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North American Nickel Inc.
Summary
| Project: | Maniitsoq | |
|---|---|---|
| Deposit: | P-030-032 | |
| Location: | Greenland | |
| Commodities: | Nickel-Copper-Cobalt-PGM-Sulphur-Gold | |
| Date: | 12/16/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-12-2016: North American Nickel Inc. announces an Exploration/Drilling Update report for its P-030-032 deposit at the Maniitsoq project. Results incl. 24.00m @ 0.23% Ni, 0.05% Cu, 0.01% Co, 1.16% S, 0.02g/t Pt, 0.01g/t Pd, 0.01g/t Au. Vancouver, British | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patricia Tirschmann (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, December 16, 2016 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company" or “NAN”) is pleased to report exploration results from the P-030-032 target area on their 100% owned Maniitsoq nickel-copper-cobaltPGM sulphide project in southwest Greenland. Exploration in this area in 2016 included drilling, prospecting, surface sampling and ground geophysical surveys. NAN CEO, Keith Morrison, commented: “The primary objective of our 2016 program was to prioritize zones that merit definition drilling starting in 2017. These results, although positive, are not compelling when compared with the results already press released this year from Mikissoq, Spotty Hill, Fossilik and P-013 SE. NAN is currently planning up to 20,000 metres of drilling for these areas in 2017.” The P-30-032 norite intrusion hosts a series of surface gossans and discrete geophysical targets with associated nickel-copper sulphide mineralization intersected in drilling. Work completed in 2016 has resulted in the discovery of a new nickel sulphide occurrence at P-094 and additional mineralized intersections at P-030 and P-032. In addition, the gradient IP survey successfully outlined a number of chargeability anomalies within and adjacent to the intrusion. Some of these anomalies can be directly correlated with surface gossans and mineralization intersected in drilling and others remain untested and unexplained. | |
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