Former CEO and Chair of Falconbridge, Alex Balogh, Joins North American Nickel's Advisory Board
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/12/13 -- North American Nickel Inc. (TSX VENTURE: NAN)(OTCBB: WSCRF)(CUSIP: 65704T 108) North American Nickel ("NAN") is pleased to announce that Mr. Alex Balogh has joined the Company's Advisory Board.
Mr. Balogh 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, International Council on Metals and the Environment (ICME), Chairman, Council of Mining and Metallurgical Institutes, Director, Mining Association of Canada, and as a member of other not for profit national and international organizations. Mr. Balogh also sits on The Sentient Council, an advisory body to The Sentient Group, and is a current member of the Advisory Board of Hatch Associates. Mr. Balogh has at various times sat on the Board of Directors of fifteen listed companies.
Rick Mark, CEO of North American Nickel states: "The Company is honoured that Alex has consented to help guide us at this exciting juncture in NAN's history. As we plan for success in 2013 at our 100% owned nickel-copper-cobalt-PGM sulphide Maniitsoq project in southwest Greenland, his years of world-wide mining experience will assist us in all aspects of developing a new Nickel camp".
Mr. Balogh is a metallurgical engineer and has more than 40 years of experience in the mining and metallurgical industry.
About North American Nickel
North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland, Sudbury, Ontario, and the Thompson, Manitoba nickel belt. VMS Ventures Inc. (TSX VENTURE: VMS) owns approximately 21M shares of NAN.
The Maniitsoq property in Greenland is a Camp scale project comprising 4,983 square km's covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The 70km plus long belt is situated along, and near, the southwest coast of Greenland, which is pack ice free year round.
The first two discoveries of economic mineralization at Imiak Hill and Spotty Hill confirm the high value and potential of the GNB.
The Post Creek/Halycon property in Sudbury is strategically located adjacent to the producing Podolsky copper-nickel-platinum group metal deposit of Quadra FNX Mining. The property lies along the extension of the Whistle Offset dyke structure. Such geological structures host major Ni-Cu-PGM deposits and producing mines within the Sudbury Camp.
The WIC is situated 13 km southeast of Sudbury and 1 km south of Trans-Canada Highway 17 at Wanapitei. It is an elongate 5.6 km by 2.4 km layered mafic intrusion trending northeast-southwest that comprises nickel-copper-PGE mineralized gabbro-norite and a gabbro "Injection Breccia Zone".
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 Exchange 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.
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.
Contacts:
North American Nickel Inc.
Evan Sleeman
604-986-2020 or Toll free: 1-866-816-0118
www.northamericannickel.com
