Dear North American Nickel and VMS followers,
Today, we released the results of the first 4 drill holes of the 9 completed this season on our 100% held Maniitsoq property in southwest Greenland. As the diagrams in the release show, high grade nickel was intersected right at surface and historical drilling shows the mineralization is known to extend to approximately 150 meters from surface. The borehole geophysical surveys show us that mineralization is open beyond the limits of the survey, approximately another 100 m down plunge of our deepest hole. Also, long intervals of lower grade mineralization were intersected which have the potential to add significant tonnage to a deposit.
- High-grade, near surface Nickel (plus Copper and Cobalt) sulphide mineralization at Imiak Hill.
- Mineralization is open along strike and at depth, below approximately 150 m from surface.
- Long intervals of lower grade mineralization discovered, which may add significant tonnage to a deposit.
- The true orientation of mineralization confirmed through drilling and geophysical surveys, enabling the next phase of drilling to begin outlining the dimensions of the mineralized body.
- Imiak Hill is only the first of over 70 target anomalies being investigated by the Company on the property identified by airborne geophysical surveying over the past two years by NAN.
Next year, we will follow the Imiak Hill mineralization to depth, along strike and begin determining the size of the mineralized body. These types of deposits have the potential for great depth extent as shown in the mines of the Sudbury nickel camp and other nickel camps around the world.
This project is unique to Nickel exploration around the world. Like the world-class Sudbury nickel camp, the Maniitsoq area is the site of a major ancient meteor impact, thought to be the largest and oldest yet discovered on earth. This large prospective belt of nickel bearing intrusions, stretching over 75 km in length, has had no drilling for nickel in over 40 years and we have another 70, or so, targets to explore.
Chief Geologist John Pattison states: “the Imiak Hill results demonstrate that our approach to exploration at Maniitsoq is working. Modern exploration technologies are clearly able to resolve mineralized zones in far more detail than was possible in the past on this property. In the case of Imiak we are now confident the high-grade mineralization remains open and warrants further drilling. We will be applying the same techniques to other showings and targets throughout the Greenland Norite Belt.”
We encourage you to take a few minutes to review the release linked below. We have included images showing the mineralization in relation to the drilling and its projected trend which remains open at depth and along strike.
North American Nickel Inc.
VMS owns ~27M shares of NAN