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North American Nickel announces new discovery in Greenland

  • Monday, September 30, 2013
  • Source:

  • Keywords:North American Nickel Greenland
[Fellow]
Vancouver-based North American Nickel (NAN) hasannounced a new nickel discovery at the company'sManiitsoq property in Greenland.
 
CEO Rick Mark says thediscovery creates a new area of focus for the company as it's only 9 km away fromtwo other recently announced near solid to solid sulphide intersections. Danish geologist Adam Garde argues that the Maniitsoq area is an impact structure much like Ontario's Sudbury Basin.
 
NAN's share price dipped over 10% in Thursday trading, falling to $0.35.
 
North American Nickel is a mineral exploration company with 100% owned properties in Greenland, Ontario, and the Thompson, Manitoba nickel belt. VMS Ventures Inc. (TSX.V: VMS) owns approximately 27.5% of NAN.
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