North American Nickel Intersects High-grade Nickel at Greenland Project

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) announced that high-grade nickel, copper, cobalt, platinum, palladium and gold were found at its wholly-owned, Greenland-based Maniitsoq project. Platinum, palladium and gold have not been found at the property until now.

According to the press release, highlights from discovery hole MQ-12-005 include:

  • 123.94 meters (m) grading: 0.81% Nickel (Ni), 0.21% Copper (Cu), 0.03% Cobalt (Co) & 0.26 g/t Platinum (Pt) + Palladium (Pd) + Gold (Au)
    • Including: 24.20 m @ 1.75% Ni, 0.34% Cu, 0.06% Co & 0.52 g/t Pt+Pd+Au.
    • Including: 8.20 m @ 2.39% Ni, 0.21% Cu, 0.07% Co, & 0.60 g/t Pt+Pd+Au.
  • The mineralization is primarily hosted by disseminated sulphide with zones of near massive sulphide.
  • The mineralization has high Ni tenor averaging 9.0% Ni recalculated to 100% sulphide and is likely to produce clean concentrate.

Click here to read the full North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) press release. 

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Equitas Resources (TSXV:EQT; FSE:T6UN) is one of the first junior resource companies in the last 20 years to hold such a large, consolidated land package in the Voisey’s Bay district. With a first-class, experienced team of professionals skilled in raising capital and managing successful exploration projects Equitas Resources has a tight share structure on early stage of nickel focused exploration. Learn more about this world class deposit.

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