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North American Nickel Inc.
Summary
| Project: | Maniitsoq | |
|---|---|---|
| Deposit: | Maniitsoq | |
| Location: | Greenland | |
| Commodities: | Nickel-Copper-PGM | |
| Date: | 3/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-3-2017: North American Nickel Inc. announces an Exploration/Drilling Update report for its Maniitsoq deposit at the Maniitsoq project. Summary of property to demonstrate its merit and to support financial efforts. The Maniitsoq project is an advanced n | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Lars Weiershauser, Jean-Francois Ravenelle (SRK Consulting (Canada) Inc.) | |
| ABSTRACT: | The Maniitsoq project is an advanced nickel-copper-cobalt-PGM (platinum group metals) sulphide exploration project located on the southwest coast of Greenland. SRK Consulting (Canada) Inc. (SRK) was commissioned by North American Nickel Inc. (North American Nickel) to visit the property to review the geological setting, and available exploration core, and to prepare an updated independent technical report in compliance with Canadian Securities Administrators’ National Instrument 43-101 and Form 43-101F. This technical report summarizes the technical information available about the Maniitsoq project to demonstrate its merit and to support financing efforts by North American Nickel. This technical report supersedes a previous technical report with an effective date of March 24, 2016. Based on this review, SRK concludes that the Maniitsoq project presents attractive exploration potential for nickel-copper-cobalt-PGM sulphide mineralization in a mining friendly, politically safe and stable jurisdiction. SRK concludes that this property is of merit as an exploration property that warrants further exploration expenditures. The geological setting and character of the nickel-copper sulphide mineralization identified to date on the Maniitsoq property are of sufficient merit to justify additional exploration expenditures. SRK recommends a work program that includes additional core drilling, geophysical surveying, geological mapping, and 3D modelling, primarily focussed on the Imiak Hill Complex and Fossilik areas where one or more discrete sulphide zones have been defined by drilling, and where multiple exploration targets remain to be tested. | |
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