Dear North American Nickel and VMS Followers,

Following our news release sent out this morning, we wanted to share with you a research note on North American Nickel published by Haywood Securities today. Here is one paragraph from the piece:

"Nickel-Copper mineralization at Imiak Hill is hosted in noritic intrusive rocks, and is defined by three discrete, steeply dipping massive sulphide lenses that are ~30 metres wide and ~100 metres in length-each of which is open to the south and at depth. Further drilling is required to determine the size potential of the mineralized zone-in particular, whether these sub-vertical lenses are part of a larger, deep-seated ‘magma-conduit system’ synonymous with geologically similar deposit types including Voisey’s Bay in Labrador. Imiak Hill’s relationship to Imiak North and Spotty Hill (i.e., the ‘Imiak Hill Conduit Complex’) also needs to be determined. While the higher grade nickel intersections at Maniitsoq to date are not as long as those associated with the Voisey’s Bay discovery of the 1990s, the results are indicative of a potentially prolific nickel-sulphide system. More drilling is definitely warranted. In the meantime, we continue to eagerly await assay results from hole MQ-13-028, which intersected 24.8 metres of 35%-40% sulphides at Imiak Hill   (~30 metres down plunge from ‘discovery’ hole MQ-13-026; see above)."

Please  CLICK HERE  to view the 4 page report.

Best regards, 

Rick Mark
CEO
North American Nickel and VMS Ventures

VMS owns ~23.9% of NAN