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North American Nickel Identifies More Targets at Maniitsoq Project

Charlotte McLeod
Aug. 05, 2015 11:14AM PST
Base Metals Investing

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) provided an update on 2015 exploration at its Greenland-based Maniitsoq nickel-copper-cobalt-PGMs project.

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) provided an update on 2015 exploration at its Greenland-based Maniitsoq nickel-copper-cobalt-PGMs project.
The company highlighted that an airborne VTEM survey has identified about 60 further targets “for further analysis and potential ground follow-up.”
Other key points include:

  • A 6,000m drilling program is 35% complete with first assays expected in mid-August.
  • A surface gravity survey centered on the P-013 target area has been completed and preliminary data has outlined several gravity anomalies which are coincident with magnetic highs, some of which could represent magnetic mafic to ultramafic intrusions.
  • Surface time domain electromagnetic surveys (TDEM) are currently in progress and approximately 45% complete. Two additional drill targets have been generated including one at the mineralized P-013 area and one at P-012 regional exploration target.
  • Tasking of DigitalGlobe’s Worldview-3 satellite has been initiated to acquire multispectral and high spatial resolution data across the project area.
  • The field component of a structural mapping program has been completed and is helping to define potential controls on nickel sulphide mineralization.
  • Field checking of VTEM anomalies and ltihogeochemical sampling of mafic-ultramafic intrusions across the Greenland Norite Belt (GNB) is in progress with three helicopter supported geological field crews.

Patricia Tirschmann, vice president exploration at North American Nickel, said:

With the completion of the 2015 VTEM survey, the Company now has a very robust EM dataset across the Greenland Norite Belt. Geological and surface geophysical crews are making excellent progress following up both airborne and surface EM targets and these are being prioritized for drill testing as part of the 2015 program. Geological field work is also focussed on advancing the project more quickly by developing a clearer understanding of the geological setting and the controls on mineralization as well as an efficient method for drill hole targeting. The drilling program is on schedule and we look forward to reporting first assay results.

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

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