North American Nickel Provides Assays, Exploration Update

Base Metals Investing

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) announced the first assays from the drill program taking place at its nickel-copper-cobalt-PGMs sulfide Maniitsoq project, located in Greenland.

North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) announced the first assays from the drill program taking place at its nickel-copper-cobalt-PGMs sulfide Maniitsoq project, located in Greenland. It also provided an exploration update for the Imiak Hill Complex.

Drill program highlights to date include:

  • Drill hole MQ-14-037 at Imiak Hill which intersected a zone containing high grade massive and semi-massive sulphide veins grading 3.07% Ni and 0.53% Cu over 11.03 m with the strongest interval grading 7.04% Ni over 0.64 metres;
  • First intersections of semi-massive sulphides veins from Spotty Hill;
  • Regional drill program defines 4 new locations of sulphide mineralization including discoveries at:Intervals of semi-massive to massive sulphide veins in several holes at Fossilik.
    • P-013 containing zones of heavily disseminated to semi-massive sulphides;
    • Pingo (P-149) with intervals of disseminated, patchy to net-textured and stringer sulphides; and
    • Camp Area (P-136) with disseminated sulphides.

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

The 2014 exploration program is progressing well and we continue to intersect nickel sulphide mineralization at both the IHC and regional exploration targets. The intersection of semi-massive and massive sulphide mineralization at Spotty Hill is very encouraging and enhances the grade profile of this sulphide zone. At Imiak Hill, mapping has outlined numerous mylonite zones and the projection of these structures into the sub-surface is helping to understand the controls on sulphide distribution. In addition, new sulphide intersections at a number of our regional exploration targets continue to provide evidence of a large magmatic event with related nickel sulphide mineralization. I look forward to the future assay results from Spotty Hill’s semi-massive to massive sulphide intercepts, P-013′s mineralization and the other strong regional discoveries.

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

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