Canada Nickel isn’t the only junior in the Timmins region with a billion-dollar plus net present value any more. Another explorer has entered the fray in an attempt to bolster Canada’s production of nickel.
And while they may not have the backing of Agnico Eagle or Samsung like Canada Nickel, they bill themselves as a “free agent,” ripe for investment from a major. And lucky for them, majors appear to like explorers. On top of Canada Nickel recently locking up two majors, FPX Nickel has also recently locked up Sumitomo Metals and Outokumpu, while Talon Metals has secured deals from both Rio Tinto and Tesla.
And with an updated PEA now in hand, this fresh explorer just might be finally setting themselves up for such a scenario.
The explorer we’re referring to here is EV Nickel (TSXV: EVNI), a Toronto-based exploreco currently focused on developing their Carlang A nickel deposit, which is found 30 kilometres to the southeast of Timmins, Ontario. The project, part of the larger Shaw Dome Project, is one of two key deposits found on the property.
Lets dive in.
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