EV Nickel (EVNI) - Ontario Govt Backing Clean Nickel Strategy

Interview with Sean Samson, President & CEO of EV Nickel (TSX-V: EVNI)Matthew Gordon spoke to Sean Samson, the President and CEO of EV Nickel Inc. (TSX-V: EVNI) to discuss the company and its recent activities and announcements. EV Nickel Inc. is a junior nickel exploration and development company focused in the Shaw Dome area located south of Timmins in Ontario. The Shaw Dome project of the company holds a land position of approximately 30,000 hectares and hosts the CarLang and W4 mineral zones. The company has applied for the trademark Clean Nickel™ across several jurisdictions, under which it intends to develop nickel production with zero carbon emissions. The company at the end of February 2023 announced a mineral resource estimate (MRE) for the CarLang A-Zone of its Shaw Dome project. The MRE totals approximately 1 billion tons of mineralisation at an average grade of 0.24% nickel and consists of 1.25 million tons of nickel in the indicated category and 1.16 million tons in the inferred category. The carling A-Zone represents only 20% of the total CarLang area, which totals 10 km of mineralisation.EV Nickel Inc. announced on the 6th of March 2023 that it had, as part of its partnership with the Ontario Government, received CAD$500,000 in funding. The funds are intended to be used towards the advancement of the company’s Clean Nickel™ strategy, which includes two separate research and development studies. The studies are aimed at advancing the company’s bio-leaching and carbon capture and storage process initiatives. The bioleaching initiatives will see bacteria implemented towards freeing metals from ore whilst the carbon capture and storage process will aid in earning carbon credits. The company plans to use its cash position of CAD$1.5 million towards the completion of its Clean Nickel™ studies as well as the completion of an updated mineral resource estimate of the high-grade W4 zone. 

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