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North American Nickel Announces the Sentient Group Exercises Warrants

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 2, 2013) - North American Nickel Inc. (TSX VENTURE:NAN) (OTCBB:WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce that The Sentient Group (“Sentient”) has exercised 18,276,199 common share purchase warrants (the “NAN Warrants”) of North American Nickel Inc. (“NAN”) at a price of CAD$0.21 per unit for aggregate gross proceeds of up to CAD $3,838,001.79 representing approximately 14.96% of the outstanding common shares of NAN (the “NAN Shares”).

Taking into account the exercise of the NAN Warrants, Sentient now owns over 54,828,598 NAN Shares, representing approximately 39.04% of the 140,456,084 issued NAN Shares.

The issued and outstanding common shares of NAN is 148,464,084. Following this transaction, NAN will have an updated cash position of $7.5 million.

Rick Mark, CEO of North American Nickel states: “We are very pleased that our strategic partner, The Sentient Group, has chosen to exercise all of their warrants today. Their commitment to the Company and to our 100% owned Maniitsoq Ni-Cu-Co-PGM Project in Southwest Greenland is clear. They are engaged with management regularly and bring their experience and world view to bear in the planning and execution at Maniitsoq.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

North American Nickel Inc.

http://www.northamericannickel.com

NAN news: New Nickel Discovery Within the Fossilik Norite at Maniitsoq Project

New Nickel Discovery Within the Fossilik Norite at Maniitsoq Project;

Drill Program Ends, Assays Pending for Imiak Hill Conduit Complex

 

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 26, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP:65704T 108) (the “Company”) is pleased to announce that the Company has made a new discovery at drill hole MQ-13-018, which is ~9 km south of the Imiak Hill Conduit Complex (IHCC). It intersected three new zones of nickel sulphide; all hosted by the Fossilik intrusion, which is the largest norite body in the Greenland Norite Belt at ~8 sq. km. MQ-13-018 is associated with NAN’s 2012 VTEM conductor P-04.

This new discovery is within a 10km radius from the Imiak Hill Conduit Complex, which the Company believes to be a reasonable distance to truck mineralization to a potential central mining / concentrating complex at, or near, Imiak Hill (see map 1).

NAN CEO, Rick Mark states. “This discovery is only 9 km from our recently announced near solid to solid sulphide intersections at Imiak Hill and Imiak North. It has significant near surface Ni-Cu-Co & PGM mineralization which is disseminated, similar to mineralization at Spotty Hill within the IHCC. The Fossilik norite also contains historical mineralized zones with grades of up to 2.24% Ni and 0.63% Cu. It creates a new area of focus for the company and bolsters our belief that the Maniitsoq conduit system has potential to produce multiple deposits.”

MQ-13-018 HIGHLIGHTS:

  • 32.19m @ 0.59% NI, 0.18% Cu, 0.02% Co, 0.21 g/t PGM (Zone 1)

Including:

  • 4.53m @ 1.06% Ni, 0.23% Cu, 0.04% Co, 0.33 g/t PGM

The mineralization was intersected between 35 and 160 m vertically below surface and it consists mainly of disseminated and blebby sulphides with occasional short intervals of inclusion bearing sulphide. All of the sulphides are hosted in massive melanocratic norite.

The Fossilik intrusion also hosts several historical showings including the Fossilik I and II occurrences:

  • Fossilik II includes historical drill holes with grades of up to 2.24% Ni and0.63% Cu over a core length of 12.89 metres in drill hole FoIl-1
  • Fossilik I includes historical drill holes with grades of 1.07% Ni and 0.46% Cuover a core length of 25.10 metres in drill hole F-3.

Table 1 below summarizes the assay results for MQ-13-018. All three mineralized zones are hosted in massive, non-foliated, melanocratic norite.

Table 1: MQ-13-018 significant assays

From
(m)

To
(m)

Length
(m)

Ni
(%)

Cu
(%)

Co
(%)

Pt
(g/t)

Pd
(g/t)

Au
(g/t)

Total
PGM*

S
(%)

Zone 1

40.24

72.43

32.19

0.59

0.18

0.02

0.10

0.03

0.08

0.21

2.94

  Incl.

51.75

56.28

4.53

1.06

0.23

0.04

0.20

0.04

0.09

0.33

5.97

 

Zone 2

94.00

120.00

26.00

0.24

0.11

0.01

0.07

0.02

0.07

0.16

1.31

  incl.

