North American Nickel Files Updated National Instrument 43-101 Technical Report on the Maniitsoq Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 17, 2017) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF)(CUSIP: 65704T 108) (the "Company") announces that it has filed an updated technical report (the "Technical Report") in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") documenting its recent work on the Company's 100% owned Maniitsoq property in southwest Greenland.

The report, titled "Updated Independent Technical Report for the Maniitsoq Nickel-Copper-Cobalt-PGM Project, Greenland" and dated March 17, 2017, was filed on SEDAR under the Company's issuer profile at www.sedar.com, and is also available on the Company's website at www.northamericannickel.com.

Qualified Person

The Report was prepared by Dr. Jean-François Ravenelle, PGeo and Dr. Lars Weiershäuser, PGeo, of SRK Consulting (Canada) Inc., each of whom is independent of North American Nickel and a "qualified person" (for purposes of NI 43-101).

The information in this release was reviewed and prepared under the direction of Patricia Tirschmann, P. Geo, Vice President of Exploration for the Company, who is a "qualified person" (for purposes of NI 43-101).

The Company is not aware of any legal, political, environmental, or other risks that could materially affect the potential development of the project other than those set out in the Company's most recent annual information form filed on SEDAR under the Company's issuer profile at www.sedar.com. Please see below under the heading "Cautionary Note Regarding Forward-looking Statements" for further details regarding risks facing the Company.

About the Company

The Company is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Sudbury, Ontario.

The Maniitsoq property in Greenland is a Camp scale project comprising 2,985 square kilometres covering numerous high-grade nickel-copper sulphide occurrences associated with norite and other mafic-ultramafic intrusions of the Greenland Norite Belt (GNB). The belt is greater than 75 kilometres long and situated along, and near, the southwest coast of Greenland accessible from the existing Seqi deep water port (see the Company's news release dated January 19, 2015) with an all year round shipping season and abundant hydro-electric potential.