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New Listing: ZEB Nickel Corp. (TSXV:ZBNI)

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ZEB Nickel has a 74% interest in the Zebediela Nickel Project, located approximately 9 kilometers northeast of the platinum mining town of Mokopane, in the Limpopo Province, South Africa and approximately 250 kilometers north-northeast of Johannesburg.

Additional Information:

Company: ZEB Nickel Corp.
Stock Symbol: TSXV: ZBNI
Date Published: Aug 12, 2021
Transcript: Available

Video Transcript:

I’m Ebony North for Investmentpitch Media

ZEB Nickel Corp. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “ZBNI”, following its qualifying transaction with Capital Pool Company Blue Rhino Capital.

The company has a 74% interest in the Zebediela Nickel Project, located approximately 9 kilometers northeast of the platinum mining town of Mokopane, in the Limpopo Province, South Africa and approximately 250 kilometers north-northeast of Johannesburg.

The Project consists of three prospecting areas, which will be amalgamated into a single area upon the granting of the mining right application that is currently being processed.

Year-round access to the Project area is by paved, all-weather National freeway, from Johannesburg to Mokopane, and regional tarred roads to the site, from which several all-weather unpaved roads lead to the various drill sites.

The Project area has been the focus of several historical exploration programs.

Previous exploration programs consisted of soil geochemistry, airborne and ground geophysical surveys, trenching, mapping and rock sampling, and several diamond drilling (core) programs.

In 1999, Falconbridge Ventures of Africa completed a regional airborne Electromagnetic survey in the area, which identified the potential for massive sulphide targets on the Project area.

The Zebediela Nickel Company, through various subsidiaries and related companies, has completed mineral exploration programs on the Project since 2007 with a number of drilling programs completed between 2007 and 2020.

The most recent mineral resource estimate on nickel mineralization in the Lower Zone Uitloop II body was completed by MSA Geoservices in March 2012 as part of a Preliminary Economic Assessment of the Project.

Drilling results allowed for an Indicated Resource of 485.4 million tonnes averaging 0.245% nickel to be stated, with an additional Inferred Resources of 1,115.1 million tonnes at 0.248% nickel using a cut-off grade of 0.1% total nickel grade (TNi).

The resource was quoted as Total Nickel (“TNi”) and was restricted to mineralization in the Sulphide Zone.

All available exploration data from these programs have been consolidated and are presented and discussed in the Technical Report which is available on Sedar.

The company recently raised gross proceeds of $2.8 million from the placement of 11.2 million shares priced at $0.25 per share.

The shares are trading at $0.75.

For more information, please contact Wayne Isaacs, CEO, at 416-317-7556 or email WayneVIsaacs@gmail.com.

I’m Ebony North for Investmentpitch Media