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.
North American Nickel Inc. has awarded a drill contract to Westcore Drilling from Salmo, B.C., for the company's 2013 summer drill program on its 100-per-cent-owned Maniitsoq property. The program is scheduled to begin in June, 2013.
A minimum of 3,000 meters is planned to extend high grade nickel-copper-platinum group sulphide mineralization discovered in 2012 that is open at depth and to assess high priority previously untested VTEM conductors.
The targets to be tested at depth occur within the 75 km long by 15 km wide Greenland Norite Belt (GNB) and include:
(i) Imiak Hill with mineralization intersected in 2012 that returned 66.08 meters (m) @ 0.55% nickel, 0.2% copper & 0.02% cobalt including 14.18 m @ 1.33% nickel, 0.38% copper and 0.04% cobalt, and,
(ii) Spotty Hill with a 2012 drill intersection of 123.94 m that graded: 0.81% nickel, 0.21% copper, 0.03% cobalt and 0.26 g/t total precious metals ("TPM"; platinum+palladium+gold) including: 24.20 m @ 1.75% nickel, 0.34% copper, 0.06% cobalt and 0.52 g/t TPM.
Two new and highly conductive anomalies will also be tested by the 2013 drill program. Target P-63 is an untested, norite-hosted anomaly that occurs along the edge of 1.5 km by 0.9 km norite intrusion in the southern part of the GNB. It tops out 73 m below surface, is 14 m thick, with an initial strike length of 58 m and dips to the northwest for 1,057 m.
The second target is an off hole conductor at Imiak Hill, down plunge of significant intersections made by NAN in 2012.
Further details of these target areas are available in the Company's March 20, 2013 news release, available on their website (www.northamericannickel.com).
