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    nickel investing

    North American Nickel Awarded New Mineral Licences in Greenland

    Scott Tibballs
    Jul. 09, 2018 02:13PM PST
    Base Metals Investing

    North American Nickel has announced that it has been awarded two new mineral licences over highly prospective ground near its Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.

    North American Nickel (TSXV:NAN) has announced that it has been awarded two new mineral licences over highly prospective ground near its Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.

    According to the company it has been awarded a mineral licence over a highly prospective block of ground to the west of the Fossilik Intrusion in an area which has very limited nickel exploration, and contains the Qeqertassaq Carbonatite Complex. In 2018 a program of compilation, field work, surface geochemistry and EM is planned to follow-up on historic drill intersections of rare metal mineralogy associated with the Carbonatite Complex and untested conductive targets from a previous Geotem survey.

    As quoted in the press release:

    In addition a mineral licence has been awarded to North American Nickel over the Niaqomarssuit ultramafic intrusion located west of Kangerlusuaq Airport known as Ikertoq. Previous work has identified high grade nickel sulphide mineralization (up to 5.2 percent nickel) and nickel sulfide tenors averaging 16 wt percent have been encountered in surface samples. Compilation work will support the design of a surface mapping and sampling program to support further exploration for nickel-cobalt sulfide mineralization in the keel and roots of this intrusion.

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

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