Phase 1 + 2 Involved recharacterizing the geology based on,
majority ores are Peridotite.
At this very moment.... All orher ores across many zones came into play.
Was someone wanting to see what sort of metal poundage
could be obtained just for peridorites across all zones ?
BUT - only apply it to a 2015 Wellgreen constraint ?
In this image We can see
only 6 holes in Wellgreen zonation.
Other 7 holes were upto
200m outside the main core body. Expanding the footprint much larger.
If the image wasn't so blurry, i'd be able to see the drill hole indentity
and confer with the 2015/2016 assay results.
Many images beyond 2015 are blurry.
Moving Forward.... Lots of drill holes were drilled in, 2015 by, Wellgreen Platinum.
Including, 2014, 2015 summer, 2015 Fall.
Sticking to - Wellgreen.
2016 rolls round, new management. More drill holes added.
Over 9,000m
2016 drills = lot's of attention on
central and westerly zones.
With an sudden change and emphasis on,
Peridotites. Why ?
Moving Forward.... Next.... Burwash, Quill, came into play =
no assays. They did mention Burwash =
significant = Peridotite ( lol )
Another 8 holes - defining inferred
And.... 3 long bore hole geophysics.
Someone was bent on...
testing all peridorite zones.
Quite the stray away from...
Wellgreen.
2015 - outlined these tasks = future PFS
- improve bulk recoveries
- Second circuit capture more Plats in the Magnetite
- Incude... exotics
What ever happened to improving on,
Wellgreen's 2015 zone recoveries ?
Better yet...
How can all those other 7 peridotite drill holes outside Wellgreen
be applied to - Wellgreen ?
Best resolution ?
Aside of the announcement of reclassifying al ore to, Peridotite.
Phase 1 stayed on course and did achieve higher recoveries for
Bulk Ores ( all metals in )
Use the Phase 1 results ( bulk concentrate ) percentages
and apply to ( 436 mil tonnes ) - 2023 PFS. ( that simple )
Excerpt -
The Company is very pleased to announce that the Phase 1 Metallurgical Program has succeeded in achieving all its objectives, including production of a quality, marketable
bulk Ni-Cu-PGM concentrate at 11.9% Ni-Cu grade for the Peridotite domain
and at 14.3% Ni-Cu grade for the Clinopyroxenite domain, in comparison to
10% Ni-Cu grade reported in the 2015 PEA1.
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2016/Wellgreen-Platinum-Provides-Wellgreen-Project-and-Corporate-Update/default.aspx
As for the extreme emphasis on, Peridotites ?
Across all zones even Quill, Burwash, no assays....
Simple solution ?
Scrap XPS practical Entitlement
Replace with, DNi Extraction
Designed specifically for, silicates.
Then, send in new Geologist ( team )
Test all drill cores in all drill zones outside wellgreen.
= how much tonnage of peridotites ...?
Then.... marry DNi extraction results with the peridotite ( tonnage )
i'd make that bet and say.... friggin' massive.
Simply ask the question...?
Would 2016 new management make an effort to change
geological name to peridotite with the admittence of, this is the
largest ore zone on Shaw, if the peridotites had no minerals ?
lol
How can we know ( wellgreen ) PEA is constrained to, 2.5 km ?
Here's an image showing the wellgreen being 2.5 km long.
Minus Quill seen emmidiate right side.
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-25-2048.jpg?cb=1671716840
Here is another image showing the 17.5 km strike each deposit.
Wellgreen = 2.5 km
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-26-2048.jpg?cb=1671716840
Which places this ( massive yellow perimeter ) outlining 2015 PEA
into question with much doubt.
The yellow perimeter
Should only encompass the 2015 PEA 2.5 km - wellgreen zone.
Right ?
Which begs...
Whom ever outlined the far greater boundary in - yellow,
and 2015 far larger boundary Pit # 5 been
what was on their mind ?
were they visualizing the far greater potential of the entire - Shaw ?
lol
Some Claim...
Welgreen and entire Shaw project is one of the largest scale
projects out there.
But.... it depends.
Depends on how one - measures the deposit.
lol
Fix the 2023 PFS using phase 1 better ( BULK ) con recoveries..
Provide an additional rough est tonnage on all peridotites
encompassing Pit #5 boundary.
Throw in, the rediculous practical entitlement
= how much more metal ?
With the caveot...
junior will seek out DNi extraction on Pit # 5 Peridotites.
What would be our stock value then...?
giggles.
Wrap it up and place a bow on it.
Call it day... very good day.
Not investment advice....
Just pointing out how i see the years of advacing played out.
Have i created more wealth for the junior ?
What does an aspiring executive earn if they either save or
create more wealth for their, company ?
What's the going rate ?
lol