EV Minerals Corporation (EVM.c) is advancing in the mining sector with recent breakthroughs presenting exciting prospects for expansion and exploration. Through a series of press releases, EV Minerals has revealed significant strides in its project portfolio, including acquisitions and high-grade sampling results.
The most recent announcement on March 1, 2024, marked the successful conclusion of the acquisition deal for the Baldwin and Lunge Projects in Sudbury, Ontario. The acquisition underscores EV Minerals' confidence in the potential of these assets and its strategic intent to broaden its project portfolio in promising mining jurisdictions.
Situated in Sudbury, Ontario, a region renowned for rich mineral deposits, the Baldwin and Lunge Projects benefit from a strategic location with favorable geological characteristics.
EV Minerals' sampling program at the Lunge Project revealed notable high-grade nickel and copper concentrations, with values exceeding 1% for both metals, including 1.28% Nickel and 2.54% Copper.. This discovery suggests significant mineralization at the site, enhancing its economic viability.
Furthermore, EV Minerals highlighted substantial progress in its EV Nickel Project in the Saguenay-Lac-Saint-Jean Region, Quebec. Initial results from the Phase 1 desktop compilation unveiled extensive zones of mineralization, particularly within the Main Zone area, indicating promising opportunities for resource expansion.
Nicholas Konkin, President and CEO of EV Minerals, emphasized the significance of these acquisitions and exploration results as pivotal milestones for the company. These developments reflect EV Minerals' commitment to unlocking the full potential of its project portfolio and generating value for shareholders.
With a dedicated focus on advancing exploration efforts and delineating resources, EV Minerals is positioned for continued growth and success in the dynamic mining industry landscape.
More here: https://ca.marketscreener.com/quote/stock/EV-MINERALS-CORPORATION-155909881/news/EV-Minerals-Closes-Acquisition-of-Nickel-Projects-in-Sudbury-Ontario-46077447/
https://www.theglobeandmail.com/investing/markets/markets-news/NewsFile/24463500/ev-minerals-sampling-program-returns-high-grade-results-including-128-nickel-and-254-copper-at-the-lunge-project-in-sudbury-ontario/
https://www.evmineralscorp.ca/news/ev-minerals-highlights-historic-main-zone-results-at-ev-nickel-project-in-saguenay-lac-saint-jean-region-quebec
Posted on behalf of EV Minerals Corp.