Nickel

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  • Six High Priority Targets were identified across the Langmuir Project through last year's Geophysics review
  • The W4 Zone represents one of the six, and the focus of the very successful Phase 1 program
  • Phase 2 now launched, working through the other High Priority Targets
  • First Nations-owned Missinaibi Drilling Services are contracted for a minimum of 10,000 metres

TORONTO, ON / ACCESSWIRE / January 17, 2022 / EV Nickel Inc. (TSX-V:EVNI) ("EVNi" or the "Company") is excited to announce the launch of its Phase 2 drilling program, building from the success of the Phase 1 program on the Langmuir Nickel Project ("Langmuir" or the "Project"). EVNi has contracted Missinaibi Drilling Services Inc. ("MDS" or the "Drillers") to complete the program over the coming months.


"2022 will be an exciting year for us to learn more about the Langmuir property and the Shaw Dome mineralization more broadly. Phase 1 was a great success, confirming the W4 mineralization trend extends laterally both to the east and west with upside potential remaining at depth. Nowwe will begin to test the potential of Langmuir beyond the W4 Zone," said Sean Samson, President & CEO of EVNi.

"The Phase 1 drill program confirmed that the Langmuir Project has the potential for high grade, near surface nickel sulphide mineralization as observed at W4 and now we're excited to gain a better understanding of the potential mineralization across our extensive land package," said Paul Davis, EVNi's Vice President of Exploration.

Last year EVNi worked with Condor Consulting Inc., of Lakewood, Colorado ("Condor") and analyzed the historic geophysical data from the Langmuir Project (the "2021 Condor Geophysics Report", for further detail see "Developing the Drilling Strategy" from the Company's December 13, 2021 News Release). Condor identified 16 electromagnetic ("EM") conductor trends across the 9,100 hectare Langmuir land package and developed 6 High Priority Targets ("HPTs", see Figure 1). Langmuir's existing W4 Zone represents one of the HPTs and had been the target of a majority of Langmuir drilling to date, including EVNi's Phase 1 Program.


The Phase 2 Diamond Drill Program began in early January 2022 and will test additional HPTs with approximately 10,000 metres of diamond drilling. Drilling begins on the TZ-3 target, an attractive anomaly located approximately 8.5 km west of the W4 Zone located within an interpreted favourable geological environment with an untested EM conductor, highlighted by Condor. Three holes have been proposed to test this target with up to an additional 6 holes contingent on the success of the exploration drilling.

After completion of the exploration work around the TZ-3 target, the exploration program will shift back towards the W4 Zone to complete drilling for an associated metallurgical study, testing the favourable stratigraphic horizon to the east of the W4 Zone and testing the down plunge potential of the W4 mineralization. In addition to follow-up work on W4, Phase 2 will explore further east, to the W2, another HPT identified by Condor.

Assay QA/QC

Drill core samples from EVNi drilling at the Langmuir Project are cut and bagged at the core logging facility located near the Langmuir Project and transported to ALS Canada Ltd for analysis. Samples, along with certified standards and blanks, that are included by the Company for quality assurance and quality control, were prepared and analyzed at the laboratory. Samples are crushed to 70% less than 2mm. A riffle split is pulverized to 85% passing 75 microns. Nickel, copper, cobalt and sulphur are analyzed by sodium peroxide fusion with an ICP finish and platinum, palladium and gold by fire assay and ICP-AES finish. These and future assay results may vary from time to time due to re-analysis for quality assurance and quality control.

About EV Nickel Inc.

EV Nickel's mission is to accelerate the transition to clean energy. It is a Canadian nickel exploration company, focussed on the Shaw Dome area, south of Timmins, Ontario. The Shaw Dome area is home to its Langmuir Project which includes W4, the basis of a 2010 historical estimate of 677K tonnes @ 1.00% Ni, ~15M lbs of Class 1 Nickel. EV Nickel plans to grow and advance a nickel business, targeting the growing demand for Class 1 Nickel, from the electric vehicle battery sector. EV Nickel has almost 9,100 hectares to explore across the Shaw Dome and has identified 30km of additional favourable strike length.

Qualified Person

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 the Langmuir Project's 2010 historical estimate:

Historical mineral resources for Langmuir were estimated by SRK Consulting (Canada) Inc., as documented in a report entitled, "Golden Chalice Resources Inc., Mineral Resource Evaluation, Langmuir W4 Project, Ontario, Canada", dated June 28, 2010 (the "Historical Report"). A qualified person, as defined by NI 43-101, has not done sufficient work to verify the historical assay results and technical information reported herein. The Company is not treating the Historical Report as current. The reader is cautioned not to rely upon any of the Historical Report, or the estimates therein. The historical estimates are presented herein as geological information only, as a guide to follow-up technical work, and for targeting of confirmation and exploration drilling.

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 "proposed", "expects", "intends", "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 EV Nickel 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, the Company's ability to obtain required shareholder or regulatory approvals, dependence on key management personnel, natural disasters and global pandemics, including COVID-19 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 EV Nickel 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.

