PROPHECY - BELLETERRE - HUDBAY / YUKON With further resesrch, ( prophecy + Belleterre )
appears Belleterre Quebec Mines is not Crown.
Belleterre Mine was on a Crown road.
Crown road leading to several mines, Crown Mine + Belleterre Mine.
Belleterre Mine also called, O'brien.
Other names showing up - Miller Lake Co.in 1909 and Siscoe Mines Limited in 1945
Very hard to find info.
Prophecy Platinum bought Belleterre's 50% stake in, Wellgreen resulting in,
Prophecy Platinum owning 100% of, Wellgreen. Page 29 - 2014 Tech Report.
With " No Back In Rights ".
In Jun/2010 Prophecy Resource Corp announced that they had entered in to a binding letter of agreement to purchase all shares of Northern Platinum Ltd. As part of the deal Prophecy Resources purchased Belleterre Quebec Mines’ 50% back-in rights covering the Wellgreen property. The deal was completed on September 23, 2010. Prophecy Resources completed 1 diamond drill hole (117 m) in 2010. As part of the agreement Prophecy Resource commissioned Wardrop, a consulting engineering company to complete a technical review of the Wellgreen property. The report was released on July, 26, 2010 and included a potential quantity and grade calculation that is not NI 43- compliant.
2nd Source - Yukon Gov't
https://data.geology.gov.yk.ca/Occurrence/14129#InfoTab
BACK TRACK 2007
Before Prophecy secured 100% of Wellgreen, who else was involved ?
= potential ties to Wellgreen via ( royalties )
In the summer of 1999, Northern Platinum Ltd. received
Vancouver Stock Exchange approval to purchase Kaieteur
Resource Corp. (formerly named All-North Resources
Ltd.) and J.P. Sheridan’s 20% interest in the Wellgreen
property for $25 000 cash and 150 000 Northern
Platinum shares.
Northern Platinum now owns 100%
interest in Wellgreen, subject to a 1.5% net smelter return
in favour of Hudson Bay Mining and Smelting Co. Ltd.
Upon completion of a positive feasibility study, Belleterre
Quebec Mines Limited has the right to back into the
project for a 50% interest upon paying 50% of Northern
Platinum’s costs.
In October, 2005, Coronation Minerals Inc. and Northern
Platinum Ltd. (NP) signed an agreement giving Coronation
the right to purchase 100% interest in NP’s Cu-Ni-PGM
Wellgreen property for CDN$25 million.
The property
will be subject to a 5% net smelter royalty in favour of
Northern Platinum. A 1.5% net smelter royalty can be
purchased for CDN$7.5 million. Under the terms of the
Placement, Coronation purchased $1 million worth of
Northern stock.
Link
https://emrlibrary.gov.yk.ca/minerals/mineral-property-update/2007.pdf
Though the above 2007 intel predates prophecies
100% ownership of wellgreen, with no back in
what stood out was,
50% back in with a positive PFS.
Interesting.
All North / Northern + Galactic = Robert Friedland
Coronation - hmmm... sounds very British ( lol )
HudBay = Govt Crown... ( Hudson Bay Co ) Canada
Hudson Bay mining + Smelting = Manitoba
Mr Lee went from prophecy wellgreen to Manitoba ( ha )
Whose in Manatoba ?
lol
QUILL CLAIMS
Why introduce Quill claims ?
Why are they expanding ?
Do they inhibit the UG mine resource reporting ?
Is UG mine the Reserve ( pg 223 - 2023 PFS ) ?
Crown Reserve ?
Anglo American = South African ( British Area )
Anglo vested in = CNC ( Canada Nickel )
Giga Metals has formed a joint venture with Mitsubishi Corporation
FPX Nickel - Mitsubishi, will operate the joint venture, reporting to the board of directors of Hard Creek, and will work on a prefeasibility study (PFS)
Renault-Nissan-Mitsubishi Alliance.
Who is Mitsubishi owned by? In October of 2016, Mitsubishi joined the now Renault-Nissan-Mitsubishi Alliance.-Nissan-Mitsubishi Alliance. Nissan is the majority owner and has a 34% share of Mitsubishi Motors.
Renault = France
Nissan Mitsubishi = Japan
Quebec - ties to France
National Bank - Quebec
RENAULT GROUP U.K.
https://find-and-update.company-information.service.gov.uk/company/02549609
HudBay's 1.5% royalty
Prophecy's 5% royalty
UG Mine - Quill Crown Reserve ?
Enviro Cards - McKinsey Report
Yukon Fed + Crown Royalties
Yukon + First Nation Partnerships
Stakeholders ( piece of wellgreen )
CO2 seq vs what about all the silicate solid solution crystaline minerals ?
No iron credit like other nickel juniors
No exotics, titanium, chromium
Just a simple question ?
HudBay, Coronation, Friedland and Lee - relations to Crown ?
lol
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Copper Mining = 3-4 types of copper
- oxide ( weathered )
- solution crystal
- carbonate
- metallic
YUKON
Western Copper + Gold
They reveal two copper minerals.
% + oxide = total
Focus on the oxide
https://casinomining.com/news-archive/western-copper-and-gold-provides-metallurgical-and-drill-program-results-for-casino/
Now scroll half way down
Mill and Leach
https://casinomining.com/news-archive/western-copper-and-gold-announces-positive-feasibility-on-casino/
Western's Casino revenues go where ?
$11.2 billion to governments in the form of taxes and royalties, including revenue sharing opportunities for Yukon First Nations governments.
$44.3 billion to Canada’s Gross Domestic Project (GDP) and $12.8 billion in wages and salaries over the life of the proposed Project.
During each of its 27 years of operation, $1.3 billion to the Yukon’s economy
and $1.5 billion to Canada’s GDP annually.
https://casinomining.com/project/economics/
Gross Domestic PROJECT ?
Never heard of it.
Nothing online.
Maybe they meant, product ?
$11.2 billion - taxes, royalties,revenue sharing opportunities Yukon First Nations
$1.3 billion to the Yukon’s economy ( annually )
$1.5 billion to Canada’s GDP ( annually.)
What were investors thrown ?
$2.3 billion After-Tax NPV
LOM Capital Costs ?
4,369 billion
https://casinomining.com/news-archive/western-copper-and-gold-announces-positive-feasibility-on-casino/
So much outflow $$$$ i'm amazed to even see, $2.3 billion NVP.
Imagine all those outflows rerouted to, shareholders ?
What would be the stock value ?
Yukon Way.
Cheers....