There has been another discovery of high grade nickel at Imiak Hill, please see press release below.

55.75m of 1.28% Ni incl. 9.99m of 4.65% Ni Intersected  

Vancouver, British Columbia, October 23, 2013 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce a new discovery of high grade nickel and copper-cobalt-PGM mineralization at Imiak North, 950m north of Imiak Hill, and additional copper-nickel-cobalt and elevated-PGM mineralization at Spotty Hill, 1350m east of Imiak Hill.

Imiak North and Spotty Hill are two of three mineralized conduits at the Imiak Hill Conduit Complex (IHCC) located in the northern part of the Company’s 100% owned Maniitsoq Nickel – Copper – Cobalt and PGM sulphide project in southwest Greenland (See fig. 1 for the IHCC, fig. 2 for Imiak North, and fig. 3 for Spotty Hill).

IMIAK NORTH

DDH MQ-13-029: at 58m down the hole:

  • Intersected 55.75m grading: 1.28% nickel, 0.36% copper, 0.04% cobalt, and 0.03 g/t PGM
    • Including: 9.99m of 4.65% nickel, 0.33% copper, 0.13% cobalt and 0.08 g/t PGM

DDH MQ-13-027: at 34m down the hole:

  • Intersected 64.11m grading: 0.45% nickel, 0.20% copper, 0.01% cobalt and 0.02 g/t PGM
    • Including: 24.98m of 0.71% nickel, 0.31% copper, 0.01% cobalt and 0.04 g/t PGM

 

SPOTTY HILL

DDH MQ-13-022: at 197m down the hole:

  • Intersected 20.07m grading: 0.68% nickel, 0.28% copper, 0.02% cobalt and 0.32 g/t PGM

 

  • Including: 2.07m of 2.03% nickel, 0.11% copper, 0.07% cobalt and 0.78 g/t PGM

Hole MQ-13-022 was drilled to the southeast of hole MQ-12-005 and intersected the eastern edge of the previously discovered mineralized conduit at Spotty Hill.  This conduit is a body plunging steeply to the east with the heart of the system lying to the north and below hole MQ-13-022.  The conduit is open at depth and additional drilling will test the down plunge potential of this nickel-copper-PGM system.

NAN COO, Neil Richardson, states: “We are very pleased to see that our near solid sulphide discovery at Imiak North contains high grades of nickel, copper, and cobalt. It is also good news that the disseminated sulphide intersections at Imiak North have significant nickel, copper and PGMs.  In MQ-13-022, the third drill hole at Spotty Hill since drilling began at Maniitsoq in 2012, we again see higher grade platinum and palladium mineralization within disseminated sulphides.  This geological setting continues to resemble distal style sulphides with elevated PGMs as seen in Sudbury footwall deposits.  These results from Imiak North and Spotty Hill reinforce our geological model for the IHCC and both remain open at depth.”

Mineralized intervals continue to be hosted within dark colored green-grey massive and weakly magnetic norite with occasional clasts of medium to coarse grained norite in mineralized intervals.

Drill logs and additional maps is available on the company’s website at http://www.northamericannickel.com/

Drill core assay results are evaluated as part of a Quality Assurance and Quality Control procedure that includes the use of multi-element, certified standards with known precious and base metal values, blank standards and control charts to determine accuracy and precision of analytical results. Core sample analysis was completed by ALS Scandinavia AS of Ojebyn, Sweden. Three methods of analysis were used to determine element concentrations in the rock samples submitted to ALS. These were 1. A multi-element scan, subsequent to a four-acid digestion and ICP/ICP-AES finish; 2. Au, Pt and Pd lead fire assay on a 30 gram sample with ICP-AES finish; and 3. Samples with >1.00% Ni or Cu were re-analyzed by ICP-AES calibrated for ore grade detection limits. Samples with >0.50% S were re-analyzed by Leco furnace and infrared spectroscopy.

The Maniitsoq nickel-copper-cobalt & PGM project in southwest Greenland contains the 75km-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.