|North American Nickel Inc. (TSX-V:NAN) (OTCBB:WSCRF) (CUSIP:65704T 108) is pleased to announce plans are now being implemented to begin its 2014 exploration and drill programs at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.
— Air Greenland has been selected again this year to provide helicopter
support for all of NAN’s field programs. Their experienced pilots and
favourable terms insure quality service at competitive pricing for all
our exploration activities, including drilling.
— Tenders for camp and logistics services are being evaluated and will be
awarded in the coming week.
— Tenders for surface TDEM and gravity surveys will also be awarded in the
coming week. The ground teams are scheduled to begin work in mid-April.
The purpose of these surveys is to assist in identifying deep targets at
the Imiak Hill Conduit Complex and the Fossilik showing, which is
approximately nine km to the south of the IHCC. The programs and
analyses are scheduled to be completed by the end of May, in advance of
the 2014 drill program.
— Drill tenders have been received and will be awarded by the end of
March. Drilling is scheduled to begin in early June this year with an
aggressive program at the IHCC, the site of high grade intersections
including, at Imiak Hill, MQ-13-026: 18.62m core length grading 4.31% Ni
0.62% Cu and 0.14% Co from 156.70m to 175.32m, announced on October 10,
More than one hundred new conductive targets identified from our 2013 airborne EM survey have now been reviewed based on their geophysical responses. Those targets interpreted to be high priority will be assessed by surface prospecting and geological mapping and then prioritized for the regional drill program, which is planned to be supported by a second drill, scheduled to begin in early July.
North American Nickel CEO, Rick Mark, states: “We have learned a great deal about working in Greenland and even more about the northern portion of our 100% owned, Sudbury-basin sized property located in the moderate climate of southwest Greenland. The incredible high grade intersections from the Imiak Hill Conduit Complex last year have captured the nickel world’s attention. Our geological model is supported by the mineralization improving as we go deeper and the three mineralized conduits at the IHCC being open at depth. We are committed to aggressively drilling to test for underlying nickel sulphide deposits. The grade is evident; this year we plan to build the tonnage. It will be an exciting year for all of our shareholders.”
All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company and President, North American Nickel Inc.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt. VMS Ventures Inc. (TSX VENTURE:VMS) owns approximately 23.9% of NAN.
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