ZEB Nickel Corp. announced that an analysis of reports detailing historical drilling on the Zebediela Project (the Project) has revealed the presence of anomalously high gold mineralization in hole UIT01-5, as referenced in the Project's NI 43-101 report, available on the Company's website. This hole is located about 530 m north of hole Z026, which also contained anomalously high gold mineralization.

The nickel-PGE results of Z026 were reported in a news release on March 15, 2022. Drillhole UIT01-5 intersected 2.45 g/t Au over 1 m from a depth of 93 m to 94 m down the hole, and 0.82 g/t Au over 1 m from a depth of 97 m to 98 m down the hole. Drillhole Z026 intersected 0.68 g/t Au over 1.83 m from a depth of 221.41 m to 223.20, and 1.36 g/t Au over 1.50 m from a depth of 250.50 m to 252m.

There is no drilling between UIT01-5 and Z026. These two holes are located more than 2 km to the northwest of drillholes Z027 and Z029, the results of which were reported in a news release on April 12, 2022. Gold mineralization on the Project is almost certainly related to gold mineralization which occurs on the Pietersburg Greenstone Belt, which hosts the historical Eersteling Gold Mine.

The presence of gold mineralization on both the northern and southern portions of the Project area means that the gold mineralization is a lot more prevalent than initially thought; and improves the chances of the Project hosting an economic gold deposit that may be independent of the known nickel and platinum group element mineralization as documented in the Company's NI43-101, available on the Company's website.