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CIM

Prezzo Chimera Investment Corp

Closed
CIM
$13,56
+$0,13(+0,96%)

*Data last updated: 2026-04-15 05:35 (UTC+8)

As of 2026-04-15 05:35, Chimera Investment Corp (CIM) is priced at $13,56, with a total market cap of $1,13B, a P/E ratio of 4,43, and a dividend yield of 11,50%. Today, the stock price fluctuated between $13,36 and $13,56. The current price is 1,49% above the day's low and 0,00% below the day's high, with a trading volume of 478,95K. Over the past 52 weeks, CIM has traded between $12,38 to $13,56, and the current price is 0,00% away from the 52-week high.

CIM Key Stats

Yesterday's Close$13,43
Market Cap$1,13B
Volume478,95K
P/E Ratio4,43
Dividend Yield (TTM)11,50%
Dividend Amount$0,45
Diluted EPS (TTM)2,81
Net Income (FY)$230,49M
Revenue (FY)$820,77M
Earnings Date2026-05-07
EPS Estimate0,51
Revenue Estimate$102,35M
Shares Outstanding84,20M
Beta (1Y)1.828
Ex-Dividend Date2026-03-31
Dividend Payment Date2026-04-30

About CIM

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.
SectorReal Estate
IndustryREIT - Mortgage
CEOPhillip John Kardis
HeadquartersNew York City,NY,US
Official Websitehttps://www.chimerareit.com
Employees (FY)423,00
Average Revenue (1Y)$1,94M
Net Income per Employee$544,91K

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Chimera Investment Corp (CIM) is currently trading at $13,56, with a 24h change of +0,96%. The 52-week trading range is $12,38–$13,56.

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Hot Posts su Chimera Investment Corp (CIM)

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04-13 02:23
This is a paid press release. Contact the press release distributor directly with any inquiries. Wallbridge Launches 2026 Exploration and Technical Studies Programs =================================================================== Wallbridge Mining Company Limited Tue, February 17, 2026 at 9:00 PM GMT+9 4 min read In this article: WLBMF +0.81% GC=F -2.01% Wallbridge Mining Company Limited TORONTO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- **Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF)** (“**Wallbridge**” or the “**Company**”) is pleased to announce the initiation of its fully funded 2026 exploration and technical studies programs, highlighted by the commencement of drilling at its 100%-owned Fenelon Gold Project (“**Fenelon**”) in northwestern Québec. The 2026 program represents one of the Company’s more active exploration seasons in recent years, with approximately 25,000 metres of drilling planned across the Fenelon, Martiniere, Casault and Grasset properties. The program is designed to advance Fenelon toward its next stage of technical development while continuing to unlock growth potential at the Martiniere Gold Project (“**Martiniere**”) and earlier stage prospects along the Company’s 598 km² land position covering 82 kilometres of the prolific Detour–Fenelon gold trend. _“We are excited to have launched our fully funded, clearly defined 2026 exploration and development strategy. At Fenelon, our focus is on advancing the technical work required to further de-risk the project and position it for the next stage of development. At the same time we are allocating capital to systematically evaluate the broader growth potential at Martiniere and across our regional property portfolio,”_ _commented Brian W. Penny, Wallbridge’s Chief Executive Officer._ _“Our 2026 program is structured to balance longer term development priorities with nearer-term resource growth opportunities, while maintaining financial discipline and flexibility as results are received,” concluded Mr. Penny._ **2026 EXPLORATION PROGRAM OVERVIEW** _Fenelon _ Drilling has commenced at Fenelon with one rig focused on targeted infill areas within the current mineral resource that forms part of the conceptual mine plan outlined in the Company’s March 27, 2025 Preliminary Economic Assessment (“**PEA**”). This initial campaign will include approximately 2,000 metres of large-diameter (HQ) core drilling to support metallurgical test work and related technical studies. The program is designed to further evaluate gold recoveries across the deposit and characterize residual tailings and waste rock material to further de-risk the project as Wallbridge advances Fenelon along the development pathway to a future pre-feasibility study. The Company has engaged Synectiq, an independent mining consultancy headquartered in Longueuil, Québec, to oversee and coordinate the metallurgical testing and related technical studies included in the 2026 program. Synectiq brings extensive experience managing multidisciplinary engineering and development studies for mining projects and has supported the advancement of projects from PEA through pre-feasibility and final feasibility stages. 繼續閱讀 Following completion of this campaign, a 1,500-metre reconnaissance drilling program is planned to test prospective targets located within approximately 2.5 kilometres of the main deposit area, in alignment the Company’s strategy of evaluating both near-deposit growth and regional upside. _Martiniere_ In mid-March, a second drill rig will be mobilized to Martiniere where approximately 17,000 metres of drilling are planned in two phases. Phase 1 (mid-March to mid-May) will build on strong results from the 2025 exploration program and focus on expanding and evaluating the scale and continuity of the gold system. Phase 2 (early July to mid-September) will be designed based on Phase 1 results, positioning Martiniere for potential future resource delineation as results warrant. _Casault and Grasset_ Upon completion of the initial Fenelon campaign, drilling will move to the Casault property, where approximately 3,000 metres of reconnaissance drilling will test priority targets including the Vortex prospect and several untested structural intersections along the Sunday Lake Deformation Zone (“**SLDZ**”). The SLDZ is a key structural corridor along the Detour–Fenelon trend, which hosts Agnico Eagle’s Detour Lake gold mine as well as Wallbridge’s Fenelon and Martiniere projects. Wallbridge