EV Nickel and Pure North Form High-Grade Nickel Joint Venture

EV Nickel Inc. has signed a Letter of Intent to form a high-grade nickel joint venture with Pure North Resources Inc. This collaboration focuses on exploring and developing nickel assets in the Shaw Dome district in Ontario. EV Nickel will contribute the W4 deposit and the Langmuir #2 Project, while Pure North will bring the Hart Deposit and the Redstone and McWatters Nickel Mines.

The joint venture holds potential to uncover additional nickel mineralization, aiming to define between 6 to 10 million tonnes of mineralization at 1.0-2.0% nickel. EV Nickel retains 100% of its larger-scale projects such as CarLang A and Gemini North deposits.

EV Nickel holds a 40% stake in the venture, which consolidates major assets for strategic development and enhanced shareholder value. This agreement aligns with EV Nickel's aim to become a leading figure in clean critical mineral supply for North America's battery and steel markets.