Contact Information

For further information, visit www.evnickel.com

Or contact: Sean Samson, Chief Executive Officer 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.

Click here to connect with EV Nickel (TSXV:EVNI) to receive an Investor Presentation

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EV Nickel Announces Closing Previously Announced Acquisition of Extensive Land Package Near Langmuir

EV Nickel Announces Closing Previously Announced Acquisition of Extensive Land Package Near Langmuir

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to announce that it has now closed its previously announced acquisition of properties (the "Acquisition") within and to the south of the Shaw Dome, spread across 12 townships (the "Acquisition Package" or the "Shaw Dome Acquisition Properties") incorporating 1,088 staked mining claims over almost 21,000 hectares of prospective land

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EV Nickel announces continued High-Grade Nickel Intersections from Langmuir, completing the Phase 1 Drilling

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

  • The second half of the Phase 1 drill program on the Langmuir Nickel Project included:
    • EV21-09 intersects 15.7 metres grading 1.14% Ni on eastern margin of W4
    • EV21-01 intersection extended to 19.5 metres grading 0.96% Ni
  • These results now confirm nickel sulphide mineralization to the east and west of the W4 Zone
  • Phase 2 drilling starts now, on additional high priority targets, full details of the plan to be released next week

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to report the assay results for the full Phase 1 drill program on the Langmuir Nickel Project ("Langmuir" or the "Property"). Building off of the first half results shared in December (see December 8, 2021 News Release), Rogue continues to identify high-grade mineralization along trend of the W4 Zone

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EV Nickel Announces High-Grade Nickel Intersections From Langmuir Project

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES

  • Extremely high-grade nickel associated with W4 Zone including 8.66% Ni over 1.11 metres in hole EV21-01
  • Very high nickel tenors ranging from 18% to >40% Ni (estimated content of nickel in 100% sulphide) associated with the W4 Zone anticipated to be reflected in concentrate grades when metallurgical testing is initiated
  • Drilling has intersected the mineralized ultramafic unit to the west of the defined boundary of the W4 zone

EV Nickel Inc. (TSXV:EVNI) ("EVNi" or the "Company") is pleased to announce that exploration drilling on the Langmuir Nickel Project ("Langmuir" of the "Property") from the inaugural drill program with significant intersections from within and along the eastern and western boundaries of the W4 Nickel Zone

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Centaurus Metals

Jaguar Resource Definition Drilling Delivers Outstanding New Results of up to 46.0m at 2.17% Nickel

Successful in-fill drilling continues to de-risk the Project by increasing confidence in the shallow open pit mineralisation that will underpin early payback of the planned mining operation


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Talon Metals Reports Results for the Quarter Ended March 31, 2022

Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended March 31, 2022 of $1.2 million or nil per share (basic and diluted), which was primarily the result of administration expenses and stock option compensation. This compares to a net loss for the three months ended March 31, 2021 of $0.8 million or nil per share (basic and diluted), which was primarily the result of administration expenses.

Capitalized exploration costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended March 31, 2022 amounted to $16.2 million. This compares to $6.4 million for the three months ended March 31, 2021. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to March 31, 2022 amounts to $113.3 million.

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Canada Nickel Takes Important Step in Crawford Nickel Project Permitting Process

Canada Nickel Takes Important Step in Crawford Nickel Project Permitting Process

Canada Nickel Company Inc. ("Canada Nickel" or the "Company ") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce submission of the preliminary draft of the Initial Project Description ("IPD") to the Impact Assessment Agency of Canada ("the Agency") following the related signing of ground-breaking Impact Assessment Process Agreements ("Impact Assessment Agreements" or "IA Agreements") with Taykwa Tagamou Nation, Matachewan First Nation, and Mattagami First Nation.

Canada Nickel Logo (CNW Group/Canada Nickel Company Inc.)

Mark Selby , Chair & CEO of Canada Nickel said, "This is an important first step in the permitting process for Crawford. Since the founding of the Company, our approach has been to work with Indigenous communities and local stakeholders as partners in order to create shared value through economic opportunities, while also being respectful and responsible stewards of the natural environment. These ground-breaking Impact Assessment Agreements foster full participation of Indigenous Communities in the federal Impact Assessment process for the development of the Crawford Nickel Project."

"Taykwa Tagamou Nation is proud of the partnership we have with Canada Nickel. This innovative model of applying Traditional Knowledge through a land use study enables our community to both understand the project's impacts through all stages of its life cycle, while ensuring that, as the stewards of our Traditional Territory, development is conducted in an environmentally sustainable manner", said Chief Bruce Archibald .

"True Indigenous partnerships, such as ours with Canada Nickel, provide certainty for proponents, along with economic opportunity for Northern Ontario and impacted Indigenous communities," said Deputy Chief Derek Archibald . "With this certainty, Taykwa Tagamou Nation is meaningfully participating in the project's economic development from beginning to end".

