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Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

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 23, 2024 10:01am
92 Views
Post# 35948647

BORE vs DIAMOND

BORE vs DIAMOND

2012 PEA - Page 96 -
702 boreholes, of which
183 were drilled from surface and
519 drilling from various underground workings
https://secure.kaiserresearch.com/i/jk/tr16/TRNKL20120801.pdf

2014 - PEA - Page 88
776 holes -  68,898.30 meters
https://www.wellgreenplatinum.com/pdf/Wellgreen_2014_Resource_Technical_Report.pdf

2015 - PEA - Page 182
776 holes - 68,898.30 m
https://s21.q4cdn.com/491660439/files/doc_downloads/2015pea/2015_wg_pea_report.pdf

2023 - PFS - Page 115
Total meters - 92,282 ( Arch included )

2023 breaks down drilling with,
Diamond holes surface drilling
Diamond holes ug drilling
Reverse circular = 128 holes

https://s21.q4cdn.com/491660439/files/doc_downloads/2023/nickel-creek-prefeasibility-study-report-final.pdf


See what i see ?
Junior reports always distinguish between what kind of drill hole.
Diamond, size of bit, diameter etc...
Reverse circular

2012 report is a different breed.
Grades are higher.
Such points to = UG mine high grade geology.

2012 ug bore holes = 519 holes
2023 reverse circular = 128 holes

Some might say,
you didn't add the total number of ug holes from 2023.
Correct.
Why ?
Because 2023 stipulates ( diamond drill holes ) underground.


Which begs...
Could the 2012 bore holes comprise a different resource applied to ug mine
using only, bore holes ?

2012 - Page 83
WS 08 165 - drill hole - assayed @ 664 meters down.
WS 10 178 drill hole - assayed @ 560 meters down.


2017 Press said, test sulphides and gabbs at later date.
= this type of geology matches - ug mine.

It's great to compare all 4 reports with # of drill holes + meterage + grades
YET.... the real carving happens when engineer block models resources
using cut off economics.

Tweak cut offs, bump higher - can easily alter a resources size
Same with, modelling a deposit with, Pt Eq  vs  Ni Eq
Or, not factoring other viable minerals to create connective block continuity.


What do other peers use for inferred resource spacing between holes ?
Ivanhoe
May 11, 2016... spacing); Inferred Mineral Resources are drilled on
400 x 400 m (locally to 400 x 200 m and 200 x 200 m) spacing


Talon
inferred holes were drilled 200 metres apart along the grid lines

FPX
indicated
Indicated resources are drilled on approximate 200 x 200 metre drill spacing

My former post titled ( found more deep holes )
https://stockhouse.com/companies/bullboard/t.ncp/nickel-creek-platinum-corp?postid=35937057


This image shows 2015 Pit Shell only 34% of resource vs phase 5 pit shell
Note - no elevation scale can be seen
https://live.staticflickr.com/65535/53520608537_e27368a5f4_c.jpg

This image ( with my own impression overlay )
does show elevation scale
= 365 meters more ore below pea pit shell.
= significant tonnage
https://live.staticflickr.com/65535/53597567652_fc61536a22_z.jpg

For shhhh and giggles,
how much tonnage could be amassed if,
bore holes outlined 500 m x 500m x 600m deep x 2.7 ore weight
= 405,000,000  million tonnes


Yukon dossier on Wellgreen even mentions deep bore holes.
Another logs 4 deep bore holes.

If inferred resources can be calculated using,
200m spacing and as pointed out above, 400m spacing.

What would happen to an inferred resource if a few deep bore holes ?
or deep diamond holes were not factored ?
Or, one deep hole forgotten between a 400m wide spacing ?
= it would destroy an inferred resource interpolation.
= same goes with cut off tweaking even, Pt Eq switch up to, Ni Eq

Are these deeper holes with in range of inferred compliance ?
Appears so.

https://live.staticflickr.com/65535/53585364489_7e1b719421_c.jpg


Deep drilling and long intercepts
= stacks tonnage fast

I came across a few more deep holes.
Aiming northerly opposite side of mine.
These kind of holes assist in broadening the ( ug mine ) south to north

Pretty sure,
2016 performed reverse circular  and  diamond
to obtain MET test tonnage.
All the more bore holes.


So.... are bore holes different than, diamond core ?


Cheers....

 

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