VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 26, 2015) -
North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF)(CUSIP:65704T 108) (the "Company") is pleased to announce that drill and camp contracts have been awarded for 2015 exploration at its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.
George Downing Estate Drilling Ltd. (Downing Drilling) of Hawkesbury, Ontario has been awarded the Diamond Drilling contract and Xploration Services Greenland ApS of Nuuk, Greenland has been awarded the Logistics/Camp contract. Both companies are highly experienced in exploration operations and Xploration Services has been part of all previous exploration campaigns at Maniitsoq for the Company.
During the 2014 exploration program, the Company completed follow up drilling on the Imiak Hill Complex (IHC) and tested multiple new regional targets. At the IHC, the company extended mineralization at Mikissoq and Spotty Hill and have improved on the geological model of the area. Drilling also intersected a new zone of mineralization at P-053 and detected three highly conductive off-hole borehole electromagnetic anomalies. Both areas will be followed-up with additional diamond drilling in 2015.
The geological, drill and support crews are scheduled to be on site in early June with drilling expected to begin within several days of arrival.
Downing Drilling has been operating since 1947, and has a diverse and constantly growing fleet of drills. They recognize what is required to offer the most cost-efficient drilling services while adhering to the highest safety standards through best practices in a safe work environment.
Downing has experience drilling across Canada, Africa, Haiti, India, Jamaica, Turkey and the United States. Their offices are located between Ottawa and Montreal, in the Abitibi-Témiscamingue area and Duluth, MN, USA with established bases in Thunder Bay, Schefferville and Labrador City.
Xploration Services Greenland ApS (hereafter XS), and North American Nickel Inc. have entered into an administration, liaison and logistics agreement. XS will assume responsibility for pre-field season operational and support planning; mobilization; operation of main camp, including catering; demobilization and post-field season operational reporting. This includes all logistics and related issues in connection with NAN's 2014 Maniitsoq exploration & drilling program.
XS, will, on behalf of NAN, take care of administration and assist with reporting requirements, as required. XS will also undertake consultation with Tax Authorities, the Mineral License and Safety Authority (MLSA) and the four Municipalities of Greenland in regard to issues related to corporate matters, personnel and subcontractors.
The information in this release has been reviewed by Patricia Tirschmann, P.Geo, who is the Qualified Person for the Company and Vice President Exploration, North American Nickel Inc.
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 2,954 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, which is pack ice free year round.
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.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Fedikow, President
North American Nickel Inc.
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.