THIRD MINERALIZED ZONE DISCOVERED NEAR SOLID TO SOLID SULPHIDE ZONE AT IMIAK NORTH, MANIITSOQ, SOUTHWEST GREENLAND

9.99m of ~30% to 40% Total Sulphides Intersected Within 55.75m of Sulphide Mineralization & Remains Open at Depth. 

Vancouver, British Columbia, September 12, 2013 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce that a new discovery has been made with diamond drill hole MQ-13-029. The discovery, named Imiak North, is 950 metres northeast of the previously announced Imiak Hill intersections  (see News Releases dated August 23 and September 5, 2013), and 1200 metres northwest of the previously announced Spotty Hill discovery (see News Release dated December 23, 2012).

These three mineralized zones are part of the newly named Imiak Hill Conduit Complex (IHCC) which is located in the northern part of the Company’s 100% owned Maniitsoq Nickel – Copper – Cobalt and PGM project in southwest Greenland. (See figure 1 and figure 2)

MQ-13-029, beginning 57.75 metres down the hole, intersected 55.75m metres of sulphide mineralization, including;

·         9.99 metre core length of near solid to solid sulphides averaging approximately 30-40% total sulphides, and

·         45.76 metre core length of disseminated, blebby and net textured sulphide mineralization averaging approximately 3 – 5% sulphides.

As at Imiak Hill and Spotty Hill, mineralization remains open at depth at Imiak North.

NAN CEO and Chair, Rick Mark, states: “We are very pleased to inform shareholders that the Company’s exploration program continues to deliver discoveries of near solid to solid sulphide mineralization at Maniitsoq.  This discovery at Imiak North is in close vicinity to Imiak Hill’s nickel, copper, cobalt mineralization and Spotty Hill’s nickel, copper, cobalt and PGM mineralization.  And, according to our borehole surveys, these mineralized zones are all open at depth. This follows the conduit model our geological team is using anticipating the nickel mineralization to accumulate in an embayment or footwall contact below these discoveries.”

A photograph of the near solid to solid sulphide mineralization in MQ-13-029 is in Figure 3.

MQ-13-029 was surveyed with a 3 component borehole electromagnetic (BHEM) system and the sulphide mineralization produced a very strong anomalous response. The interpretation of the anomaly, by Crone Geophysics and Exploration Ltd and NAN staff, indicates that the geophysical conductive plate continues further down plunge at Imiak North.

The new discovery at Imiak North occurs within a gossanous noritic outcrop, locally known as the Mikissoq showing, which was unsuccessfully tested by one shallow drill hole in the 1960s.The sulphide mineralization intersected at Imiak North occurred near the northern contact of the norite intrusion felsic gneiss.

The entire intersection for MQ-13-029 is summarized in the table below.

From

(m)

To

(m)

Length

(m)

Description

57.75

68.38

10.63

Norite heavily mineralized 5-7% total sulphide

68.38

71.22

2.84

Norite heavily mineralized 8-10% total sulphide

71.22

77.77

6.55

Norite

77.77

85.05

7.28

Norite 1-3% total sulphide

85.05

87.94

2.89

Norite heavily mineralized 8-10% total sulphide

87.94

94.27

6.33

Norite 1-3% total sulphide

94.27

103.51

9.24

Norite heavily mineralized 6-8% total sulphide

103.51

113.50

9.99

Norite near solid to solid 30-40% 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.

The Imiak North zone discovery hole (MQ-13-029) was drilled by following-up BHEM results from earlier 2013 NAN holes. The BHEM results from MQ-13-021 and MQ-13-027 outlined a strong, highly-conductive anomaly between the two holes. Hole MQ-13-021, was drilled west of MQ-13-029 and failed to return any significant mineralization, while hole MQ-13-027, drilled east of the discovery hole intersected:

·         64.11 metres of averaging 4-5% disseminated and net textured sulphides starting at a hole depth of 33.84 metres.

Figure 4 is a plan map showing the location of the three 2013 Imiak North drill holes and Figure 5 is 3D Model of Imiak North showing modelled conductor plate and drill holes.

The table below lists the collar coordinates of the Company’s holes at Imiak North. Drill core from all three holes has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis.

Hole Number

East (m) *

North (m)*

Elevation (masl)**

Azimuth (°)

DIP        (°)

Length (m)

MQ-13-021

477953

7258010

484

320

-60

155

MQ-12-027

477967

7258023

486

330

-48

170

MQ-12-029

477969

7258025

487

314

-57

143

*WGS84 UTM Zone 22N

**Metres Above Sea Level

 

To view Figures 1 to 5, please visit the following link: http://media3.marketwire.com/docs/nan0912figs1to5.pdf.

The Maniitsoq Nickel-Copper-Cobalt & PGM project in southwest Greenland contains the 70 kilometer long Greenland Norite Belt (GNB) and is 100% owned by North American Nickel.

Qualified Person

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.V: VMS) owns approximately 27.5% of NAN.

The Maniitsoq property in Greenland is a Camp scale project comprising 5,106 square km’s covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.

The first two discoveries of economic mineralization at Imiak Hill and Spotty Hill confirm the high value and potential of the GNB.

The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.

www.northamericannickel.com