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 Nov 18, 2023 7:05am

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Post# 35742384

SHALLOW vs DEEP

2023 pit models appear quite shallow.
Benches scaling mountain make pits appear deep.
Yet... their core pit bottoms do not look deep when one uses the
mine portal trail / road as elevation for referrence.

- Former studies show 2.5 km quill + east to west strike - not seeing it in 2023.
- Deep drills ( central 450+m ) ( Johnson East 762m ) ( Mine area 676m )
- Would any of the pits accommodate these deep drill intercepts ?
- Central is only 7 benches deep ( so much for hole 188 ( omg )

- Serpentines overlay sulphides

Pit #1 = UG Mine Area
- i'm only seeing 3 benches deep ( 30m )
- remaining scales mountain to give the appearence of, deep pit.
- UG mine has lots of exotics ( 545m depths - 676m )

2023 PFS ( page 222 )
No underground areas are considered in
Mineral Reserves ?

Does this mean
the UG mine + deeper depths were not included ?
Peridotite 1/2 upper Sulphides 1/2 lower
We might be only seeing the 1/2 upper x 86% reduction

Analyze Pit # 1
Why is it in red ?
Why segragate it from other pits ?
Why so shallow ?

Look at the macro - all pit designs + depths.
Remind oneself - benches scale the mountanous terrain
Making it appear like deep depths
Show me just one deep pit - please and thank you

Then remind oneself -
- extraction can't handle peridotites
- 86% reduction
- eng firm input extraction recoveries into each block model
- peridotites overlay sulphides
= topical peridotites mined + 86% reduction with wrong extraction
= $147 million NPV