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10-30 m Tonnes is the tonnage target, next drilling should be tonnage drilling.
Here is a Dundee report on North American nickel deposit at Maniitsoq-
http://www.northamericannickel.com/files/NAN102513%20A%20Blast%20from%20the%20Past%20Laurie%20Curtis%20of%20Dundee%20on%20Manitsoq.pdf
Great news-- open at depth is what we are looking for as this was the deepest hole and nickel deposits tend to become more mineralized as they go deeper, because the nickel comes from the earths mantel-
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 7, 2013) - North American Nickel Inc. (TSX VENTURE:NAN) (OTCBB:WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to announce that the deepest sulphide intersection to date at Imiak Hill has returned high-grade nickel-copper-cobalt assays demonstrating that the mineralization has continuity and remains open at depth. Imiak Hill is one of three mineralized norites comprising the Imiak Hill Conduit Complex (IHCC), which also includes the Imiak North and Spotty Hill norites......
http://web.tmxmoney.com/article.php?newsid=63801934&qm_symbol=NAN
Great info Thanks !!!
Who is holding North American Nickel?
--
Look here to see-
http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=nan.v
$WSCRF HOME RUN! GREAT GRADES IN GREENLAND!! It is one of the richest grade deposits I have seen lately....
http://www.northamericannickel.com/news/news-details/2013/North-American-Nickel-Inc-High-Grade-Nickel-Copper-Cobalt-Sulphides-Confirmed-at-Imiak-Hill/default.aspx
Intersected 25.51m grading: 3.25% nickel, 0.48% copper, 0.11% cobalt,
Including: 18.62m of 4.31% nickel, 0.62% copper, 0.14% cobalt
Including: 7.12m of 5.18% nickel, 0.81% copper, 0.17% cobalt
Including: 4.01m of 6.04% nickel, 0.64% copper, 0.19% cobalt
DDH MQ-13-024: at 136 m down the hole:
Intersected 14.90m grading: 2.67% nickel, 0.39% copper, 0.09% cobalt
Including: 5.23m of 5.03% nickel, 0.30% copper, 0.16% cobalt
DDH MQ-13-019: at 118 m down the hole:
Intersected 8.68m grading: 1.53% nickel, 0.43% copper, 0.06% cobalt
Including: 3.56m of 3.27% nickel, 0.66% copper, 0.10% cobalt
- See more at: http://www.northamericannickel.com/news/news-details/2013/North-American-Nickel-Inc-High-Grade-Nickel-Copper-Cobalt-Sulphides-Confirmed-at-Imiak-Hill/default.aspx#sthash.86CoDHkV.dpuf
WSCRF / NAN.V News - Completes Drilling - Assays Pending - New Discovery
Drill Program Ends, Assays Pending
New Nickel Discovery at Fossilik
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP:65704T 108) (the "Company") is pleased to announce that the Company has made a new discovery at drill hole MQ-13-018, which is ~9 km south of the Imiak Hill Conduit Complex (IHCC). It intersected three new zones of nickel sulphide; all hosted by the Fossilik intrusion, which is the largest norite body in the Greenland Norite Belt at ~8 sq. km. MQ-13-018 is associated with NAN's 2012 VTEM conductor P-04.
This new discovery is within a 10km radius from the Imiak Hill Conduit Complex, which the Company believes to be a reasonable distance to truck mineralization to a potential central mining / concentrating complex at, or near, Imiak Hill (see map 1).
NAN CEO, Rick Mark states. "This discovery is only 9 km from our recently announced near solid to solid sulphide intersections at Imiak Hill and Imiak North. It has significant near surface Ni-Cu-Co & PGM mineralization which is disseminated, similar to mineralization at Spotty Hill within the IHCC. The Fossilik norite also contains historical mineralized zones with grades of up to 2.24% Ni and 0.63% Cu. It creates a new area of focus for the company and bolsters our belief that the Maniitsoq conduit system has potential to produce multiple deposits."
MQ-13-018 HIGHLIGHTS:
• 32.19m @ 0.59% NI, 0.18% Cu, 0.02% Co, 0.21 g/t PGM (Zone 1)
Including:
• 4.53m @ 1.06% Ni, 0.23% Cu, 0.04% Co, 0.33 g/t PGM
The mineralization was intersected between 35 and 160 m vertically below surface and it consists mainly of disseminated and blebby sulphides with occasional short intervals of inclusion bearing sulphide. All of the sulphides are hosted in massive melanocratic norite.
