RE: RE: RE: RE: PEA To refresh memories, the following are the drill results we are waiting on. Per comments posted, however, the drilling did not start until sometime in February as opposed to the third week of January (ie: most likley reason why PEA has been pushed back).
Vancouver, British Columbia, January 3, 2012: Prophecy Platinum Corp. ("Prophecy" or the “Company”) (TSX-V: NKL, OTC-QX: PNIKF, Frankfurt: P94P) is pleased to announce that the Company will commence drilling on its Wellgreen PGE-Ni-Cu project starting the third week of January, 2012. Approximately 9,000 meters of underground drilling have been planned, targeting the infill areas of the existing Wellgreen inferred resource, and potential expansion of the resource southward to fill the pit area currently being designed in the Company’s Preliminary Economic Assessment (PEA) due for completion in Q1 of 2012.