Preliminary 2013 Airborne Geophysical Data Enhances Nickel Camp Potential
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 2, 2013) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF)(CUSIP:65704T 108) (the "Company") is pleased to announce that it has received preliminary results from this year's VTEM Plus helicopter borne geophysical survey completed at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.
A total of 917.3 line-kilometres were flown in nine survey blocks (A1 to A9 in Figure 1) resulting in a total of 389 electromagnetic (EM) responses being detected. A preliminary review of the survey results by the Company has identified one hundred (100) new conductor zones. These target zones will be field checked in 2014 and targets with higher nickel sulphide potential will be added to the growing drill target list at Maniitsoq.
The purpose of the 2013 VTEM Plus survey was threefold:
1) To obtain EM and magnetic coverage over areas which contain norite and other mafic-ultramafic intrusions that might be associated with economic nickel sulphide mineralization. All these new EM targets are outside the Greenland Norite Belt, which has been the focus of the Company's exploration work for the past 3 years;
2) To obtain deeper EM penetration over prospective areas that were surveyed in 2011 with SkyTEM (the new VTEM Plus system has four times the dipole moment of the 2011 SkyTEM system); and
3) To detail other conductors of interest detected by previous VTEM and SkyTEM surveys.
NAN CEO, Rick Mark, states: "The market has been focused on the Imiak Hill Conduit Complex the past three months and rightly so, as the high grade drill results around Imiak have been outstanding. Today, we want to remind investors that our 100% owned Maniitsoq property, which is larger than the Sudbury basin, has the potential to host the world's next sulphide nickel-copper-cobalt camp. These preliminary airborne results bolster that belief and provide us with a new array of targets to analyze and prepare for in 2014."
