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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Comment by CashIsKing16on Sep 03, 2014 11:20pm

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Post# 22904173

RE:Lets talk about the PEA

Thanks a lot Eodway and Homebone!!

eodway wrote: First off I give full credit to HomeBone. He built the bones for this spreadsheet and I just put on a little polish and spun it the way I see it.

HomeBone created a great spreadsheet and I have been working with him to put the final strokes on her.

Here is the link.

https://www.dropbox.com/s/aet3il0aaya8f33/WG%20Q4%202014%20PEA%20.xlsx?dl=0

You can change the CAPEX for the 10K, 15K and 60K TPD operations, the cost, the recovery rates, the grades, and also the Smelter costs... Just to name a few...

It works out the cashflow, the IRR, Payback, NPV and all the pertinence for your viewing and tweaking pleasure... So with that being said it does not have to be done here. HomeBone passed it off to me and We pass it off to all of You. If you want to put in your numbers FEEL FREE! If you want to add to this and share it with the rest of US... PLEASE DO!

And lets get some conversations going on from what YOU expect the PEA to bring.

No doubt the latest NR was some good news and if you compare it to the 2012 PEA the numbers improved.

A BIG factor in why the 2014 PEA's IRR will be so high ( my estimates are a Pre-Tax IRR of 30-37%) is due to the costs reductionf from a big part due to the use of LNG. If you look at the NR of the resource estimate you will see that they used a cost of less than $17/ ton and I only added a little more to that for a little bigger safety net that decreases with the larger operations.

4. Pit constrained grade shells were determined using the following assumptions: metal prices in Note 3 above; a 45 degree pit slope; assumed metallurgical recoveries of 70% for Ni, 90% for Cu, 64% for Co, 60% for Pt, 70% for Pd and 75% for Au; an exchange rate of USD$1.00=CAD$0.91; and mining costs of $2.00 per tonne, processing costs of $12.91 per tonne, and general & administrative charges of $1.10 per tonne (all expressed in Canadian dollars).

https://finance.yahoo.com/news/wellgreen-platinum-announces-estimate-including-164152033.html

At any rate I reiterate that I give full credit to HomeBone for creating this spreadsheet for all of us to enjoy.