The Fossilik intrusion also hosts several historical showings including the Fossilik I and II occurrences:
• Fossilik II includes historical drill holes with grades of up to 2.24% Ni and 0.63% Cu over a core length of 12.89 metres in drill hole FoIl-1
• Fossilik I includes historical drill holes with grades of 1.07% Ni and 0.46% Cu over a core length of 25.10 metres in drill hole F-3.
To view Map 1, please visit the following link: Map 1.
If are a speculator or as most will buy after fact ie assays.
Agree. Looks good for a buying opportunity....
Your right antman ... the stock pulled back today ... a buying opportunity ?
Agreed
Let's see how he does.
I'm more interested in assays as it will reflect value.
NAN.V/WSCRF could double from here if assays come back really strong I am thinking...the junior markets really need a big winner and new world class camp such as NAN could be in the nickel space-
I know about the promotion.Thanks!Some CEOs are just natural promoters.They could move their stock price just by putting a shovel in the ground and coming up with a rock.Let's see how this guy does,now that he has something to work with.
What effect can Rick Mark make on his stock.This play is an above average property,and nothing else in the junior market is currently moving,so he has the floor all to himself for the next couple of weeks.
Good points, time will tell if NAN.V will be another ZEN.V
fyi, there's promotion ongoing from management.
Yes NAN.V / WSCRF Looking Very Bullish :)
Link
NAN.V hit another 52 week high today of .43 cents- bring on the assays!
With a string of PRs from results due possibly beginning next week,we could see an extended run.Volume is just starting to pick up.If this company had a promoter as the CEO,he'd be able to take it to $5.00 no problem,but even though he gets the word around the best he can,he doesn't have the pizzazz to push this as far as it could go.
Looks like the run you mentioned may be starting to happen already....
Good question, maybe they are still pending, the CEO stated in a video interview that the assays would be released by the end of the month. Holding for assays. glta
If this guy is accurate at all,we could see a nice run on the stock soon.
And a response from another poster to the previous post,also from Stockhouse.
Bill,
Thanks for your posts. I've held REM and it's various spinoffs for about 9 years or so. I remember that you correctly identified the copper % from the Reed Lake discovery hole when only the photos were available.
Do you have a sense of what the copper % would be based on the core? Also, do you have any sense of what the overall % nickel equivlant would be (including the copper, PGE and cobalt if that can be detected in the visuals for the core)? Based on the nickel tenor, the 3.5% nickel equivalent seems about right that you estimated (although I noted in a technical paper that the nickel tenor is as high as 9%, not just 8%). I'm wondering if we are closer to 4% when the nickel-equivalents are included. Definitely spectacular by any measure!
Also, do you know if copper and the other metals also tend to get higher grades as we get deeper, as nickel does? For geology, I only took a course back in grade 12 so apologies for the basic questions.
I think the wildcard on the share price is the market being in the doldrums, but this may be countered by the small public float once the assays get released. Would be nice to get this up to 50 cents to a dollar so that some of the warrants can get exercised to fund next year's program. Would rather see this sooner than later, as who knows what black swan events are going to hit the market this year.
Thanks!
Read more at http://www.stockhouse.com/companies/bullboard/v.nan/north-american-nickel-inc?postid=21741327#rqPFiEImVbxJ9WCY.99
An explanation from the same poster on Stockhouse.Again,take from it what you will.
Nan
I've been a prospector for various companies as well as privately for the past 25 yrs. Currently holding numerous mineral properties in MB and Ont. gold, ni-cu and, pge mainly. I've heard that this could move to a dollar once assays are released, however I'm hoping for sixty cents. Hopefully find a valuation in that range. The plus is the enormous land package and it s blue sky potential. A potential for the discovery of a new nickel camp.
Read more at http://www.stockhouse.com/companies/bullboard/v.nan/north-american-nickel-inc?postid=21740991#2dR8y36QifCATvYE.99
From Stockhouse BBs.Take from it what you will.It sounds plausible.
Predictions
I have gone through the drill logs from MQ 12-001 and 12-002, and have come up with predictions for pending DDH MQ-13-026 and MQ 13-028.
MQ 13-026 could return 3.5 % Ni over 18.6 m with various intersections of 4 m @ 6% NI, 3.3 m@ 6% Ni, and 2.7 m @ 6 % Ni.
MQ 13-028 could return 3.5 % Ni over 17.9 m, again with various intersection returning much higher values.
