The document summarizes a nickel exploration project in Greenland. It discusses the district-scale land position held by the company, widespread nickel-copper sulphide drill intersections made to date, and plans for continuity drilling in 2016. The style of mineralization involves pyrrhotite, pentlandite, chalcopyrite and pyrite. Geological studies found over 90% of nickel is contained in pentlandite, indicating potential for high nickel recoveries.

1. Maniitsoq Ni-Cu Sulphide Project, SW Greenland
A District Scale Nickel Opportunity
February 2016

2. 2
Cautionary Note Regarding Forward-looking Statements
This document contains certain "forward-looking statements" and "forward-looking information" under applicable securities laws concerning the
business, operations and financial performance and condition of the Company. Forward-looking statements and forward-looking information include, but
are not limited to, statements with respect to the ability to complete the port assignment, the ability of the Company to realize upon the benefit of owning
the port, impact of mineralogy, estimation of mineral resources at mineral projects of the Company; economics of production; success of exploration
activities; the future economics of minerals including nickel and copper; synergies and financial impact facilities; the benefits of the development
potential of the properties of the Company and currency exchange rate fluctuations. Except for statements of historical fact relating to the Company,
certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as
"plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or
"will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based
on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the
control of the Company and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results
anticipated by such forward-looking statements include difficulties realized in completion of the assignment, barriers to the assignment, difficulties in
development of the assets and suitability of the port in relation to development of the assets of the Company, variations in metal grades, changes in
market conditions, variations in recovery rates, risks relating to international operations, fluctuating metal prices and currency exchange rates, and other
risks of the mining industry, including but not limited to the failure of plant, equipment or processes to operate as anticipated. The Company cautions that
the foregoing list of important factors is not exhaustive. Investors and others who base themselves on forward-looking statements should carefully
consider the above factors as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in
those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-
looking statements included in this document should not be unduly relied upon. These statements speak only as of the date of this document. The
Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except
as required by applicable securities laws.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended.
Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve
estimates of the mineralization that will be encountered if the property is developed.
Statements about the Company's future expectations and all other statements in this document other than historical facts are "forward looking
statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term
defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbours created
thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially
from the expected results.

3. 3
COMPANY OVERVIEW
Exploring for nickel-copper sulphides in Greenland and Canada
Prospector and Developer of the Year 2015 Award; Government of Greenland
CAPITAL STRUCTURE (As at February 2016)
Issued & Outstanding: 207,629,506
Warrants: ($0.21 - $1.00) 27,738,344
Options: 16,288,000
Fully Diluted: 251,655,850
52 Week High/Low $0.28/$0.065
Current Price $0.08
Market Cap $16 million
Cash $2.3 million
SIGNIFICANT SHAREHOLDERS
Sentient Group 49.7%
 Company listed on the TSX-V in May 2011
 Flagship Maniitsoq exploration project in SW
Greenland with district scale land position
(~3,000 sq. km.)
 Widespread and significant Ni-Cu sulphide
drill intersections
 2016 continuity drilling on multiple prioritized
NiS zones
 Experienced management, board and
advisors with technical and operational nickel
expertise
 Strong cornerstone investor

4. 4
NICKEL SULPHIDE DEPLETION AND
OPPORTUNITY
 A 250,000 T/A supply deficit is
forecasted by 2025 due to the
depletion of operating NiS
producers
 This is the equivalent to the
production from 10 new NiS mines
 Estimates already include
production forecasts from
Eagle and Nova-Bollinger
 Lack of exploration investment and
time to development make filling
this deficit improbable
 The timing for this supply deficit
matches a possible development
timeline for a discovery at Maniitsoq
Sources: LME, Wood Mackenzie, January 2015

5. CURRENT NICKEL SUPPLY, MINES & CASH
COSTS ($USD)
5
 Spot prices are at a 10 year
low with visible inventories
at a 10 year high
 Estimated 70% of
producers are unprofitable
 Supply side rationalization
of high cost production
(generally Ni laterite ) is
slow
 Big balance sheets
can absorb short term
spot price weakness
 Producers are waiting
for the other guys to
fold first
 NiS mines dominate low
cost H1 production but are
depleting; Thompson,
Sudbury, Voisey’s Bay
C1CashCost$USD/lb
Mlbs (Mlbs)
Reference line: $3.75 USD/lb Ni

