Nan pdac 2014_revised

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TSX-V : NAN Maniitsoq Project Sulphide Hosted Nickel Copper Cobalt & Precious Group Metals Southwest Greenland 100% Owned www.northamericannickel.com 1 March, 2014

Transcript of Nan pdac 2014_revised

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TSX-V : NAN

Maniitsoq Project

Sulphide Hosted Nickel Copper Cobalt & Precious Group Metals

Southwest Greenland

100% Owned

www.northamericannickel.com 1

March, 2014

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Forward Looking Statements NOTE: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various risks. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. North American Nickel Inc. undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

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NAN Management

www.northamericannickel.com 3

Rick Mark, M.Ed (Admin) CEO & Chairman NAN: Rick has over 25 years experience in the public market place. He

is also CEO & Chairman of VMS Ventures Inc (VMS-TSX.V), CEO & Chairman of Harvest Gold Corporation (HVG-

TSX.V), a December 2005 "spin off" from VMS, and is the President and CEO of Pancontinental Uranium Corp. (PUC-

TSX.V).

Neil Richardson P. Geo. COO, NAN: Neil has a long history of mineral exploration and mining experience with

Hudbay Minerals and others. As the COO of both companies, Neil is responsible for developing and implementing

exploration programs.

Mark Fedikow, HBSc., M.Sc., Ph.D., P.Eng., P. Geo., C.P.G. President & Director NAN: Mark has 35 years of

industry and government experience including Chief Geologist of the Mineral Deposits Section in Manitoba. He is a

recipient of the Canadian national award for outstanding geoscientific achievement.

John Pattison, P. Geo., B.Sc. Chief Geologist NAN: John worked with Falconbridge Limited and associated

companies for 19 years managing base metal, PGE and gold exploration projects throughout Canada and southern

Africa.

Jim Sparling, P. Geo., B.Sc., MBA Project Manager NAN: Jim has worked for over 25 years in the exploration

industry, most recently as COO for Skyline Gold and Exploration Manager for StrataGold, He is the principal geologist

for the Maniitsoq Project in Greenland.

John Roozendaal B.Sc, Director of NAN: John was the founding director of VMS Ventures Inc. He has 20 years of

Mineral Exploration experience and was directly involved in the Reed Copper discovery.

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NAN Directors and Advisors

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Independent Directors

Gilbert Clark, Director, NAN: Mr. Clark is a European based Geologist with more than 13 years of industry experience; principally in mining

and international resource developments. He is currently an Investment Advisor with The Sentient Group, an independent private equity

investment firm specializing in the global resources industry.

Jim Clucas, Director & Audit Committee Member, NAN: Jim was Chief Financial Officer of Inco’s Canadian operations and has been

involved in the development of several mineral deposits, including the Snow Lake Mine (High River Gold Mines), Montana Tunnels (Pegasus

Mining) and the Fenix Project in Guatemala. He was the founder of International Nickel Ventures Inc. which acquired and developed the Santa

Fe/Ipora Nickel Laterite deposit in Brazil. Jim is currently President and CEO of Search Minerals.

Advisory Board

Dr. Tony Naldrett: Tony is an internationally recognized expert in the field of nickel sulphide mineralization and was Professor of

Geology at the University of Toronto from 1967 to 1998. He has authored or co-authored over 240 refereed papers and 8 books and has

supervised 15 M.Sc. and 16 Ph.D. students and 15 Postdoctoral Fellows with focus on magmatic nickel, copper and platinum-group element

sulphide deposits, worldwide.

Mr. Alex Balogh: Alex is the former Chairman and CEO of Falconbridge Ltd., Deputy Chairman of Noranda Inc. and CEO of Noranda

Minerals Inc. He has served as Chairman and Director for various mining organizations, sits on The Sentient Council and is a current member

of the Advisory Board of Hatch Associates. Mr. Balogh is a metallurgical engineer and has more than 40 years of experience in the mining and

metallurgical industry.

Dr. James M. Patterson , P.Geo., Ph.D. , Technical Advisor: James is the former Geological Consultant, Vice President Exploration

and VP & Executive Consultant with FNX Mining Company Inc. He was instrumental in the revival and building of the company from a

market capitalization of $20 million to $2.5 billion. Dr. Patterson has over 40 years experience in mineral exploration globally. Dr. Patterson

received his Ph.D. Mining Geology from the University of London, England, Diploma of Imperial College from Imperial College, London,

England, BA (Honours) in Natural Sciences – Geology from Trinity College, University of Dublin, Ireland, and has over 25 publications on

mineral exploration.

