NEW YORK North American Nickel Inc. announced July 15 that Greenlands Bureau of Minerals and Petroleum has approved an expansion of one of its mineral exploration licenses in the country.
License 2012/28, one of two contiguous licenses comprising North American Nickels Maniitsoq project in Greenland, has been expanded by 30,400 acres, the company said.
The expansion brings the total area covered by the project to 1.26 million acres.
North American Nickel said the project areas expansion consists of land that most recently belonged to an exploration company specializing in diamond exploration. The company added that acquired areas contain exposures of norite, the rock type most commonly associated with nickel and copper sulphide mineralization at Maniitsoq.
With the acquisition of this new ground, North American Nickel now controls over 90 percent of the highly prospective Greenland Norite Belt, North American Nickel chief executive officer Rick Mark said in the release.
The company currently has field crews and a diamond drill rig operating on the project and is drill testing targets throughout the norite belt.