- Highlights include 37.50m grading 0.38% Ni, 0.064 gpt Pd, 0.032 gpt Pt; 13.50m grading 0.39%Ni, 0.055 gpt Pd, 0.026 gpt Pt; and 19.50m grading 0.37% Ni, 0.034 gpt Pd, 0.022 gpt Pt
- Further evidence that mineralized zone on CarLang C area represents a magmatic sulphide source
- Elevated PGM assays correlate with higher sulphur contents
- Mineralogical characterization test program underway with XPS Sudbury
- Developing follow up exploration program to test the extension of the magmatic sulphide zone
- The PEA Technical Report for the CarLang A Deposit is being completed and is scheduled for release in the coming weeks
EV NICKEL INC. (TSX-V: EVNI) (“EVNi” or the “Company”) ”) is pleased to announce the precious metal assay results (“PGMs”) for hole EV24-CAR08 located in the CarLang C target area that intersected significant drill intercepts of elevated nickel mineralization associated with apparent magmatic sulphides observed within the diamond drill core (see press release dated October 8, 2024). Diamond drill hole EV24-CAR08 is located on the northern end of the CarLang C target (see Figures 1 and 2).
Results for the newly discovered zone Carlang C Zone included the highest nickel grades to date on the CarLang trend and as a result of the higher sulphur contents intersected in hole EV24-CAR08, EV Nickel had the entire length of the hole analyzed for the gold (Au), platinum (Pt) and palladium (Pd) contents after having received the higher-grade nickel intercepts associated with the visible disseminated sulphide mineralization. The Au, Pt and Pd values are significantly elevated compared to the CarLang A target area and the assay results have been summarized in Table 1 below.
“Hole CAR08 appears to represent a different style of nickel sulphide mineralization than what we have seen in other parts of the CarLang Trend and potentially represent a zone similar in nature to the Mt. Keith Style of mineralization observed in Western Australia and could be associated with better nickel recoveries due to the higher amounts of nickel associated with the sulphide minerals ,” said Paul Davis, Vice President Exploration. “The higher contents of palladium and platinum when considered with the higher Cu grades within the zone indicate that the hosting minerals are more likely associated with the sulphides observed in the drill core.”
In order to better understand the style of mineralization associated with hole EV24-CAR08, selected samples from the hole were submitted to XPS Sudbury for mineralogical characterisation with detailed modal mineralogy and nickel deportment utilizing QEMSCAN (quantitative evaluation of materials by scanning electron microscopy) and EPMA (electron-probe micro analysis). This work will provide the definitive identification of the nickel bearing minerals in the samples and the nickel distribution associated with each of the hosting minerals.
The Company is designing its 2025 exploration programs to expand and define the size of the nickel mineralization identified in hole CAR08. Exploration work will include diamond drilling, geophysical surveys and metallurgical studies.
The PEA Technical Report for the CarLang A Deposit is being completed and is scheduled for release in the coming weeks. The CarLang A Deposit contains in accordance with National Instrument 43-101, a combined Resource of 1.1B tonnes @ 0.24% Ni consisting of an Indicated Resource of 0.5B tonnes @ 0.25% Ni and an Inferred Resource of 0.5B tonnes @ 0.23% Ni (see press release dated February 28, 2023 and/or SEDAR filing dated April 12, 2023).
Assay QA/QC
Surface samples from EVNi sampling program on the CarLang Trend at the Shaw Dome Project are sampled and bagged in the field and reviewed at the core logging facility located near the Shaw Dome Project. Samples are transported to Activation Laboratories Limited (“Actlabs”) in Timmins for preparation and analysis. Samples, along with certified standards and blanks, that are included by the Company for quality assurance and quality control, were prepared and analyzed at the laboratories. At Actlabs, samples are crushed to 80% passing 2mm. A riffle split is pulverized to 95% passing 105 microns. Nickel, copper, cobalt, iron and sulphur are analyzed by peroxide fusion with an ICP-OES finish and gold, platinum and palladium are analyzed by Fire Assay with an ICP-OES finish. These and future assay results may vary from time to time due to re‒analysis for quality assurance and quality control.
Continue at EV Nickel
