North American Nickel Provides Exploration Update on its Maniitsoq Ni-Cu-Co & PGE Sulphide Project, Southwest Greenland
Vancouver, British Columbia, 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.” CLICK HERE TO READ MORE
"Figure 1: Geology & Diamond Drill Hole Location Map" please CLICK HERE
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