108.00

117.00

9.00

0.42

0.15

0.02

0.14

0.03

0.10

0.27

2.38

 

Zone 3

173.29

182.00

8.71

0.26

0.15

0.01

0.04

0.01

0.07

0.12

1.04

Note: all lengths are core lengths, true widths are unknown.

Hole collar information (WGS84 / UTM22N) 474324E / 7248800N / 695 masl, azimuth 50, dip -60, length 182 metres. (masl = metres above sea level)

The 2013 exploration program at Maniitsoq has come to an end, with 25 diamond drill holes completed for a total of 4266 metres. The drilling focused on numerous VTEM anomalies and existing Ni – Cu occurrences within the Greenland Norite Belt (GNB). A total of 1541 core samples have been submitted for analysis. All 2011 and 2012 targets (116) have been field checked by NAN geologists with a total of 238 field locations reviewed for mineralization and geological information. A total of 104 rock samples were analyzed and the NAN exploration team collected a total of 150 channel samples over mineralized areas of interest.

North American Nickel – THIRD MINERALIZED ZONE DISCOVERED NEAR SOLID TO SOLID SULPHIDE ZONE AT IMIAK NORTH, MANIITSOQ, SOUTHWEST GREENLAND

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

North American Nickel extends near solid to solid Sulphide Mineralization at Manitsoq Greenland

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

Valdor receives purchase order from Canadian Telecom

INITIAL PURCHASE ORDER FROM CANADIAN TELECOM

                                                             

Hayward, California – August 23, 2013:  Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) is pleased to report that Valdor’s operating subsidiary, Valdor Fiber Optics, Inc., has received an initial purchase order from a Canadian telecom company.  In January 2013, this telecom installed several units of one of Valdor’s harsh environment products into their fibre network and these units have met or exceeded all technical requirements.  This purchase order has been filled and discussions are ongoing relative to the purchase of additional quantities of this and other Valdor products, to help this telecom meet their FTTx (fibre-to-the-home, fibre-to-the-curb, fibre-to-the-business, etc) installation needs. 

There are ten regional and national telecoms in Canada; ranging from the government owned SaskTel to the national and publically owned Bell Canada.  Currently, the telecom sector, as it relates to FTTx, is the largest global market for fibre optic products, and this telecom FTTx market accounts for about 80% of global fibre optic expenditures.  In North America fibre-to-the-home is at only 5% penetration.  For the vendor, the telecom market is a difficult one to penetrate due to its extensive requirements for high quality products and services.  It is estimated that the telecom market for passive and active FTTx products, for Canada only, will be in excess of $300 million/year, for at least the next five years.  The telecom FTTx market is much larger in the USA.  Valdor’s objective is to capture a significant share of this market.

Mr. Ron Boyce, Director/Vice-President Sales & Marketing, states: “I see this as a gateway purchase order for Valdor ultimately doing more business with this specific telecom, but in the big picture, for us doing significant business with other Canadian, North American, Central American and South American telecoms.”

About the Fibre Optics Industry: Fibre optics is the future of communications. The signal transmission business is in the early stages of a fibre optics bull market.  All signal transmission, in their many and various forms, are being converted from electrical to fiber optics.  A comprehensive global report on the fibre optic components market projects that it will reach US$42 billion by the year 2017.  

About Valdor Technology International Inc. (www.valdortech.com): Valdor is a high technology fibre optic components company specializing in the design and manufacture of fibre optic connectors, laser pigtails, splitters, and other optical and optoelectronic components, including some that use the Valdor proprietary and patented Impact Mount™ technology.  Valdor specializes in harsh environment products and in particular splitters and connectors.

For more information on Valdor’s product lines please visit www.valdor.com.

North American Nickel Inc – Significant Near Solid to Solid Sulphide Mineralization Intersected

The Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth
Please read news release below for information. There is also an interesting interview with the CEO of NAN that you may be interested in viewing

The Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 23, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce that diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 – 45% total sulphides, including numerous sections containing 65% to 80% sulphides, within noritic host rocks at the Imiak Hill nickel-copper-cobalt zone on the Maniitsoq project.(see MQ-13-026 table). This is the deepest of three sulphide intersections, all described in this release, that have been drilled at Imiak Hill in 2013. Drill core has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis. Assay results for all three holes are pending and further drilling is planned.

