North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt.
The Maniitsoq property in Greenland is district scale project at 4,841 square km. NAN's mineral exploration licence covers numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions. The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is ice free year round.
The Post Creek/Halycon property in Sudbury is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
The Bell Lake property in Sudbury is a 256-acre property that covers approximately one kilometre of the Mystery Offset dyke or MOD. The MOD is interpreted to be an extension of the Worthington Offset dyke which hosts the new Totten Mine of Vale and the exciting Victoria Deep deposit of Quadra FNX.
VMS Ventures Inc. (TSX VENTURE:VMS) owns approx. 45% of NAN.
Ole Christiansen, a seasoned explorationist with excellent knowledge of Greenland geology and mineral deposits, has joined North American Nickel Inc.'s advisory board. Mr. Christiansen is a recognized expert on a wide range of mineral deposit types including magmatic (nickel, copper and platinum-group element) sulphide mineralization, the main target of North American Nickel's exploration on their 100%-owned Maniitsoq property, southwest Greenland.
Ole Christiansen holds an MSc in Geology from the University of Aarhus, Denmark (1990) and has more than 25 years of experience of mineral exploration in Greenland. Ole has held various positions with Nunaoil A/S, Ujarak Minerals ApS, Greenland Business Development Corp., and subsequently the "Minerals Office" (before the creation of BMP) at the Government of Greenland. Since 1999, Ole has been the President and CEO of Nuna Minerals A/S since 1999.
NAN President and Interim CEO, Mark Fedikow, states: "We are extremely pleased that Ole Christiansen has agreed to join the Company's Technical Advisory Board and become part of a growing team providing guidance to the immediate and long term development of our Maniitsoq nickel-copper-cobalt-PGM sulphide project. Ole has been a mainstay of Greenland exploration and business development since 1999 and we look forward to his experience, technical expertise and guidance in the months and years to come as we continue to build our camp-scale nickel sulphide project at Maniitsoq."
The Company would also like to announce that it has granted incentive stock options to certain employees, consultants and advisors of the Company to 200,000 in the capital of the Company pursuant to the Company's stock option plan. The options are exercisable, August 27, 2014 at an exercise price of $0.32 per share.