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North American Nickel Reports Additional Assays From Maniitsoq

Teresa Matich
Sep. 29, 2014 10:47AM PST
Base Metals Investing

North American Nickel (TSXV:NAN) has reported additional results from its 2014 exploration program at its wholly owned Maniitsoq project in Greenland. The company reported results from 23 drill holes, and is still awaiting results from 12 holes.

North American Nickel (TSXV:NAN) has reported additional results from its 2014 exploration program at its wholly owned Maniitsoq project in Greenland. The company reported results from 23 drill holes, and is still awaiting results from 12 holes.

As quoted in the press release, highlights of the drill program included:

  • Regional hole MQ-14-054 (P-058) intersected 1.72% Ni and 0.26% Cu over 5.58 metres. All four holes drilled at the P-058 target intersected high grade massive sulphide veins returning values of up to 6.18% Ni and up to 3.95% Cu.
  • Regional hole MQ-14-041 (P-149) intersected 0.36% Ni, 0.17% Cu and 0.15 g/t Pt+Pd+Au over 23.2m including 3.31% Ni, 0.61% Cu and 0.27 g/t Pt+Pd+Au over 0.5 metres in norite-hosted disseminated sulphides. The P-149 (Pingo) target area is located 25 kilometres northwest of the Imiak Hill Complex and outside of the currently defined Greenland Norite Belt.
  • Regional hole MQ-14-051 (P-004) intersected 0.94% Ni, 0.17% Cu and 0.99 g/t Pt+Pd+Au over 4.31 metres.
  • Assays are pending for disseminated to semi-massive sulphide intersections at the regional targets P-013, P-030 and P-053.
  • MQ-14-058 (Spotty Hill) intersected two intervals of strongly disseminated sulphides grading 0.52% Ni, 0.16% Cu and 0.18 g/t Pt+Pd+Au over 38.65 metres and 0.55% Ni, 0.11% Cu and 0.2 g/t Pt+Pd+Au over 10.5 metres within a much larger interval of weakly disseminated sulphide grading 0.28% Ni and 0.08% Cu over 130.56 metres.
  • Assays are pending for semi-massive and massive sulphide intersections from Imiak Hill, Mikissoq and Spotty Hill.

North American Nickel president and interim CEO, Mark Fedikow, said:

At the end of the year, with all assays returned, I am confident that we can communicate to our investors and supporters that North American Nickel via its 2014 exploration drilling and geophysical program has identified significant sulphide mineralization along the entire length of the Maniitsoq property.

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

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