|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
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Jul. 3, 2015 08:00 PM EDT Reads: 768
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
Jul. 3, 2015 07:15 PM EDT Reads: 696
IT data is typically silo'd by the various tools in place. Unifying all the log, metric and event data in one analytics platform stops finger pointing and provides the end-to-end correlation. Logs, metrics and custom event data can be joined to tell the holistic story of your software and operations. For example, users can correlate code deploys to system performance to application error codes. In his session at DevOps Summit, Michael Demmer, VP of Engineering at Jut, will discuss how this can...
Jul. 3, 2015 07:00 PM EDT Reads: 931
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th 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 development...
Jul. 3, 2015 07:00 PM EDT Reads: 832
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 3, 2015 06:30 PM EDT Reads: 1,291
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Jul. 3, 2015 05:30 PM EDT Reads: 669
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 3, 2015 05:00 PM EDT Reads: 964
The basic integration architecture, as defined by ESBs, hasn’t changed for more than a decade. Most cloud integration providers still rely on an ESB architecture and their proprietary connectors. As a result, enterprise integration projects suffer from constraints of availability and reliability of these connectors that are not re-usable across other integration vendors. However, the rapid adoption of APIs and almost ubiquitous availability of APIs amongst most SaaS and Cloud applications are ra...
Jul. 3, 2015 04:45 PM EDT Reads: 885
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
Jul. 3, 2015 04:15 PM EDT Reads: 780
"We help to transform an organization and their operations and make them more efficient, more agile, and more nimble to move into the cloud or to move between cloud providers and create an agnostic tool set," noted Jeremy Steinert, DevOps Services Practice Lead at WSM International, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 3, 2015 02:45 PM EDT Reads: 842
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgenthal...
Jul. 3, 2015 02:45 PM EDT Reads: 929
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Jul. 3, 2015 02:00 PM EDT Reads: 2,193
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
Jul. 3, 2015 02:00 PM EDT Reads: 2,151
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction. ...
Jul. 3, 2015 01:30 PM EDT Reads: 1,178
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 3, 2015 12:30 PM EDT Reads: 1,410