EV Nickel (TSXV: EVNI) has announced 12 additional assay results near its Carman-Langmuir area in northern Ontario confirming it as a potential large scale nickel prospect. Also referred to as the "CarLang area," the nickel target lies near the miner's Shaw Dome project southeast of Timmins, Ont. and assay analyses of 23 holes and core logging of five other holes confirmed that every hole of the 28-hole diamond drill program intersected the targeted dunite unit, EV said in a news release Thursday. The 12 holes are part of the Toronto-headquartered company's phase 3 drilling program.
The intersections included: hole EV22-33 with 203.4 metres grading 0.26% nickel, hole EV22-43 with 298.7 metres grading 0.27% nickel, and hole EV22-32 with 202.4 metres grading 0.27% nickel.
According to EV, assay results continue to confirm the thick intersections of large scale, broad zones of nickel mineralization. Gaps observed in the mineralized sequence represent intersections of late, crosscutting diabase or intermediate dikes in an otherwise continuous sequence of dunite, also known as olivinite.
Assays are pending on the remaining five holes and are scheduled to be completed by the end of this month. Caracle Creek International Consulting has been contracted to complete the preliminary resource estimate for the CarLang A zone and results are anticipated in the spring of 2023.
EV Nickel president and CEO Sean Samson said the company expected the results from CarLang and added that he's excited to see the results of the upcoming preliminary resource estimate.
"The A Zone will get us started but we know it's only 1.4 km of the more than 10 km of prospective strike length across CarLang," Samson said. "This is one part of our two-track strategy of focusing on both this large-scale plus the high-grade potential of our Shaw Dome project."