Jun 30 2015
North American Nickel Inc. is pleased to provide a project update on the 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.
The Company's key objective this year is the continued systematic exploration of the Maniitsoq property (2,954 square kilometers), including drilling of up to 30 diamond drill holes following up on high priority nickel mineralization and geophysical targets; completing the acquisition of VTEM airborne EM data over the Greenland Norite Belt (GNB); and continuing our efforts to reduce overall project economic risk by advancing key infrastructure initiatives (like the Seqi Port) and NAN's corporate social responsibilities.
Field crews are now on site at Maniitsoq and work has begun on the Company's multi-component exploration program which comprises drilling, airborne, surface and borehole geophysics, mapping, sampling and prospecting. Figure 1, which may be viewed using the link provided with this release, shows the location of selected 2015 drill targets and of planned airborne geophysical survey blocks.
Approximately 6,000 metres (up to 30 drill holes) of BTW (41mm) diamond drilling is planned in order to:
- test for the down plunge extent of nickel sulphide zones intersected at Mikissoq and Spotty Hill in the Imiak Hill Complex (IHC) area;
- follow-up of both nickel sulphide intersections and high conductance borehole EM anomalies obtained in 2014 including at the Fossilik area, P-013, P-030 and P-053 targets; and
- test prioritized regional targets.
The drill rig and crews arrived June 23rd and drilling has commenced in the IHC area. Downing Drilling of Hawkesbury, Ontario has been contracted to carry out the 2015 drilling program.