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Valdor Sends Sample to 2nd Telecom Company

Vancouver, B.C. – November 6, 2013:  Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) (OTC:VTIFF) is pleased to report that Valdor’s operating subsidiary, Valdor Fiber Optics, Inc., has delivered a Valdor harsh environment fibre optic splitter to a second Canadian telecom company.  This sample device will be evaluated by this telecom to determine if it is a solution for their on-going splitter problems. 

Mr. Ron Boyce, VP Sales & Marketing/Director, states: “Our confidence in our technology is now beginning to bear fruit with a second Canadian telecom now evaluating our harsh environment splitters.   Reliability and quality are the most important pre-requisites for the Canadian telecoms and Valdor’s harsh environment products have proven that they can meet and exceed their technical requirements.”

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 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.

For medical reasons, Mr. Ralph Kettell has resigned as a Director and Officer of Valdor.  The Valdor Board and Management thank him for his many years of support and assistance and wish him the best of health in the near future.  He will continue to provide services and support.

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 fibre 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. The Valdor business plan incorporates growth by acquisition.

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

Valdor Technology International acquires VideoWare

News Release

ACQUIRES  VIDEOWARE INC.

 

Hayward, California – October 30, 2013:  Valdor Technology International Inc. (“Valdor”) (TSX-V: VTI) is pleased to report that Valdor has entered into a Binding Letter of Intent (the “LOI”) for the acquisition of all of the business and assets of VideoWare,Inc. (“VideoWare”),  a wholly owned subsidiary of ViewCast.com, Inc. (“ViewCast”), of Grapevine, Texas.

Under the terms and conditions of the LOI, an Asset Purchase Agreement (the “Agreement”) will be prepared whereby Valdor will pay to VideoWare a total of US$1,250,000 (the “Purchase Price”) of which US$1,000,000 will be paid on or before the target closing date of December 2, 2013 and an additional US$250,000 will be paid on or before 60 days thereafter.  A 7% royalty will be paid to ViewCast on gross sales from the VideoWare business to a maximum of US$1,750,000 over a five year period.  Completion of the Agreement will be subject to: 1) the completion of due diligence by each party to the terms and conditions related to and defined in the Agreement; 2) the completion of a financing by Valdor; 3) the receipt of all requisite TSX Venture Exchange approvals and/or consents and; 4) the approval by the Boards of Directors of all parties to the Agreement.  Valdor intends to fund the acquisition of the VideoWare business and its assets through a combination of debenture and equity financing.  Specific details of the funding will be announced in a future news release. All information contained in this news release relating to VideoWare and its business and operations is based on information provided to Valdor by VideoWare.

About VideoWare:

The future of television is streaming video and the Directors and Management of Valdor believe that now is the time to enter this compelling business sector.  In addition to the price versus value argument supporting Valdor making this acquisition: 1) the streaming video industry is converting to fibre optics; 2) the same customers of this target company are a market for fibre optic components, unrelated to their video streaming and; 3) management of the company, that will be part of the acquisition, has significant experience and contacts in the fibre optics industry, within North America. 

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.

 

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.

www.valdortech.com

DISCOVERY OF HIGH GRADE NICKEL AT IMIAK NORTH

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.

NAN Confirms High Grade Nickel at Imiak Hill Greenland

HIGH GRADE NICKEL CONFIRMED AT IMIAK HILL

Intersects 18.62m of 4.31% Ni, incl. 7.12m of 5.18% Ni

 
Vancouver, British Columbia, October 10, 2013 – North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the “Company”) is pleased to announce high grade nickel-copper-cobalt mineralization at its Imiak Hill discovery based on results from drill holes MQ-13-019, MQ-13-024 and MQ-13-026.
Assays of up to 7.06% nickel in MQ-13-026 and 6.26% nickel in MQ-13-024 have been received.
Imiak Hill is one 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 project in southwest Greenland (See figure 1 and figure 2).

IMIAK HILL

Highlights of the Imiak Hill drilling:

DDH MQ-13-026: at 149 m down the hole:

·         Intersected 25.51m grading: 3.25% nickel, 0.48% copper, 0.11% cobalt,

·         Including: 18.62m of 4.31% nickel, 0.62% copper, 0.14% cobalt

 

·         Including: 7.12m of  5.18% nickel, 0.81% copper, 0.17% cobalt

 

·         Including: 4.01m of 6.04% nickel, 0.64% copper, 0.19% cobalt
DDH MQ-13-024: at 136 m down the hole:

·         Intersected 14.90m grading: 2.67% nickel, 0.39% copper, 0.09% cobalt

·         Including: 5.23m of 5.03% nickel, 0.30% copper, 0.16% cobalt
DDH MQ-13-019at 118 m down the hole:

·         Intersected 8.68m grading: 1.53% nickel, 0.43% copper, 0.06% cobalt

·         Including: 3.56m of 3.27% nickel, 0.66% copper, 0.10% cobalt
Assays for the deepest 2013 hole at Imiak Hill, DDH MQ-13-028, which is below DDH MQ-13-026, are pending. The mineralization at Imiak Hill remains open at depth (see figure 3).
Assays for the other two mineralized intrusions at the Imiak Hill Conduit Complex, Imiak North and Spotty Hill, are also pending.
 

CEO and Chair, Rick Mark, states: “It is especially positive that at Imiak Hill that we are seeing stronger grades and widths at depth within a geological setting consistent with our conduit system model of an expected accumulated zone of nickel-copper mineralization in an embayment or footwall contact. Our 2013 drill program at Imiak Hill has now extended the sulphide mineralization from surface to 185m below surface, where it remains open, and assays are still pending for hole 28. The results from our first regional evaluation of the mineralized norites underscores the potential along the 75km-long Greenland Norite Belt. We believe the Maniitsoq project is unique in the world. It is considered a greenfields exploration project, but it is a district-scale, nickel sulphide project that has mineralization starting at, or near, surface containing high grades of Ni-Cu-Co and it is located adjacent to ice free, deep tide water suitable for year round shipping. I offer congratulations to our outstanding technical team, not only for today’s results, but for the constant and impressive advancement at Maniitsoq for the past two and one half years. The future looks just as exciting. We look forward to the upcoming assays from the Imiak Hill Conduit Complex.”

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.