INTERESTING STUFF -1989 - Galactic + All North All North owns 100% in Wellgreen Project
Galactic owned
59% All North. Galactic = Robert Friedland
1.5% Net Smelter Royalty (
HudBay )
Page 14 - pdf
WGM ( Watts, Griffis, McOuat ) Eng WGM has not independently verified title to the property.
Page 17 - pdf
Link - https://emrlibrary.gov.yk.ca/minerals/MajorMines/wellgreen/preliminary_feasibility_study_all_north_1989.pdf Ownership History of the Nickel Shw Project
In April 1999, Kaieteur Resource Corporation (formerly International All-North Resources), Northern Platinum, and J. Patrick Sheridan entered into the agreement related to Northern Platinum’s interest in the Arch Joint Venture.
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Wango -
All North becomes = Kaieteur Resource
Kaieteur Resource + Northern Platinum + J. Patrick Sheridan
= Arch Interest
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Wango -
Galactic already owned 59% interest in, All North.
Together owned = Wellgreen.
1.5% Hudson Bay Royalty ( lingers )
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According to the agreement, Northern Platinum agreed to purchase All-North interest in the project from Kaieteur. The agreement confirmed that Northern Platinum received the remaining 80% interest in the project apart from the 20% it already had in the property.
Northern Platinum was acquired by Prophecy Resource in September 2010,
becoming the 100% owner of the property.
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Wango -
Prophecy owns 100% just Arch ?
Or.... entire Wellgreen + Arch ?
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In June 2011, Prophecy transferred all its North American platinum and nickel assets and 100% interest in the project to 0905144 B.C., a wholly owned subsidiary of Pacific Coast Nickel.
Immediately after the transaction, Pacific Coast changed its name to Prophecy Platinum and then, to Wellgreen Platinum in December 2013.
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Wango -
Prophecy Resources transfers ( 100% interest ) to 0905144 B.C
0905144 B.C is a subsiduary of, Pacific Coast Nickel
Who really is, Pacific Coast ?
England ? China ? Friedland ? Electrum ? Other ? Junior itself ?
Who knows...
But what is important ?
0905144 BC ( subsiduary of - Pacific Coast ) at this point in time, owns 100%
0905144 B.C
This registered number shows ownership on the claims in, tech reports.
Pacific Coast now.... changes name and takes on similar name
to that of, Prophecy Resources....but with a slight twist.
= Prophecy Platinum.
= Then, again, another name change to, Wellgreen. Platinum.
= Then again, Nickel Creek.
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Wellgreen again renamed itself to Nickel Creek Platinum in January 2018.
Link - https://www.nsenergybusiness.com/projects/nickel-shaw-project-canada/ We could focus on the 3 party Arch transaction, but... 2011 transfering
ALL platinum + nickel assests is far better.
QUESTIONS Who is / was Pacific Coast Nickel Corp ( PCNC )
Who is - Pacific's Subsiduary =
0905144 B.C Is....
Galactic's 59% ownership of All North still in the mix - ownership ? YUKON FILES Pages 15 + 16
Show
0905144 B.C owning wellgreen + quill claims. WG 1-3, WG 4, WG 5-6, WG 7, WG 8, WG 9-10, WG 11, WG 12-17
Quill, Q 1-4, Q 5-8
Take note of, QC ( i''ll assume this is Quill Creek )
Why is this important ? I don't see WG in the recent tech reports.
Could this explain the UG mine deep intercepts not included in, pit models ?
How about Quill squeezing in on the Main Wellgreen + UG mine area ?
https://emr-ftp.gov.yk.ca/emrweb/Minerals/mining/lq00468.pdf See for yourself, 2015 Wellgreen PEA Report Pages 50_57
No WG claims are reported
If not shown, reported, Could this give reason to exclude the UG mine area ?
Or, all of wellgreen ...?
Force junior to work west claims only ?
Affect stock price ?
If a company owns it, but doesn't account for it,
what would be the reasons, outcomes ?
Shallow pits , not entire resource measured ?
Would this affect shareholders ?
Keep stock price tamed ?
https://emrlibrary.gov.yk.ca/minerals/MajorMines/wellgreen/preliminary-economic-assessment-2015.pdf WHOSE IMMEDIATE SOUTH OF WELLGREEN ? RORY CLAIMS
Rory claims sqeeze inbetween Quill + Wellgreen or, what is now
called, FE 2.
Based on this 2013 report
https://data.geology.gov.yk.ca/AssessmentReport/096373#InfoTab Guyana Metals ?
Who would this be ?
Guyana = GPM
GPM METALS ANNOUNCES A FIVE YEAR RENEWAL OF THE RORY CLAIM GROUP, YUKON TERRITORYTORONTO, April 01, 2015: GPM Metals Inc. (TSXV:GPM) (the “Company”) announces it has renewed 40 staked claims of the Rory Claim group until October 3, 2020 with the Mining Recorder, Whitehorse Mining District, Yukon Territory. The project consists of the 100% interest in the 40 contiguous claim units covering approximately 631 hectares. The staked ground is located
contiguous and south of the Wellgreen Platinum PGM and Nickel Project. Part of this claim group is traversing the general NW-SE trend of the Kluane Mafic-Ultramafic complex. It contains magnetic and bedrock conductive anomalies detected by an airborne DIGHEM survey commissioned by the Company in 2008. ABOUT GPM METALS GPM METALS is a Canadian based mineral exploration and .
Wanna see some spectacular Geophysics ? Geophysics that also includes Wellgreen ?
As if... Guyana Metals took significant interest in Wellgreen's
mineralization.
Incredible report - best i've ever seen in, imagry.
https://yma.gov.yk.ca/096373/096373.pdf If this rory geophysics report already existed and included wellgreen,
why would our current prez in 2020, spend more on geophysics ?
On another note... Dearest Matt, my post are written in a fashion of,
point form. All due to the enormous content one has to research inorder
to understand the complexities of, wellgreen.
Maybe redirect your fustrastion towards all the persons who
created the complexities with, wellgreen.
Or, try your hand at researching wellgreen yourself.
You'll soon see how indepth one has to dig to understand.
Am i for the junior ?
Only if they're for the shareholder.
Which really means,
when i invest... i invest in the valued minerals.
Which is where i place my focus.
Ensuring all minerals are accounted and shareholders see max value.
Simple. Just like the iron credit.
Iron credit can be depended on.
Not like.... different assays, upper / lower holes, MET studies that select geologies
Wink.
Example ? Drill Hole WS 060
An important hole providing continuity / interpolation.
WS 060 shown in the grey zone - hazen creek
This hole
WS 060 +
WS 089 were not assayed in, 2013
2015 tech report page 95 - WS 060
page 96 - WS 089
https://emrlibrary.gov.yk.ca/minerals/MajorMines/wellgreen/preliminary-economic-assessment-2015.pdf Yet.... WS 060 cores exist, and they look like, similar to,
dunite, peridotite, lots of iron.
It was an 1987 drillhole.
Back in 87 ( sulphides were preferred ) They didn't drill deep back then.
Fastforward ? Would this 060 drillhole close the gap ?
How would this be
precieved if, block modelling omitted this hole ?
Waste ?
What do WS 060 wet + dry cores look like ? https://ygsftp.gov.yk.ca/ApexUploads/Drillholes/Wellgreen/W60/ https://ygsftp.gov.yk.ca/ApexUploads/Drillholes/Wellgreen/W60/Photos/ Appears - dunite, peridotite,
good iron values. Iron = sulphides.
Wellgreen nickel is a iron nickel, pentlandite nickel.
Green cores - solid solution.
what do others think ?
Cheers...