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North American Nickel Inc.
Summary
| Project: | Maniitsoq | |
|---|---|---|
| Deposit: | Maniitsoq | |
| Location: | Greenland | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Sulphur-Gold | |
| Date: | 10/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-10-2016: North American Nickel Inc. announces an Exploration/Drilling Update report for its Maniitsoq deposit at the Maniitsoq project. Results incl. 74.05m @ 1.08%Ni, 0.54% Cu, 0.03% Co, 0.03g/t Pt, 0.02g/t Pd, 0.06g/t Au. VANCOUVER, BRITISH COLUMBIA- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patricia Tirschmann (Internal) | |
| ABSTRACT: | VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 31, 2016) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF)(CUSIP:65704T 108) (the "Company" or "NAN") is pleased to report that assays have been received from three 2016 drill holes completed at the Mikissoq target in the Imiak Hill Complex(IHC) area on their 100% owned Maniitsoq nickel-copper-cobalt-PGM sulphide project in southwest Greenland. The Company completed a total of 9,596 metres of drilling during the 2016 exploration program.The initial 2016 drill hole (MQ-16-113) tested a borehole electromagnetic (BHEM) anomaly beneath existing drilling and intersected a wide new zone of norite-hosted nickel and copper sulphide mineralization. Two additional holes (MQ-16-117 & 118) intersected the down dip extension of the same zone. NAN CEO, Keith Morrison, commented: "These exceptional new drill results at Mikissoq have transformed the target from a small area of near surface mineralization into a wide lens of high nickel tenor magmatic sulphides that extends to a vertical depth of 350 metres and remains open. The discovery of this new zone contributes to existing zones at both Imiak Hill and Spotty Hill, all located with 1.5 kilometres of each other. Defining the size of Mikissoq will be a priority for NAN next year."This release summarizes the results for three holes totalling 1,167 metres completed at the Mikissoq target in the IHC area which is located in central portion of the Greenland Norite Belt (Figure 1). One additional hole has been completed at Mikissoq for which assays are pending. Drill collar information and a summary of assays are provided in Tables 1 and 2, respectively. A drill plan and drill cross section are given in Figures 2 and 3, respectively. Figures may be viewed using the link provided with this release: http://media3.marketwire.com/docs/1074406_F1-3.pdf. | |
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