Maniitsoq Exploration Program Update
NORTH AMERICAN NICKEL INC.
2200-1055 W. Hastings Street
Vancouver, BC
V6E 2E9
Tel: (604) 770-4334
Toll Free: 1-866-816-0118
MANIITSOQ EXPLORATION PROGRAM UPDATE
Vancouver, British Columbia, August 30, 2017 – North American Nickel Inc. (TSX VENTURE: NAN)
(OTCBB: WSCRF) (CUSIP: 65704T 108) (the "Company") is pleased to provide an update on the 2017
exploration program underway at the Company's 100% owned Maniitsoq nickel-copper-cobalt-PGM project
in Southwest Greenland.
The Company is implementing the third year of a three-year strategy to advance the Maniitsoq Project. The
exploration program is focussed on step-out drilling at the Imiak Hill Complex, Fossilik and P-013SE (Figure
1) and also includes borehole electromagnetic surveys, surface Induced Polarization geophysical surveys,
mapping, structural geological studies and 3D modeling.
Step-out drilling has been completed at the P-013 SE target and is on-going at the Imiak Hill Complex (IHC)
and Fossilik area. A total of 5,378 metres in fifteen holes and one hole extension have been completed to
August 25th out of the total 11,000 metre planned program. Drilling productivity has been lower than
expected. As a result, the Company has recently mobilized an additional drill rig to site and has extended
the drilling program by two weeks to late September in order to achieve as many meters as possible. The
Company is currently forecasting completion of approximately 9,000 to 9,500 metres of drilling.
New to the program in 2017 is the use of an in -country sample preparation laboratory based in the capital
of Nuuk. The Company is pleased to report that the laboratory, run by GeoLAB Greenland ApS, is now in
commercial operation and that the first batch of sample pulps is being prepared for shipment to the MS
Analytical laboratory in Langely, BC . The Company anticipates that the use of the in -country preparation
laboratory will ultimately allow for quicker overall reporting of assay results once the initial back log of
samples is cleared. Receipt of first assay results are expected in mid to late September and will be reported
as received.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq,
Greenland and Sudbury, Ontario.
The Maniitsoq property in Greenland is a Camp scale project comprising 2,985 square km covering
numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic
intrusions o f the Greenland Norite Belt (GNB). The >75km -long belt is situated along, and near, the
southwest coast of Greenland accessible from the existing Seqi deep water port (See NAN News Release
dated January 19, 2015) with an all year round shipping season and abundant hydro-electric potential.
The Post Creek/Halcyon property in Sudbury is strategically located adjacent to the past producing
Podolsky copper-nickel-platinum group metal deposit of KGHM International Ltd. The property lies along
the extension of th e Whistle Offset dyke structure. Such geological structures host major Ni -Cu-PGM
deposits and producing mines within the Sudbury Camp.
Cautionary Note Regarding Forward-looking Statements
This press release contains certain "forward -looking statements" and "forward-looking information" under
applicable securities laws concerning the business, operations and financial performance and condition of
the Company. Forward-looking statements and forward-looking information include, but are not limited to,
statements with respect to the success of exploration activities; impact of mineralogy, estimation of mineral
resources at mineral projects of the Company; the future economics of minerals including nickel and copper;
synergies and financial impact facilities; the benefits of the development potential of the properties of the
Company and currency exchange rate fluctuations. Except for statements of historical fact relating to the
Company, certain information contained herein constitutes forward -looking statements. Forward-looking
statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe,"
"anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or
"will" occur. Forward-looking statements are based on the opinions and estimates of management at the
date the statements are made, and are based on a number of assumptions and subject to a variety of risks
and uncertainties and other factors that could cause actual events or resul ts to differ materially from those
projected in the forward-looking statements. Many of these assumptions are based on factors and events
that are not within the control of the Company and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary materially from results anticipated by such forward -looking
statements include variations in metal grades, changes in market conditions, variations in recovery rates,
risks relating to international operations, fluctuating metal prices and currency exchange rates, and other
risks of the mining industry, including but not limited to the failure of plant, equipment or processes to
operate as anticipated. The Company cautions that the foregoing list of important factors is not exhaustive.
Investors and others who base themselves on forward -looking statements should carefully consider the
above factors as well as the uncertainties they represent and the risk they entail. The Company believes
that the expectations reflected in th ose forward-looking statements are reasonable, but no assurance can
be given that these expectations will prove to be correct and such forward -looking statements included in
this press release should not be unduly relied upon. These statements speak only a s of the date of this
press release. The Company undertakes no obligation to update forward -looking statements if
circumstances or management's estimates or opinions should change except as required by applicable
securities laws.
Although the Company has attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking statements, there may be other factors
that cause actions, events or results not to be anticipated, estim ated or intended. Statements concerning
mineral reserve and resource estimates may also be deemed to constitute forward -looking statements to
the extent they involve estimates of the mineralization that will be encountered if the property is developed.
Statements about the Company's future expectations and all other statements in this press release other
than historical facts are "forward looking statements" within the meaning of Section 27A of the Securities
Act of 1933, Section 21E of the Securities Excha nge Act of 1934 and as that term defined in the Private
Litigation Reform Act of 1995. The Company intends that such forward -looking statements be subject to
the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject
to change at any time, the Company's actual results may differ materially from the expected results . For
further information on the project, please see National Instrument 43 -101 (NI 43 -101) t echnical report
prepared by SRK Consulting (Canada) Inc. (SRK) dated effective March 24 th, 2016, titled “Independent
Technical Report for the Maniitsoq Nickel -Copper-PGM Project, Greenland ”, available under the
Company's profile at www.sedar.com or at www.northamericannickel.com
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Fedikow
President
North American Nickel Inc.
For more information contact:
North American Nickel Inc.
Jaclyn Ruptash
Corporate Communications
(604) 770-4334
Toll free: 1-866-816-0118
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.