EV Nickel drills best hole to date at Shaw Dome Project, Ontario
EV Nickel Inc. [TSXV: EVNI] reported the first six holes of the 2025 diamond drill program designed to explore the recently discovered Gemini North Zone on its Shaw Dome Project near Timmins, northeast Ontario. Assay results have been received for six of the 12 holes completed on the Gemini North Zone. All six holes reported in this release intersected similar style sulphide mineralization as previously reported Hole EV24-CAR08. The Gemini North Zone is located on the northern end of the CarLang Trend.
Nickel mineralization identified at the near surface Gemini North Zone includes the longest intersections of >0.34% nickel completed to date on the CarLang Trend Large-Scale Project including an intersection of 9.0 metres grading 0.51% nickel in hole EV25-GN06. The diamond drill program was designed to define the orientation and expand the mineralized envelope of the Gemini North Nickel Sulphide Zone. Sulphide mineralization is still open in multiple directions and has not been defined by the current drill hole program.
Sulphur contents are significantly enriched when compared to other large-scale nickel projects around the Timmins area and contain higher proportions of copper, platinum and palladium than observed at the CarLang A Deposit. These results further confirm the interpretation that the Gemini North Zone represents a primary nickel sulphide zone associated with the host peridotites and dunites.
“The Gemini North Zone is developing into a potentially significant zone of nickel sulphide mineralization within our overall CarLang Trend,” said Paul Davis, Vice President Exploration. “All six of the first 12 holes of the Gemini North drill program intersected similar style disseminated and blebby sulphides as first observed in Hole CAR08 with broader zones of even better nickel mineralization than seen in 2024’s single hole. We are further encouraged by the continuity highlighted by 186.5 metres grading 0.36%, with meaningfully higher interval grades and elevated byproducts. If the zone continues to expand and grow in size, this could represent a near surface area with a style of mineralization that would react well to conventional milling processes and has similarities to a “Mt Keith” style of nickel sulphide mineralization (BHP’s world-class open-pit nickel complex in Western Australia).”
The presence of two higher grade intervals including 3.85% Ni over 0.20m in Hole EV25-GN05 and 1.07% Ni over 0.30m in Hole EV25-GN06 is highly encouraging for the potential for zones of higher-grade nickel mineralization associated with the Gemini North Zone and overall CarLang C area. These higher-grade nickel results indicate that the komatiitic host units were saturated in sulphur while still in a molten state, versus that the sulphides were introduced after solidification of the peridotites and dunites, and is additional evidence that the Gemini North Zone is a magmatic sulphide style of mineralization.
The company has engaged SGS Canada Inc. to complete a robust metallurgical program on the Gemini North Zone. Sample selection and preparation will begin in the coming weeks as all assay data is received for the fist stage of the drill program. The program will complete both open cycle and closed cycle flotation tests, mineralogical analysis and comminution testing to define the recovery and physical properties of the Gemini Zone with the objective to define the optimal flow sheet to recovery the critical minerals associated with the zone.
Results of the first stage of diamond drilling will be interpreted to define the orientation of the higher nickel and sulphide zones and a second stage drill program will begin to define the extent and size of the Gemini North Zone. This drilling is expected to begin before summer.
EV Nickel’s mission is to provide the world with clean nickel from Tier 1 jurisdictions. Our projects are located within 30 km of Timmins, Ontario, a developing hub of clean critical minerals for the North American battery and stainless-steel markets, as well as an important emerging critical mineral district for North American efforts to bring onshore the full vertical integration of electric batteries and vehicles.