holds an option to earn a 50% interest in Casault through its agreement with Midland Exploration. Following completion of Martiniere Phase 2, approximately 1,500 metres of reconnaissance drilling are planned at the Grasset property to test newly identified targets along the eastern projection of the SLDZ. The 2026 program will utilize two diamond drill core rigs from mid-February to mid-May, scaling down to one diamond drill rig from mid-May until the program’s expected completion in late September. Total expenditures for 2026, including corporate G&A, are anticipated to be approximately $27 million. This total includes a 30% increase in exploration and technical studies program costs compared to 2025. The Company ended 2025 with a cash balance of $28.9 million. Figure 1: Wallbridge Property Map **Figure 1: Wallbridge Property Map **_Click to enlarge._ **Qualified Person** The Qualified Person responsible for the technical content of this news release is Mr. Mark A. Petersen M.Sc., P.Geo. (OGQ AS-10796; PGO 3069), Senior Exploration Consultant for Wallbridge. **About Wallbridge Mining** Wallbridge is focused on creating value through the exploration and sustainable development of gold projects in Quebec’s Abitibi region while respecting the environment and communities where it operates. The Company holds a contiguous mineral property position totaling 598 square kilometres that extends approximately 82 kilometres along the Detour-Fenelon gold trend. The land position is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects. For further information please visit the Company’s website at or contact: | **Wallbridge Mining Company Limited** | | | --- | --- | | Brian Penny, CPA, CMA Chief Executive Officer Email: bpenny@wallbridgemining.com M: +1 416 716 8346 | Tania Barreto, CPIR Director, Investor Relations Email: tbarreto@wallbridgemining.com M: +1 416 289 3012 | **_Cautionary Note Regarding Forward-Looking Information_** _The information in this document may contain forward-looking statements or information (collectively, “_**_FLI_**_”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretations as at the date of this document. _ _All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”_ _FLI in this document may include, but is not limited to: the continuity of and expansion potential of the Fenelon and Martiniere gold systems; the potential for mine development at Fenelon; the potential to increase mineral resources on the Company’s properties on the Detour-Fenelon gold trend ; the growth potential of Casault, Grasset and the Company’s mineral properties in general; the amount of budgeted total expenditures during 2026; and the significance of historic exploration activities and results._ _FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein._ _Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI._ _Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Company’s mineral properties; the accuracy of key assumptions, parameters or methods used to estimate the mineral resource estimates and in the preliminary economic assessment; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at __www.sedarplus.ca__. _ **_Cautionary Notes to United States Investors_** _Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the U.S. Securities and Exchange Commission (the "_**_SEC_**_"). Terms relating to mineral properties, mineralization and estimates of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43-101 differs significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder._ A photo accompanying this announcement is available at 條款 及 私隱政策 Privacy Dashboard More Info
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04-09 06:29
This is a paid press release. Contact the press release distributor directly with any inquiries. Scorpio Gold Announces Development of State-of-the-Art Core Processing & Storage Facility Through Strategic Divestiture of Manhattan Mill Assets ================================================================================================================================================ TMX Newsfile Tue, February 17, 2026 at 10:58 AM GMT+9 6 min read In this article: SRCRF -2.58% Vancouver, British Columbia--(Newsfile Corp. - February 16, 2026) - **Scorpio Gold Corporation** **(TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)** ("**Scorpio Gold**", "**Scorpio" **or the "**Company**") is pleased to announce a strategic realignment of infrastructure at its Manhattan District project in Nevada, supporting the development of a modern, centralized core processing, logging and storage facility designed to underpin a significantly expanded exploration program. **Building the Foundation for Rapid Resource Growth** Scorpio is advancing plans to construct a purpose-built geological facility at site that will serve as the operational backbone for higher drill volumes, enhanced geological interpretation, and improved core management systems. In order to do this, it is freeing space in a large, concrete based metal structure currently partially occupied by a processing plant that is undersized and unsuitable for the large scale of any future mine operation envisioned by Scorpio at Manhattan. The Company's objective is to establish the infrastructure required to efficiently process, analyze and securely store large volumes of drill core in support of an aggressive, district-scale exploration strategy aimed at supporting the expansion of the mineral resource base. "We are building the foundation required to scale exploration in a disciplined but aggressive manner," said Zayn Kalyan, Chief Executive Officer of Scorpio Gold. "With three drills currently operating across the district and plans to scale activity further, modern exploration at this level requires modern infrastructure. By investing in a centralized core processing and storage facility, we are positioning Scorpio to handle higher drill volumes, improve geological modeling, and accelerate resource growth across the Manhattan District." **Infrastructure to Enable Scalable Exploration** The planned facility is expected to include: * Centralized