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North American Nickel Inc.
Summary
| Project: | Maniitsoq | |
|---|---|---|
| Deposit: | Maniitsoq | |
| Location: | Greenland | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Sulphur-Gold | |
| Date: | 12/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-12-2016: North American Nickel Inc. announces an Exploration/Drilling Update report for its Maniitsoq deposit at the Maniitsoq project. Results incl. 13.5m @ 0.35% Ni, 0.13% Cu, 0.01% Co, 2.13% S, 0.05g/t Pt, 0.02g/t Pd, 0.02g/t Au. Vancouver, British | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patricia Tirschmann (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, December 23, 2016 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company" or “NAN”) is pleased to report drilling and exploration results from the Fossilik area on their 100% owned Maniitsoq nickel-copper-cobalt-PGM sulphide project in southwest Greenland. Exploration in the Fossilik area in 2016 included drilling, prospecting, surface sampling and ground geophysical surveys. Drilling results for the P-053 and Mikissoq areas are also included. NAN CEO, Keith Morrison, commented: “The results from the 2016 drilling at P-058 have confirmed the continuity of high grade mineralization from surface to a depth of 350 metres and, importantly, increasing mineralized widths with depth. The P-058 mineralization remains open down dip and along strike and additional step-out drilling is planned in 2017. The Fossilik norite is the largest known mineralized intrusion in the Greenland Norite Belt with drill intersected nickel sulphides occurring at P-058, P-059 and P-004. Exploration in 2016 has defined new surface gossans and geophysical targets within the intrusion, including a 600 metre long trend northeast of P-004. This emerging area compares favorably with the Imiak Hill Complex in potential to host multiple mineralized zones and both areas will be a focus of drilling in 2017.” During the 2016 exploration program, 30 drill holes and two hole extensions totalling 9,596 metres were completed to test nine mineralized zones and selected regional targets. This release summarizes the results for eight holes totalling 2,963 metres completed in the P-058 (Fossilik), P-053 and Mikissoq areas (Figure 1) and concludes the reporting for the 2016 drilling program. Drill collar information and a summary of assays are provided in Tables 1 and 2, respectively. | |
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