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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (3193)	11/6/2013 9:15:11 AM
From: Goose94	Respond to of 202930

NAN-V gap up this morning?

To: Goose94 who wrote (3193)	11/7/2013 9:52:25 PM
From: Goose94	Read Replies (2) \| Respond to of 202930

North American Nickel (NAN-V) and VMS Ventures (VMS-V) drill 24.75 m of 3.19% Ni at Maniitsoq Nov 7, 2013 - News Release North American Nickel Inc. and VMS Ventures Inc.'s 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.The IHCC is located in the northern part of the company's 100-per-cent-owned Maniitsoq nickel-copper-cobalt and platinum-group metals project in southwest Greenland. Imiak Hill DDH MQ-13-028, at 182 metres down the hole: Intersected 24.75 m grading 3.19 per cent nickel, 1.14 per cent copper, 0.11 per cent cobalt and 0.01 gram per tonne PGM; Including 17.91 m of 3.80 per cent nickel, 1.42 per cent copper, 0.13 per cent cobalt and 0.01 g/t PGM; Including 2.40 m of 4.44 per cent nickel, 1.13 per cent copper, 0.15 per cent cobalt and 0.01 g/t PGM. The mineralization in MQ-13-028 corresponds to zone 30, one of three mineralized zones so far discovered in the Imiak Hill norite (see NAN news releases dated Aug. 23, Sept. 5 and Oct. 10, 2013, for details). The mineralization in MQ-13-028 occurs 35 m to 75 m downplunge from previous high-grade intersections in holes MQ-13-026 (25.51 m grading 3.25 per cent nickel, 0.48 per cent copper and 0.11 per cent cobalt) and MQ-13-024 (14.90 m grading 2.67 per cent nickel, 0.39 per cent copper and 0.09 per cent cobalt). The company's 2013 drilling and corresponding assay results confirm that the sulphide mineralization at Imiak Hill is high grade, has continuity and remains open at depth. The company is awaiting further assays from other prospects at Maniitsoq. NAN chief operating officer Neil Richardson stated: "Hole 28's high-grade core contains similar values to hole 26 which support our magma conduit model of high-grade nickel-copper-cobalt mineralization at Imiak Hill. We were interested to see the much higher copper grade in hole 28, reflected in more chalcopyrite in the near-solid sulphide mineralization we reported earlier this fall. At 180 m vertically below surface, MQ-13-028 is the deepest intersection to date at Imiak. It has a true width of approximately 11.2 m, and importantly, remains open at depth. "The 2014 drill program will focus on expanding the known mineralized zones and exploring for additional mineralization within the IHCC. Specifically, we will be looking for geological environments suitable for the accumulation of large quantities of nickel-copper-cobalt sulphide mineralization. Our main targets will be the footwall contacts of the norite bodies, embayments along these contacts and other parts of the conduit system where the velocity of nickel-rich norite magma may have been locally reduced. Also, the possibility that mineralization may extend beyond the norite bodies into the surrounding country rocks will be tested." As in previous holes drilled at Imiak Hill, the mineralization in MQ-13-028 is hosted within dark green-grey, massive, weakly magnetic norite with occasional clasts of coarser-grained norite. Drill-logs and additional maps are available on the company's website. Drill core assay results are evaluated as part of a quality assurance and quality control procedure that includes the use of multielement, certified standards with known precious and base metal values, blank standards, and control charts to determine accuracy and precision of analytical results. Core sample analysis was completed by ALS Scandinavia AS of Ojebyn, Sweden. Three methods of analysis were used to determine element concentrations in the rock samples submitted to ALS. These were: a multielement scan, subsequent to a four-acid digestion and ICP/ICP-AES finish; gold, platinum and palladium lead fire assay on a 30-gram sample with ICP-AES finish; and samples with greater than 1.00 per cent Ni or Cu were reanalyzed by ICP-AES calibrated for ore grade detection limits. Samples with greater than 0.50 per cent sulphur were reanalyzed by Leco furnace and infrared spectroscopy. The Maniitsoq nickel-copper-cobalt and PGM project in southwest Greenland contains the 75-kilometre-long Greenland norite belt (GNB) and is 100 per cent owned by North American Nickel. Qualified person All technical information in this release has been reviewed by Dr. Mark Fedikow, PGeo, qualified person for the company, president of North American Nickel.