North American Nickel Inc. announced that it has provided a summary of results from its 2012 drill program at Maniitsoq. The project was initiated in 2011 and this was NAN's first drill program. The positive results confirm the economic significance of the project and demonstrate the effectiveness of helicopter and borehole geophysics at locating nickel sulphide mineralization in the project area.

Hole MQ-12-001 was designed to intersect the centre of coincident VTEM and SkyTEM conductors associated with the Imiak Hill showing. The hole intersected 26.98 meters of massive, net textured and disseminated sulphide mineralization averaging 0.98% Ni, 0.44% Cu and 0.04% Co. The mineralization occurred from 5.32 to 32.30 meters down the hole, which was inclined at 45 degrees, and included a 16.64 meter interval averaging 1.36% Ni, 0.52% Cu and 0.05% Co.

that, in turn, included a 5.12 m section grading 2.20% Ni, 0.55% Cu and 0.07% Co. MQ-12-002, collared at same location and azimuth (275 degrees) as MQ-12-001 and inclined at 70 degrees, intersected 66.08 meters of intermittent massive, net textured and disseminated sulphide mineralization averaging 0.55% Ni, 0.20% Cu and 0.02% Co, including a 5.15 meter section grading 1.22% Ni, 0.49% Cu and 0.04% Co. and another 14.18 meter interval averaging 1.33% Ni, 0.38% Cu and 0.04% Co.