EV Minerals CEO Nick Konkin joined Steve Darling from Proactive to share exciting news about the exploration company that recently went public in June, trading on the Canadian Securities Exchange under the ticker EVM. EV Minerals is primarily focused on exploration activities in Quebec, specifically within the Saguenay Mining District, with a particular emphasis on nickel.
Konkin informed Proactive about the company's current focus, which is the EV nickel project, encompassing the nickel-copper-cobalt McNickel deposit. The project consists of 32 mineral claims covering approximately 1,792 hectares and holds a historical resource estimate of 5.585 million tonnes with grades of 0.21% Ni, 0.11% Cu, and 0.03% Co. It is important to note that the resource estimate was conducted prior to the implementation of the requirements of National Instrument 43-101, so further work is needed to update it. EV Minerals anticipates announcing a drill program in the coming months and plans to start drilling in late summer, subject to fire-related challenges in Quebec.
The McNickel deposit was initially discovered in 1987, with a major drilling program completed in 1989. EV Minerals is now focused on advancing the project through a robust exploration plan. This summer, the company will be conducting extensive exploration activities to further assess and expand the potential of the project.
As a newly public exploration company, EV Minerals is poised for growth and success in the dynamic mining sector. The company's dedication to exploration and development, particularly in the Quebec region, demonstrates its commitment to unlocking the potential of its assets and contributing to the global supply of critical minerals like nickel.