core receiving and processing areas * Dedicated logging and sampling stations * Expanded secure core indoor storage capacity with ease-of-access for QA/QC and geologic review * Integrated geological data capture systems; and * Layout and workflow designed to support increased annual drill meterage Management believes that this infrastructure is essential to unlocking the full potential of what it views as a district-scale gold system within the Manhattan District. **Capital Reallocation to Support Exploration Focus** Pursuant to the above strategy, the Company's wholly-owned subsidiary, Goldwedge LLC ("Goldwedge"), has entered into an asset purchase agreement (the "Agreement") with Manhattan Metals Corp. ("Manhattan Metals") pursuant to which Goldwedge has agreed to sell certain mineral processing infrastructure located in Nye County, Nevada (collectively, the "Processing Assets"). Story continues The Processing Assets comprise a permitted mineral processing facility situated on patented mining claims in the historic Manhattan mining district of Nye County, Nevada, including, without limitation, a primary crusher, a conventional milling circuit with a nominal processing capacity of approximately 400 tons per day, a filter press-based tailings dewatering system, and all associated fixed and mobile equipment, utilities and supporting infrastructure.The Processing Assets have not been in active operation in recent years and have been maintained in an idle state. The Agreement provides for Scorpio to receive, through its Goldwedge subsidiary, a cash payment of C$750,000. Goldwedge has agreed to sell to Manhattan Metals all right, title and interest in and to the Processing Assets, including, without limitation: inventories of accessories, materials, parts, supplies and tools located at the facility; fixtures, improvements, plants and other structures situated on the property; fixed and mobile equipment; permits, licences and other governmental approvals required to operate the Processing Assets; books, data and records related thereto; and associated intangible assets, including designs, drawings, know-how, processes, trade secrets, warranties and certain underlying agreements. In connection with the transaction, Manhattan Metals has been granted the right to relocate the Processing Assets to a site of its choosing. Closing of the sale transaction is scheduled for May 14, 2026 and remains subject to customary closing conditions, including, without limitation, approval of the TSX Venture Exchange. **Marketing Engagement** The Company also announces that it has retained Mining Stock Education LLC ("MSE") to provide certain investor communication and marketing services in accordance with the policies of the TSX Venture Exchange. The services include online profile development, website advertising, production and distribution of video and interview content, podcast and webinar hosting, social media promotion, and related investor outreach activities. Under the agreement, the Company will pay MSE US$10,000 per month for a twelve-month term commencing February 10, 2026, for total consideration of US$120,000. Aside from this engagement, the Company does not have any relationship with MSE or Mr. William Powers, principal of MSE. **About the Manhattan District** Manhattan, located in the Walker Lane Trend of Nevada, USA, is road accessible and lies approximately 20 kilometers south of the operating Round Mountain Gold Mine, which has produced more than 15 million ounces of gold. For the first time, the Company has consolidated Manhattan's past-producing mines under a single entity that holds valuable permitting and water rights. Historically, Manhattan has produced approximately 700,000 ounces of gold from high-grade placer and lode operations dating from the late 1890s through to the mid-2000s.¹ The maiden mineral resource estimate (the "**Maiden MRE**") covering the Goldwedge and Manhattan Pit areas of Manhattan is comprised of 18,343,000 tonnes grading 1.26 g/t gold for a total of 740,000 oz contained gold in the inferred category.² A historical mineral resource estimate (the "**Historical MRE**") covers the Black Mammoth, April Fool, Hooligan, Keystone, and Jumbo areas of Manhattan and comprises 1,652,325 tonnes grading 5.89 g/t gold for a total of 303,949 oz contained gold.³ The deposit is interpreted as a low-sulfidation, epithermal, gold-rich system situated adjacent to the Tertiary-aged Manhattan caldera in the Southern Toquima Range of Nevada. A "Qualified Person" as defined in National Instrument 43-101 - _Standards of Disclosure for Mineral Projects_ ("**NI 43-101**") has not done sufficient work to make the Historical MRE current, and the Company is not treating the Historical MRE as current. **Notes** * _**Adjacent Properties:** The Company has no interest in, or rights to, any of the adjacent properties mentioned, including the Round Mountain Gold Mine, and exploration results on adjacent properties are not necessarily indicative of mineralization on the Company's properties. Any references to exploration results on adjacent properties are provided for information only and do not imply any certainty of achieving similar results on the Company's properties._ * _**Historical Data:** This news release includes historical information that has been reviewed by the Company's qualified person. The Company's review of the historical records and information reasonably substantiate the validity of the information presented in this presentation. The Company encourages readers to exercise appropriate caution when evaluating these data and/or results._ * _**Third-Party Mineral Projects**: These deposits are cited solely for geological context. The Company cautions that these properties are not necessarily adjacent to, nor does the Company or have any interest in or control over them. Although certain geological features may be similar, there is no assurance that mineralization comparable to these deposits will be discovered on any of the Company's properties. Information regarding the aforementioned deposits is taken from publicly available