6. NAN PROFESSIONAL TEAM
MANAGEMENT TEAM
Keith Morrison, P. Geo., Chief Executive Officer
• Over 30 years experience in the resources sector with a background in strategy,
finance, exploration, technology, global operations, capital markets and corporate
development.
Mark Fedikow, PhD, P. Geo., President
• 35 years of industry and government experience
• Former Chief Geologist, Mineral Deposits Section
(Manitoba Geological Survey)
Cheryl Messier, CGA, Chief Financial Officer
• Over 15 years in finance with last 7 years as CFO/controller
Neil Richardson, P. Geo., Chief Operating Officer
• Over 26 years in mineral exploration and mining operations
( Hudbay, Murgor)
• Extensive experience in Resource-Reserve estimations
Patricia Tirschmann, MSc, P. Geo., V.P Exploration
• 26 years specializing in Ni-Cu sulphide exploration
• Senior Geologist with Falconbridge Limited and former VP Exploration
Continental Nickel Limited
Jim Sparling, P. Geo., MBA, Project Manager
• Over 25 years exploring for base metals and gold
• member of Hudbay team with four economic discoveries
Gerry Katchen , B.Sc., P.Geo., Senior Project Geologist
• 16 years of experience in greenfields/brownfields exploration and mining.
• Experience in Nickel-Copper-PGM’s & Archaen greenstone hosted
gold. Former Sr. Geologist with Continental Nickel Ltd.
Sharon Taylor , B.Sc., M.Sc., P.Geo., Chief Geophysicist
• Over 25 years in mineral exploration with Falconbridge, Noranda, and Xstrata.
• Experience in volcanogenic massive sulfide and nickel exploration in major
mining camps including Kidd Creek, Bathurst, Raglan, Sudbury and Kabanga
BOARD OF DIRECTORS
John Sabine, Non-executive Chairman
• Senior Counsel to Bennett Jones LLP with over 40 years of legal expertise in
mining, corporate reorganizations, securities, financings and mergers and
acquisitions
Keith Morrison
Douglas Ford
• 27 years working in public markets incl. CFO; experience in corporate finance,
financial reporting, compliance, public and media relations
Christopher Messina
• 22 years of international experience in the global capital markets, private
equity, commodities
• Advisor to a number of technology companies in the big data analytics
Gilbert Clark
• Geologist with over 13 years industry experience incl. mining and
international resource developments
• Investment Advisor with Sentient Group
Jim Clucas
• Former CFO of Inco’s Canadian Operations
• Founder of International Nickel Ventures Inc.
Edward Ford
• Chartered accountant and specialist in venture capital and
bridge financing
• 40 years experience in financial development plans
John Roozendaal
• Founding director, President and interim CEO of VMS Ventures
• 20 years of mineral exploration experience
6

7. GREENLAND: OPEN FOR BUSINESS
POPULATION: 59,900
Capital: Nuuk
 Government: Greenland is a democratic country
with a transparent regulatory system,
competitive mining tax regime and no land
claims issues
 Pro Mining: Committed to resource extraction
 A number of mining projects in the exploitation
permitting process and one in construction
phase.
 Government 100% land ownership
 Tax and Royalty Rates: Effective Corporate Tax
Rate: 31.8% (same for Greenlandic and foreign
companies); royalty: 5.5% (mining)
7

8. 8
MANIITSOQ PROPJECT – SW GREENLAND
 Located on the southwest coast of Greenland, which
is free of pack ice allowing for year round shipping
 Modern, well serviced container ports and European
standard logistical support and coastal re-supply
services
 Nearest nickel processing facility Vale’s Long
Harbour Processing Plant (LHPP) in Newfoundland
 Long Harbour is a state-of-the-art hydrometallurgical
plant designed to process concentrate into finished
nickel and associated copper and cobalt products.
Maniitsoq harbour looking east
towards the Maniitsoq project on the mainland

9. 9
NON-EXPLORATION DE-RISKING
SIA and EIA
 Social and environmental impact studies initiated
INFRASTRUCTURE ACQUISITION AND DEVELOPMENT
 SEQI Deepwater Port
 SEQI Assignment Agreement signed March 2015
 Environmental and technical due diligence completed (Golder, INUPLAN, LNS Greenland)
 Power: Small scale hydroelectric option (15-20 Mwh)

10. SEQI PORT
10
 Situated on the south boundary of the
project
 Can accommodate Panamax vessels
up to 55,000 tonnes dry weight
 Operational most of the year due to
limited sea ice cover
 Ownership of key infrastructure
 Cost-effective logistical hub
and exploration base
 Reduced project capital requirements
and time-lines
 Full flexibility on working capital

