Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nickel Creek Platinum Corp NCPCF


Primary Symbol: T.NCP

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.


TSX:NCP - Post by User

Post by Wangotango67on Mar 17, 2024 7:27am
129 Views
Post# 35937057

FOUND MORE DEEP HOLES

FOUND MORE DEEP HOLES 2015 PEA to 2015 PEA

2012
https://secure.kaiserresearch.com/i/jk/tr16/TRNKL20120801.pdf
2015
https://s21.q4cdn.com/491660439/files/doc_downloads/2015pea/2015_wg_pea_report.pdf


2012 reveals the big boy holes

2012 - Page 62
Drill Hole Map reveals all the more deep holes.
Some are reallt deep. ( i'll assume these are the bore hole series )

2010 year class these drill holes are not in, 2015 PEA   <-------------
Total of 7 holes
4 are decent
2 of these 4 holes are as follows, over 500m

2012 - Page 70
WS 10  525m  ( wow )
WS 10  572m   ( wow )

2012 - Page 73
2011 year class with in 2012 PEA
WS 11 184   470m + 49m = 519m total
WS 11 188   457m + 120m = 567m total

Compare with 2015  PEA ( short changed )
2015 - Page 86
WS 11 184  343m 
WS 11 188  465m

2012 - Page - 81
2012 - Bore Holes ( refer to map page 62 ) most likely the really deep holes !!!
4 bore holes collars located verified

Former post 2015 PEA
Couldn't find these holes in 2015 PEA
WU 12 528  missing
WU 12 524  missing
WU 12 525  missing

And....
WS 271  - 676m  - 3 lenses mineralized  another deep / important hole !!!
Sweet Spot
https://live.staticflickr.com/65535/53321883061_de69f57354_c.jpg

2012 - Total Tonnage
Page 133 - 134
1.669 billion tonnes  37 yr mine life


2012 - Indicated + Inferred = 397 - 409 mineral tonnes

2014 - 329 million tonnes M + I )  + 846 million tonnes inferred

2015 - Hmmmmm  look,
https://live.staticflickr.com/65535/53294034400_a645049e8f_c.jpg

2017 - reduced resource 10% after 74 additional holes ?
axed 86% inferred
tweak cut offs, course extraction 75 mesh  vs  2012 -10 mesh

2023 - 437 - million tonnes ( m + ) with 25% metal payables ( significant loss )

Each year class pea / pfs guards underground mine.
Future plans mine deep zones... after it's sold for cheap ?   lol

No ...
solution nickel, exotics, chromium, titanium, aluminum, magesium, tellerium ???
partial digest assaying vs peers full digest

2015 + 2023 pit shell 'sreally skimps on the deep mineralized zones.
https://live.staticflickr.com/65535/53521505591_6e24ef0d7b_c.jpg


Very happy i found these deeper holes.
Happy i noticed numerous deep holes missing + short changed in reports.
Galactic, Coronation, Prophecy, Wellgreen year classes.
Maybe even indigenous sunk a few holes during partnership years ?

Incredible amount of data to review, cross referrence.

Cutoffs and extraction tweaked, deeper holes hundreds of meters below 1st pit shells....
even 2015 pit shell extended beyond far east upside one range over - 2023 pit didn't.

HYPOTHETICAL
Using just ....
( east deep zones 300m  beyond an assumed 250m pit depth ( 1A,1B )
1250 m  east to west x 300m more depth x 700m north to south x 2.7 ore weight
= 708,750,000  million tonnes

Even former post chasing 12% solution nickel with 50% recovery...
$4+  billion ( metal value )


Cheers...



<< Previous
Bullboard Posts
Next >>