Figure 1 is a high-resolution photograph that documents the entire 18.62 m long intersection in MQ-13-026, which includes inclusion-bearing near solid and solid sulphides

NAN COO, Neil Richardson, states: “We are pleased to report that drill hole MQ 13-026 is the best intersection we have seen to date with intense sulphides clearly present and our BHEM surveys indicate that Imiak Hill is still open down plunge. It is also important to note is that the intensity of the sulphide mineralization, as shown in the three holes referenced in this release, is increasing with depth. It is common knowledge that most nickel deposits occur at, or near the base of, mafic intrusions, so we will continue to follow the high grade mineralization down towards the base of the Imiak Hill mafic norite intrusion with additional drilling and borehole geophysics.”

Drill hole MQ-13-026 intersected near solid to solid sulphides with numerous sections containing 65-80% total sulphides. A description of the intersection is given in the table below:

MQ-13-026 Sulphide intersection

From (m) To (m) Length (m) Description
156.70 157.16 0.46 Norite, well mineralized, 25% sulphide
157.16 161.17 4.01 Norite, near solid sulphide, 75% sulphide
161.17 162.10 0.93 Norite, well mineralized, 20% sulphide
162.10 162.53 0.43 Norite, near solid sulphide, 75% sulphide
162.53 164.00 1.47 Norite
164.00 164.42 0.42 Norite, near solid sulphide, 85% sulphide
164.42 165.20 0.78 Norite, well mineralized, 30% sulphide
165.20 165.94 0.74 Norite, near solid sulphide, 85% sulphide
165.94 166.97 1.03 Norite, 2-3% sulphide
166.97 167.62 0.65 Norite, near solid sulphide, 70% sulphide
167.62 168.00 0.38 Norite
168.00 168.20 0.20 Norite, near solid sulphide, 70% sulphide
168.20 168.77 0.57 Norite, well mineralized, 40% sulphide
168.77 172.07 3.30 Norite, near solid sulphide, 75% sulphide
172.07 172.61 0.54 Norite
172.61 175.32 2.71 Norite, near solid sulphide, 70% 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 MQ-13-026 intersection occurs 142 to 159 m vertically below surface and is currently the deepest at Imiak, which suggests that the intensity of sulphide mineralization in the noritic host rock is increasing with depth. The hole was surveyed with a 3 component bore hole EM (BHEM) system and the mineralization produced an extremely strong “step response” type of anomaly. Interpretation by Crone Geophysics and Exploration Ltd. indicates that the mineralization continues down plunge.

North American Nickel 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 on the attached plan map (Figure 2). The mineralization in MQ-13-026correlates with Zone 30. A composite longitudinal section through Imiak Hill with all the intersections to date is included (Figure 3).

Sulphide textures, such as inclusion bearing massive and semi-massive sulphide, in MQ-13-026 are similar to those observed in the mineralized 2012 Imiak drill holes (MQ-12-001 and MQ-12-002); however, the volume percentage of sulphide in MQ-13-026 is significantly higher.

Drill hole MQ-13-024 intersected a 14.15 metre long interval of well mineralized to semi massive sulphides with an estimated average of 30-35% total sulphides approximately 36 metres up-plunge of MQ-13-026. This intersection also correlates with Zone 30. The hole was surveyed with a Crone 3D BHEM system and the resulting interpreted conductor plate fits well with Zone 30 as outlined from drilling.

MQ-13-024 Sulphide intersection

From (m) To (m) Length (m) Description
136.75 141.98 5.23 Norite, strongly mineralized 50% sulphide
141.98 145.61 3.63 Norite
145.61 146.53 0.92 Norite strongly mineralized 30-40% sulphide
146.53 148.15 1.62 Norite
148.15 150.90 2.75 Norite, strongly mineralized 50-60% sulphide
150.90 153.31 2.41 Norite 2-3% 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.

Drill hole MQ-13-019, located 30 metres up-plunge of MQ-13-024 and 66 metres up-plunge of MQ-13-026 intersected 10.75 metres of sulphide mineralization that also correlates with Zone 30. This mineralization is more disseminated in nature. The hole was surveyed with the Crone BHEM instrument and a late channel (strong) off-hole anomaly was detected below and south of the hole.

MQ-13-019 Sulphide intersection

From (m) To (m) Length (m) Description
118.09 118.93 0.84 Norite,10-15% sulphide
118.93 120.52 1.59 Norite, 20-25% sulphide
120.52 121.65 1.13 90% sulphide, 10% norite gangue
121.65 128.84 7.19 Norite, 5% sulphide in small massive bands

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.