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Acquired the (Sudbury Basin sized) Maniitsoq

property in Greenland in August, 2011; 100% owned.

High grade nickel sulphide mineralization (locally

over 7% nickel at Imiak Hill) intersected in 2013

drilling

Over 200 conductive target zones identified

through Helicopter EM (VTEM) geophysical surveys

Extensive prospective belt (15km x 75km) hosting

mineralized intrusions within a large meteor impact

structure

$9.5M invested to date; Cash position today $6.2M

VMS Ventures holds 23.9% of NAN shares

Sentient Group holds 41% of NAN shares.

(the Sentient Group manages over $2.7B in quality

metal, mineral and energy assets across the globe.)

CAPITAL STRUCTURE

(as at February, 2014)

Issued & Outstanding: 140,576,584

Warrants: ($0.21 - $1.00) 25,431,144

Options: 8,087,500

Fully Diluted: 174,095,228

52 Week High/Low $0.47/$0.12

YTD Performance 87.5%

Current Price $0.30

www.northamericannickel.com

North American Nickel: Overview

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Location

Maniitsoq harbour looking east towards the Maniitsoq project on the mainland

Located on the southwest coast of Greenland, which is pack ice free year-round.

Maniitsoq’s mild climate allows for all year round mining & shipping of concentrate.

Greenland is a democratic, pro-mining country with a transparent regulatory system, competitive mining tax regime and no land claims issues.

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

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Property

Greenland’s capital, Nuuk, is 30 minutes by helicopter and provides European standard coastal re-supply and logistics facilities 4 to 6 hours shipping time to Maniitsoq coastline.

Maniitsoq is a greenfields nickel sulphide exploration project with valuable by-products,

NAN owns 100% of Maniitsoq via two contiguous exclusive mineral exploration licences covering 3,601 km2.

Maniitsoq has the scale and the potential metal endowment to be the world’s next nickel sulphide province.

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

www.northamericannickel.com 7

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Project Geology

Maniitsoq Impact Structure

Recognized and documented by Garde et al., 2012*

Deeply eroded, deep-crustal remains of a giant impact that struck a magmatic arc 3 Ga ago

Comprised of:

35 x 50 km core of crushed, mechanically mixed and subsequently welded fragments of orthogneiss and amphibolite known as the Finnefjeld Domain.

75 km wide annular melt zone variably affected by crushing and melting.

150 km diameter zone of less damaged gneiss and amphibolite.

Undeformed, nickeliferous noritic intrusions, interpreted to represent crustally contaminated melts derived from the mantle in the wake of the impact occur throughout the impact structure in a 75 x 15 km “J” shape curvilinear belt.

*Garde , A.A., McDonald, I., Dyck, B. & Keulen, N. 2012: Searching

for giant, ancient impact structures on Earth: the Meso-archaean

Maniitsoq structure, West Greenland. Earth and

Planetary Science Letters 137–138, 197–210.

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

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APPROXIMATE

MELT ZONE

Finnefield

Domain

Greenland Norite

Belt

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Historical Work

Kryolitselskabet Øresund, 1962 to 1973: extensive mapping, prospecting defining the trend and shallow diamond drilling (average hole length <55 m), no subsurface geophysical modelling to orientate drilling but some success: Imiak Hill: 9.85 m @ 2.67% Ni and 0.60% Cu

Cominco & Falconbridge, 1993 to 2000: Cominco flies extensive fixed wing time domain EM unsuited to undulating terrain and hampered by flight path

Falconbridge completes surface magnetic and EM surveys plus extensive high quality re-analysis of historical core that confirmed historical high-grade assays and establish Maniitsoq nickel tenor.

Neither Cominco nor Falconbridge did any drilling.

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Maniitsoq Project

2011 / 2012: Laying the Groundwork

North American Nickel Inc. TSX-V: NAN

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Total of 5,746 line-kilometers of helicopter borne SkyTEM / VTEM covering approximately 860km2 mainly focused on the Greenland Norite Belt (GNB) but small survey also flown over the Pingo showing (about 15 km to the northwest of the GNB).

