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EV Nickel, Inc. ( (TSE:EVNI) ) has provided an update.
EV Nickel Inc. has announced positive preliminary metallurgical results from its Gemini North Nickel Zone, with a robust nickel recovery rate of 69.7% using a standardized flow sheet. The results suggest significant potential for nickel mineralization, akin to the Mt. Keith Mine in Australia, and indicate that further optimization of the flow sheet could enhance recovery and concentrate grades, potentially impacting the company’s operational and market positioning.
More about EV Nickel, Inc.
EV Nickel Inc. operates in the mining industry, focusing on the exploration and development of nickel resources. The company is engaged in projects like the Gemini North Nickel Zone within the Shaw Dome Project, located in Ontario, Canada.
YTD Price Performance: -18.42%
Average Trading Volume: 293,347
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$29.86M
Learn more about EVNI stock on TipRanks’ Stock Analysis page.