Chief Chad Boissoneau , of Mattagami First Nation, commented "Agreements of this nature, built upon honest and genuine relationships, benefit both the First Nation and the Proponent. First Nations can fully participate in the Impact Assessment of a major project on our Traditional Land, while supporting Canada Nickel in making properly informed, sustainable, and respectful decisions about a project that stands to be of great benefit to our community."

An Important Step for the Crawford Nickel Project

The submission of the preliminary draft of the IPD to the Agency initiates a precursory review period of the document. This review period, coinciding with Canada Nickel's independent Indigenous and public consultation program for the IPD, will enable Canada Nickel to integrate feedback from both the Agency's review and Canada Nickel's engagement activities into the final draft of the IPD, expected to be formally submitted in summer 2022.

The Impact Assessment process is a planning and decision-making tool used by regulators, Indigenous communities, the general public, stakeholders, and proponents to emphasize the positive benefits and resolve or mitigate the potential impacts of a proposed major project. The IPD is a key phase in the early planning and development of a modern mining project.

Impact Assessment Process Agreements

The signing and implementation of the IA Agreements further validates the meaningful and productive relationships developed between Canada Nickel and Taykwa Tagamou Nation, Matachewan First Nation, and Mattagami First Nation, and serves as tangible evidence of Canada Nickel's intention around full integration of Indigenous communities into the development of the Crawford Nickel Project.

The IA Agreements are intended to foster full participation of Indigenous communities in the federal Impact Assessment process, with a focus on community driven completion of Traditional Knowledge and Land Use and Socio-economic studies. In addition to outlining effective communication channels and platforms for meaningful engagement, the IA Agreements facilitate tangible capacity building within the communities that will extend beyond the timeline of and activities relating to the Crawford Project and Canada Nickel, including the hiring and training of a dedicated Impact Assessment Coordinator and the creation of an Impact Assessment Coordination Committee, comprised of representative, interested community members, including youth and elders.

Canada Nickel Company Inc. is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless-steel markets. Canada Nickel Company has successfully registered and applied for trademarks in various jurisdictions for NetZero Nickel™, NetZero Cobalt™ and NetZero Iron™ and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins - Cochrane mining camp. For more information, please visit www.canadanickel.com .

For further information, please contact:

Mark Selby , Chair and CEO
Phone: 647-256-1954
Email: info@canadanickel.com

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill results relating to the Crawford Nickel Sulphide Property, the potential of the Crawford Nickel Sulphide Property, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/canada-nickel-takes-important-step-in-crawford-nickel-project-permitting-process-301545660.html

SOURCE Canada Nickel Company Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/12/c4551.html

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NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF $2.7 MILLION PRIVATE PLACEMENT

NICKEL CREEK PLATINUM ANNOUNCES CLOSING OF $2.7 MILLION PRIVATE PLACEMENT

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES /

Nickel Creek Platinum Corp. (TSX: NCP) (" Nickel Creek " or the " Company ") is pleased to announce that it has closed its previously announced private placement (the " Private Placement ") pursuant to which the Company is issuing a total of 3,197,060 units (" Units ") for gross proceeds of approximately $0.3 million and 25,539,500 "flow-through" units (" FT Units ") for gross proceeds to the Company of $2.4 million for total gross proceeds of approximately $2.7 million . All dollars are denominated in Canadian dollars.

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Horizonte Minerals PLC Announces Earthworks Contract Award at Araguaia

Horizonte Minerals Plc (AIM:HZM)(TSX:HZM), the nickel development company focused in Brazil, is pleased to announce that it has awarded the earthworks contract for the construction of its 100%-owned Araguaia ferronickel project ("Araguaia" or the "Project") to Copa Construção S.A. ("Copa

Copa is a leading Brazilian company with extensive experience in mining projects and civil infrastructure, ranging from roads, viaducts, hydroelectric power plants, ports, airports and transmission lines. Copa has a portfolio of more than 2.5 billion cubic meters of concrete installed throughout the country and has quality management certification.

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Canada Nickel Announces New Nickel Discovery at Reid with Larger Footprint than Flagship Crawford Property Main Zone; Provides Update on Regional Exploration

Canada Nickel Announces New Nickel Discovery at Reid with Larger Footprint than Flagship Crawford Property Main Zone; Provides Update on Regional Exploration

Highlights

  • Reid Property – second hole of new discovery intersected dunite across entire 354 metre core length including an 84 metre highly mineralized interval.
  • All 21 holes drilled at Deloro , Reaume, and Nesbitt properties intersected target mineralization.

Canada Nickel Company Inc. ("Canada Nickel" or the "Company ") (TSXV: CNC) (OTCQX: CNIKF) today announced a new nickel discovery at its Reid property, where two drill holes have been completed as part of its regional exploration program. Drilling has commenced at Reid, as well as the Company's Deloro and Reaume properties, and assays from earlier drilling at Nesbitt have been received.

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