sources and technical reports believed to be reliable but has not been independently verified by the Company. The Company encourages readers to exercise appropriate caution when evaluating these data and/or results._ * _**Mineral Resource Estimate (MRE):** All scientific and technical information relating to Manhattan pertaining to Maiden MRE contained in this news release is derived from the Technical Report dated October 23, 2025 (with an effective date of June 4, 2025) titled "Mineral Resource Estimate and NI 43-101 Technical Report" (the "**Technical Report**") prepared by Matthew R. Dumala, P.Eng (BC) of Archer Cathro Geological (US) Ltd., Patrick Loury, M.Sc., CPG (AIPG) of Daniel Kunz & Associates, Annaliese Miller, LG (WA) of Geosyntec Consultants, Inc. and Art Ibrado, PhD, PE (AZ) of Fort Lowell Consulting PPLC. The information contained herein in respect of the Maiden MRE is subject to all of the assumptions, qualifications and procedures set out in the Technical Report and reference should be made to the full text of the Technical Report, a copy of which has been filed with the applicable securities regulators and is available under the Company's profile on __www.sedarplus.ca__._ * _**Historical MRE: **A Qualified Person has not done sufficient work to make the Historical MRE current, and the Company is not treating the Historical MRE as current. _ _The Company considers the Historical MRE relevant as it demonstrates the presence of significant gold mineralization across multiple zones within Manhattan; however, its reliability is uncertain because it was prepared prior to the adoption of the current CIM Definition Standards and current QA/QC practices. The Historical MRE provides limited disclosure of assumptions, parameters, estimation methods, cutoff grades, and QA/QC protocols, and therefore these cannot be fully verified by the Company. The categories used in the historical estimate predate, and are not directly comparable to, current CIM Definition Standards, and the Company is not treating the Historical MRE as a current Mineral Resource Estimate. To upgrade and verify the Historical MRE in order to make it a current Mineral Resource Estimate, the Company would be required to undertake confirmatory drilling, modern QA/QC sampling, validation and digitization of historical datasets and updated geological modeling followed by the preparation of a new Mineral Resource Estimate in accordance with CIM Definition Standards and NI 43-101. The Company encourages readers to exercise appropriate caution when evaluating the Historical MRE._ _All scientific and technical information relating to Manhattan pertaining to the Historical MRE contained in this news release is derived from the Technical Report dated May 1997 titled "Exploration and Pre-Production Mine Development, Manhattan District Project, Nye County" (the "**Historical Technical Report**") prepared by New Concept Mining, Inc. The information contained herein in respect of the Historical MRE is subject to all the assumptions, qualifications and procedures set out in the Historical Technical Report and reference should be made to the full text of the Historical Technical Report._ * _**References**: (1) Strachan, D. G., and Master, T. D., 2005: Update and Revision of the Gold Wedge Project Development, Nye County. Report prepared for Nevada; Royal Standard Minerals, Inc. and dated March 31, 2005; (2) Dumala, M. R., and Lowry, P., 2025: Mineral Resource Estimate and NI 43-101 Technical Report, Manhattan Property, Nye County, Nevada. Report prepared for Scorpio Gold Corporation and dated October 23, 2025 (with an effective date of June 4, 2025); and (3) Berry, A., and Willard, P., 1997: "Exploration and Pre-Production Mine Development, Manhattan District Project, Nye County". Report prepared for New Concept Mining, Inc. and dated May 1997. _ **Qualified Person** The scientific and technical information in this news release has been reviewed, verified and approved by Thomas Poitras, P. Geo., Chief Geologist of Scorpio Gold, a "Qualified Person", as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Verification included review of laboratory certificates, review of field logs and chain-of-custody records, inspection of blank/standard/duplicate performance, and review of collar and down-hole survey data. No limitations or failures to verify were identified. **ON BEHALF OF THE BOARD OF SCORPIO GOLD CORPORATION** **Zayn Kalyan, Chief Executive Officer and Director** Tel: (604)-252-2672 Email: zayn@scorpiogold.com **Investor Relations Contact:** Kin Communications Inc. Tel: (604) 684-6730 Email: SGN@kincommunications.com **Connect with Scorpio Gold:** Email | Website | Facebook | LinkedIn | X | YouTube To register for investor updates please visit: scorpiogold.com **(TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9)** _**Forward-Looking Statements**_ _The Company relies on litigation protection for forward-looking statements. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding: completion of the sale of the Processing Assets; the terms of the Agreement, including the consideration payable thereunder; the Company's plans for constructing and developing a centralized core processing, logging and storage facility (the "**Facility**"); the anticipated benefits and capabilities of the Facility, including increased drill volumes, enhanced geological interpretation, improved core management, and support for expanded exploration programs and resource growth; the Company's plan to advance exploration on a district-scale opportunity; receipt of required approvals, including approval of the TSX Venture Exchange; the timing of completion of the sale of the Processing Assets; the services to be provided by MSE and the compensation payable to MSE._ _The forward-looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, the ability of the parties to satisfy the conditions to closing of the sale of the Processing Assets; that MSE will provide the services as described above; the timely receipt of all necessary regulatory, stock exchange and third-party approvals; the availability of financing for Manhattan Metals on acceptable terms; the Company's ability to successfully construct and operate the Facility as planned; the realization of anticipated benefits from the Facility; the accuracy of the Company's geological interpretations and exploration results; the Company's ability to fund its exploration programs; the stability of general economic and market conditions; and the absence of significant changes in applicable laws, regulations, or government policies. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct._ _Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, including that the sale of the Processing Assets may not be completed on the terms currently contemplated or at all; the risk that required regulatory, stock exchange, or third-party approvals may not be obtained or may be delayed; risks related to the availability of financing on acceptable terms or at all; risks associated with the ability to satisfy the conditions to closing of the sale of the Processing Assets; risks that MSE will not provide the services as described above; risks related to the construction, development, and operation of the Facility, including unexpected costs or delays; risks that the anticipated benefits of the Facility may not be realized as expected; risks related to changes in general economic, business, and market conditions; risks related to changes in laws, regulations, or government policies; risks related to fluctuations in commodity prices; and other risks generally associated with the mining industry and the Company's business, including those risk factors outlined in the Company's Management's Discussion and Analysis as filed on SEDAR+. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty thereof._ _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release._ To view the source version of this press release, please visit Terms and Privacy Policy Privacy Dashboard More Info
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04-10 10:50
This is a paid press release. Contact the press release distributor directly with any inquiries. EV Nickel Announces Maiden Mineral Resource Estimate for Gemini North Nickel Zone ================================================================================= EV Nickel Inc. Fri, February 27, 2026 at 7:30 AM GMT+9 21 min read In this article: EVNI.V +2.27% EVNI.NE 0.00% _**NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES**_ * _**Distinct deposit to CarLang A with significant "Mt. Keith Style" primary sulphide mineralization with higher confirmed nickel recoveries**_ * _**Gemini North Zone Resources total 93.5M tonnes, averaging 0.23% Ni (US$7.35/t NSR cut-off), split between:**_ * _**Indicated Resources of 9.5M tonnes at 0.27% containing 56Mlbs of nickel, and**_ * _**Inferred Resources of 84.0M tonnes at 0.22% Ni containing 411Mlbs of nickel**_ * _**The Gemini North Zone contains a potential Pit Constrained Starter Zone of 25.5M tonnes grading 0.27% Ni and 0.34% S consisting of both Indicated and Inferred Resources**_ **TORONTO, ON / ACCESS Newswire / February 26, 2026 / ****EV NICKEL INC. (TSXV:EVNI)** ("**EVNi**" or the "**Company**") today announced a maiden mineral resource estimate for the "**Gemini North Zone**", part of its large-scale nickel target in the northeast of its Shaw Dome Project, referred to as the Carman-Langmuir or, "**CarLang Area**" (the "Property" or the "Project") (Figure 1). A Technical Report in support of the Mineral Resource Estimate will be filed on SEDAR+ (www.sedarplus.ca) within 45 days. The Mineral Resource Estimate is effective as of February 26, 2026. After discovery of the Gemini North Nickel Zone (see News Release dated October 8, 2024), EVNi launched a diamond drilling program (23 holes totalling 6,682 m) to complete a maiden mineral resource estimate in accordance with National Instrument 43-101 ("NI 43-101") which shows Indicated Resources of 9.5M tonnes or 55.6M pounds of contained nickel and Inferred Resources of 84.0M tonnes or 410.7M pounds of contained nickel (Table 1 and Figure 2). "_The Gemini North Preliminary Resources Estimate demonstrates the great potential of the CarLang Trend_," said Paul Davis, Vice President Exploration. "_The identification of Mt. Keith Style, nickel-copper-PGM sulphide mineralization at Gemini North with better metallurgical recovery characteristics, only represents a small portion of the overall CarLang C area. When combined with the potential to identify multiple, proximal, large-scale deposits along the CarLang Trend (A, B, C, E and Gemini North), would allow for a single, centralized processing plant to process all the potential zones within the interpreted 10km strike length of peridotites and dunites._" · EV Nickel Inc. **Table 1 - Preliminary Mineral Resource Estimate for the Shaw Dome Project's Gemini North Nickel Zone.** Notes to Table 1: 1. The independent Qualified Person for the Mineral Resource Estimate, as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183) of Caracle Creek International Consulting Inc. The effective date of the Mineral Resource Estimate is February 26, 2025. Story Continues 2. The quantity and grade of reported Inferred Mineral Resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as Indicated or Measured Mineral Resources. However, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. 3. Estimation domains were built from geological data with the exception of high-grade domains which were constrained using grade thresholds based on statistical analysis of the core assays. 4. The Mineral Resource is reported at an NSR break-even cut-off of US$7.35/t based on commodity prices, metallurgical recoveries, selling costs, operating costs, and appropriate mine modifying factors. 5. Geological and block models for the MRE used data from a total of 23 surface drill holes, completed by EV Nickel in 2025. The drill hole database was validated prior to resource estimation and QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material inserted into assay batches by EV Nickel and by comparison of umpire assays performed at a second laboratory. 