|By Marketwired .||
|July 22, 2014 09:20 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/22/14 -- North American Nickel Inc. (TSX VENTURE: NAN) (OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to announce the completion of surface geophysical surveys and identification of electromagnetic and gravity anomalies at the Company's 100% owned Maniitsoq nickel-copper-cobalt-PGM project in southwest Greenland.
Surface time domain electromagnetic (TDEM) and gravity surveys were initiated at the Maniitsoq project in mid-April and were completed in mid-June. The surveys were carried out by Crone Geophysics of Mississauga, Ontario and focused on two areas, the Imiak Hill Conduit Complex (IHCC) and Fossilik, where previous drilling intersected significant Ni-Cu-PGE mineralization (See Figure 1).
Preliminary TDEM results indicate the presence of EM anomalies correlating with both existing mineralization and also representing new geophysical targets. Preliminary gravity results indicate that gravity anomalies exist in both the Imiak and Fossilik areas and correlate with noritic intrusions identified from both surface mapping and drilling. Several of the known nickel-copper occurrences are empirically observed to occur at the margins of these gravity highs.
NAN President and Interim CEO, Mark Fedikow, commented: "The 2014 exploration program is well underway and completion of the surface geophysical surveys over the IHCC and Fossilik areas is an important component in our exploration strategy. The addition of gravity surveying this year represents a valuable new tool for exploring the Company's large Maniitsoq property where noritic intrusions occur over a 75 km strike length. Identification and correlation of gravity highs with two of the known mineralized norite intrusions in the belt indicate that gravity will be very useful in mapping the subsurface extents of mafic and ultramafic intrusions and in helping to understand the distribution of related nickel-copper sulphide mineralization".
TDEM surveying totaling 87 line km have been completed in the IHCC and Fossilik areas located in the central portion of the Maniitsoq property. Data interpretation and modeling are in progress and results are being used to target both follow-up drilling as well as define new targets for potential drill testing.
Gravity surveys were completed over the IHCC and, based on favorable results, an additional gravity survey was carried out over the Fossilik area. In each area, the surveys consisted of a core of gravity readings at 50m stations on 200m line intervals surrounded by more widely spaced readings typically on 500m centers. Gravity readings were taken at a total of 944 stations. The preceding comments are based on initial data modeling and inversions.
At the IHCC (see Figure 2), several gravity highs are observed to be coincident with, or flanking, the mapped and interpreted norite outcrops. Gravity inversion modeling shows one of the gravity highs to be coincident with the mineralized Spotty Hill norite intrusion. This gravity high extends south of the current Spotty drilling and also extends to the northwestward towards the Imiak North area. Another larger more complex double lobed gravity high lies in the immediate vicinity of the mineralized Imiak Hill norite intrusion. One lobe of this gravity high extends south of the Imiak Hill drilling and the other lobe lies to the NW.
At the Fossilik area located 9 km southwest of the IHCC (see Figure 3); gravity surveying identified a large approx. 1.5 km x 2.5 km gravity high which is coincident with the Fossilik norite intrusion. Surface nickel occurrences and nickel mineralization intersected in historic drilling and past drilling by the Company are observed to lie at or near the southwestern and western margins of this gravity high.
Data interpretation and modeling are on-going but results to date indicate that gravity data will be a useful tool to aid in mapping the sub-surface extents of the target noritic intrusions, particularly as compared to the magnetic data where correlation of anomalies with norite intrusions is less consistent. Additional images of the gravity inversions may be viewed on the Company's website.
All technical information in this release has been reviewed by Dr. Mark Fedikow, P.Geo, who is the Qualified Person for the Company, President and Interim CEO, North American Nickel Inc.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Sudbury, Ontario.
The Maniitsoq property in Greenland is a Camp scale project comprising 3,601 square km covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The greater than 75km-long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
ON BEHALF OF THE BOARD OF DIRECTORS
North American Nickel Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the photo associated with this press release, please visit the following link: http://media3.marketwire.com/docs/958596a.pdf.
North American Nickel Inc.
Toll free: 1-866-816-0118
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Aug. 26, 2016 01:15 AM EDT Reads: 2,000
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Aug. 26, 2016 01:00 AM EDT Reads: 1,930
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 26, 2016 12:45 AM EDT Reads: 2,225
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 26, 2016 12:30 AM EDT Reads: 2,885
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Aug. 25, 2016 11:45 PM EDT Reads: 2,261
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 25, 2016 10:45 PM EDT Reads: 1,858
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 25, 2016 10:15 PM EDT Reads: 1,707
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Aug. 25, 2016 09:15 PM EDT Reads: 2,191
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Aug. 25, 2016 09:00 PM EDT Reads: 1,692
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Aug. 25, 2016 08:45 PM EDT Reads: 1,372
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 25, 2016 06:30 PM EDT Reads: 1,924
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Aug. 25, 2016 05:15 PM EDT Reads: 664
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 25, 2016 04:15 PM EDT Reads: 448
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 25, 2016 03:30 PM EDT Reads: 1,492
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 25, 2016 02:00 PM EDT Reads: 3,548