EV Nickel Reports Results of 2025 Diamond Drill Hole Program - Extension of Nickel Mineralization on Gemini North

Core Insights - EV Nickel Inc. has announced assay results from 15 diamond drill holes at the Shaw Dome Project, confirming significant nickel mineralization in the Gemini North and CarLang C zones [1][2][3] Group 1: Assay Results - All 15 drill holes intersected nickel mineralization, with 14 holes showing mineralization associated with dunite and peridotite host rocks [2] - The Gemini North Zone is approximately 1,000 metres by 500 metres, located at the northeastern end of the CarLang Trend [2] - The Phase 2 program extended nickel mineralization approximately 300 to 350 metres west of previous results, increasing the interpreted strike length to about 750 metres [5] Group 2: Mineral Resource Estimate - A preliminary mineral resource estimate for the Gemini North Zone is anticipated for release in Q1 2026, based on results from both Phase 1 and Phase 2 drilling [5][7] - Preliminary metallurgical tests indicate that the nickel mineralization at Gemini North has improved recovery potential due to better response to sulphide flotation [3] Group 3: Significant Intercepts - Significant intercepts include 0.36% Ni over 12.00m and 0.44% Ni over 3.0m from the Gemini North Zone, and 114.0m grading 0.27% Ni from the CarLang C Area [7][9] - Elevated sulphur content was found in four holes, indicating the potential for continuous higher-grade, sulphide-bearing peridotite and dunite units across the zones [6][10] Group 4: Company Strategy and Positioning - The company aims to leverage increasing nickel prices and is positioned to support North American supply chains for clean critical minerals [3][17] - EV Nickel is committed to environmentally responsible practices and partnerships to develop essential critical minerals [18]