6. Estimates have been rounded to two significant figures. 7. The MRE was prepared following the CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines (November 29, 2019) and the CIM Definition Standards for Mineral Resources & Mineral Reserves (May 19, 2014). 8. A 10 m x 10 m x 10 m block model was created, and samples were composited at 1.5 m intervals. Grade estimation from drill hole data was carried out for Ni, Co, Pd, Pt, Fe and S using the Ordinary Kriging interpolation method in Micromine software. 9. The MRE has been constrained by a conceptual pit envelope that was developed using the following optimization parameters: * Mining costs and revenues reported in US dollars (US$) * Metal prices used were US$21,000/t nickel, US$40,000/t cobalt, US$325/t iron, US$3,860/t chromium, US$1,350/oz palladium, and US$1,150/oz platinum. * Pit slope angle of 45 degrees was applied * Processing costs and general and administration costs of US$7.35/t for 100 ktpd operation * Recovery percentage for the metals are: Ni% is 171.63 × S% + 21.2; Co is 11%; Pt is 22%; Pd is 48%; and Fe is 53%. 10. The Mineral Resource statement reports pit-constrained resources using both NiEq and NSR calculated within an optimised open pit. Block value was calculated as: * NSR ($/t) = NSR_Ni + NSR_Co + NSR_Pt + NSR_Pd + NSR_Fe * NiEq (%) = Ni% + (Ni%×NSR_Co/NSR_Ni) + (Ni%×NSR_Pt/NSR_Ni) + (Ni%×NSR_Pd/NSR_Ni) + (Ni%×NSR_Fe/NSR_Ni) The NSR values for each metal was determined using the metal prices and recoveries stated in point 9. 11. Grade estimation was validated by comparison of input and output statistics (Nearest Neighbour and Inverse Distance Squared methods), swath plot analysis, cross-plots of declustered samples against the nearest Ordinary Kriging estimate, and by visual inspection of the assay data, block model, and grade shells in cross-sections. 12. Density estimation is based on referential density information benchmarked from similar deposits and projects. Lithology-specific values were applied: the average estimated density for peridotite, komatiite, and pyroxenite is 2.76 g/cm³ (t/m³). **Figure 2: Isometric View Showing the pit shell (light grey) with respect to the modelled Indicated and Inferred Resources** **Potential for the Gemini North Nickel Zone- Open along strike and at depth** The potential exists at Gemini North to sequence the potential extraction of the zone focusing on the higher-grade nickel and sulphur portions of the deposit. Table 2 summarizes the pit constrained Indicated and Inferred Resources and highlights the potential to sequence the open pit to extract higher nickel and sulphur grade material that appear to have better metallurgical recovery characteristics associated with nickel in sulphides as reported in a press release issued January 27, 2026. The Company will continue to explore the potential of the Gemini North, to define a starter open pit to maximize the economic value of the deposit and the potential to improved economic expectations for the area. Additionally, the Gemini North Nickel Zone is still open along strike to the east, west and at depth as indicated by drill holes not included in the current resource, surface sampling and the extension of the modeled mineralization below the current pit constrained resource. When taken into consideration that the Gemini North Nickel Deposit covers less than 10% of the overall CarLang C target area, the potential to expand the resources in this area is significant. **Drilling Data Detail** EV Nickel's Gemini North drill program targeted the Large-Scale potential of the Gemini North Nickel Zone, forming only the northern portion of the CarLang C target area, and was completed in 2024 and 2025. The maiden mineral resource estimate consists of 23 holes totalling 6,682 m (see Tables 3 & 4 and Figure 3). The Gemini North Nickel Zone is defined across a strike length of 990 metres, a width of 580 metres and a depth of 360 metres. Nickel mineralization extends below 300 metres vertical depth with a number of drill holes bottoming in nickel mineralization.   | **Table 4: Shaw Dome - Gemini North Drill Holes** | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | **Drill hole** | **Target Area** | | **From ** **(m)** | **To ** **(m)** | **Length ** **(m)** | **Ni ** **(%)** | **Cu ** **(%)** | **Co ** **(%)** | **S ** **(%)** | **Fe** **(%)** | **Au (ppb)** | **Pt (ppb)** | **Pd (ppb)** | | **EV24-CAR08** | Gemini North | | 18.00 | 252.00 | 234.00 | 0.28 | 0.010 | 0.012 | 0.48 | 5.95 | n/a | n/a | n/a | | | | incl. | 64.50 | 102.00 | 37.50 | 0.37 | 0.021 | 0.014 | 0.46 | 6.23 | n/a | n/a | n/a | | | | incl. | 156.00 | 169.50 | 13.50 | 0.39 | 0.024 | 0.016 | 1.18 | 6.32 | n/a | n/a | n/a | | | | incl. | 232.50 | 252.00 | 19.50 | 0.37 | 0.011 | 0.014 | 0.33 | 5.97 | n/a | n/a | n/a | | | | | | | | | | | | | | | | | **EV25-GN01** | Gemini North | | 14.20 | 232.60 | 218.40 | 0.26 | 0.008 | 0.012 | 0.43 | 6.09 | 0.4 | 12.7 | 19.4 | | | | incl. | 49.50 | 151.50 | 102.00 | 0.30 | 0.015 | 0.013 | 0.82 | 6.39 | 0.5 | 17.6 | 30.2 | | | | incl. | 76.50 | 96.00 | 19.50 | 0.36 | 0.018 | 0.013 | 0.81 | 6.22 | 0.9 | 21.2 | 41.7 | | | | | | | | | | | | | | | | | **EV25-GN02** | Gemini North | | 12.00 | 282.00 | 270.00 | 0.26 | 0.008 | 0.012 | 0.36 | 6.35 | 1.2 | 25.3 | 38.0 | | | | incl. | 13.50 | 235.00 | 221.50 | 0.29 | 0.008 | 0.012 | 0.42 | 5.96 | 1.4 | 15.1 | 25.0 | | | | incl. | 72.40 | 184.50 | 112.10 | 0.35 | 0.013 | 0.013 | 0.75 | 6.29 | 1.2 | 21.4 | 38.1 | | | | incl. | 87.00 | 117.00 | 30.00 | 0.41 | 0.021 | 0.014 | 0.87 | 6.54 | 3.8 | 31.4 | 63.4 | | | | incl. | 157.50 | 183.00 | 25.50 | 0.42 | 0.005 | 0.014 | 0.51 | 5.70 | 0.2 | 12.2 | 15.2 | | | | | | | | | | | | | | | | | **EV25-GN03** | Gemini North | | 6.50 | 237.40 | 230.90 | 0.28 | 0.013 | 0.012 | 0.25 | 5.91 | 0.8 | 14.8 | 27.1 | | | | incl. | 89.60 | 219.00 | 129.40 | 0.34 | 0.020 | 0.013 | 0.36 | 5.67 | 1.3 | 21.0 | 39.3 | | | | incl. | 89.60 | 145.50 | 55.90 | 0.40 | 0.028 | 0.014 | 0.48 | 5.92 | 2.0 | 30.0 | 62.2 | | | | | | | | | | | | | | | | | **EV25-GN04** | Gemini North | | 16.50 | 241.00 | 224.50 | 0.24 | 