Nominal flight line spacing of 200 to 100 meters.

+200 conductive zones recognized to date.

Map shows total magnetic intensity reduced to pole and electromagnetic anomaly picks over the GNB.

The resulting identified conductors are 3 dimensionally modeled, providing low risk sub surface drill targets that returned significant drill intercepts

Helicopter TDEM

New Technology in an Old Camp

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

2012 Drill Program

1,551 METERS in 9 HOLES in 3 AREAS

Spotty Hill VTEM conductor P-55 tested intercepts:

123.94 m at 0.81% Ni, 0.21% Cu, 0.03% Co and 0.26 g/t TPM*

incl. 24.20 m at 1.75% Ni, 0.34% Cu, 0.06% Co and 0.52 g/t

TPM*

incl. 8.20 m at 2.39% Ni, 0.21% Cu, 0.07% Co and 0.60 g/t

TPM*

Imiak Hill VTEM Conductor P-54 tested intercepts:

26.98 m at 0.98% Ni, 0.44% Cu and 0.04% Co

incl. 16.64 m at 1.36% Ni, 0.52% Cu and 0.05% Co

Fossilik II VTEM conductors P-58 & P-59 tested:

Anomalous mineralization and off hole BHEM conductors

(possible future drill target: see Sept. 26, 2013 results)

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*TPM= total precious metals (Pt+Pd+Au)

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Nickel Deportment - QEMSCAN

Mass (

% N

i)

Legend

Pentlandite is the main nickel-

bearing mineral and contains 95.5

to 96.3% of all the nickel in the

samples.

Total potentially floatable

pentlandite ranges from 96.3 to

97.6%.

Pyrrhotite hosts 2.71 to 4.03% of

the nickel

Silicates host < 1% of the nickel.

Sample

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Elemental Deportment (Mass % Ni)

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www.northamericannickel.com 14 www.northamericannickel.com North American Nickel Inc. TSX-V: NAN

Maniitsoq Project

2013: Confirmation and Discovery

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

2013 Drill Program

25 holes totaling 4,266 meters completed.

Four significant intersections at Imiak Hill

(Aug 23, Sept 4 and Nov 5 news releases).

New zone of near solid to solid sulphides

intersected at Imiak North

(Sept 12 and Oct 23 news releases).

Fossilik: Potential tonnage added, 9km from

Imiak Hill (Sept 26, 2013 news release).

Spotty Hill: additional disseminated

mineralization intersected (October 23 news

release)

Recognition of the Imiak Hill Conduit Complex

Results released to date:

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IMIAK HILL

IMIAK NORTH

SPOTTY HILL

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Imiak Hill Conduit Complex: 3 Mineralized Intrusions

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Imiak Hill Longitudinal Section

NAN’s 2013 drilling has intersected Zones 10 and 30 at

depth. Deepest intersection is 185m vertically below

surface.

Zone 30 sulphide mineralization is increasing in intensity

with depth.

2013: Oct. 10, 2013 News

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MQ-13-023 (Zone 10) 10.33m (5.94m) @ 1.10% Ni, 0.38% Cu

MQ-13-028 (Zone 30) 24.75m (11.08m) @ 3.19% Ni, 1.14% Cu

MQ-13-026 (Zone 30) 25.51m (11.94m) @ 3.25% Ni, 0.48% Cu

MQ-13-019 (Zone 30) 8.68m (5.58m) @ 1.53% Ni, 0.43% Cu

MQ-13-024 (Zone 30) 14.90m (8.33m) @ 2.67% Ni, 0.39% Cu

MQ-13-019: 8.68m (5.58 m)* @ 1.53% Ni, 0.43% Cu, 0.06% Co

MQ-13-024: 14.90m (8.33 m)* @ 2.67% Ni, 0.39% Cu, 0.09% Co

MQ-13-026: 25.51m (11.94 m)* @ 3.25% Ni, 0.48% Cu, 0.11% Co

Incl. 18.62m (8.70 m)* @ 4.31% Ni, 0.62% Cu, 0.14% Co

MQ-13-028: 24.75 m (11.08m)* @ 3.19% Ni, 1.14% Cu, 0.11% Co

Incl. 17.91m (8.10 m)* @ 3.80% Ni, 1.42% Cu, 0.13% Co

And 2.40 m (1.10 m)* @ 4.44% Ni, 1.13% Cu, 0.15% Co

BHEM response is also increasing with depth.

