Dear North American Nickel Followers:

The announcement today relates to a significant scientific discovery on our Maniitsoq Ni-Cu-PGE project in Southwest Greenland. A team of European scientists have announced and published proof that our property is home to a major ancient meteor impact site and also that it is the oldest impact site yet discovered on the planet.

The news of the scientific discovery is getting a lot of press coverage and NAN is being introduced to a much wider audience as a result. One such article is accessible by the following link:

http://www.canada.com/news/national/Ancient+Greenland+crater+find+good+news+Canadian+nickel+miner/6890084/story.html

The work that these scientists have now published is exciting news and places an enormous and unique geological event right in the middle of our area of exploration.

The Maniitsoq project is situated in southwest Greenland and North American Nickel is currently conducting a 3,000 line-kilometer helicopter-borne electromagnetic survey over the GNB.  Priority geophysical anomalies identified by the survey will be drilled later in the summer.

Many impact-related deposits are known around the world and are of substantial size. Examples include the Vredefort crater in the Free State Province of South Africa – the biggest and second oldest impact crater on Earth and the home of some of the world’s richest gold deposits. The Sudbury Structure in Ontario, Canada, is the world’s second-largest impact crater and hosts the world’s largest deposit of nickel–platinum ore.
The Sudbury area is a 1.85 billion year old meteorite impact crater and the first mineral discoveries were made in 1883.
The total ore mined to date in Sudbury is approximately 1.7 billion tonnes with 40 billion pounds of nickel, 36 billion pounds of copper, 70 million ounces of platinum, palladium and gold and 283 million ounces of silver recovered. Total historic production and current known reserves in Sudbury represent a one trillion dollar value.