North American Nickel Confirms Exploration Potential at P-030, P-053 Targets

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) announced assay and borehole electromagnetic survey results for drill holes aimed at testing the P-030 and P-053 regional targets at its Greenland-based Maniitsoq nickel-copper-cobalt-PGM project.

Highlights include:

• MQ-14-070 (P-030): 20.10 metres of 0.63% Ni, 0.20% Cu and 0.18 g/t Pt+Pd+Au including:
  • 1.86% Ni, 0.52% Cu and 0.49 g/t Pt+Pd+Au over 1.2 metres; and
  • 1.99% Ni, 0.33% Cu and 0.42 g/t Pt+Pd+Au over 0.75 metres
• MQ-14-071 (P-053): Three high conductance off-hole anomalies detected in a fluxgate borehole electromagnetic (EM) survey and located at the same depth as narrow chalcopyrite-rich stringer sulphides grading up 0.85% Ni, 1.80% Cu and 0.56 g/t Pt+Pd+Au over 0.24 metres.

Mark Fedikow, president and interim CEO at North American Nickel, commented:

These positive assays containing elevated Ni, Cu and PGM values and strong borehole geophysical results confirm the exploration potential at the P-030 and P-053 targets. In particular, the exceptional and multiple off-hole conductors at P-053 are interpreted to be sulphide-related and hosted within mineralized norite. These are some of the most significant down hole conductors defined and measured at Maniitsoq to date.

Importantly these results confirm the Ni-Cu-PGM potential of Maniitsoq from the Northern Zone (Pingo) through the Central Area (Imiak Hill Complex, Fossilik, P-013) to the Southern Coastal Zone (P-053), adding to the growing list of discoveries and sulphide prospects by the Company.

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