Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s): NCPCF

Metals & Mining Industrial Metals & Minerals

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. Its flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The project is in the southwest of Canada's Yukon Territory, approximately 317 kilometers (km) northwest (NW) of the capital, Whitehorse. The Nickel Shaw Project is a large undeveloped nickel sulphide project, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shaw Project has access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.

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Nickel Creek Platinum Corp

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Post by jjeeddoo7on Jul 10, 2013 8:58am

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Post# 21598301

In my backyard

while Polymet just had an oversubscribed for fundraising

PolyMet completes rights offering

7/7/2013

PolyMet Mining Corp. (NYSE: PLM) announced the successful completion of its $60.5 million offering of rights to acquire the company's common shares, which expired Wednesday.

Received were 3,194 subscriptions valued at $95.5 million for 144.7 million common shares of PolyMet, which hopes to mine copper, nickel and precious metals near Hoyt Lakes, Minn. Basic subscriptions were allotted based on shares owned and additional subscriptions were sold individually. Glencore, a significant investor in PolyMet, acquired 34.7 percent of the shares. Because the rights offering was oversubscribed, Glencore did not purchase any common shares under its standby commitment.

"This is a tremendous outcome for PolyMet, demonstrating the depth of support from Glencore and other shareholders as we complete the environmental review and permitting process and prepare for project construction," Jon Cherry, PolyMet president and CEO, said in a news release.
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Duluth Metals is aiming for similar 43-101 as NKL
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By this time next year, the company hopes to have released a full NI 43-101 prefeasibility resource report, followed by two years of permitting before construction gets underway.

Duluth project holds promise for northern suppliers

By: Lindsay Kelly

Vern Baker, CEO of Duluth Metals, was invited by the Sudbury Area Mining Supply and Service Association to speak about the Twin Metals Minnesota project in northern Minnesota.