11. 11
EXPLORATION
OVERVIEW
 District scale property covering 2,985 sq km in SW
Greenland. 100% Owned
 75km x 15km Greenland Norite Belt (GNB) hosting
numerous mineralized mafic to ultramafic intrusions
 Widespread historic and new Ni-Cu sulphide
occurrences
 Imiak Hill Complex site of most intense exploration
prior to 2015
 Systematic exploration of the Maniitsoq property
initiated in 2015 and benefits from high percentage of
outcrop and modern geophysical / remote sensing
technologies

12. 12
Aug 2011
1st Maniitsoq
Expl. License
Acquired
EXPLORATION HISTORY
2011 2012 2015
Sept - Oct 2011
SkyTEM survey
flown
2012 - 2014
3 Field Programs
VTEM, Surface Geophysics
Drilling: 14,590m
High grade Ni-Cu at IHC & Fossilik and
expansion of zones:
18.6m @ 4.31% Ni & 0.62% Cu (Imiak)
P-004 & P-013 discoveries:
11.0m @ 1.31% Ni & 0.15% Cu (P-013)
32.2m @ 0.59% Ni & 0.18% Cu (P-004)
2015
VTEM, Surface Geophysics
Worldview- 3 Satellite Date
Mapping/Sampling
Drilling: 5,655m
Spotty Hill zone & P-013 expanded
P-032, P-053 & P-059 discoveries:
 23.7m @ 1.98% Ni & 0.62% Cu (P-053)
12.2m @ 1.16% Ni & 1.00% Cu (P-059)
13.8m @ 0.79% Ni & 0.27% Cu (P-032)
New geological model and targeting tools
Focus on
Imiak Hill Complex
Systematic Exploration
of Property
2016
Focused
Drilling
Campaign

13. 13
DISTRICT SCALE
PROPERTY
MANIITSOQ
0 10
km
SUDBURY
THOMPSON
NICKEL
BELT
Ni mines
Ni mines

14. 14
GEOLOGY
Nickeliferous Mafic-Ultramafic
Intrusions
 Concentrated in a 75 x 15km curvilinear belt
known as the Greenland Norite Belt (GNB)
 Norites, leuco-norites, pyroxenites &
peridotites with surface gossans
 Mineralized zones comprising multiple
styles of sulphides
 Age dates of ~ 3.0 Ga
Country Rocks
 Archean paragneiss, amphibolite and
orthogneiss, younger granitic intrusions
 Strongly deformed & metamorphosed
Nickel sulphide occurrence

15. 15
MANIITSOQ STYLE OF SULPHIDE MINERALIZATION
MQ-15-075, Spotty Hill
Massive sulphides
Semi-massive sulphides
Breccia sulphides
Veins/fracture fillings
Blebby
Disseminated
Barren host rock
Sulphide
Legend:
Massive
Sulphide
Vein
Disseminated
Blebby
Fracture
filling
Breccia
Vein
236.4m
0.99% Ni
237.1m
2.10% Ni
238.2m
1.56% Ni
239.4m
6.28% Ni
240.0m
1.20% Ni
243.4m
0.94% Ni
Semi-
massive

16. 16
MANIITSOQ SULPHIDE MINERALOGY
MQ-14-037, Imiak Hill
11.03 m @ 3.07% Ni, 0.53% Cu, 0.08% Co Incl. 3.25 m @ 6.48% Ni, 0.29% Cu, 0.17% Co
 Consistent sulphide mineralogy from prospect to prospect
 Pyrrhotite (Po), pentlandite (Pn), chalcopyrite (Cp) and pyrite (Py)
 Nickel primarily in pentlandite (>90%)
Pn
Po
Py
Cp

17. 17
NICKEL DEPORTMENT – QEMSCAN STUDIES
Majority of nickel resides in pentlandite:
 95.5 to 96.3% of all the nickel in the IHC samples
 90.1 to 93.1% of all nickel in the regional samples
Total potentially floatable pentlandite ranges from:
 96.3 to 97.6% in the IHC samples
 96.1 to 97.2% in the regional samples
QEMSCAN Image, P-30
Source: In-house Reports for NAN by SGS Lakefield Research Limited (June 2013 & Feb. 2015). See NAN website.
Scale bar = 1mm
 Results from IHC and regional samples support potential for high Ni recoveries
using conventional mineral processing methods:
QEMSCAN Image, Imiak Hill

