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or Name
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North American Nickel Inc
Symbol NAN
Shares Issued 106,885,754
Close 2013-04-30 C$ 0.135
Market Cap C$ 14,429,577
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N.A. Nickel hires Westcore to drill Maniitsoq in 2013

2013-05-02 13:49 ET - News Release

Mr. Rick Mark reports

NORTH AMERICAN NICKEL INC. CONTRACTS WESTCORE DRILLING FOR THEIR 2013 MANIITSOQ (GREENLAND) DRILL PROGRAM

North American Nickel Inc. has awarded a drill contract to Westcore Drilling from Salmo, B.C., for the company's 2013 summer drill program on its 100-per-cent-owned Maniitsoq property. The program is scheduled to begin in June, 2013.

A minimum of 3,000 metres is planned to extend high-grade nickel-copper-platinum group sulphide mineralization discovered in 2012 that is open at depth and to assess high-priority previously untested VTEM conductors.

The targets to be tested at depth occur within the 75-kilometre-long-by-15-kilometre-wide Greenland norite belt (GNB) and include:

  • Imiak Hill, with mineralization intersected in 2012 that returned 66.08 metres at 0.55 per cent nickel, 0.2 per cent copper and 0.02 per cent cobalt, including 14.18 metres at 1.33 per cent nickel, 0.38 per cent copper and 0.04 per cent cobalt;
  • Spotty Hill, with a 2012 drill intersection of 123.94 metres that graded 0.81 per cent nickel, 0.21 per cent copper, 0.03 per cent cobalt and 0.26 gram per tonne (g/t) total precious metals (TPM (platinum plus palladium plus gold)), including 24.2 metres at 1.75 per cent nickel, 0.34 per cent copper, 0.06 per cent cobalt and 0.52 g/t TPM.

Two new and highly conductive anomalies will also be tested by the 2013 drill program. Target P-63 is an untested, norite-hosted anomaly that occurs along the edge of a 1.5-kilometre-by-0.9-kilometre norite intrusion in the southern part of the GNB. It tops out 73 metres below surface, is 14 metres thick, with an initial strike length of 58 metres, and dips to the northwest for 1,057 metres.

The second target is an offhole conductor at Imiak Hill, downplunge of significant intersections made by NAN in 2012.

Further details of these target areas are available in the company's March 20, 2013, news release, available on the company website.

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