EV Nickel Inc.

EV Nickel Inc. announced today that it is closing the second and final tranche of a non-brokered, private placement of units of the Company at C$0.06 per Unit for total gross proceeds of C$2,100,020 . Tranche 1 closed on July 21, 2023, with aggregate proceeds of C$82,020 and tranche 2 is closing today for aggregate proceeds of C$2,018,000 [...]

EV Nickel Inc. is providing an update on the previously announced non-brokered private placement of up to 16,667,667 units for aggregate proceeds of $1M on July 17, 2023. The Company has upsized the Offering and will now offer up to 34,583,667 units of the Company at CAD$0.06 per Unit for aggregate proceeds of CAD$2,075,020. The Offering will be on [...]

Measured + Indicated Resources of 31.3M pounds at 0.98% Ni . Inferred Resources of 12.1M pounds at 0.98% Ni . 72% of the W4 Deposit Mineral Resource Estimate Ni lbs are in the Measured and Indicated categories. Significant resource expansion potential exists at the W4 Deposit as it is open at depth and along plunge. EV Nickel Inc. today announced [...]

EV Nickel Inc. is announcing a non-brokered private placement for gross proceeds of up to C$$1,000,00 from the sale of units of the Company at a price of C$0.06 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one common share of the [...]

Measured + Indicated Resources of 31.3M pounds at 0.98% Ni Inferred Resources of 12.1M pounds at 0.98% Ni 72% of the W4 Deposit Mineral Resource Estimate Ni lbs are in the Measured and Indicated categories Significant resource expansion potential exists at the W4 Deposit as it is open at depth and along plunge EV Nickel management will host a live [...]

EVMET23-01 intersected 71.9m grading 0.97% Ni, including 29.9m grading 1.44% Ni & 4.0m grading 4.00% Ni EVMET23-02 intersected 61.3m grading 0.81% Ni, including 13.0m grading 1.87% Ni Both holes will be used by SGS to generate nickel concentrate for the Bioleaching Test Program Updated W4 Resource Estimate expected next month, including the [...]

W4 sulphides have proven amenable to bioleaching, creates potential to skip the smelter/refiner for operations Testing utilized a locally derived bacteria from the Shaw Dome area- bred from local water samples Metal Extraction ranged from 86.0% to 90.5% for Nickel and 85.2% to 90.1% for Cobalt Bioleach testing continues- Bench Scale testing now [...]

CO2 reactive minerals were observed throughout the CarLang Area's A Zone 46 of 50 samples indicated presence of brucite and hydrotalcite group minerals that are highly reactive to CO2 Indicates potential for direct capture of CO2 from air, advancing now to quantifying the total potential EVNi will engage an independent quality and assurance group [...]

Defined a resource which puts it into the league of the largest undeveloped nickel deposits in the world[1]. A Zone Resources total 1.0B tonnes, averaging 0.24% Ni and 0.0107% Co , split between: Higher Grade Core with 290M tonnes at 0.27% Ni Indicated and 203M tonnes at 0.27% Ni Inferred. Lower Grade with 219M tonnes at 0.22% Ni Indicated and 294M [...]

EV23-02 intersected 13.1m grading 1.47% Ni including 4.7m grading 2.77% Ni EV23-03 intersected 6.8m grading 1.58% Ni including 2.1m grading 3.01% Ni These results stretch the W4 Extension further to the East An Updated Resource Estimate, including the W4 Extension, is to be completed in Q2 2023 EV Nickel management will host a live digital event [...]