18. EXPANDED EXPLORATION DATABASE
18
 Completed VTEM coverage over GNB in 2015
 Geochemical samples collected from norite
intrusions throughout GNB
 Acquired high resolution, multi-spectral
Worldview-3 satellite data over entire property
 State-of-the-art, satellite launched in 2014
 0.3 cm pan band
 1.2 m visible and near infrared bands (8)
 7.5 m shortwave infrared bands (8)
 Potential to vastly improve mapping detail
 Valuable exploration targeting tool
 Iterative, long life dataset

19. 19
WIDESPREAD NICKEL MINERALIZATION AND NEW DISCOVERIES
 IHC: Spotty Hill zone extended 80m down plunge
 NAN regional discoveries: P-004, P-013,P-032,
P-053 and P-059
 Significant new drill intersections in 2015: *Ni Eq
Spotty Hill (IHC)
MQ-15-075 15.55m @ 1.06% Ni, 0.24% Cu, 0.31 g/t TPM, 1.35% Ni Eq
incl. 6m @ 1.77% Ni, 0.23% Cu, 0.46 g/t TPM, 2.17% Ni Eq
P-013
MQ-15-079 10.65m @ 1.03% Ni, 0.39% Cu, 1.34% Ni Eq and
5.25m @ 1.15% Ni, 0.18% Cu, 1.35% Ni Eq
MQ-15-094 25.10m @ 0.57% Ni, 0.15% Cu, 0.70 Ni Eq incl.
1.15m @ 2.11% Ni, 0.27% Cu, 0.31 g/t TPM, 2.51% Ni Eq
11.95m @ 0.94% Ni, 0.44% Cu, 0.10 g/t TPM, 1.24% Ni Eq
P-032
MQ-15-090 13.8m @ 0.79% Ni,0.27% Cu, 1.0% Ni Eq incl.
1.5m @ 2.47% Ni, 0.69% Cu, 0.23 g/t TPM, 3.08 % Ni Eq
P-053
MQ-15-082 23.7m @ 1.98% Ni, 0.62% Cu, 0.19 g/t TPM, 2.56% Ni Eq incl.
12.2m @ 2.78% Ni, 0.36% Cu, 0.26 g/t TPM, 3.35% Ni Eq
P-058
MQ-15-077 21.5m @ 0.55% Ni, 0.27% Cu, 0.75% Ni Eq
P-059
MQ-15-078 12.15m @ 1.16% Ni, 1.00% Cu, 0.27 g/t TPM, 1.8% Ni Eq
Historic nickel occurrences
NAN discoveries and mineralized
norite with new drill intersections
TPM = Pt+Pd+Au
* Ni Eq: See news release dated November 25, 2015

20. 20
IMIAK HILL COMPLEX (IHC)
TPM = Total Precious Metals (Pt+Pd+Au)
MQ-13-029:
9.99 m @ 4.65% Ni, 0.33% Cu
MQ-14-073:
61.35 m @ 0.63% Ni, 0.18% Cu
Incl. 6.56 m @ 1.59% Ni, 0.22% Cu
MQ-14-062:
66.00 m @ 0.61% Ni, 0.16% Cu, 0.22 g/t TPM
Incl. 8.55 m @ 2.98% Ni, 0.59% Cu, 0.86 g/t TPM
MQ-14-072 (Zone 10):
16.35 m @ 2.51% Ni, 0.77% Cu
MQ-13-026 (Zone 30):
18.62 m @ 4.31% Ni, 0.62% Cu
(See slide 25 for commentary on significant technical information)
MQ-15-075:
15.55 m @ 1.06% Ni, 0.24% Cu, 0.31 g/t TPM
Incl. 6m @ 1.77% Ni, 0.23% Cu, 0.46 g/t TPM

21. 21
2015 DRILLING HIGHLIGHTS
P-059: MQ-15-078
12.15m @1.16% Ni, 1.00% Cu
& 0.27 g/t TPM, 1.80% Ni Eq
P-013: MQ-15-079
10.65m @ 1.03% Ni, 0.39 Cu, 1.34% *Ni Eq
P-058: MQ-15-077
21.5m @ 0.55% Ni, 0.27% Cu, 0.75% Ni Eq
P-053: MQ-15-082
23.7m @ 1.98% Ni, 0.62% Cu & 0.19 g/t TPM, 2.56% *Ni Eq
Spotty Hill: MQ-15-075
15.55m @ 1.06% Ni, 0.24% Cu & 0.31 g/t TPM, 1.35% *Ni Eq
* Ni Eq: See news release dated November 25, 2015

