North American Nickel Updates on Maniitsoq, Outlines 2016 Plans

Nickel Investing

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) released an exploration update and summary of significant results for its Greenland-based Maniitsoq nickel-copper-cobalt project. In 2016, the company is planning for a large follow-up drill program there.

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) released an exploration update and summary of significant results for its Greenland-based Maniitsoq nickel-copper-cobalt project. In 2016, the company is planning for a large follow-up drill program there.
As quoted in the press release:

In 2015, the Company implemented an $8.3M exploration program consisting of 5,655m of diamond drilling in 30 holes, a 6,696 line km helicopter-borne geophysical survey, 61.7 line km of surface electromagnetic (EM) surveying, a gravity survey, a ground geology program and acquisition of state-of-the-art Worldview-3 satellite data across the entire property.
PROJECT HIGHLIGHTS

  • Spotty Hill zone extended 80m down plunge and remains open down plunge
  • Geophysical indication that Mikissoq zone continues down plunge
    Six widespread regional Ni-Cu sulphide occurrences, P-013, P-030, P-032, P-053, P-058 and
  • P-059, with significant 2015 drill intersections; four discovered by NAN
  • Follow-up drilling at multiple mineralized norite intrusions and continued systematic exploration of Maniitsoq property planned for 2016
  • Drilling and exploration targeting to benefit from robust dataset and new complimentary targeting tools

Patricia Tirschmann, vice president of exploration at North American Nickel, commented:

We’ve reached an important point in the exploration of the Maniitsoq property in that we are now identifying multiple centers of significant Ni-Cu sulphide mineralization coupled with a better understanding of the geological and structural setting as well as the nature of the mineralization and related geophysical responses. This will allow NAN to progress to the next stage of follow-up drilling using robust targeting tools to help evaluate size potential.

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

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