To conclude, the mineralization at Imiak is open at depth and the geological team continues to develop a geological model that currently includes at least three zones of mineralization. The latest drilling indicates that the mineralization is strengthening with depth, producing late channel off-hole BHEM anomalies.

Since commencing the 2013 field program in late June, NAN has drilled 27 holes totaling 3037 meters at Maniitsoq. Drilling continues.

Collar coordinates for all of the Company’s drill holes at Imiak are listed in the table below.

Hole Number

East (m) *

North (m)*

Elevation
(masl)

Azimuth
(°)

DIP
(°)

Length
(m)

MQ-12-001

477455

7257225

546

275

-45

106.07

MQ-12-002

477455

7257225

546

275

-70

173.12

MQ-12-003

477485

7257186

543

275

-73

292

MQ-12-004

477459

7257260

540

275

-45

95.4

MQ-13-019

477484

7257189

546

275

-55

176

MQ-13-020

477490

7257141

532

275

-62

209

MQ-13-023

477484

7257215

547

275

-59

188

MQ-13-024

477497

7257174

547

275

-59

197

MQ-13-025

477475

7257235

545

269

-45

122

MQ-13-026

477490

7257141

532

295

-65

215

 

 
*WGS84 UTM Zone 22N

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 VENTURE: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.

Statements about the Company’s future expectations and all other statements in this press release other than historical facts are “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from the expected results.

PROGRESS AT THE REED COPPER PROJECT – August 2013

PROGRESS AT THE REED COPPER PROJECT

1001 Meters Underground Development Completed 

Vancouver, B.C., August 21, 2013 VMS Ventures Inc. (TSX-V:VMS) (“VMS Ventures” or the “Company”) is  pleased to update shareholders on the progress made during the month of July at the Reed Copper Project, near Flin Flon Manitoba.  VMS Ventures owns 30% of the project and is carried to production. Hudbay Minerals Inc. (TSX:HBM)(NYSE:HBM) (“Hudbay”) owns 70% and is the Operator.
 Highlights for the month include:
  • Underground development at the project was advanced a further 182 metres in July for a current total of 1,001 metres.
  • Construction of the surface ore pad and excavation of the 60 metre level refuge station was completed as well as the foundation forms for the 600 horse power main ventilation fan.
Neil Richardson, VMS Ventures’ COO states: “The project remains within budgetary parameters and the scheduled completion date of Q1 2014. Safety during construction of the mine remains a priority with over 500 consecutive days of no time lost accidents. The focus at the Reed copper project continues to be the advancement of the underground ramp and development of escape and ventilation raises as we advance towards production
To the end of July, 2013, $49.6 million has been spent on the project with an additional $11.8 million committed to Service and Rental Requisition and Purchase Orders.
The Reed Copper Project remains on track to be completed by the end of March, 2014.

Please visit the VMS website at http://www.vmsventures.com/investors/photo-gallery to view a slide show of progress on the Reed Copper Project.

About VMS Ventures Inc:

 

VMS Ventures Inc. is focused primarily on acquiring, exploring and developing copper-zinc-gold-silver massive sulphide deposits in the Flin Flon-Snow Lake VMS Belt of Manitoba. The Company’s VMS project property portfolio consists of the Reed Copper Project, which is subject to a 70-30 JV with HudBay Minerals and is scheduled for production in Q4-2013, Copper Project, McClarty Lake Project, Sails Lake Project, Puella Bay Project and Morton Lake Project. Outside of the Snow Lake camp, the Company holds massive sulphide prospective properties near the past producing Fox Lake and Ruttan copper-zinc mines, near the communities of Lynn Lake and Leaf Rapids in northern Manitoba. These properties are located in the mining friendly province of Manitoba, Canada. The Company also has optioned the Black Creek property in the Sudbury mining camp.

 

VMS Ventures owns approximately 27.5% of North American Nickel Inc. (TSX VENTURE:NAN). For more information on North American Nickel Inc., please visitwww.northamericannickel.com.

Valdor Technology Recruits Accomplished M&A Executive

Valdor Technology

Recruits Accomplished M&A Executive

Hayward, California – July 15, 2013 Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) is pleased to announce that Mr. Raj Kapany has been appointed to the Board of Directors. 