22. 22
MANIITSOQ CHECKLIST
Stable, pro-mining jurisdiction
Evidence of a large magmatic event (GNB)
Widespread nickel, district scale potential
Good nickel grades and tenor
> 90% nickel in pentlandite
Opportunity for non-exploration de-risking
Experienced team
Committed institutional investors
√
√
√
√
√
√
√
√

23. 23
NEXT STEPS
Follow-up Drilling
 Multiple mineralized zones
 Detailed mapping, 3D modeling & surface geophysics to aid in drill hole targeting
Continued Systematic Exploration
 Wordview-3, VTEM, geochemical data mapping to aid in property scale targeting
 Property scale targeting and expansion of known mineralized norite trends
 Drill testing of regional exploration targets
Non-Exploration De-risking Activities
 Social and environmental impact studies
 SEQI port opportunity
 Advanced power solutions

24. 24
Scientific and Technical Information
Qualified Person
All technical information in this document has been reviewed by Patricia Tirschmann, P.Geo, V.P. Exploration, North American
Nickel Inc., who is the Qualified Person for the Company.
Further Information
For further information about the full results from assays described herein, please see the press releases of the Company dated
November 10, 2015 titled “North American Nickel Reports Final Assays”; October 20, 2015 titled “North American Nickel Reports
New Nickel Sulphide Intersections at P-032 Target”; September 23, 2015 titled “North American Nickel Inc.: Discovery of High
Grade Nickel Sulphides in Southern Coastal Zone”; September 2, 2015 titled “North American Nickel Inc.: Spotty Hill Zone
Extended and New Nickel-Copper Mineralization Intersected at P-059”; November 17, 2014, titled "North American Nickel
Reports High Grade Nickel Sulphides at Imiak Hill"; October 20, 2014, titled "North American Nickel Reports Assays of 2.98% Ni,
0.59% Cu & 0.86 g/t PGM Over 8.55 Metres at Spotty Hill"; October 23, 2013, titled “North American Nickel Inc.: Discovery of
High Grade Nickel Sulphide Mineralization at Imiak Hill; October 10, 2013, titled “ North American Nickel Inc.: High Grade
Nickel-Copper-Cobalt Sulphides Confirmed at Imiak Hill;
Historic Data
Certain historic drilling data is summarized in this document. This data related to surface nickel occurrences in drilling
conducted between 1959 and 1973 (Kryolitselsabet Øresund A/S Prospektering, Report on the Exploration Work in Søndre
Isortoq Area, 1968 by J. Kurki and S. Turkka, GEUS Report File no. 20158). The Company has reviewed this prior work and
believes that it continues to be relevant and reliable as an indication of the potential for ongoing exploration efforts, but notes
that it does not constitute current drilling reporting and will be replaced entirely by drilling underway, including that recently
completed and referenced in this document.

25. 25
Contact Info: North American Nickel Inc.
500 – 200 W. Esplanade
North Vancouver, BC, Canada V7M 1A4
Phone: +1 604-986-2020
Fax: +1 604-986-2021
Toll Free: 1-866-816-0118
info@northamericannickel.com

26. 26
EXPLORATION HISTORY (GNB) 1959 - 2000
1959 – 1973: Kryolitselskabet Øresund (KØ)
 Systematic prospecting from the air, shallow-looking
surface geophysics (< 50m) and diamond drilling (avg. <55 m)
 Surface nickel occurrences and nickel intersections in drilling:
 Fossilik II: 12.89m @ 2.24% Ni & 0.63% Cu
 Imiak Hill: 9.85m @ 2.67% Ni & 0.60% Cu
 Quagssuk: 4.95m @ 1.97% Ni & 0.43% Cu
No airborne EM, modern ground EM surveys
or borehole EM
1995: GEUS
 Commissioned Geoterrex to fly fixed wing GeoTEM survey
1995 – 1996: Cominco
 ground follow-up of airborne EM picks
 limited ground geophysics
1996 – 1998: Platinova and Monopros
 Diamond exploration incl. DIGHEM survey
1999 – 2000: Falconbridge Limited
 Prospecting & re-analysis of historical
drill core to confirm high grade assays and
establish nickel tenors
 Limited ground geophysics
No drilling by either Cominco or Falconbridge
= Selected Ni-Cu occurrence= Ni-Cu occurrence
(See slide 25 for information about historical findings)
Appendix 1

27. 27
GEOLOGICAL
EVENTS
AND
SETTING
Appendix 2
(From SRK Consulting (Canada) Inc.
In-house Report, 2015)