SUMMARY OF 2012 DRILLING RESULTS AT THE MANIITSO
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Posted On: 01/21/2013 10:31:51 PM
SUMMARY OF 2012 DRILLING RESULTS AT THE MANIITSOQ PROJECT, SOUTHWEST GREENLAND
Confirmation of near surface, high-grade nickel + copper + cobalt ± precious metals sulphide mineralization at the Maniitsoq Impact Structure
Vancouver, B.C. – January 15, 2013 North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) North American Nickel ("NAN") is pleased to provide a summary of results from its 2012 drill program at Maniitsoq. The project was initiated in 2011 and this was NAN’s first drill program. The positive results confirm the economic significance of the project and demonstrate the effectiveness of helicopter and borehole geophysics at locating nickel sulphide mineralization in the project area.
Significant results were reported as they became available during late 2012. This release provides more technical detail on the drill holes, including drill collar locations, and several new drill related figures (attached) incorporating all drill data now available.
HIGHLIGHTS
Ø High-grade, multi-element intersections over significant intervals were made in three holes at two of the three locations drilled in 2012 (anomalous mineralization was intersected at the third location):
MQ-12-001 (Imiak Hill)
26.98 m @ 0.98% Ni, 0.44% Cu and 0.04% Co
Incl. 16.64 m @ 1.36% Ni, 0.52% Cu and 0.05% Co
Incl. 5.12 m @ 2.20% Ni, 0.55% Cu, 0.07% Co
MQ-12-002 (Imiak Hill)
66.08 m @ 0.55% Ni, 0.20% Cu and 0.02% Co
Incl. 5.15 m @ 1.22%Ni, 0.49% Cu and 0.04% Co
Incl. 14.18 m @1.33% Ni, 0.38% Cu and 0.04% Co
MQ-12-005 (Spotty Hill):
123.94 m @ 0.81% Ni, 0.21% Cu, 0.03% Co and 0.26 g/t Pt+Pd+Au
Incl. 24.20 m @ 1.75% Ni, 0.34% Cu, 0.06% Co and 0.52 g/t Pt+Pd+Au
Incl. 8.20 m @ 2.39% Ni, 0.21% Cu, 0.07% Co and 0.60 g/t Pt+Pd+Au
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