North American Nickel Maniitsoq Project Update

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 29, 2015) – North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP:65704T 108) (the “Company”) is pleased to provide a project update on the 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland.

The Company’s key objective this year is the continued systematic exploration of the Maniitsoq property (2,954 square kilometers), including drilling of up to 30 diamond drill holes following up on high priority nickel mineralization and geophysical targets; completing the acquisition of VTEM airborne EM data over the Greenland Norite Belt (GNB); and continuing our efforts to reduce overall project economic risk by advancing key infrastructure initiatives (like the Seqi Port) and NAN’s corporate social responsibilities.

Geotech Ltd of Aurora, Ontario is now on site and will be carrying out an approximately 6,500 line km helicopter-borne Versatile Time Domain Electromagnetic (VTEM) to complete coverage over the high priority Greenland Norite Belt (GNB) and other selected target areas on the district scale Maniitsoq property. Twelve separate survey blocks will be flown at a line spacing of 100 to 200 metres.

Surface geophysical surveys comprising time domain electromagnetics (TDEM) and gravity will be carried out, respectively, by Crone Geophysics Ltd of Mississauga, Ontario and Eastern Geophysics of Pubnico, Nova Scotia. The TDEM surveys are planned over target zones with known prospective nickel mineralization as well as untested VTEM targets that require further definition prior to drilling. The gravity survey is designed to provide coverage over a concentration of exploration targets and norite intrusions located in the central portion of the property including the mineralized P-013 norite where the Company intersected 5.85 metres (core length) of 2.07% nickel and 0.12% copper in hole MQ-14-066 in 2014 (see press release November 3, 2014).

Borehole TDEM surveys, to be carried out by Crone Geophysics, are planned for all drill holes in order to identify and quantify additional EM anomalies and to aid in drill hole targeting.

GEOLOGY PROGRAM

In addition to drilling and geophysics, the Company will also be implementing an in-house geology program comprising mapping, sampling and prospecting of target mafic-ultramafic intrusions as well as ground follow-up of VTEM targets. This work is focused on outlining trends of prospective mineralized intrusions and prioritizing EM conductors for potential drill testing in order to more quickly focus exploration efforts on the Company’s large property position. A directed structural mapping project will be carried out by SRK Consulting Canada Inc. ofToronto, Ontario and is based on the desktop structural interpretation carried out by SRK in 2014.

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Timeline

Helicopter surveying used at North American Nickel August 2014

North American Nickel Inc.: New Nickel Discovery Within the Fossilik Norite at Maniitsoq Project; Drill Program Ends, Assays Pending for Imiak Hill Conduit Complex September 2013

NAN - Planned 2015 Drilling & VTEM

NAN – Planned 2015 Drilling & VTEM

Category: News Story

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