EVNi Clean Nickel(TM) R&D- Carbon Capture Results Beat Expectations, Great Potential for Carbon Mineralization and Storage – Advancing to Pilot Plant Testing
EVNi Clean Nickel(TM) R&D- Carbon Capture Results Beat
Expectations, Great Potential for Carbon Mineralization and
Storage – Advancing to Pilot Plant Testing
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE
SERVICES
• CarLang A Zone material has demonstrated the potential to capture up to 40 kg CO2
per tonne of tailings
• This should more than offset the Project's carbon footprint- creating an additional
potential business line
• Brucite is the integral mineral for Carbon Capture and the CarLang Trend is brucite-
rich, sampling up to 6%
• Research now progresses to the next phase, planning to include with the Clean
Nickel™ Pilot Plant
• EV Nickel management will host a live digital event today at noon ET, to discuss the
Clean Nickel ™ R&D. The event will be at https://events.6ix.com/preview/ev-nickel-r-
and-d-update-advancing-to-pilot-plant
TORONTO, ON / ACCESSWIRE / October 4, 2023 / EV NICKEL INC. (TSXV:EVNI)
("EVNi" or the "Company") is pleased to announce the ongoing results of the Carbon
Mineralization and Storage research, on its Large-Scale CarLang A Zone, located in the Shaw
Dome Project, just outside Timmins, Ontario (see Figure 1).
Greenhouse gases such as CO2 trap heat, causing temperatures to rise. To avoid the worst effects
of climate change the world needs to decrease emissions and ideally remove CO2 that is already
in the atmosphere. Ultramafic rocks are well suited for this, as they contain minerals that are
highly reactive to CO2,. More specifically, brucite is the key mineral for "carbon mineralization"
to occur with the ultramafic rocks. In a future potential mining operation, CO2 could be absorbed
by the tailings and converted into a solid carbonate mineral, permanently and safely trapping and
storing CO2. In addition to mineralogy, the ultimate carbon mineralization capacity of mine
tailings is dependent on particle size, tailings management practices and the concentration of
CO2 in the source gases-passive vs enriched.
Building on the Preliminary Results (see news release dated April 20, 2023) EVNi has continued
to work with its technical partners Arca Climate Technologies, to quantify the total amount of
CO2 that can be captured and stored, including if the process was to use a CO2 -enriched input
gas.
"These are very promising results so far, representing what could be best-in-class carbon
mineralization, driven by our high brucite levels along the CarLang Trend," said Sean Samson,
President & CEO. "Our Company's Clean Nickel™ Strategy is about rethinking all of the steps
we take and with this workstream, if we can potentially create a new business- from our tailings-
this is exactly the type of innovation we are focused on."
Passive Analysis- Direct Air Capture testing
Ambient carbonation, using naturally occurring CO2 levels, referred to as direct air capture
("DAC"), in the atmosphere mimics natural processes but increases the exposure of the minerals
to the reactive CO2. Prior to testing, samples from the CarLang A Zone were assessed for their
total inorganic carbon ("TIC") content. This TIC was then tracked to determine the quantity of
CO2 sequestered by the sample through the test. The samples were homogenized and then
acidified, releasing the gaseous CO2 , that was measured using a photodetector. The experiment
was completed after 21 days and the amount of CO2 chemically bound was measured by
analyzing the TIC in the sample and then netting out the original content of TIC. The
measurement of chemically bound CO2 were roughly in agreement with the calculated brucite
content of each sample (see Figure 2). Selected samples d156202 and f465375 yielded TIC
increases of 8.3 and 6.7 kg CO2 per tonne of tailings.
Enriched Analysis- injecting a concentrated CO2 stream
Mineralization injection testing was completed with samples injected with 10% CO2 at a flow
rate of 80mL/minute. Samples weighing 0.5g were collected after 2 and 7 days during the week-
long experimental duration. TIC was analyzed on the material before exposure to CO2 and on
the intermediate and final samples to assess the amount of carbon mineralization over time.
The brucite-bearing samples increased dramatically in TIC within the first 48 hours, continuing
to capture CO2 over the remaining 5 days at a reduced rate. Results from the Enriched analysis
were consistent on a relative basis with the Passive experiments. It was demonstrated that brucite
reacts readily in atmospheric conditions, but reacts fully in higher CO2 conditions, in days versus
months (see Figure 3). At the end of 7 days, samples d156202 and f465375 had captured 40.4
and 38.3 kg CO2 per tonne of tailings.