0.005 | 0.010 | 0.29 | 5.65 | 0.6 | 10.5 | 12.9 | | | | incl. | 64.50 | 73.50 | 9.00 | 0.34 | 0.011 | 0.012 | 0.20 | 5.43 | 0.2 | 18.5 | 31.0 | | | | incl. | 96.00 | 103.50 | 7.50 | 0.34 | 0.021 | 0.015 | 1.64 | 7.13 | 0.2 | 19.1 | 32.0 | | | | incl. | 205.50 | 213.00 | 7.50 | 0.32 | 0.005 | 0.014 | 0.12 | 5.10 | 1.0 | 13.0 | 17.4 | | | | | | | | | | | | | | | | | **EV25-GN05** | Gemini North | | 31.50 | 293.30 | 261.80 | 0.27 | 0.006 | 0.011 | 0.33 | 5.57 | 2.8 | 12.5 | 21.1 | | | | incl. | 108.00 | 213.00 | 105.00 | 0.31 | 0.012 | 0.011 | 0.65 | 6.01 | 0.6 | 19.8 | 35.9 | | | | incl. | 133.20 | 187.50 | 54.30 | 0.35 | 0.017 | 0.013 | 0.87 | 6.27 | 0.8 | 23.4 | 45.1 | | | | incl. | 152.80 | 153.00 | 0.20 | 3.85 | 0.236 | 0.102 | 13.30 | 23.70 | 34.0 | 109.0 | 473.0 | | | | | | | | | | | | | | | | | **EV25-GN06** | Gemini North | | 17.20 | 300.00 | 282.80 | 0.32 | 0.014 | 0.012 | 0.46 | 5.87 | 1.1 | 16.6 | 31.4 | | | | incl. | 75.00 | 82.50 | 7.50 | 0.40 | 0.012 | 0.015 | 0.18 | 7.02 | 3.2 | 25.4 | 38.8 | | | | incl. | 95.50 | 282.00 | 186.50 | 0.36 | 0.017 | 0.013 | 0.66 | 6.00 | 1.4 | 19.6 | 38.1 | | | | incl. | 165.30 | 165.60 | 0.30 | 1.07 | 0.023 | 0.032 | 3.21 | 7.33 | 7.0 | 60.0 | 124.0 | | | | incl. | 165.00 | 173.30 | 8.30 | 0.42 | 0.022 | 0.014 | 1.22 | 6.06 | 0.6 | 23.8 | 44.0 | | | | incl. | 237.00 | 268.00 | 31.00 | 0.44 | 0.020 | 0.014 | 0.75 | 5.76 | 0.8 | 23.7 | 51.3 | | | | incl. | 241.50 | 250.50 | 9.00 | 0.51 | 0.015 | 0.013 | 0.91 | 5.49 | 0.5 | 23.5 | 54.0 | | | | | | | | | | | | | | | | | **EV25-GN07** | Gemini North | | 10.50 | 300.00 | 289.50 | 0.27 | 0.004 | 0.011 | 0.09 | 5.66 | 3.1 | 8.6 | 15.2 | | | | incl. | 120.00 | 129.00 | 9.00 | 0.37 | 0.017 | 0.012 | 0.22 | 5.92 | 1.0 | 24.2 | 46.5 | | | | incl. | 152.70 | 255.35 | 102.65 | 0.30 | 0.006 | 0.011 | 0.12 | 5.76 | 0.6 | 15.1 | 27.4 | | | | | | | | | | | | | | | | | **EV25-GN08** | Gemini North | | 69.00 | 253.00 | 184.00 | 0.25 | 0.008 | 0.011 | 0.33 | 5.57 | 1.1 | 11.3 | 19.4 | | | | incl. | 78.40 | 150.20 | 71.80 | 0.28 | 0.014 | 0.011 | 0.32 | 5.57 | 1.8 | 19.6 | 37.6 | | | | incl. | 172.50 | 189.20 | 16.70 | 0.29 | 0.015 | 0.015 | 0.67 | 6.51 | 0.2 | 12.1 | 16.2 | | | | incl. | 144.20 | 144.60 | 0.40 | 1.71 | 0.155 | 0.048 | 15.20 | 19.00 | 13.0 | 159.0 | 286.0 | | | | | | | | | | | | | | | | | **EV25-GN09** | Gemini North | | 12.00 | 205.50 | 193.50 | 0.24 | 0.004 | 0.010 | 0.30 | 5.73 | 0.4 | 9.0 | 13.9 | | | | incl. | 33.00 | 63.00 | 30.00 | 0.30 | 0.009 | 0.012 | 0.87 | 6.16 | 0.6 | 20.8 | 36.6 | | | | incl. | 71.00 | 78.00 | 7.00 | 0.38 | 0.007 | 0.009 | 0.92 | 5.49 | 0.6 | 10.4 | 14.2 | | | | incl. | 181.00 | 193.50 | 12.50 | 0.37 | 0.004 | 0.015 | 0.22 | 6.52 | 1.8 | 9.2 | 12.6 | | | | | | | | | | | | | | | | | **EV25-GN10** | Gemini North | | 8.00 | 193.70 | 185.70 | 0.26 | 0.005 | 0.011 | 0.30 | 5.54 | 0.9 | 10.9 | 17.3 | | | | incl. | 34.50 | 43.50 | 9.00 | 0.42 | 0.029 | 0.014 | 0.39 | 5.89 | 3.5 | 10.1 | 20.0 | | | | incl. | 66.00 | 75.00 | 9.00 | 0.39 | 0.011 | 0.013 | 1.00 | 5.51 | 0.5 | 29.5 | 40.8 | | | | incl. | 66.00 | 69.00 | 3.00 | 0.53 | 0.015 | 0.013 | 0.98 | 5.65 | 1.1 | 39.0 | 55.5 | | | | incl. | 94.50 | 99.00 | 4.50 | 0.38 | 0.005 | 0.010 | 0.45 | 5.22 | 0.2 | 15.8 | 21.3 | | | | | | | | | | | | | | | | | **EV25-GN11** | Gemini North | | 7.00 | 231.00 | 224.00 | 0.27 | 0.006 | 0.011 | 0.17 | 5.61 | 0.9 | 10.2 | 14.0 | | | | incl. | 82.50 | 145.50 | 63.00 | 0.34 | 0.008 | 0.012 | 0.28 | 5.73 | 0.8 | 17.1 | 22.8 | | | | incl. | 111.00 | 121.50 | 10.50 | 0.40 | 0.007 | 0.013 | 0.37 | 5.94 | 0.9 | 22.0 | 32.1 | | | | incl. | 135.00 | 145.50 | 10.50 | 0.49 | 0.014 | 0.016 | 0.44 | 5.88 | 2.4 | 36.5 | 36.7 | | | | incl. | 187.50 | 196.50 | 9.00 | 0.36 | 0.003 | 0.012 | 0.23 | 5.25 | 0.2 | 6.6 | 8.7 | | | | | | | | | | | | | | | | | **EV25-GN12** | Gemini North | | 21.00 | 222.00 | 201.00 | 0.22 | 0.004 | 0.010 | 0.47 | 6.66 | 0.2 | 8.6 | 12.2 | | | | | 23.00 | 36.00 | 13.00 | 0.34 | 0.012 | 0.012 | 0.36 | 5.79 | 0.2 | 20.7 | 29.8 | | | | | 27.00 | 28.50 | 1.50 | 0.65 | 0.017 | 0.020 | 0.65 | 7.16 | 0.2 | 52.0 | 83.0 | | | | | | | | | | | | | | | | | **EV25-GN13** | Gemini North | | 17.00 | 300.00 | 283.00 | 0.19 | 0.001 | 0.008 | 0.03 | 4.97 | 9.6 | 3.5 | 4.3 | | incl. | 41.00 | 134.00 | 93.00 | 0.22 | 0.002 | 0.009 | 0.04 | 5.40 | 27.6 | 4.1 | 4.9 | | incl. | 95.00 | 105.50 | 10.50 | 0.26 | 0.008 | 0.010 | 0.16 | 6.42 | 1.7 | 11.9 | 18.9 | | | | | | | | | | | | | | | | | **EV25-GN14** | Gemini North | | 21.00 | 96.00 | 75.00 | 0.25 | 0.004 | 0.011 | 0.02 | 5.95 | 0.2 | 8.7 | 12.9 | | incl. | 30.00 | 72.00 | 42.00 | 0.29 | 0.006 | 0.012 | 0.03 | 5.98 | 0.3 | 13.1 | 22.3 | | incl. | 55.50 | 67.50 | 12.00 | 0.36 | 0.016 | 0.012 | 0.06 | 6.01 | 0.4 | 36.9 | 70.5 | | | | | | | | | | | | | | | | | **EV25-GN15** | Gemini North | | 2.30 | 171.50 | 169.20 | 0.24 | 0.002 | 0.011 | 0.02 | 5.79 | 4.4 | 7.1 | 11.9 | | incl. | 102.50 | 105.50 | 3.00 | 0.44 | 0.009 | 0.015 | 0.11 | 5.94 | 3.6 | 51.0 | 89.5 | | incl. | 116.00 | 119.00 | 3.00 | 0.32 | 0.001 | 0.013 | 0.01 | 5.70 | 0.2 | 18.5 | 28.5 | | | | | | | | | | | | | | | | | **EV25-GN16** | Gemini North | | 10.63 | 48.35 | 37.72 | 0.23 | 0.001 | 0.012 | 0.01 | 5.69 | 13.8 | 10.8 | 16.4 | | incl. | 18.00 | 24.00 | 6.00 | 0.30 | 0.001 | 0.012 | 0.01 | 5.73 | 1.6 | 19.0 | 26.3 | | | | | | | | | | | | | | | | | **EV25-GN17** | Gemini North | | 22.34 | 50.50 | 28.16 | 0.22 | 0.001 | 0.010 | 0.01 | 5.42 | 4.0 | 1.0 | 1.7 | | | 129.00 | 175.50 | 46.50 | 0.20 | 0.001 | 0.009 | 0.10 | 5.34 | 5.4 | 3.1 | 3.5 | | | | | | | | | | | | | | | | | **EV25-GN18** | Gemini North | | 7.00 | 300.00 | 293.00 | 0.24 | 0.001 | 0.009 | 0.08 | 4.06 | 1.3 | 0.7 | 1.1 | | | | | | | | | | | | | | | | | **EV25-GN19** | Gemini North | | 26.58 | 162.00 | 135.42 | 0.21 | 0.001 | 0.008 | 0.03 | 4.46 | 0.6 | 1.9 | 1.2 | | and | 249.00 | 300.00 | 51.00 | 0.22 | 0.001 | 0.008 | 0.02 | 3.83 | 5.5 | 1.7 | 2.2 | | | | | | | | | | | | | | | | | **EV25-GN20** | Gemini North | | 229.93 | 300.00 | 70.07 | 0.24 | 0.001 | 0.008 | 0.04 | 3.57 | 78.4 | 1.0 | 0.5 | | incl. | 274.50 | 297.00 | 22.50 | 0.26 | 0.001 | 0.008 | 0.01 | 