IMC - ASSESSMENT + PROPHECYIMC
IMC has verified the Northern Platinum data from 1996 through 2010 can be used for the economic minerals by comparing it to nearby recent Nickel Creek drilling. What did they verify ? In 2009, samples were also analyzed at ALS Global in North Vancouver,BC. Loring Laboratories has ISO 9001:2000 certification and ALS Global has ISO/IEC 17025:2005and ISO 9001:2000 certification. A 30-element package, including copper, nickel, and cobalt reported in parts per million was analyzed by aqua regia “
partial digestion” followed by ICP analyses. Gold, platinum, palladium, and
rhodium were analyzed by four acid digestion followed by a 30 g fire assay with an atomic absorption (AA) finish.
So ( MCI ) verified the comparison between
Northern + Nickel Creek assaying of Gold, Pl, P,t Rhodium.
Interesting.
Too bad they dismissed Hudson Bay's.
Better yet.... How about Prophecy's 2013 stellar drill hole ?
AND... only 5% of data base was used for resource...lol
Read below caption. Heck... even Wardrop...
decided to didmiss historical 6 ( platinum groups )
They confer with 9 wellgreen drill holes comparing data. The nine holes received contained 1,253 assay intervals or about 5% of the database used for
resource estimation. Within those 1,253 intervals, IMC did not find any situation where the
Wellgreen database did not match the certificate of assay. Backtrack -
Hudson Bay knew of the ( 6 platinum group ) minerals.
What's the historical prices for Rhodium
1972 - 2000
Hudson years - Rhodium was on the move UP ( 1987 ) lol
From 2000 to present
Still flirting with $4,000 US per ounce.
At one point it was over $25,000 per ounce.
Question becomes...
Why are we only seeing in - 2023 PFS - Platinum + Paladium + Gold ?
Why not 6 - 7 platinum suites + Gold ?
2013 press release is an eye opener
What do i see ? Pt Eq = platinum equivalents.
3 PGM's = platinum group ( boom ) was it Rhodium ? lol
They admit of the platinum group minerals.
They accounted for 3 of them.
Platinum, Palladium, and could it be Rhodium or another which
pushed the
Pt Eq's into rich grade grams ?
- WS-154 intersected five intervals totaling 501.2 metres grading 1.84 g/t Pt Eq. (0.55 g/t 3E PGMs with 0.26% Ni and 0.19% Cu) for a total Pt Eq. grade thickness of 922 g/t-m
- WS-160 intersected two intervals totaling 443.6 metres grading 2.46 g/t Pt Eq. (0.84 g/t 3E PGMs with 0.31% Ni and 0.30% Cu) and including 352.7 metres of 2.62 g/t Pt Eq. (0.93 g/t 3E PGMs with 0.31% Ni and 0.33% Cu) for a total Pt Eq. grade thickness of 1,094 g/t-m
- WS-165 intersected two intervals totaling 194.1 metres grading 2.99 g/t Pt Eq. (1.24 g/t 3E PGMs with 0.26% Ni and 0.55% Cu) and including 60.7 metres of 4.24 g/t Pt Eq. (2.02 g/t 3E PGMs with 0.24% Ni and 0.99% Cu) for a total Pt Eq. grade thickness of 581 g/t-m
- WS-193 intersected two intervals totaling 410.7 metres grading 1.77 g/t Pt Eq. (0.46 g/t 3E PGMs with 0.29% Ni and 0.10% Cu) and including 357.7 metres of 1.84g/t Pt Eq. (0.49 g/t 3E PGMs with 0.30% Ni and 0.11% Cu) for a total Pt Eq. grade thickness of 726 g/t-m
It gets more interesting... Several of these holes contain Pt Eq. grade thickness values of 1,000 g/t-m, which are some of the best intersections to date on the project. Mr. Johnson continued, “We are also excited to report that in our review of historical information, some of which has not previously been published, we have noted areas of strongly enriched rare platinum group metals (“PGMs”), rhodium (Rh), osmium (Os), iridium (Ir) and ruthenium (Ru).
These rare PGM zones occur within and adjacent to high sulphide zones with elevated concentrations of platinum, palladium and gold.
These rare PGMs are not common in magmatic PGM-Ni-Cu deposits, but these results are consistent with historic mining data for the Wellgreen concentrates; a total of 171,652 tonnes were milled by Hudson Yukon Mining in 1972 and 1973 with grades based on smelter returns of 2.23% Ni, 1.39% Cu, 1,300 ppb Pt, 920 ppb Pd, 171 ppb Au, 400 ppb Rh, 420 ppb Ru, 250 ppb Ir, 200 ppb Os and 200 ppb Re.
The presence of these rare and valuable PGM metals has been shown to increase the total PGM content by 100% to 200% in some sulphide-rich samples and by 10% to 15% in adjacent and shoulder zones with high sulphide contents.
Because of the potential positive economic impact of these rare PGMs, additional analyses of the full suite of PGMs in the higher sulfide intercepts and intervals are being conducted by the Company.” The main Wellgreen resource area has been delineated into five zones which show broad disseminated to high sulphide mineralization contained within host ultramafic rocks. These five zones – the Far West, West, Central, East and Far East Zones – cover an area of 2.5 kilometres in length with mineralization starting at surface and extending, at the deepest known point, to at least 700 metres .
These zones form a continuous, moderately to steeply south dipping tabular body of disseminated PGM, nickel and copper mineralization that is typically 100-300 metres in width with some zones of over 500 metres of continuous mineralization grading in excess of 2 g/t Pt Eq. The Far East Zone is at the eastern end of the deposit and remains open to the west, north and east towards the Quill target, which has a similar geochemical and geophysical signature to Wellgreen. Far East Zone exhibits exceptionally wide and continuous mineralization with all four holes in the area exceeding 500 gram/tonne-metres of Pt Eq. mineralization, and WS-154 and WS-160 exceeding 900 gram/tonne-metres. Link -
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2013/Prophecy-Platinum-Announces-First-Results-from-2013-Wellgreen-Field-Program-including-Interpretation-of-new-Far-East-Zone/default.aspx Thanks for the ( valued info )
Mr Greg Johnson
What did Stew promise in video prior to PFS...?
Rhodium.
No...Rhodium in PFS.
Nor.... all the other platinum groups which Hudson Bay did detect.
Correction last post...
Did not include 4 - 5 other
unique platinum groups.