Looking at MQ 12-001 and 002, I notice the 40% sulphides encountered were over narrow intervals ( 1m or less) which returned around 3.5 % Ni on average. .. In the pending holes we have various 3-4 m intervals with up to 75 % sulphides.. I base these predictions on 8% Ni in 100% sulphides.
Judging by the pictures of the core from MQ 13-026 we see nice brecciated fragments encountered in previous holes, and I concur with the percentage visual estimates.
Now these are estimates however I dont think they will be far off. Just my two cents worth..
Read more at http://www.stockhouse.com/companies/bullboard/v.nan/north-american-nickel-inc?postid=21740852#Jd3BBTVYVFR4R462.99
I wonder why they never reported the results of the Phase One drilling?Even if they were negligible,you'd think they have to report them.
Yes This is the 4 the hole that hit sulphides and there's more drill holes being drilled.
Yes a long 600 + feet
Waiting for asasays
185 meters is 606 feet, so this the size of a 60 story apartment building already!
EXTENDS NEAR SOLID TO SOLID SULPHIDE MINERALIZATION AT
IMIAK HILL, MANIITSOQ, SOUTH-WEST GREENLAND
24.75m of Significant Sulphide Mineralization Intersected in Drill Hole MQ-13-028
Mineralization Remains Open
Vancouver, British Columbia, September 5, 2013 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce that diamond drill hole MQ-13-028 at Imiak Hill intersected a 24.75 metre core length of near solid-solid sulphide mineralization averaging approximately 35 - 40% total sulphides within noritic host rocks. The Maniitsoq nickel-copper-cobalt & PGM project in southwest Greenland contains the 70km long Greenland Norite Belt (GNB) and is 100% owned by North American Nickel.
The intersection in MQ-13-028 is the deepest of four significant sulphide intersections made at Imiak Hill this year and extends Zone 30’s significant near solid to solid sulphide mineralization ~35 metres further down plunge from hole MQ-12-026 to an overall vertical depth of 185 metres. (See figures 1, 2 and 3). The mineralization remains open at depth.
The sulphides in MQ-12-028 were contained within two intervals of mineralized norite. The first is 17.91m long and averages 40-45% sulphide and the second is 2.40m long and contains 50-60% sulphide. The two intervals are separated by 4.44m of leucogabbro.
The entire intersection is summarized in the table below.
From
(m) To
(m) Length
(m) Description
182.09 183.59 1.50 Norite, well mineralized 60-70% total sulphide
183.59 187.85 4.26 Norite, mineralized 25-30% total sulphide
187.85 190.87 3.02 Norite, well mineralized 65-75% total sulphide
190.87 192.07 1.20 Norite, well mineralized 40-50% total sulphide
192.07 193.80 1.73 Norite, well mineralized 60-70% total sulphide
193.80 195.14 1.34 Norite trace to 1% total sulphide
195.14 200.00 4.86 Norite, well mineralized 40-50% total sulphide
200.00 204.44 4.44 Leucogabbro
204.44 206.84 2.40 Norite, well mineralized 50-60% total sulphide
Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.
MQ-13-028 was drilled to test an extremely strong “step response” type of anomaly extending below the diamond drill hole MQ-13-026, which intercepted 18.62 m of mineralized norite containing an average of 40 to 45% total sulphides within Zone 30 at Imiak Hill (see NAN August 23/13 press release for details on Zone 30 and the previous three intersections).
MQ-13-028 was surveyed with a 3 component bore hole EM (BHEM) system and this mineralization has also produced an extremely strong "step response" type of anomaly. The interpretation of the anomaly, by Crone Geophysics and Exploration Ltd, indicates that the mineralization continues further down plunge at Imiak Hill. Drill core for MQ-13-028 has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis.
NAN CEO, Rick Mark, states: “We are extremely pleased with the continuity of the near solid to solid sulphide mineralization at Imiak Hill that we have discovered this year. It has now been intersected from near surface to below 185 metres in depth and the borehole survey tells us it remains open down plunge. That fits the nickel deposit model we are following. The Company’s technical team, led by COO Neil Richardson, Chief Geologist John Pattison and Project Manager James Sparling, continues to deliver results for our shareholders”.
As described in the August 23/13 press release, NAN has now delineated three, closely spaced, north-trending, near vertically dipping, steeply south-plunging mineralized zones at Imiak Hill. From east to west the zones have been provisionally named 10, 20 and 30 as shown in plan in Figure 1 and in three dimensions in Figure 2. The mineralization in MQ-13-028 correlates with Zone 30, as do the other three sulphide intersections made at Imiak in 2013. A composite longitudinal section through Imiak Hill showing the locations of all intersections to date is included in Figure 3.