Mr. Kapany received a Bachelor of Science (BS) from the University of California – San Diego in 1979, a Master of Business Administration (MBA) from the University of California – Berkley in 1981, and has attended the Stanford University Executive MBA Program. Mr. Kapany, an entrepreneur, is currently on the Boards of seven private technology companies. He currently resides in Los Altos, California. Since 1981 he has served as General Manager, Director, Vice-President, President, CEO or Chairman of eight private and public technology companies. In the technology field his specialization is fiber optics. Mr. Kapany has held executive positions with Tyco International Ltd, Amp Inc, K2 Optronics Inc, Emcore Corp and Nest Corp. From 1988 to present, he has been instrumental in the completion of eleven mergers and acquisitions (M&A’s) involving technology companies and company divisions. Nine of these eleven M&A’s have occurred since 1999. Acquiring and vended companies and/or divisions, where he has facilitated M&A activity, include: Tyco, Emcore, Nest, JDS Uniphase Corp, Ericsson Inc, Volex Inc, and Crown Life Insurance Co. 

In 1994 Mr. Kapany started Tyco’s fiber optics division in Europe, where he generated gross sales to over $40,000,000 annualized, in less than two years. In 1998, while Divisional Manager at Amp, he won the annual company award for having the most profitable division in the company. At that time Amp had more than 50 divisions. In 2000, as CEO and Chairman, he headed a team that raised $45,000,000 in venture capital for K2 Optronics and then facilitated the sale of K2 Optronics to Emcore. In 2008, while President of Nest, he directed a team that was responsible for having their patch panels qualified for use by Verizon Communications Inc. 

Mr. Elston Johnston, Chairman, states: “Raj’s marketing knowledge and corporate experience will be of great value to our sales and business growth. His M&A experience and high-tech business contacts can help us grow via mergers and acquisitions.” Mr. Kapany states: “I see a way forward where the result can be greater than the sum of the individual parts. We can mesh our people and core competencies with global industries and focus on regions where fiber optics infrastructure is needed and where we have solutions that differentiate Valdor within the global marketplace; I see great upside potential in deploying this strategy. By adding new products and competencies and aligning them to high growth industries, we can strategically increase shareholder value in a very efficient manner.”

Hayward, California – July 8, 2013: The Board of Directors of Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) is pleased to report that the non-brokered Private Placement announced May 24, 2013 has now closed. A total of 20,175,000 Units at a price of $0.10 per unit have been purchased with total proceeds realized of $2,017,500.

 About Valdor Technology International Inc.

Valdor is a high technology fiber optic components company specializing in the design and manufacture of fiber optic connectors, laser pigtails, splitters, and other optical and optoelectronic components, including some that use the Valdor proprietary and patented Impact Mount(TM) technology. Valdor’s Impact Mount(TM) technology is all-mechanical with no epoxy or matching gel. Valdor specializes in harsh environment products and in particular splitters and connectors.

About the Fiber Optics Industry

Fiber optics is the future of communications. The signal transmission business is in the early stages of a fiber optics bull market. All signal transmission, in their many and various forms, are being converted from electrical to fiber optics. A comprehensive global report on the fiber optic components market projects that it will reach US$42 billion by the year 2017.

Symbols: VTI.V / VTIFF.OTC 

www.valdortech.com

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Industry News

July 17 2013

BELL ALIANT’S FUTURE PROOF FIBREOP NETWORK COMING TO NORTH BAY, ON

 

Bell Aliant Inc. continues to grow its powerful FibreOP network by adding a third Ontario community — North Bay. The company will invest $13 million to offer its future-proof network to 20,000 North Bay premises, delivering the fastest Internet upload and download speeds, and the best digital TV experience in the market.

 

“We are thrilled to continue our expansion in Ontario by bringing this powerful technology to North Bay,” said Karen Sheriff, President and CEO, Bell Aliant. “Just like their neighbours in Sudbury and Sault Ste. Marie, customers in North Bay will be amazed by what FibreOP has to offer: The most amazing TV experience around and the fastest Internet download and upload speeds.”

 

North Bay is part of Bell Aliant’s operating territory. Through its strategic partnership with Bell, products are marketed under the Bell brand. FibreOP will be marketed as “Bell FibreOP.”