It was concluded by Arca that regardless of the approach taken to achieve carbonation, tailings
from the Shaw Dome project have been shown to have significant carbon mineralization
potential in proportion to the mine's emissions. Based on the impressive results from the
CarLang samples with the Enriched Analysis, EVNi will develop a parallel workstream with the
technical Pilot Plant, to commercially explore sourcing high CO2 gas.
Brucite is integral and has been identified along the CarLang trend
Geologic sampling and QEM Scan analysis completed by XPS Expert Process Solutions of
Sudbury, Ontario in 2022 along the CarLang Trend has confirmed the presence of brucite within
the host komatiitic peridotite/dunites indicating that areas associated with the limited surface
sampling have similar potential to sequester CO2 as observed in the area of the CarLang A Zone.
It should be recognized that the nature of this research is experimental and continued successful
results are not a certainty.
About EV Nickel Inc.
EV Nickel's mission is to accelerate the transition to clean energy. It is a Canadian nickel
exploration company, focussed on the Shaw Dome Project, south of Timmins, Ontario. The
Shaw Dome includes the CarLang Area with more than 10 km of mineralization and where the
first 20% contains the A Zone - with a Resource which defined 1.25M Indicated and 1.16M
Inferred tonnes of Contained Nickel and the W4 Zone Deposit - the basis of a 2010 historical
estimate of 677K tonnes @ 1% Ni, ~15M lbs of Contained Nickel. EV Nickel plans to grow and
advance a Clean Nickel™ business, targeting the growing demand from the electric vehicle
battery sector. EV Nickel has over 30,000 hectares to explore across the Shaw Dome and has
identified >100 km of additional favourable cumulative strike length. The Company is focused
on a 2-track strategy: Track 1 - to produce High-Grade Clean Nickel ™ (starting with W4) and
Track 2- an integrated Carbon Capture & Storage project with Large-Scale Clean Nickel™
production (starting with CarLang).
The Company acknowledges the financial contributions being provided by the Province of
Ontario's Critical Minerals Innovation Fund ("CMIF) and the Government of Canada through the
Industrial Research Assistance Program ("IRAP") in assisting with the implementation of
EVNI's Clean Nickel™ Research and Development Program.
Qualified Person
The Company's Projects are under the direct technical supervision of Paul Davis, P.Geo., and
Vice-President of the Company. Mr. Davis is a Qualified Person as defined by NI 43-101. He
has reviewed and approved the technical information in this press release. There are no known
factors that could materially affect the reliability of the information verified by Mr. Davis.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking information. Such forward-looking statements or
information are provided for the purpose of providing information about management's current
expectations and plans relating to the future. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. Any such forward-looking information
may be identified by words such as "anticipate", "proposed", "estimates", "would", "expects",
"intends", "plans", "may", "will", and similar expressions. Forward-looking statements or
information are based on a number of factors and assumptions which have been used to develop
such statements and information, but which may prove to be incorrect. Although EV Nickel
believes that the expectations reflected in such forward-looking statements or information are
reasonable, undue reliance should not be placed on forward-looking statements because the
Company can give no assurance that such expectations will prove to be correct. Factors that
could cause actual results to differ materially from those described in such forward-looking
information include, but are not limited to, changes in business plans and strategies, market
conditions, share price, best use of available cash, the ability of the Company to raise sufficient
capital to fund its obligations under various contractual arrangements, to maintain its mineral
tenures and concessions in good standing, and to explore and develop its projects and for general
working capital purposes, changes in economic conditions or financial markets, the inherent
hazards associated with mineral exploration, future prices of metals and other commodities,
environmental challenges and risks, the Company's ability to obtain the necessary permits and
consents required to explore, drill and develop its projects and if obtained, to obtain such permits
and consents in a timely fashion relative to the Company's plans and business objectives,
changes in environmental and other laws or regulations that could have an impact on the
Company's operations, compliance with such laws and regulations, the Company's ability to
obtain required shareholder or regulatory approvals, dependence on key management personnel,
natural disasters and global pandemics, including COVID-19 and general competition in the
mining industry. These risks, as well as others, could cause actual results and events to vary
significantly. The forward-looking information in this press release reflects the current
expectations, assumptions and/or beliefs of EV Nickel based on information currently available
to the Company. Any forward-looking information speaks only as of the date on which it is made
and, except as may be required by applicable securities laws, the Company disclaims any intent
or obligation to update any forward-looking information, whether as a result of new information,
future events or results or expressly qualified by this cautionary statement.
Contact Information
For further information, visit www.evnickel.com
Or contact: Sean Samson, President & CEO at [email protected].
EV Nickel Inc.
200 - 150 King St. W,
Toronto, ON M5H 1J9
www.evnickel.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this
release.
SOURCE: EV Nickel Inc.