An update from EV Nickel, Inc. ( (TSE:EVNI) ) is now available.
EV Nickel Inc. has been granted a 21-year Mining Lease for its W4 Nickel Deposit, a significant milestone for the Shaw Dome Project. This lease, covering 162 hectares, is crucial for potential nickel extraction and demonstrates the company’s commitment to advancing its operations. The company is also focusing on the Gemini North Zone, planning extensive diamond drilling to explore the nickel sulphide zone discovered in 2024, which could enhance its industry positioning and offer new opportunities for stakeholders.
More about EV Nickel, Inc.
EV Nickel Inc. operates in the mining industry, focusing on the exploration and development of nickel deposits. The company is primarily engaged in advancing its Shaw Dome Project, which includes the W4 Nickel Deposit located near Timmins, Ontario.
YTD Price Performance: -34.21%
Average Trading Volume: 289,525
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$24.05M
See more insights into EVNI stock on TipRanks’ Stock Analysis page.