18.5 C
Toronto
Saturday, July 27, 2024

(TSXV: ZBNI) Suppliers are struggling to meet Nickel Demand, meet Zeb Nickel Corp.

Zeb Nickel Corp is a company 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.

Zeb’s CEO, Wayne Isaacs has a 30-year career on Bay Street specializing in the resource sector both as a corporate executive of resource companies and as an investment banker. This extensive experience has allowed him to successfully seek out and engage and acquire significant resource assets and financing to support exploration, development and mining activities for his operating and investee companies.

LATEST PROJECT

The company’s flagship project is the Zeb Nickel Project (“Zeb”) located approximately 9 km northeast of the mining and farming town of Mokopane in the Limpopo Province of South Africa. The project is in an area known for its world class nickel-copper-platinum group element (“Ni-Cu-PGE ”) deposits. Zeb’s neighbors include Ivanhoe Mines’ Platreef Project and Anglo American Platinum’s Mogalakwena mine, which is the world’s largest open pit platinum mine. These two deposits together contain over 27% of the top ten known global nickel sulfide resources

Zeb Nickel says Phase 2 drilling at its flagship South African project has confirmed grade and continuity of nickel mineralization

The Zeb Nickel Project contains 3.9 million tons of contained sulfide nickel, ranking it number 8 in the global top ten nickel sulfide resources as per Mudd and Jowitt (2014), and is at an advanced licensing stage to mine this nickel in an environmentally friendly, sustainable, and cost-efficient manner. According to Mudd and Jowitt (2014), the Zeb Nickel Project has 3.9 million tonnes of contained sulfide nickel, ranking it eighth among the world’s top ten nickel sulfide resources, and is in advanced licensing stages to mine this nickel in an environmentally friendly, sustainable, and cost-effective manner.

Drilling into the existing nickel’s footwall yielded a high-grade nickel sulfide intersection with more than 0.5 percent nickel and 1.88 g/t 3PGE + Au (platinum plus palladium plus rhodium plus gold).

Figure 2: Cross section along strike along Section Line A-B as shown in Figure 1, schematically showing the three different zones of mineralization, namely the nickel mineralization in Lower Zone lithologies, the Ni-PGE mineralization associated with Critical Zone lithologies, and lastly, the newly discovered gold mineralization. (CNW Group/ZEB Nickel Corp.)

WHY IS NICKEL IMPORTANT FOR 2023+

The Electric vehicle (EV) market is rapidly developing, and it is mostly employed in the rechargeable battery business. Only the purest nickel, commonly referred to as Class 1 nickel, is suitable for use in batteries. Nickel sulfide deposits, such as the Zeb Nickel Project, contain these.

The drivers of the nickel market have begun to shift in recent years, owing mostly to the growth of the electric vehicle (EV) industry. Nickel is a vital component in nickel-bearing lithium-ion batteries’ cathodes, owing to its high energy density. Global EV sales surpassed 1 million in 2017, 2 million in 2018, 3.2 million in 2020, and 21 million EVs are predicted to be delivered annually by 2030.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected
- Advertisement -spot_img

STOCK MONKEY

STOCK MINER

Latest Articles