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EV Minerals Corp C.EVM

EV Minerals Corporation is a Canadian exploration company focused on mineral exploration and development. The Company focuses on the EV Nickel Project, the host of the nickel-copper-cobalt deposit. The Project comprises approximately 32 mineral claims covering approximately 1,792 hectares (ha) located in the Saguenay Mining district in the Province of Quebec. The Company's Poissons Blanc Property is a nickel-copper-cobalt property. The Poissons Blanc Property is in northern Quebec, 294 kilometers (Km) northwest of Quebec’s capital city, Quebec City. The Company also has a 100% interest in two packages of claims known as the Baldwin and Lunge Projects. The Baldwin Project is comprised of the Main Baldwin Block and the Northeast Baldwin Block, spans over 1,605 ha, with the adjacent 587 ha Lunge Project, located six km northeast, showcasing gold and critical minerals potential.


CSE:EVM - Post by User

Post by 1StockInformeron Mar 26, 2024 7:13pm
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Post# 35954241

EV Minerals Unveils Promising Historic Results from EV Nicke

EV Minerals Unveils Promising Historic Results from EV Nicke

Last week, EV Minerals Corporation (Ticker: EVM.c) announced significant developments at its EV Nickel-Copper-Cobalt Project in the Saguenay-Lac-Saint-Jean Region, Quebec. Through a meticulous Phase 1 desktop compilation, the company has identified compelling North Zone drill targets, hinting at a potential expansion of resources.
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After completing its inaugural 13-hole drill program in 2023, EV Minerals is eagerly anticipating the imminent assay results. These results will provide valuable insights into the project with initial results already having revealed indications of semi-massive to massive sulphide mineralization. 


The  company plans to use the drill program and historic data compilation results for a follow-up drill program this year. 


Key findings from initial desktop compilation in the North Zone include:


Expansive Resource Potential: Highlights from the North Zone demonstrate robust potential for resource expansion through infill drilling, with the area remaining open to the north.


Notable Intercepts: Hole 89-MCN-132 revealed two wide zones with significant grades, including 0.03% Cobalt, 0.11% Copper, and 0.38% Nickel over 14.00 meters, and 0.04% Cobalt, 0.15% Copper, and 0.29% Nickel over 21.60 meters, with higher concentrations within.


High-grade Nickel Pockets: Hole 89-MCN-133 exhibited high-grade nickel concentrations, with 1.64% Nickel over 2.30 meters, among other notable intercepts.


Multi-element Potential: Several holes indicated potential for diverse mineralization, including copper, lead, and zinc.


Advanced Data Analysis: Comprehensive digitization of historic exploration data will facilitatthe creation of an interactive 3D model of the deposit, essential for planning future drilling programs and resource updates.


Nicholas Konkin, President and CEO of EV Minerals, expressed optimism, stating, "Modern digitization of historic exploration data has provided valuable insights into areas for resource expansion. We are particularly encouraged by the numerous >1% nickel intercepts, guiding our strategic approach for future drilling and metallurgical testing."


The EV Nickel-Copper-Cobalt Project spans 1,792 hectares in the vicinity of Saguenay, Quebec, accessible via multiple forest service roads. With an undeveloped resource of 5.585 million tonnes, boasting grades of 0.21% Nickel, 0.11% Copper, and 0.03% Cobalt, the project holds promise. 


Full news here: https://www.evmineralscorp.ca/news/ev-minerals-highlights-historic-north-zone-results-providing-compelling-drill-targets-at-ev-nickel-project-in-saguenay-lac-saint-jean-region-quebec


Posted on behalf of EV Minerals Corp.

 
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