Re-discovering a Large Nickel Target in Greenland
16th January 2013
“Maniitsoq has some very attractive features, paramount of which is the scale of the project which has a mineralised footprint of over 1,000km2 known as the Greenland Norite Belt. The mineralisation is associated with norite intrusions (a coarse mafic intrusive rock, similar to a Gabbro) spread across the mineralised footprint giving North American Nickel an exploration focus. There are abundant signals in the area that there is a deep root to the intrusive bodies which include kimberlite dykes and a carbonatite. The most interesting aspect of the project is a theory about how it was formed. Geologists from the Danish and Greenland Geological Societies published a paper on the possible petrogenesis of the area and put forward a compelling case for Maniitsoq having been formed or reworked in the same way that the world-class Sudbury deposit was formed, through a meteorite impact."
Christopher Welch Analyst
Ocean Equities Research
INDEPENDENT PARTNERSHIP SPECIALISNG IN MINING EQUITIES
http://nan.q4web.com/files/doc_news/Ocean Equities Year Ahead 2013 NAN.pdf