North American Nickel Inc. reports assay results for multiple and significant nickel sulphide intersections at the P-013 prospect, located seventeen kilometres south of the Imiak Hill Complex (IHC) on the Company’s 100% owned Maniitsoq Nickel – Copper – Cobalt and PGM project in southwest Greenland.
- MQ-14-066 (P-013): 5.85metres of 2.07% Ni and 0.12% Cu of semi-massive sulphides within a broader zone of 11.0 metres of 1.31% Ni and 0.15% Cu.
- MQ-14-068 (P-013): 3.4 metres of 2.07% Ni and 0.34% Cu net-textured to semi-massive sulphides within a broader zone of 15.85 metres of 0.87% Ni and 0.27% Cu.
NAN President and Interim CEO, Mark Fedikow, commented: “Drilling at the P-013 prospect in 2014 was a follow-up to the initial discovery hole drilled in 2013, and has resulted in significant and multiple nickel sulphide intersections. These results not only confirm the prospectivity of P-013 but also the larger exploration potential of the central region of the Maniitsoq project. The results validate our regional exploration strategy and the excellent work being carried out by the exploration team. I look to further assay results pending from the 2014 program.”
Results for three regional drill holes and one IHC hole are reported below and provided in Tables 1 and 2 and Figures 1 and 2. Figures may be viewed using the link provided with this release.
The P-013 area is located seventeen kilometres south of the Imiak Hill Complex, in the central portion of the Maniitsoq property, and comprises several helicopter-borne electromagnetic (VTEM) anomalies occurring over a distance of approximately 500 metres. The anomalies include the P-013 Centre, P-013 SE and P-013 NW targets (see Figure 1). In 2014, three holes totalling 739 metres were completed to test the P-013 targets.
Nickel sulphide mineralization intersected at this target was discovered by a combination of ground prospecting and drill testing of a VTEM anomaly buried beneath a large boulder field. In 2013, one hole (MQ-13-032) was drilled to test a 200m long northeast trending VTEM anomaly, and intersected a thick section of norite and leucogabbro containing several intervals of nickel sulphide mineralization (News Release November 21, 2013). The best intersection graded 0.44% Ni and 0.20% Cu over 6.51 metres including 2.35% Ni and 1.21% Cu over 0.73 metres. Borehole electromagnetic (BHEM) surveys detected moderate to high conductance off-hole anomalies associated with the mineralized intervals, suggesting the presence of stronger mineralization nearby.
In 2014, two holes (MQ-14-066 and MQ-14-068) totalling 597 metres were completed to follow-up the 2013 results. Both holes intersected mineralized norite as outlined in more detail below.
MQ-14-066 was drilled to test an off-hole BHEM geophysical anomaly detected from the discovery hole, MQ-13-032. MQ-14-066 was collared in orthogneiss and intersected leuconorite, norite and pyroxenite extending from 63.48 metres to the end of hole at 365 metres. A number of narrow intervals of net-textured to semi-massive sulphides were intersected between 94 and 150 metres returning values ranging from 1.55% to 2.23% Ni and 0.18% to 0.70% Cu (see Table 1). The main zone of mineralization was intersected from 157.0 to 168.0 metres and consisted of 11.0 metres of norite-hosted bleb, net-textured and semi-massive sulphides grading 1.31% Ni and 0.15% Cu, including a semi-massive sulphide interval grading 2.07% Ni and 0.12% Cu over 5.85 metres from 158.43 to 164.28 metres. A second wide zone of similar mineralization was intersected from 201.20 to 223.94 metres and graded 0.50% Ni and 0.15% Cu over 22.74 metres including 1.79% Ni and 0.31% Ni over 2.14 metres from 203.35 to 205.49 metres.
MQ-14-068 was drilled approximately 45 metres up-dip of MQ-14-066 and intersected 15.85 metres of norite-hosted bleb and net-textured sulphides grading 0.87% Ni and 0.27% Cu from 126.7 to 142.55 metres. Included within this zone was a higher grade interval of net textured to semi-massive sulphides which graded 2.07% Ni and 0.34% Cu over 3.4 metres from 130.85 to 134.25 metres. These intersections correlate well with the main sulphide zone intersected in hole MQ-14-066.
Borehole EM surveys indicate that the mineralization is correlated with a conductive trend interpreted to strike northeast-southwest, dipping steeply northwest and plunging steeply west. Additional drilling will be required to determine the extents of the P-013 mineralization, and more work will be planned for this area in 2015.
MQ-14-069 was drilled to test a second VTEM anomaly (P-013 SE) located approximately 250 metres southeast of the above P-013 Centre target. A previous attempt was made in 2013 to test this target with hole MQ-13-034. Both holes intersected intervals of norite but failed to intersect the conductor. Re-modeling of the VTEM data, as well as modeling of the borehole EM survey data from hole MQ-14-069, indicates the target lies to the west of both holes. Target P-013 SE remains a high priority drill target based on positive results obtained at the nearby P-013 Centre target.
- See more at: http://www.northamericannickel.com/news/news-details/2014/North-American-Nickel-Reports-New-Multiple-and-Significant-Nickel-Sulphide-Intersections-at-Maniitsoq/default.aspx#sthash.qftRtJBB.dpuf