VANCOUVER, British Columbia, Aug. 30, 2017 (GLOBE NEWSWIRE) -- North American Nickel Inc.(TSX VENTURE:NAN) (OTCBB:WSCRF) (CUSIP:65704T 108) (the "Company") is pleased to provide an update on the 2017 exploration program underway at the Company's 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.
The Company is implementing the third year of a three-year strategy to advance the Maniitsoq Project. The exploration program is focussed on step-out drilling at the Imiak Hill Complex, Fossilik and P-013SE (Figure 1) and also includes borehole electromagnetic surveys, surface Induced Polarization geophysical surveys, mapping, structural geological studies and 3D modeling.
Step-out drilling has been completed at the P-013 SE target and is on-going at the Imiak Hill Complex (IHC) and Fossilik area. A total of 5,378 metres in fifteen holes and one hole extension have been completed to August 25th out of the total 11,000 metre planned program. Drilling productivity has been lower than expected. As a result, the Company has recently mobilized an additional drill rig to site and has extended the drilling program by two weeks to late September in order to achieve as many meters as possible. The Company is currently forecasting completion of approximately 9,000 to 9,500 metres of drilling.
New to the program in 2017 is the use of an in-country sample preparation laboratory based in the capital of Nuuk. The Company is pleased to report that the laboratory, run by GeoLAB Greenland ApS, is now in commercial operation and that the first batch of sample pulps is being prepared for shipment to the MS Analytical laboratory in Langely, BC. The Company anticipates that the use of the in-country preparation laboratory will ultimately allow for quicker overall reporting of assay results once the initial back log of samples is cleared. Receipt of first assay results are expected in mid to late September and will be reported as received.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Sudbury, Ontario.
The Maniitsoq property in Greenland is a Camp scale project comprising 2,985 square km covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The >75km-long belt is situated along, and near, the southwest coast of Greenland accessible from the existing Seqi deep water port (See NAN News Release dated January 19, 2015) with an all year round shipping season and abundant hydro-electric potential.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. 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.
