North American Nickel (NAN) has announced that it has discovered fifty conductivity zones, many of which have extensive strike lengths, in preliminary data obtained from the VTEM plus helicopter time domain electromagnetic survey carried out over the company’s Maniitsoq project, Southwest Greenland.
Previously, twelve zones out of fifty have been found as high-priority zones that have the capability to become target areas for the future drilling campaign during August. The company is conducting a more comprehensive analysis of the VTEM Plus data. Mineralization in the Greenland Norite Belt (GNB), whose length and width are 75 km and 15 km respectively, containing high nickel tenor.
Less drilling has been carried out at the GNB, in spite of its clear high prospectivity. Only 6,300 m, totaling 119 holes, were specifically drilled during the 1960's and 70's. Lack of EM anomalies to direct drill program halted several new exploration campaigns. The company’s plan is to utilize helicopter-borne TEM systems in order to expand drill target areas. Previous explorers did not have this technology.
The company is provided with high-resolution TEM coverage over 860 sq. km centered on the GNB, by means of the VTEM Plus survey together with a SkyTEM survey. It has been processing and analyzing the VTEM Plus survey results and also will examine the highest priority target area during a drilling campaign, which has been proposed to begin in August. Ontario-based Geotech carried out the survey.
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