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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 4:53pm
118 Views
Post# 35949018

MORE...

MORE...

Reserching Wellgreen,
original reports will outline primary zones, ug mine, east and west, north.

As time moves on,
wellgreen deposit morphs into, numerous zones.
arch, far west, west, central, main wellgreen, east, far wast 1, far east 2, quill

Yet, i can't help but look at wellgreen as - 3 zonation  - not east to west rather...
- southern resource.
- ug mine resource
- inferred resource

2017 - reported 86% loss - inferred resources.
boundary changes, spot prices, extraction, cut offs, not enough oer/minerals

June 26, 2017
Near-surface peridotite hosted mineralization however, remains open to the south in certain areas of the deposit.  Higher-grade mineralization remains open at depth below the eastern end of the resource pit and mineralized intercepts remain open to the east. These areas will be the target of future exploration drilling.


That crew never did go back to the east deep zones.


Could it be a cause of...
2012 pea had already measured the ug mine with, BORE HOLE drilling ?
Along with deep inferred zones ?



2012 NVP -  $ 2,396,000,000  billion usd   page 28
Drill Meterage - 702 holes  (55,000 m used)  page 22
Indicated Pitshell 14,432,900  NiEq% 1.4%
Inferred Pitshell 446,649,000  NiEq%  0.60%  page 21

2012  PEA
https://secure.kaiserresearch.com/i/jk/tr16/TRNKL20120801.pdf

Reads as,
far higher grades which points to...
= east ug mine + inferred below mine using bore holes and 2nd pit west zone

--------------------------------------------------------------------------------

2011 - early 2015 crew
this crew performed huge intercepts
reassayed historical
assayed inside mine and drilled many new holes
reveal exotics with different assaying

Just after this crew performed all this work and pressed a new, pea...
this crew exited.

New crew, comes onscene.
86% inferred axed.
changes extraction
boundary changes

Could it be,
ug mine zone along with inferred under mine was partitioned ?

Could it give reason to,
why the 2023 pit shell is so shallow and skirts around, over ug mine ?

Could it be,
2012 pea has already measured ug mine and inferred zone below ?
And.... 2023 pit shells are all other zones ?

Could it be reason of,
extraction switch up ( under radar video )
along with 2023 metal payables are so low  vs  2023 pea stated 110 mesh too course grain
applied to silicates vs most all independant reports stated ultra fine grind is needed
to liberate metallics from silicate bonds ?


2012 - PEA - Page 89
one of the extraction reports stated,
93 micron meash was too course
smaller meash was needed to liberate more metallics

they went to, 63 micron which improved.

what was the issue for recovery ?
flottion reagents - using calgon - improved recoveries.
dish soap - page 90 -  2012  link above
which points to,
finer mesh grain libertes more metals
reagent need improving for flotation


20120 - Page 95  ( link above )
14.1.1 D AT AB A SE
Prophecy Platinum maintains all borehole data in spreadsheet. Header, survey,
assays, and lithology tables are saved on individual tabs in the spreadsheet. The
Microsoft Excel ™ spreadsheet provided to
Tetra Tech was created on February 17, 2011.

The database contains 702 boreholes, of which 183 were drilled from surface and
519 drilling from various underground workings. There are a total of 13,532 assay
records in the database. Table 14.1 summarizes the borehole database.

Table 14.1 Drill Data Set
No. of Holes
                          Surface     Underground     Total
West Zone            70                    3                73
East Zone             80                  516             596
Total                    183                  519             702


Pretty obvious,
weighted average of ug bore holes = east = ug mine.

  2012 PEA
- higher grade ores
- bore holes
- 516 applied to ug mine
- 446,649,000    inferred tonnes

2015 exiting crew drilled
2015 new crew also drilled
= drill results came out in 2016 with additional historic
= new pea was deffered after 86% resource axing
= no exotics ever included
= was the additional historic drills added in 2016 needed to replenish 2012 pea ?

who knows....

If current 2023 pfs sskirts ug mine
and 2023 pit shell depth is nowhere near the true depth ( bore holes and johnson's )
= is ug mine and inferred under mine and exotics really apart of, 2023 pea ?

   Bore Holes
- 446,649,000    inferred tonnes  ( 1.4% indicated )  ( 0.60% grage nickel inferred)

= 2,679,894  tonnes  Ni
x 2200
= 5,895,766,800  billion lbs  ( true sulphides higher recoveries )

what do we have ?
0.26% grade with a bad a- ss  extraction.  no solution nickel factored

let's ask,
how much effort, monies spent on reassaying historical bore holes and exotics ?
was wellgreen always promoting ug mine and exotics ?
saying, 100% ownership.

what occured on the reassaying ( considerable work, monies spent ) on ug mine ?
what occured after revealing huge intercepts and exotics and 2015 pea ?
= crew change - resource reduction - mass dilution  ( hence sep lg shareholders from sm )

what else is in the ug mine ?
look how high the grams rise with added exotics !!!

https://live.staticflickr.com/65535/53332411817_64d1c0115e_c.jpg



That's my own take on, Wellgreen.
Take it, leave it, throw it away.

Pretty sad seeing unnessisary dilution, 0.015 cent pp.
and an extreme wait time since aug 2023.

do they have a buyer or.... waiting for a black swan ?
hmmmm.



 

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