- Business
- EV Nickel Inc. (TSX-V: EVNI) is a Canadian nickel exploration company focused on the acquisition, evaluation, exploration, and development of mineral properties containing clean nickel from Tier 1 jurisdictions, primarily targeting the electric vehicle battery, stainless steel, and defense sectors in North America. Incorporated in 2021 and headquartered at 150 King Street West in Toronto, Ontario, the company operates the Shaw Dome project encompassing approximately 21,000 hectares south of Timmins, Ontario, including the large-scale CarLang nickel zone with recent intersections such as 298.7 meters grading 0.27% nickel and precious metals assays from hole EV24-CAR08; the Langmuir project comprising 158-212 claims featuring high-grade zones like W4 (historical estimate of 677,000 tonnes at 1.00% Ni), Langmuir South, and Langmuir #2 with recent drilling results including 18.5 meters at 1.07% Ni in EV24-L04; and additional targets like Gemini North where 2025 surface sampling identified up to 0.64% nickel. EV Nickel emphasizes low-carbon Clean Nickel strategies, including ongoing R&D in bioleaching, carbon capture, and MET testing, supported by surface water baseline monitoring on the Langmuir W4 zone and exploration permits pending for Langmuir #2 diamond drilling. Recent developments include the October 2025 acquisition of unpatented mining claim #964338 over high-grade Langmuir South and #2 zones, enhancing Langmuir #2 project advancement; a 2025 surface sampling program expanding nickel mineralization identification; significant warrant exercises generating C$328,882 for over 48 months of operational funding; and pro-rata participation by strategic investors in a March 2024 private placement upsizing. The company maintains over 30,000 hectares across Shaw Dome for further exploration along more than 100 km of favorable strike length, positioning it within Timmins' emerging critical minerals hub aligned with North American supply chain onshoring initiatives under policies like the Inflation Reduction Act.