Open at depth.

*Estimated true width is shown in brackets

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Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

55.75 m @ 1.28% Ni, 0.36% Cu, 0.04%Co, 0.06 g/t TPM

Incl. 9.99 m @ 4.65% Ni, 0.33% Cu, 0.13% Co, 0.14 g/t TPM

Imiak North Discovery – Assay Results

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64.11 m @ 0.44% Ni, 0.20% Cu, 0.01%Co, 0.04 g/t TPM

Incl. 24.98 m @ 0.71% Ni, 0.31% Cu, 0.01% Co, 0.07 g/t TPM

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2013 ADDITIONAL DRILLING:

2012 DISCOVERY:

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Spotty Hill

123.94 m of high grade sulphides in hole MQ-12-005.

119 m of anomalous mineralization in MQ-12-009.

Significant 2012 Drill intersections from Spotty Hill

www.northamericannickel.com

123.94 m @ 0.81% Ni, 0.21% Cu, 0.03% Co, 0.26 g/t PGM

Incl. 24.20 m @ 1.75% Ni, 0.34% Cu, 0.06% Co, 0.52 g/t PGM

Incl. 8.20 m @ 2.39% Ni, 0.21% Cu, 0.07% Co, 0.60 g/t PGM

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MQ-13-022

Collared 53 m southeast of MQ-12-005.

Intersected 20.07 m grading 0.68% Ni, 0.28% Cu,

0.02% Co and 0.32 g/t TPM.

Including 2.07 m assaying 2.03% Ni, 0.11% Cu,

0.07% Co and 0.78 g/t TPM.

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Maniitsoq Project

2014 : Delineation and Exploration

North American Nickel Inc. TSX-V: NAN

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2014 Exploration Plans

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Targeted surface geophysical surveys to develop deep targets at the Imiak Hill Conduit Complex. Techniques include:

Large loop pulse electromagnetic and gravity surveys.

Focused drilling (~5,000 metres) at the Imiak Hill Conduit Complex.

Expand near solid to solid sulphide zones at Imiak Hill.

Test down plunge of near solid to solid sulphide mineralization at Imiak North.

Define extent of strong disseminated sulphide mineralization at Spotty Hill, Imiak North and Fossilik.

Drill test (~2,000 metres) priority regional target zones across the belt.

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Objective:

Create drill success and begin work towards an initial resource estimate NI 43-101 report

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NAN’s exclusive mineral exploration licences cover virtually all of the Greenland Norite Belt and Maniitsoq Impact Structure and all significant associated nickel sulphide occurrences.

Four noritic intrusions comprising the Imiak Hill Conduit Complex (IHCC) with significant sulphide mineralization identified to date:

Imiak Hill - near solid to solid sulphides – high grade nickel mineralization

Imiak North – disseminated and near solid to solid sulphides

Spotty Hill – strong disseminated sulphides

Additional mineralized norite within 10 km of the IHCC

Fossilik – strong disseminated suphides

The mineralization in all four norites are open at depth.

High priority regional targets to be followed up.

Maniitsoq Ni-Cu-Co-PGM Project

South West Greenland

Summary

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Why Buy NAN?: World’s Next Nickel Camp

Investor Risk Mitigation: These “boxes” are already ticked

Greenland is a secure political jurisdiction supported by pro-mining government;

Significant historic exploration data and drill core analyzed and interpreted by NAN

Maniitsoq’s geology is exemplary for district scale nickel potential:

Abundance of Ni-Cu sulphide occurrences at surface & in drilling;

High Nickel tenor – consistent across 7KM belt

Major, long lived structures; and

Large-scale mafic igneous event associated with meteorite impact

QEMSCAN testing suggests good recoveries expected

Modern helicopter “terrain hugging” surveys optimal for Maniitsoq’s topography and mineralization immediate success >100 EM anomalies

Access to ice free tide water, 12 month of the year: Moderate climate

Low cost power potential, (hydro electricity generation) and near by access to deep water shipping

Management has a discovery track record;

NAN has a strategic investor: The Sentient Group; owns 41% (VMS Owns 23.9%)

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FOR MORE INFORMATION

PLEASE VISIT

www.northamericannickel.com

QUJANAQ / TAK

NORTH AMERICAN NICKEL INC.

TSX V: NAN

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