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North American Nickel Inc.
Summary
| Project: | Maniitsoq | |
|---|---|---|
| Deposit: | Maniitsoq | |
| Location: | Greenland | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Sulphur-Gold | |
| Date: | 9/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-9-2016: North American Nickel Inc. announces an Exploration/Drilling Update report for its Maniitsoq deposit at the Maniitsoq project. Drilling results incl. 20.05m @ 0.88% Ni Eq from 97.45m. Vancouver, British Columbia, September 20, 2016 – North Amer | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patricia Tirschmann (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, September 20, 2016 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company" or “NAN”) is pleased to report that first assays have been received from the diamond drilling program that commenced in late June at their 100% owned Maniitsoq nickel-copper-cobalt-PGM sulphide project in southwest Greenland. The Company’s key exploration objective this year is to carry out follow-up drilling at multiple mineralized targets, prioritized from previous drilling, to prove size potential and to determine if one or more zones have the potential to warrant delineation drilling. The Company expects to complete between 9,500 and 10,000 metres of drilling at Maniitsoq during the current program. Three holes completed to test the P-053 norite intrusion intersected magmatic and remobilized nickel sulphides expanding the area of known mineralization to the east and down plunge and indicating the potential for a second mineralized zone. NAN CEO, Keith Morrison, commented: “The expansion of the P-053 nickel sulphide zone delineated by these drill results demonstrates the success of this year’s newly implemented and refined drill hole targeting methodologies (see NAN News Release dated November 25, 2015) and also shows that the first of several nickel sulphide zones to be followed up across the property has increased in size and remains open. Now that these initial assay results have been received from the laboratory, we look forward to reporting results from the remaining areas at regular intervals over the next couple of months.” | |
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