North American Nickel Inc. (TSXV:NAN,OTCBB:WSCRF) has made a new discovery at drill hole MQ-13-018 on its Maniitsoq Project in Greenland. This new discovery is within a 10km radius from the Imiak Hill Conduit Complex. The Company 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. Highlights include 32.19m @ 0.59% NI, 0.18% Cu, 0.02% Co, 0.21 g/t PGM (Zone 1).
As quoted in the press release:
- 32.19m @ 0.59% NI, 0.18% Cu, 0.02% Co, 0.21 g/t PGM (Zone 1)
- 4.53m @ 1.06% Ni, 0.23% Cu, 0.04% Co, 0.33 g/t PGM
North American Nickel Inc. CEO, Rick Mark, said:
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.