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Nickel Creek Platinum Corp NCPCF


Primary Symbol: T.NCP

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.


TSX:NCP - Post by User

Post by Wangotango67on Sep 22, 2023 2:03pm
94 Views
Post# 35649721

NOW READ THE HISTORICAL REPORTS

NOW READ THE HISTORICAL REPORTS With a mindset on how former owners calculated the resource....

- East + West
- Blend entire deposit  ( one large open pit )


In my opinion, i'd revert back to the East West concept.
High grades

Heck.... there was over 2 billion pounds of, copper assessed at one point.

The Preliminary Economic Assessment released in Jun/2012 recommended developing the Wellgreen deposit as a conventional, diesel truck-shovel open pit mine using a conventional concentrator to produce bulk nickel-copper-platinum group elements concentrate. The study envisioned a projected mine life of 37 years with a nominal mining rate of 111 500 tonnes/day and an onsite concentrator processing 32 000 tonnes/day. The initial capital cost was estimated at $863 million and the project was expected to produce (in concentrate) 888 571 177 kg nickel, 933 199 575 kg copper, 60 669 267 kg cobalt, 41 547 495 g (grams) gold, 76 629 263 g platinum and 102 623 012 g palladium.


Running with a ( one large open pit ) may have caused a blend of lower grades
mixed with higher grades = more tonnage = dilution of grades.
Own opinion.

In addition, the periodite nickel could be where the lower grade nickel resides,
Separating the Shaw into several zonations, east, west, serpentines
could result in better economic format.

Ever since Nickel Creek ownership...
Copper grades diminished ?


Link -
https://data.geology.gov.yk.ca/Occurrence/17432#InfoTab



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