Since commencing the 2013 field program in late June, NAN has drilled 22 holes totaling 3,711 meters at Maniitsoq. The drill has now been moved from Imiak Hill to test other high priority, norite-associated electromagnetic anomalies prior to the end of the field season.
To view the Figures associated with this press release, please visit the following link: Maps
Website: Website
.10 down in a week. I knew I should have sold this shit and locked in some profits! Is this more than profit-taking?
“With the recent discovery of the giant, deeply eroded, …”
LINK
Yes I understand ... I'm holding as I expect that this 'is not' the last we have heard of Hole MQ-26 ... the rich sulphide core
Really tempted to sell here and rebuy lower. But, don't think I will, because this thing might fly as soon as I sell! Lol
More News is coming.
Is this discovery of the century ?
More info about the discovery.
With the recent discovery of the giant, deeply eroded, 3 Ga
Maniitsoq impact structure in southern West Greenland
(Garde 2010), an enigmatic, c. 75 by 15 km large, curvilinear
belt of undeformed norite intrusions with Ni-Cu mineralisation
was re-interpreted as representing crustally contaminated
melts derived from the mantle in the wake of the impact
(Fig. 1; Garde et al. 2012). The norite belt (Nielsen 1976;
Secher 1983) was discovered in the early 1960s by the mining
and exploration company Kryolitselskabet Oresund A/S,
and more than one hundred shallow exploration holes were
drilled by the company in the period 1965–1971. The mineralisation
has subsequently been investigated by Cominco
Ltd., Falconbridge Ltd. and NunaMinerals A/S. In 2011, the
re-interpretation of the norite belt, and recent availability of
improved airborne geophysical exploration tools, prompted
the Canadian company North American Nickel Inc. (NAN)
to resume exploration.
Authors:
Adam A. Garde, John Pattison, Thomas F. Kokfelt, Iain McDonald and Karsten Secher
© 2013 GEUS. Geological Survey of Denmark and Greenland Bulletin 28, 45–48. Open access: www.geus.dk/publications/bull
LINK to Article
I just bought 10k on Friday. I don't think this will be going to pull back but even if it did, I will be just holding on to this to the very end :)
This is a great interview. I hope we will have more good news :).
They have hit the real deal over there it appears- let the good news flow!
CEO Interview August 23, 2013
Rick Mark CEO Speaks with Agoracom about the latest news and more ….
LINK
What a nice jump! There must be serious money coming into this, with real belief of future success. Don't you think? I believe this will be a big winner for us. :)
The Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to announce that diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 - 45% total sulphides, including numerous sections containing 65% to 80% sulphides, within noritic host rocks at the Imiak Hill nickel-copper-cobalt zone on the Maniitsoq project.(see MQ-13-026 table). This is the deepest of three sulphide intersections, all described in this release, that have been drilled at Imiak Hill in 2013. Drill core has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis. Assay results for all three holes are pending and further drilling is planned.
Figure 1 is a high-resolution photograph that documents the entire 18.62 m long intersection in MQ-13-026, which includes inclusion-bearing near solid and solid sulphides
NAN COO, Neil Richardson, states: "We are pleased to report that drill hole MQ 13-026 is the best intersection we have seen to date with intense sulphides clearly present and our BHEM surveys indicate that Imiak Hill is still open down plunge. It is also important to note is that the intensity of the sulphide mineralization, as shown in the three holes referenced in this release, is increasing with depth. It is common knowledge that most nickel deposits occur at, or near the base of, mafic intrusions, so we will continue to follow the high grade mineralization down towards the base of the Imiak Hill mafic norite intrusion with additional drilling and borehole geophysics."
Drill hole MQ-13-026 intersected near solid to solid sulphides with numerous sections containing 65-80% total sulphides.
A description of the intersection is given in the table below:
MQ-13-026 Sulphide intersection
From (m) To (m) Length (m) Description
156.70 157.16 0.46 Norite, well mineralized, 25% sulphide
157.16 161.17 4.01 Norite, near solid sulphide, 75% sulphide
161.17 162.10 0.93 Norite, well mineralized, 20% sulphide
162.10 162.53 0.43 Norite, near solid sulphide, 75% sulphide
162.53 164.00 1.47 Norite
164.00 164.42 0.42 Norite, near solid sulphide, 85% sulphide
164.42 165.20 0.78 Norite, well mineralized, 30% sulphide
165.20 165.94 0.74 Norite, near solid sulphide, 85% sulphide
165.94 166.97 1.03 Norite, 2-3% sulphide
166.97 167.62 0.65 Norite, near solid sulphide, 70% sulphide
167.62 168.00 0.38 Norite
168.00 168.20 0.20 Norite, near solid sulphide, 70% sulphide
168.20 168.77 0.57 Norite, well mineralized, 40% sulphide
168.77 172.07 3.30 Norite, near solid sulphide, 75% sulphide
172.07 172.61 0.54 Norite
172.61 175.32 2.71 Norite, near solid sulphide, 70% sulphide
Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.