3.64 | 196.1 | 1.8 | 0.5 | | | | | | | | | | | | | | | | | **EV25-GN21** | Gemini North | | 12.25 | 240.00 | 227.75 | 0.23 | 0.001 | 0.009 | 0.02 | 4.34 | 22.8 | 2.0 | 2.3 | | | | | | | | | | | | | | | | | **EV25-GN22** | Gemini North | | 109.00 | 178.35 | 69.35 | 0.23 | 0.005 | 0.010 | 0.16 | 6.30 | 1.1 | 6.9 | 12.1 | | incl. | 171.00 | 177.00 | 6.00 | 0.37 | 0.035 | 0.015 | 0.25 | 6.19 | 2.8 | 23.5 | 57.3 | | | | | | | | | | | | | | | | | 1) Drill Intercepts represent drill widths only; true widths are unknown and have not been calculated | | | | | | | | | | | | | | | 2) Nickel (Ni), Copper (Cu), Cobalt (Co), Iron (Fe) and Sulphur (S) by sodium peroxide fusion with an ICP finish | | | | | | | | | | | | | | | 3) Platinum (Pt), Palladium (Pd) and Gold (Au) by fire assay and ICP-AES finish | | | | | | | | | | | | | | **Core Handling and Assay-QA/QC Procedures** NQ-sized drill core from the Phase 2 Diamond Drill Hole Program, part of the Shaw Dome Project, was sawn in half at the Company's core logging facility located near the Project site. One half of the core was retained for reference, and the remaining half was bagged and transported to Activation Laboratories Limited ("Actlabs") in Timmins, Ontario, for sample preparation and analysis. Certified reference materials and blanks were inserted into the sample stream by the Company as part of its quality assurance and quality control ("QA/QC") program; no QA/QC issues were noted by the Company or its consultants. At Actlabs, samples were crushed to 80% passing 2 mm, with a riffle split pulverized to 95% passing 105 microns. Nickel, copper, cobalt, iron, and sulphur were analyzed by Sodium Peroxide Fusion with an ICP-OES finish. Gold, platinum, and palladium were analyzed by Fire Assay with an ICP-OES finish. Assay results may vary from time to time due to re-analysis conducted as part of ongoing QA/QC procedures. **About EV Nickel Inc.** 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, 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 on-shore the full vertical integration of electric batteries and vehicles. EV Nickel aims to play an integral part of the North American on-shoring initiative as the Company's clean, low carbon deposits can be an important source of supply to support the Inflation Reduction Act (IRA) and Ontario and Federal policies and initiatives which strive to bring clean critical mineral production from Canada into the North American supply chain and globally. In further support of this initiative, the Company has and will continue to partner with environmentally responsible and ethical organizations from around the province and around the world to assist in developing these essential critical minerals. EV Nickel is also eager to collaborate with all stakeholders and leading sustainable engineering, mining, automotive and battery companies to provide this key input to support global decarbonization initiatives. The governments of Ontario and Canada are also providing significant legislative, policy and financial support to help ensure that the Timmins region becomes a leading participant in the developing North American supply chain for the clean energy transition. **Qualified Person** The independent Qualified Person for the Mineral Resource Estimate, as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), is Dr. Scott Jobin-Bevans (P.Geo., PGO #0183) of Caracle Creek International Consulting Inc. The Company's Projects are under the direct technical supervision of Paul Davis, P.Geo., and Vice-President of the Company. Mr. Davis is a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical information in this press release. There are no known factors that could materially affect the reliability of the information verified by Mr. Davis. **Cautionary Note Regarding Forward-Looking Statements:** This press release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipate", "proposed", "estimates", "would", "expects", "intends", "plans", "may", "will", and similar expressions. Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Although EVNi believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, changes in business plans and strategies, market conditions, share price, best use of available cash, the ability of the Company to raise sufficient capital to fund its obligations under various contractual arrangements, to maintain its mineral tenures and concessions in good standing, and to explore and develop its projects and for general working capital purposes, changes in economic conditions or financial markets, the inherent hazards associated with mineral exploration, future prices of metals and other commodities, environmental challenges and risks, the Company's ability to obtain the necessary permits and consents required to explore, drill and develop its projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company's plans and business objectives, changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with such laws and regulations, dependence on key management personnel, and general competition in the mining industry. These risks, as well as others, could cause actual results and events to vary significantly. The forward-looking information in this press release reflects the current expectations, assumptions and/or beliefs of EVNi based on information currently available to the Company. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or expressly qualified by this cautionary statement. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the " U.S. Securities Act "), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. persons," as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. **Contact Information** For further information, visit www.evnickel.com Or contact: Sean Samson, President & CEO at _info@evnickel.com_. EV Nickel Inc. 200 - 150 King St. W, Toronto, ON M5H 1J9 www.evnickel.com _Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release._ **SOURCE: **EV Nickel Inc. View the original press release on ACCESS Newswire Terms and Privacy Policy Privacy Dashboard More Info
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