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North American Nickel puts focus on nickel exploration - Mr Neil
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Thursday, 17 Nov 2011
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Source - www.lakenews.com

Mr Neil Richardson advisory board member for North American Nickel Inc, in an interview with Mr Richard (Rick) Mills, host of aheadoftheherd.com, said the company is putting focus on nickel exploration.

Below are the excerpts of the interview.

Mr Neil - Sure, no problem. North American Nickel is a spin off company from VMS Ventures Inc had, prior to creating North American Nickel, numerous nickel projects, Thompson, Cedar Lake, the South Bay Nickel Project.

But shareholders weren't getting very much value for them in VMS. Also at VMS we were focusing on the belt that the name of the company is from, VMS, the Snow Lake Flin Flon Greenstone belt.

We ended up creating North American Nickel. The management here at NAN is basically the same crew as at VMS. We have got Mr Rick Mark as the CEO, Dr Mark Fedikow is the President and COO and we've put together a very good board.

Mr Rick - Projects?

Mr Neil - NAN picked up a couple projects in Sudbury, we did a 43-101 on Post Creek, that was our property of merit. We also picked up the Bell Lake property on the Worthington Offset, which is very interesting as well.

We’ve got some work lined up for the Bell Lake Project, geophysics, a deep penetrating EM surface survey and I’m currently in the process of generating a 3D model in Gemcom using the historical drilling and surface mapping, hopefully when we get back the results from the deep penetrating EM, we’ll be able to integrate that in as well, and then we’ll see where we go from there.

We went into Sudbury and started off doing some simple beep map traverses overtop of an area that had been flown by VTEM, by a previous exploration company, around 2005. We got some good signals, so we did some preliminary trenching and discovered quartz diorite.

We recognized the QD so we brought in outside consultants, Walter Peredery and Andy Bite, to review. These guys are Sudbury nickel experts, they reviewed the projects, the mapping and the rock samples through thin sections. They have verified that this is a quartz diorite offset dyke. That immediately sparked a large excavation program and we’ve now uncovered numerous sites up there with quartz diorite dyke, completed a surface time domain survey, outlined numerous conductors throughout the property, and this fall we started our first drill program up on Post Creek, we’re starting to test the EM anomalies.

Now it’s a matter of waiting for results to come back from the lab.

Mr Rick - How important is the discovery of the quartz dyke?

Mr Neil - Well, the recognition of the QD offset dyke was critical for us, because it was always thought to not have the offset dyke up in that location meaning this shouldn’t have been very prospective for nickel copper platinum group metals gold mineralization.

To read full transcript, please visit www.steelguru.com

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