Mining Right Granted and Executed for Zeb Nickel
Zeb Nickel Corp
TSX-V: ZBNI
www.zebnickel.com
Tel: +1 416 628 3100
NEWS RELEASE
Mining Right Granted and Executed for Zeb Nickel
Vancouver, BC, November 4, 2025 – ZEB Nickel Corp. (ZBNI:TSX- V) (OTC:ZBNIF) (“Zeb” or
the “Company”) is pleased to announce that the South African Department of Mineral and
Petroleum Resources ( “DMPR”) has granted and executed Mining Right
LP30/5/1/2/2/10174MR in favour of Lesego Platinum Uitloop (Pty) Ltd ( “LPU”), the project
company for the Zeb Nickel Project, located on the Northern Limb of the Bushveld Complex,
South Africa.
The Mining Right has a 30-year term to 2055, and covers an area of 4,703.70 ha across certain
portions of the Bloemhof 4KS, Uitloop 3KS, Amatava 41KS, and Piet Potgietersrust Town &
Townlands 44KS farms, in the Mogalakwena Local Municipality, Limpopo Province, South
Africa.
Post-execution formalities are underway, and the Mining Right is in the process of being
submitted for registration at the Mineral and Petroleum Titles Registration Office, in Pretoria.
Zeb will update the market once registration is confirmed.
Operations
As announced on 16 October 2025, ground gravity and frequency- domain electromagnetic
(EM) surveys are scheduled to commence shortly, over two priority targets at the Zeb Nickel
Project. The objective of these surveys is to refine the geometry of the identi fied conductors
and generate decision-ready drill targets. The Company will provide a further update to the
market on modelling outputs, drill parameters and timing following receipt of the contractor’s
report.
John Zorbas, Director , commented: “The granting and execution of the Mining Right
materially de-risks Zeb Nickel by securing the right for 30 years and positions the project to
engage quality partners as we advance. Our immediate priority is to complete the ground EM
and gravity survey and associated modelling and present a clear, efficient drill plan focused
on the highest ranked targets; registration formalities are in progress.”
Qualified Person Statement
All technical data, as disclosed in this press release, has been reviewed and approved by
Richard Montjoie. Mr. Montjoie is the VP Exploration and director of the Company and is not,
therefore, independent of the Company. Mr. Montjoie is a registered member of the South
African Council for Natural Scientific Professions (SACNASP) membership number 400131/09.
Mr. Montjoie holds a M.Sc. Honors in Economic Geology from the University of Witwatersrand,
South Africa, and is fellow of the Geological Society of South Africa (GSSA).Mr. Montjoie Is a
qualified person as defined under the terms of National Instrument 43-101.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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About the Company and Project
Zeb Nickel Corp is focused on exploring for and developing 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 located in the Bushveld Complex in South Africa.
On behalf of the Board of Directors
James Nieuwenhuys
Chief Executive Officer and Director,
Zeb Nickel Corp.
Email: [email protected]
Tel: 1 416 628 3100
Company Website: www.zebnickel.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward -looking information" and "forward -looking statements"
(collectively, “forward-looking statements ”) within the meaning of applicable Canadian
securities legislation. All statements in this release, other than statements of historical fact,
are forward looking statements, including but not limited to: interpretations of geophysical
data, the potential extension and connectivity of ultramafic bodies, the existence and extent
of a feeder or plumbing system, the significance of magnetic and gravity anomalies,
statements regarding the potential for Ni-Cu-PGE sulphide mineralisation, the planned re -
processing and interpretation of geophysical data, the intention to delineate drill targets in
Zone 2 and Zone 3, the objective of declaring a maiden NI 43-101 compliant mineral resource,
and the broader development strategy of the Zeb Project.
Forward-looking statements are based on a number of assumptions believed by management
to be reasonable at the time such statements are made, including but not limited to: the
accuracy of the Company’s interpretation of geophysical and geological data, the availability
of financing on reasonable terms, the ability to obtain necessary regulatory approvals in a
timely manner, the results of planned exploration activities, and assumptions regarding market
conditions and commodity prices.
Forward-looking statements are subject to known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements to differ materially from
those expressed or implied by such statements. These risks and uncertainties include, but are
not limited to: fluctuations in commodity prices, the outcome of current and future exploration
and drilling programs, capital and operating costs varying significantly from estimates, the
ability to secure financing and maintain access to capital markets, delays or inability to obtain
necessary permits, approvals or licences, political and regulatory risks, environmental risks,
and other risks related to mineral exploration and development.
There can be no assurance that such statements will prove to be accurate, and actual results
and future events may differ materially from those anticipated. Readers are cautioned not to
place undue reliance on forward-looking statements. All forward-looking statements contained
in this press release are made as of the date hereof, and the Company undertakes no
obligation to update publicly or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by applicable securities laws.