North American Nickel is a public company that trades on the TSX Venture Exchange (NAN: TSX.V) and is committed to discovering nickel-copper-platinum group metal mines in Canada and Greenland. The Company’s main focus will be on its Maniitsoq project in Greenland and on its two offset dyke projects in the world-renowned Sudbury mining camp in Ontario.
The Company has acquired a Mineral Exploration Licence on the southwest coast of Greenland that grants exclusive exploration rights to a 4,841 km2 area. The licence covers numerous high-grade drill-indicated and surface outcrop exposures of nickel – copper sulphide mineralization associated with mafic-ultramafic intrusions. The Maniitsoq Project is 160 km north of Nuuk, the capital of Greenland. The property sits on tide water where ports have a year-round shipping season. Surface exploration and helicopter-borne time-domain EM (TEM) and magnetic surveys, completed in 2011 by NAN, identified new targets and showed that modern, helicopter TEM is a powerful and effective exploration tool in this area. Drilling and additional helicopter TEM surveying is planned for 2012.
In Sudbury, the Post Creek and Halcyon properties are strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of QuadraFNX Mining. The property lies along the extension of the Whistle Offset Structure (“WOS”) which hosts the Podolsky Mine and is a major geological control for nickel-copper-platinum group metals in the area. The discovery of a previously unrecognized mineralized quartz diorite-dominated breccia belt within the WOS was recently announced and exploration within this environment is proceeding.
In the world class Thompson Nickel Belt in Manitoba the Company has a 100% ownership in the large grassroots Thompson North and Cedar Lake properties as well as the high-grade nickel-copper-platinum group metal South Bay property near the city of Thompson.
VMS Ventures Inc. (VMS: TSX.V) owns approximately 45% of North American Nickel.