NEWS Intersect Sulphides
Significant Near Solid To Solid Sulphide Mineralization Intersected
The Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth
Vancouver, British Columbia, August 22, 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). CLICK HERE TO READ MORE
Figure 1: Core Photo
Figure 2: Imiak Drill Plan Map
Figure 3: Imiak Composite Longitudinal Section
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