More good news coming out of Greenland from North American Nickel. Read the press release below

 

24.75m of Significant Sulphide Mineralization Intersected in Drill Hole MQ-13-028

 

Mineralization Remains Open

  

Vancouver, British Columbia, September 5, 2013 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108)  (the “Company”) is pleased to announce that diamond drill hole MQ-13-028 at Imiak Hill intersected a 24.75 metre core length of near solid-solid sulphide mineralization averaging approximately 35 – 40% total sulphides within noritic host rocks. The Maniitsoq nickel-copper-cobalt & PGM project in southwest Greenland contains the 70km long Greenland Norite Belt (GNB) and is 100% owned by North American Nickel.

The intersection in MQ-13-028 is the deepest of four significant sulphide intersections made at Imiak Hill this year and extends Zone 30’s significant near solid to solid sulphide mineralization ~35 metres further down plunge from hole MQ-12-026 to an overall vertical depth of 185 metres. (See figures 1, 2 and 3). The mineralization remains open at depth.

The sulphides in MQ-12-028 were contained within two intervals of mineralized norite.  The first is 17.91m long and averages 40-45% sulphide and the second is2.40m long and contains 50-60% sulphide. The two intervals are separated by 4.44m of leucogabbro.  The entire intersection is summarized in the table below.

From

(m)

To

(m)

Length

(m)

Description

182.09

183.59

1.50

Norite, well mineralized 60-70% total sulphide

183.59

187.85

4.26

Norite, mineralized 25-30% total sulphide

187.85

190.87

3.02

Norite, well mineralized 65-75% total sulphide

190.87

192.07

1.20

Norite, well mineralized 40-50% total sulphide

192.07

193.80

1.73

Norite, well mineralized 60-70% total sulphide

193.80

195.14

1.34

Norite trace to 1% total sulphide

195.14

200.00

4.86

Norite, well mineralized 40-50% total sulphide

200.00

204.44

4.44

Leucogabbro

204.44

206.84

2.40

Norite, well mineralized 50-60% total sulphide

Note: the visual percent sulphide estimates and descriptions in this news release are not intended to suggest grades of contained metals, which will require assaying to determine. Mineral percentages are volume not weight.

MQ-13-028 was drilled to test an extremely strong “step response” type of anomaly extending below the diamond drill hole MQ-13-026, which intercepted 18.62 m of mineralized norite containing an average of 40 to 45% total sulphides within Zone 30 at Imiak Hill (see NAN August 23/13 press release for details on Zone 30 and the previous three intersections).  

MQ-13-028 was surveyed with a 3 component bore hole EM (BHEM) system and this mineralization has also produced an extremely strong “step response” type of anomaly. The interpretation of the anomaly, by Crone Geophysics and Exploration Ltd, indicates that the mineralization continues further down plunge at Imiak Hill. Drill core for MQ-13-028 has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis.

NAN CEO, Rick Mark, states: “We are extremely pleased with the continuity of the near solid to solid sulphide mineralization at Imiak Hill that we have discovered this year. It has now been intersected from near surface to below 185 metres in depth and the borehole survey tells us it remains open down plunge. That fits the nickel deposit model we are following. The Company’s technical team, led by COO Neil Richardson, Chief Geologist John Pattison and Project Manager James Sparling, continues to deliver results for our shareholders”.

As described in the August 23/13 press release, NAN has now delineated three, closely spaced, north-trending, near vertically dipping, steeply south-plunging mineralized zones at Imiak Hill. From east to west the zones have been provisionally named 10, 20 and 30 as shown in plan in Figure 1 and in three dimensions in Figure 2.  The mineralization in MQ-13-028 correlates with Zone 30, as do the other three sulphide intersections made at Imiak in 2013. A composite longitudinal section through Imiak Hill showing the locations of all intersections to date is included in Figure 3.

Since commencing the 2013 field program in late June, NAN has drilled 22 holes totaling 3,711 meters at Maniitsoq. The drill has now been moved from Imiak Hill to test other high priority, norite-associated electromagnetic anomalies prior to the end of the field season.

To view the Figures associated with this press release, please visit the following link: http://media3.marketwire.com/docs/NAN-0904-FIGS1-3.pdf

For further information visit www.northamericannickel.com