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As of 3:57 PM 07/8/14 All times are local (Market data is delayed by at least 15 minutes).

nickel north exploration cor (NNX) Snapshot

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07/30/13 - C$0.18
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Market Cap
6.6M
Average Volume 10 Days
3.8K
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Shares Outstanding
65.7M
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nickel north exploration cor (NNX) Details

Nickel North Exploration Corp. operates as a resource exploration company in Canada. It owns 100% interests in the Hawk Ridge Ni-Cu-PGM property that consists of 429 mineral claims covering an area of 18,700.4 hectares and is located to the northwest of Kuujjuak, Ungava Bay region, Quebec. The company was formerly known as Orient Venture Capital Inc. and changed its name to Nickel North Exploration Corp. in July 2012. Nickel North Exploration Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

nickel north exploration cor (NNX) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$89.8K
Vice President of Finance
Total Annual Compensation: C$20.0K
Compensation as of Fiscal Year 2013.

nickel north exploration cor (NNX) Key Developments

Nickel North Initiates 2014 Exploration Program at Hawk Ridge

Nickel North Exploration Corp. announced the commencement of exploration activities at its 100% owned Hawk Ridge Ni-Cu-PGE Project in Northern Quebec. As of July 1, 2014, technical personnel have been mobilized to site and field crews have initiated exploration activities. The principal objective for the 2014 exploration program is the identification and assessment of new high-grade Ni-Cu-PGE targets similar in tenor and geological setting to the Pio prospect; where a historic, non 43-101 compliant resource calculation (Lone Star Mining, 1974) estimated 7,260 tonnes grading an average of 6.9% Cu and 0.3% Ni from the East vein and 9,662 tonnes grading an average of 6.6% Cu and 3.2% Ni In the West Vein, and; the Gamma prospect where DH-2012-03, returned an intercept 4.67% Cu, 2.84% Ni, 0.09% Co, with 1.31 g/t PGE + Au over 1.86 m. Recent compilation studies have indicated high-grade mineralization on the Hawk Ridge property is associated primarily with sedimentary sulphides. Known metalliferous sedimentary sulphide zones on the property are Pio, Gamma and Hopes Advance North. Exceptions to this is style of mineralization have been described from the property and are illustrated by the high-grade intercept from the Gamma zone which is recognized as high grade magmatic sulphide mineralization. The data indicate potential exists for additional discoveries of both high-grade ore types within the known mineralized belts on the Hawk Ridge Project. The exploration program is will be rolled out in phases with the initial fieldwork focused on ground proofing targets generated through recent desk-top studies. Mutli-element geochemical analyses of bedrock mineralization using handheld, portable XRF devices, geological mapping and sampling of targeted prospects are expected to be employed to qualify all potential target zones for follow-up ground geophysical surveys and diamond drilling. Additional Ground PEM surveys and diamond drilling are expected to be considered for inclusion as part of the 2014 exploration program based the on the results of the initial fieldwork and recommendations from Qualified Persons. Exploration targets that are expected to be the focus of the 2014 exploration program include; the Pio Lake, Crosson Lakes, Horseshoe, Lambda Lakes, Schindler Lake and Gamma Extension and Fold prospects.

Nickel North Exploration Corp. Announces Management Changes

Nickel North Exploration Corp. announced the appointment of Mr. Andrew Lee Smith as Interim President and Chief Executive Officer effective June 26, 2014. Mr. Smith replaces Mr. Phillip Mudry, who served as President and Chief Executive Officer since August 2012. Mr. Smith is a Professional Geologist. He has over 25 years of experience exploring, developing and operating North American base and precious metals mining projects. He is also President and CEO of East Africa Metals Inc. and a Director of True North Gems Inc. The company has terminated the consulting services agreement with Mr. Mudry, and his consulting company, Geosource Consulting Inc. to act as President and CEO of Nickel North. It is expected that Mr. Mudry will continue to direct the exploration at the company's Hawk Ridge Cu-Ni-PGE project in northern Quebec pending the negotiation of a new consulting agreement for his services.

Nickel North Exploration Corp., Annual General Meeting, Jul 08, 2014

Nickel North Exploration Corp., Annual General Meeting, Jul 08, 2014., at 10:00 Pacific Daylight. Location: Offices of the company, at 3114 ­ 1055 Dunsmuir Street. Agenda: To receive the audited financial statements for the financial year ended December 31, 2013, together with the auditor's report on those financial statements; to elect the directors; to appoint the auditor and to authorize the directors to fix the auditor's remuneration; to consider and, if thought fit, to approve the stock option plan; and to transact such other business as may properly come before the Meeting and any adjournment or postponement thereof.

 

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