2013-05-27

 

TELUS INVESTING $700 MILLION THROUGHOUT ALL OF ALBERTA THIS YEAR

Telus Corp. is investing $700-million in new infrastructure and facilities across Alberta this year, part of a three-year, $2-billion commitment made a year ago and building upon the $26-billion Telus has already invested in operations and technology throughout the province since 2000.

This year, Telus’ infrastructure investment will advance our services for the benefit of Albertans, by:

Connecting hundreds of new homes and businesses directly to fibre optic cable to radically increase internet speeds and capacity and power Optik TV. Called GPON, or Gigabit Passive Optical network, the technology offers customers Internet speeds up to 50 megabits per second and will enable incredibly fast Internet speeds in the future.

Further extending Optik TV service to reach nearly 90 per cent of Alberta households by the end of 2013. Telus currently has 712,000 TV customers.

North American Nickel NAN.V Increases Land Holdings Drilling is Progressing

North American Nickel

MANIITSOQ Ni-Cu-PGE PROJECT, SOUTHWEST GREENLAND

Increases Land Holdings

Drilling is Progressing

July 15, 2013 North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB:WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce that it has been notified by the Greenland Bureau of Minerals and Petroleum that its application to expand mineral exploration licence 2012/28 by 123 square kilometers has been accepted. The text of the new licence agreement is expected from the Greenland Government shortly. The expansion will bring the total area covered by the project to 5,106 square kilometers.

CEO, Rick Mark, states: “With the acquisition of this new ground, North American Nickel now controls over 90% of the highly prospective Greenland Norite Belt. The Company currently has field crews and a diamond drill rig operating on the project and is drill testing targets throughout the norite belt.”

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Additional information:
  • 3000 Meter Drill Program
  • $ 7m Cash
  • Metallurgical Tests Confirms up to 35 % Ni
  • Sentient Executive GP IV, Limited 29 % Ownership
  • VMS Ventures Inc.  27 % Ownership
  • Former CEO and Chair of Falconbridge, Joins Advisory Board

2013 photos of the Maniitsoq project include, the barge carrying the drill arriving near the camp, a picture of the camp, and a scenic shot of the landscape at Maniitsoq. To view the full set of pictures on photostream, please visit:http://www.flickr.com//photos/67545966@N04/sets/72157634303932917/show/

The company has updated its corporate video on their home page to include some of last year’s assay results www.northamericannickel.com

$2,017,500 Non – Brokered Private Placement Closed with Warrant Acceleration

Hayward, California – July 8, 2013: The Board of Directors of Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) is pleased to report that the non-brokered Private Placement announced May 24, 2013 has now closed. A total of 20,175,000 Units at a price of $0.10 per unit have been purchased with total proceeds realized of $2,017,500. Each Unit consists of one common share of Valdor and one non-transferable three year share purchase warrant. Each warrant allows the holder thereof to purchase one further common share of Valdor at a price of $0.20 if exercised on or before June 10, 2016. A finder’s fee of 699,000 Units has been issued relative to this financing, in accordance with the policies of the TSX Venture Exchange. The 20,874,000 common shares issued are subject to a four month hold period expiring October 10, 2013.

The warrants issued with the units will be subject to an acceleration provision. After four months have elapsed from closing, if Valdor’s shares trade above $0.40 for 20 consecutive trading days Valdor has the option to provide notice to the warrant holders that one half of their warrants will expire if they are not exercised within 30 days. If Valdor’s shares trade above $0.50 for 20 consecutive trading days Valdor has the option to provide notice to the warrant holders that their remaining warrants will expire if they are not exercised within 30 days.

The proceeds from this private placement will be used for marketing Valdor’s fiber optic products and for general working capital and current payables.

Seven insiders purchased 5,325,000 units (26%) of this financing.

About Valdor Technology International Inc. Valdor is a high technology fiber optic components company specializing in the design and manufacture of fiber optic connectors, laser pigtails, splitters, and other optical and optoelectronic components, including some that use the Valdor proprietary and patented Impact Mount(TM) technology. Valdor’s Impact Mount(TM) technology is all-mechanical with no epoxy or matching gel. Valdor specializes in harsh environment products and in particular splitters and connectors.

About the Fiber Optics Industry: Fiber optics is the future of communications. The signal transmission business is in the early stages of a fiber optics bull market. All signal transmission, in their many and various forms, are being converted from electrical to fiber optics. A comprehensive global report on the fiber optic components market projects that it will reach US$42 billion by the year 2017.

 

For more information on Valdor’s product lines please visit www.valdortech.com