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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. The Company’s flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The Nickel Shaw... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > JOHNSON HOLE WS - 215 REVEAL
View:
Post by Wangotango67 on Nov 06, 2023 8:03am

JOHNSON HOLE WS - 215 REVEAL

According to Wellgreen Platinum's 2 very important images,

Johnson knew the main mine area hosted a 500+m deep mineral body
and decided to track it based on - WS 188 hole which had over 500+m intercept.

Aligning main mine deep intercepts with hole 188
Where would Johnson have to place WS 215 to intercept
756m of mineralization ?

Right Here - right where the drill log recorded it.
Not the far east, rather, east zone.

WS 188 500+m intercept ( blue )    another drill in this same area was 450+m
Yellow claims image  = 500m gridding
Notice - says open on this back = northern side  ( more mineralization )
Notice - high grade zone strikes NW to SE  thick section
Notice where main underground mine is
Notice mine to Central zone distance =  960m
Notice how far back Johnson hole is = still mineralized in peridotites
Notice how deep Johnsons hole is - 756m
Remind oneself of - Maple Zone mineralization
Hole 188 = top of mountain ( 500+m and still open )
Johnson's 215 hole much lower elevation and 750m deep
=  Hole 188 vertical 500+m height + 750m deep ( factor Johnson's drill pitch )
= Very Thick


https://live.staticflickr.com/65535/53313476778_ce647fdb7a_c.jpg



So.... where were they getting their 846 million tonne inferred figure ?
Look at this Johnson Hole image
Spot the jagged line = Pit # 5
= Depth of Johnson's intercept.

960m legth ( mine to Hole 188 central zone )
x 1200m deep ( top mountain 188 500+m to Johnson's 756m intercept )
= 1,152,000
x 600m wide ( south to north ) more if maple zone included
= 691,200,000
x 2.7 ore weight
=
1,866,240,000  tonnes

No western
No central
No maple


Now.... a mountain is not square.
Thus, one would have to use a trig equation to arrive at,
an accurate tonne. 
Goes to show....a small area with deep intercepts atop and
down on lower elevation can rack up some serious tonnage.

PEA - PFS reports....
They speak about mega waste tonnage.
We all know how the peridotite is thought of.
Practical Entitlement.  ( 86% reduction )

Would a timmins nickel junior axe 86% of their
Peridotite / Dunite if it had this kind of mineralization ?
lol

If one matches the colors to ore geology.
Upper strata is = peridotite + dunite.

https://live.staticflickr.com/65535/53269123979_af3abae7c1_c.jpg


What ever happened to Johnson ?
One exited and several.... entered.

March 28, 2016
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2016/Wellgreen-Platinum-Announces-Closing-of-First-Tranche-of-Financing-With-Electrum-Strategic-Opportunities-Fund-LP-and-Appointment-of-Two-New-Directors/default.aspx


Glencore's is, Swiss.
Glencore's... recent bid for Rio Tinto.
Rio Tinto British
Vale is... Brazilian.
Our ores sent to, xps... who is ?
And another who likes art... schooled in, Swiss.
Glencore's stock = 11.4 billion shares out
Rio Tinto - lil over billion ( valued ) $90/cdn + $108 cdn -  Aus / US
Yukon... has seen 2 mine closures ( zinc + copper )
Both having similar traits ( paying taxes / royalties )
UK patriating ???
Yukon = my compass points to, UK.

USA - critical mineral pact with Canada ?
States love Canada's battery metals....
But.... have they dished out anything so far ? lol
How were Canadian lithium junior stocks treated in, Nevada ?
Lot's of games with, eviro cards - lol

Appears.... there's a whole other world of strategic chess games
being played out by majors and billionsires.

I read a mining report few years back...
Where it spoke about the effect enviro had on, mining.
That same report said in so many words... need to do same in Canada.
= ultimately effects common investors in mining stocks
= hows our junior battery space in Canada ?
= lol


Wellgreen is massive.
Name one other deposit with so many minerals ?

Throw in, iron, titanium, chromium, exotics, and actual tonnage.
= One of a kind deposit.

Yup.... 2016 was an interesting year.
Someone got lots of cheap shares over the years.


Rio Tinto paying attention ?
They'd be smart to scoop Wellgreen.
And... place it in a subsiduary deteched from their main stock.



Cheers...




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