Keep your eyes glued to NAN-V fly on drill to watch water turn black if they pay dirt deep.
North American Nickel June 19, '14 has commenced drilling at its 100-per-cent-owned Maniitsoq nickel-copper-platinum-group-metal sulphide project in southwest Greenland. The 2014 drill program will employ two diamond drill rigs targeting existing prospects and regional targets along the Greenland norite belt. In addition to drilling, other activities will be continuing to develop new target areas within the very large property package being explored. The first drill is focused on the Imiak Hill conduit complex and more specifically on the Imiak Hill zone, where previous drilling intersected 4.31 per cent nickel, 0.62 per cent copper and 0.14 per cent cobalt over 18.62 metres in core length in hole MQ-13-026 (see NAN release dated Oct. 10, 2013). The zones at IHCC remain open at depth, and the 2014 drilling will test the down-plunge potential of these nickel-copper-PGM systems. The deepest mineralized intersection to date on the property is in hole MQ-13-028, which reported 3.19 Ni and 1.14 per cent Cu over 24.75 metres at a depth of approximately 185 metres from surface (see the NAN announcement dated Nov. 5, 2014).
The second drill is scheduled to start in about three weeks and will begin in the Pingo target area, located approximately 25 kilometres northwest of the IHCC. The 2013 heliborne VTEM survey identified high-priority subsurface conductors at Pingo, which are coincident with NAN's surface sampling and historical exploration results; both have documented anomalous nickel sulphide mineralization in noritic rocks.
All diamond drill holes will be surveyed using a 3-D (ZXY) borehole pulse electromagnetic system operated by Crone Geophysics and Exploration Ltd., which detects sulphide mineralization up to 100 metres away from the hole, as well as assisting with defining intersected conductor or zone parameters. This method has been utilized over the last two years of drilling at Maniitsoq and has assisted the geological team in understanding the mineralized systems at IHCC.
Ground geophysics
Crone Geophysics has completed 936 gravity stations, with 627 completed at IHCC and 309 completed at Fossilik. The survey was successfully completed, and the crew has returned to Canada. The gravity data are being interpreted by Magma Geoscience Inc., and results are expected in July, 2014.
Surface time-domain electromagnetic surveys have been completed on the IHCC and Fossilik target areas. A total of 79.55 line kilometres were surveyed, with 69.4 line kilometres completed over the IHCC and 10.15 line kilometres over the Fossilik area. Survey work will continue for the next seven days to 10 days, focusing on the Fossilik-area grid and in particular the Fossilik II showing. Interpretation of the TDEM survey will be completed by Crone Geophysics.
Qualified person
All technical information in this release has been reviewed by Dr. Mark Fedikow, PGeo, who is the qualified person for the company and president, North American Nickel. |
