Nickel North Commences $5 Million Drill Program on Hawk Ridge Project

Nickel North Exploration Corp. (TSX VENTURE:NNX) (the "Company" or "Nickel
North") is pleased to announce that it has commenced drilling on the Company's
100% owned Hawk Ridge Project located in northern Quebec. The $5 Million
exploration program planned entirely for Hawk Ridge will include approximately
7,000 meters of diamond drilling utilized in two phases. The first phase,
consisting of approximately 4,000 meters of drilling, will focus on exploring
for high-grade, Raglan-style mineralization. The second phase will involve
definition drilling of approximately 3,000 meters and focus on expanding upon
the Company's preliminary resource estimates (completed in spring 2013) done on
the two intermediate-grade, large tonnage targets of Hopes Advance Main and
Gamma zone. One of the main objectives for this year's exploration program is
working towards a NI 43-101 resource calculation.


Phillip Mudry, Nickel North's President and CEO stated, "We are very excited to
begin drilling on high-grade semi-massive to massive sulphide targets in areas
with little or no previous drilling. Our strategy combines the latest techniques
used in geophysics and 3D modelling for magmatic nickel copper exploration."


About Nickel North Exploration Corp.

Nickel North Exploration Corp. is a Canadian based exploration company whose
shares trade on the TSX Venture Exchange under the symbol NNX. The board of
directors, advisory committee and management team feature highly experienced
mining professionals and technical experts with an extensive history of mineral
discovery and mine development; corporate finance and capital markets; as well
as corporate mergers, acquisitions and take-overs. Nickel North Exploration
Corp. is a conscientious corporate citizen, maintains good relations with First
Nations, and is committed to sustainable development. The Company's corporate
mission is to become a pre-eminent supplier of nickel, copper and Platinum Group
Elements for domestic and global export markets.


For more information, please visit www.NickelNorth.com.

ON BEHALF OF NICKEL NORTH EXPLORATION CORP.

Phillip Mudry, President and Chief Executive Officer

The technical information in this news release has been reviewed by Phillip
Mudry, P.Geol, Nickel North's President and CEO, and a qualified person as
defined by National Instrument 43-101. The Hawk Ridge NI 43-101 technical report
has been filed on SEDAR and is available on the company's website.


Disclaimer for Forward-Looking Statements

All statements, other than statements of historical fact, included herein are
forward-looking statements that are subject to risks and uncertainties.
Forward-looking statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate", "expect",
"likely" and "intend" and statements that an event or result "may", "will",
"should", "could" or "might" occur or be achieved and other similar expressions.
Forward-looking statements in this news release include statements
gabbro-ultramafic contact zone is a well-known igneous metallogenic process for
generating immiscible sulphides, and suggests that the sulphide mineralization
at Hawk Ridge, which forms in and about the gabbro-ultramafic contact is the
result of a large scale property-wide mixing of two compositionally diverse
magmas; the same type of transition in the nature of the sulphide mineralization
from disseminated to semi-massive to massive is well documented in the magmatic
"plumbing" system passing from the "Feeder Dyke" to the "Ovoid" and "Eastern
Deeps" at Voisey's Bay; has revealed a new target of high-grade Cu-Ni sulphide
mineralization not previously exploited; planning for a much larger campaign in
2013. Forward looking statements are subject to business and economic risks and
uncertainties and other factors that could cause actual results of operations to
differ materially from those contained in the forward-looking statements.
Important factors that could cause actual results to differ materially from the
Company's expectations include fluctuations in commodity prices and currency
exchange rates; uncertainties relating to interpretation of drill results and
the geology, continuity and grade of mineral deposits; the need for cooperation
of government agencies and native groups in the exploration and development of
properties and the issuance of required permits; the need to obtain additional
financing to develop properties and uncertainty as to the availability and terms
of future financing; the possibility of delay in exploration or development
programs and uncertainty of meeting anticipated program milestones; and
uncertainty as to timely availability of permits and other governmental
approvals. Forward-looking statements are based on estimates and opinions of
management at the date the statements are made. The Company does not undertake
any obligation to update forward-looking statements except as required by
applicable securities laws. Investors should not place undue reliance on
forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nickel North Exploration Corp.
Corporate
604-609-6182
604-899-1240 (FAX)
email: invest@nickelnorth.com
www.NickelNorth.com
Nickel North Exploration (TSXV:NNX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024