The MQ-13-026 intersection occurs 142 to 159 m vertically below surface and is currently the deepest at Imiak, which suggests that the intensity of sulphide mineralization in the noritic host rock is increasing with depth. The hole was surveyed with a 3 component bore hole EM (BHEM) system and the mineralization produced an extremely strong "step response" type of anomaly. Interpretation by Crone Geophysics and Exploration Ltd. indicates that the mineralization continues down plunge.
North American Nickel has now delineated three, closely spaced, north-trending, near vertically dipping, steeply south-plunging mineralized zones at Imiak Hill. From east to west the zones have been provisionally named 10, 20 and 30 as shown on the attached plan map (Figure 2). The mineralization in MQ-13-026 correlates with Zone 30. A composite longitudinal section through Imiak Hill with all the intersections to date is included (Figure 3).
Sulphide textures, such as inclusion bearing massive and semi-massive sulphide, in MQ-13-026 are similar to those observed in the mineralized 2012 Imiak drill holes (MQ-12-001 and MQ-12-002); however, the volume percentage of sulphide in MQ-13-026 is significantly higher.
Drill hole MQ-13-024 intersected a 14.15 metre long interval of well mineralized to semi massive sulphides with an estimated average of 30-35% total sulphides approximately 36 metres up-plunge of MQ-13-026. This intersection also correlates with Zone 30. The hole was surveyed with a Crone 3D BHEM system and the resulting interpreted conductor plate fits well with Zone 30 as outlined from drilling.
MQ-13-024 Sulphide intersection
From (m) To (m) Length (m) Description
136.75 141.98 5.23 Norite, strongly mineralized 50% sulphide
141.98 145.61 3.63 Norite
145.61 146.53 0.92 Norite strongly mineralized 30-40% sulphide
146.53 148.15 1.62 Norite
148.15 150.90 2.75 Norite, strongly mineralized 50-60% sulphide
150.90 153.31 2.41 Norite 2-3% sulphide
Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.
Drill hole MQ-13-019, located 30 metres up-plunge of MQ-13-024 and 66 metres up-plunge of MQ-13-026 intersected 10.75 metres of sulphide mineralization that also correlates with Zone 30. This mineralization is more disseminated in nature. The hole was surveyed with the Crone BHEM instrument and a late channel (strong) off-hole anomaly was detected below and south of the hole.
MQ-13-019 Sulphide intersection
From (m) To (m) Length (m) Description
118.09 118.93 0.84 Norite,10-15% sulphide
118.93 120.52 1.59 Norite, 20-25% sulphide
120.52 121.65 1.13 90% sulphide, 10% norite gangue
121.65 128.84 7.19 Norite, 5% sulphide in small massive bands
Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.
To conclude, the mineralization at Imiak is open at depth and the geological team continues to develop a geological model that currently includes at least three zones of mineralization. The latest drilling indicates that the mineralization is strengthening with depth, producing late channel off-hole BHEM anomalies.
Since commencing the 2013 field program in late June, NAN has drilled 27 holes totaling 3037 meters at Maniitsoq. Drilling continues.
Collar coordinates for all of the Company's drill holes at Imiak are listed in the table below.
Hole Number East (m) * North (m)* Elevation
(masl) Azimuth
(°) DIP
(°) Length
(m)
MQ-12-001 477455 7257225 546 275 -45 106.07
MQ-12-002 477455 7257225 546 275 -70 173.12
MQ-12-003 477485 7257186 543 275 -73 292
MQ-12-004 477459 7257260 540 275 -45 95.4
MQ-13-019 477484 7257189 546 275 -55 176
MQ-13-020 477490 7257141 532 275 -62 209
MQ-13-023 477484 7257215 547 275 -59 188
MQ-13-024 477497 7257174 547 275 -59 197
MQ-13-025 477475 7257235 545 269 -45 122
MQ-13-026 477490 7257141 532 295 -65 215
*WGS84 UTM Zone 22N
Qualified Person
All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and President, North American Nickel Inc.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt. VMS Ventures Inc. (TSX VENTURE:VMS) owns approximately 27.5% of NAN.
