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 Wangotango67on Oct 30, 2023 5:09am

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Post# 35706778

WHICH COULD MEAN....

An Engineering Firm MUST gauge a preliminary economics study on,
the economics.

If the high grade zone was demoted to, least amount of ores.
And 2017 press stated it could test massive sulphide + gabbs ( ores ) at a later date.
Press was specific - consisting of a smaller volume of material.

It could very well explain why an Engineering firm voided the mine
blocking = they had no extraction studies to use to assign to each block.
Right ?

March 1, 2017
Preliminary Economic Assessment (2015 "PEA") see press release dated February 2, 2015; and (ii) to produce a marketable bulk Ni-Cu-PGM concentrate, including guidance regarding the possibility of producing separate Nickel and Copper concentrates. Testing has focused upon the geometallurgical domains which comprise the predominance of the resource.

This area was categorized into two geometallurgical domains in the 2015 PEA: (i) Clinopyroxenite / Pyroxenite and (ii) Peridotite. The recently completed testwork has demonstrated that the geometallurgical domains are, and as such they will be referred to as: (i) Peridotite, which makes up the largest part of the resource, and (ii) Clinopyroxenite, which makes up a smaller part of the resource.

The Massive Sulphides and Gabbro constituting a smaller volume of material than the Clinopyroxenite may be tested during any subsequent metallurgical testing. Corresponding volumes of the various geometallurgical domains will be determined upon completion of an updated geology and block model which is currently underway.

https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2017/Wellgreen-Platinum-Announces-Results-of-Metallurgical-Testwork/default.aspx

The smaller volume was the underground mine.
Correct ?

Could it mean ?
2023 pfs mineral resource stands
2015 High grade zone stands ?

Maybe smaller tonnage but what's at stake ?
What does this smaller tonnage high grade add upto ?

JUST UNDERGROUND MINE ( potential )
= 245,801,000 million tonnes
x .64 % nickel eq
= 3,460,878,080 billion lbs NI Eq ( using 2015 grade stats )