bobbywest19's Profile
bobbywest19's Posts
North American Nickel Inc. Announces Cashel Meagher, VP Exploration of HudBay Minerals, Joins Its Advisory Board; Grant of Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 24, 2011) - North American Nickel Inc. (OTCBB:WSCRF)(CUSIP:65704T 108) is pleased to announce the appointment of Cashel Meagher to its Advisory Board.
Rick Mark, CEO of North American Nickel states; "We are delighted to have Cashel Meagher join our Advisory Board. Cashel's eight years at Inco's mining division in Sudbury gives him a unique understanding of the people, projects and potential opportunities in the region. He also brings practical knowledge of Sudbury ore types, economics and exploration techniques. We have come to know him well these past two years during our VMS negotiations and exploration planning with HudBay around the Reed Lake JV and option agreements. We meet regularly to oversee the development of these projects and I value Cashel's perspective and experience and look forward to working with him to build North American Nickel."
Mr. Meagher joined HudBay in November, 2008 and was promoted to the role of Vice President, Exploration in March, 2010. He has an extensive background in precious metal and base metal exploration, resource and reserve estimation, engineering studies and open pit and underground operations. Prior to joining HudBay, Mr. Meagher held management positions with Vale Inco in exploration, technical services, business analysis and mine operations. He graduated in 1994 with a Bachelor of Science Joint Advanced Major degree in Geology and Chemistry from Saint Francis Xavier University, and he is a member in good standing with the Association of Professional Geoscientists of Ontario.
The Company has granted incentive stock options to certain directors, officers, employees, consultants and advisors of the Company to purchase up to 150,000 common shares in the capital of the Company pursuant to the Company's stock option plan and subject to regulatory approval. The options are exercisable, on or before May 24, 2016 at an exercise price of
.20 per share.
_______________________
i dont think this should be over looked, he must be a busy man, as at they state, meet regularly.. news like this might seem like fluff, but it shows a friendly atmosphere between the 2 companies..
http://www.vmsventures.com/Theme/VMS/files/Reed_Proposed_DDH_20110331_r3.jpg
by far the best map ive seen.. shows approximatly where hbm will be drilling on the option claims.. and gives you a better look at cowan, rather then a large red star lol i just wish it had cowans drill locations.. 5 holes.. and they say 1.5 km from the highway so i guess that hole came from the lower left of the cowan circle.
look how close it is! check google they got a gravel logging road leading to the deposit.. so far 75 meters from surface.. wow exciting lol 4 more holes to come.. might be narrow intervals for now, im sure theyll find it..
reed lake, sails, and now cowan
something tells me it wont be the only discovery this year.. or i guess only 2(sails was announced this year to) they know how to find deposits.. not everyone will be mined, but when they find them at this rate..
reminds me of back in the day when vms posted core pictures before assays lol lots of excitement grew about numbers, and then we saw reeds numbers lol
exciting! times... and hbm is drilling outside the discovery.. love it :D
wow lol i had that hunch.. it kept burning in the back of my mind..
great news.. intercept is small yes, but 4 more holes to come, and management seems to be emply more to come :D
heh you beat me to it..
has anyone else noticed how when they talk about results for the 100% projects, cowan comes up alot.. it was drilled after copper, but they seem to imply the results we are waiting for is from cowan..
and they must expect something? otherwise why would they keep bringing up the fact those results will be out soon, if the expect them to be shit?