge extension of high-grade nickel sulphide mineralization at the Langmuir #2 Zone. The 2026 spring exploration program comprised four diamond drill holes totaling 1,772 metres, targeting both the Langmuir South Zone and extensions of mineralization below and along strike from the historic Langmuir #2 Mine. Drill hole EV26-L08 was specifically designed to test the down-plunge continuity of the main high-grade nickel sulphide zone. The hole successfully intersected the mineralized system beneath historic mine workings, with mineralization consisting of disseminated to semi-massive sulphides associated with the basal contact of a peridotitic host unit. "The high-grade nickel intercept in EV26-L08 represents one of the best nickel intercepts I have drilled in my exploration career," said Paul Davis, Vice President Exploration. "The Langmuir #2 and Langmuir South projects have the potential to host a significant deposit of high-grade nickel sulphides and represent an excellent near-term mining opportunity. This could provide a new domestic source of Class 1 nickel into Canada's supply chain. When coupled with our advancing bioleach processing program, EVNi is well positioned to produce battery-grade products such as nickel MHP and nickel sulphate for the North American EV market." Photo 1: EV26-L08 Semi-Massive Ni Sulphide The Langmuir #2 Project benefits from existing historical mining infrastructure, including a capped 440-metre-deep shaft and associated underground development largely situated within EVNi's property boundaries. Historical records indicate that,...