Airborne Geophysical Survey to Be Conducted over the Zeb Project Area
Airborne Geophysical Survey to Be Conducted
over the Zeb Project Area
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2023) - ZEB Nickel Corp. (TSXV: ZBNI)
(OTCQB: ZBNIF) ("Zeb" or the "Company") is pleased to announce that an airborne geophysical survey
is being conducted over the Zeb Project area by a third party. The data from the geophysical survey
should be received in July 2023.
Once received, the Company will be processing the data to better understand the geology and
geological structure of the Zeb Project area, the distribution of known nickel (Ni) and nickel-copper-
platinum group element (Ni-Cu-PGE) mineralization and identify any potential new targets that may host
nickel mineralization.
Previous holes drilled at the Zeb Project has revealed higher-grade sulfide nickel zones (1.67% over
2.25 m) and Ni-Cu-PGE mineralized zones at the base of the historical nickel resource estimate. The
location of these mineralized zones will be correlated with the results from the geophysical survey,
allowing for the identification of targets that may contain similar styles of mineralization.
Richard Montjoie, interim CEO of Zeb Nickel, commented: "
The acquisition of this geophysical data will
allow us to further advance our geological understanding of the Project area, particularly with regards
to identifying extensions of known high-grade Ni and Ni-PGE mineralization, as well as our
understanding of the geological structure, which always has a strong control on Ni-PGE
mineralization. By combining this new data with our existing drill results, we will hopefully be able to
target higher grade Ni-Cu-PGE mineralization in upcoming drill campaigns, allowing us to rapidly
delineate a higher-grade Ni resource.
"
About the Company and Project
Zeb Nickel Corp is focused on exploring for and developing world-class mineral deposits, with a focus
on metals that are critical in the production of rechargeable batteries, such as nickel, graphite, lithium,
cobalt, manganese, copper and aluminum. The Company is currently focused on developing its flagship
Zeb Nickel Project, located in Limpopo, South Africa. The Zeb Nickel Project is a developing Class 1
nickel sulfide project strategically located in the Bushveld Complex in South Africa. The Zeb Project
Contains a historical NI 43-101 compliant resource over 3.9 million tons of contained sulfide nickel,
ranking it number 8 in the global top ten nickel sulfide resources (Mudd, G. M., & Jowitt, S. M. (2014). A
detailed assessment of global nickel resource and trends and endowments. Economic Geology, 109(7),
1813-1841).
On behalf of the Board of Directors
James Nieuwenhuys
Non-executive Chairman,
Zeb Nickel Corp.
Email:
Company Website:
www.zebnickel.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under
applicable Canadian securities legislation. Forward-looking information includes, but is not limited to,
drill results relating to the Zeb Project, the potential thereof, timing of economic studies and mineral
resource estimates, the ability to classify the historical resource as a current mineral resource, the ability
to sell marketable materials, strategic plans, including future exploration and development results, and
corporate and technical objectives. Forward-looking information is necessarily based upon a number of
assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking information. Factors that could affect the outcome include,
among others: future prices and the supply of metals, the future demand for metals, the results of drilling,
inability to raise the money necessary to incur the expenditures required to retain and advance the
property, environmental liabilities (known and unknown), general business, economic, competitive,
political and social uncertainties, results of exploration programs, risks of the mining industry, delays in
obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact
of COVID-19 related disruptions in relation to the Company's business operations including upon its
employees, suppliers, facilities and other stakeholders. There can be no assurance that such information
will prove to be accurate, as actual results and future events could differ materially from those anticipated
in such information. Accordingly, readers should not place undue reliance on forward-looking
information. All forward-looking information contained in this press release is given as of the date hereof
and is based upon the opinions and estimates of management and information available to
management as at the date hereof. The Company disclaims any intention or obligation to update or
revise any forward-looking information, whether as a result of new information, future events or otherwise,
except as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/162871