The Maniitsoq property in Greenland is a Camp scale project comprising 5,106 square km's covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.
The first two discoveries of economic mineralization at Imiak Hill and Spotty Hill confirm the high value and potential of the GNB.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark, CEO and Chairman
North American Nickel Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Figures 1 to 3 are available at the following address: http://media3.marketwire.com/docs/NAN_Figures_0822.pdf
Yes & He gives a great overview of the geology of Greenland then discusses North American Nickel and why it should be on your radar screen, thanks, good article.
NAN.V article by Rick Mills From Ahead Of The Herd-Is an excellent description of what is happening with North American Nickel in Greenland-
http://aheadoftheherd.com/Newsletter/2013/Greenland-Offers-Exploration-Homerun-Potential.htm
NEWS Phase 1 Drilling Completed
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 30, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to provide an update on exploration activities at its 100% owned Maniitsoq project. Field crews commenced surface prospecting on June 15 and the diamond drill arrived on June 21, 2013. To date ten holes (MQ-13-010 to 19) totaling 1,520 meters have been completed. All of the holes have been surveyed with the Crone three-component pulse electromagnetic system.
These first ten holes targeted VTEM electromagnetic anomalies located throughout the Greenland Norite Belt (GNB), which is over 70 km long and hosts the majority of the nickel occurrences on the property. As illustrated in the drill hole location map (see Figure 1), drilling began at the south end of the belt and progressed northwards. The drill is currently situated at the Imiak Hill nickel occurrence in the northern part of the belt. The Company intends to drill a minimum of 3000 meters this year at Maniitsoq.
To date, 567 core samples and 249 surface grab and channel samples have been collected for assay and geochemical analysis and submitted to ALS Limited in Sweden. In addition to this work, approximately nine line-kilometers of surface pulse electromagnetic surveys have been completed over selected target zones.
NAN COO, Neil Richardson, states: "We are pleased with the completion of phase one drilling and the overall progress of the exploration program at Maniitsoq. Over 100 electromagnetic and geological targets have been checked on the ground by our geological team and targets have been re-prioritized for the second phase of drilling starting in early August. Additional targets from the 2013 VTEM flying will continue to augment our target database."
The Company also plans to fly approximately 650 to 700 line-kilometers of VTEM helicopter time domain electromagnetic and magnetic surveys at Maniitsoq in 2013. These surveys will fill gaps in VTEM coverage within the GNB and cover some areas of interest outside the GNB. It is expected that the 2013 exploration program will be completed by early to mid-September.
Acquiring 123sq km of Additional Property at the Maniitsoq
Ni-Cu-Co & PGE Sulphide Project, Southwest Greenland
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 15, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to announce that it has been notified by the Greenland Bureau of Minerals and Petroleum that its application to expand mineral exploration licence 2012/28 by 123 square kilometers has been accepted. The text of the new licence agreement is expected from the Greenland Government shortly. The expansion will bring the total area covered by the project to 5,106 square kilometers.
Licence 2012/28 is one of two contiguous licences that comprise the Maniitsoq project and the expansion consists of the six separate blocks outlined in red on the 2013 exploration map available on our website website.
The blocks are contiguous with the Company's current land holdings and they fill gaps in the project area that, until recently, belonged to an exploration company focused on diamond exploration. Many of the blocks contain exposures of norite, the rock type most commonly associated with nickel and copper sulphide mineralization at Maniitsoq. Many of the blocks also contain outcrops of kimberlite dykes.
NAN CEO, Rick Mark, states: "With the acquisition of this new ground, North American Nickel now controls over 90% of the highly prospective Greenland Norite Belt. The Company currently has field crews and a diamond drill rig operating on the project and is drill testing targets throughout the norite belt."
Qualified Person
All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and President, North American Nickel Inc.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt. VMS Ventures Inc. (TSX VENTURE:VMS) owns approximately 27.5% of NAN.
The Maniitsoq property in Greenland is a Camp scale project comprising 4,983 square km's covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.
The first two discoveries of economic mineralization at Imiak Hill and Spotty Hill confirm the high value and potential of the GNB.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
NAN.V WSCRF trending up nicely, news flow coming soon from drilling the Earth's Largest Nickel Impact Crater.
I feel good about this company too. I learned to really appreciate nickel in general. It's a pretty metal
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