North american Nickel - news(hints to strong ties with HBM)
posted on
May 25, 2011 07:54PM
Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres
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.
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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..