THOUGHTS PART 3 2012 PEA - it's all Prophecy work and prior drilling - bore holes
2014 PEA / 2015 PEA / 2023 PEA - does anyone see any Prophecy drill meters ?
Nope.
Prophecy changed it's name to, Wellgreen Platinum at end of, 2013
This means -2011 to 2013 ending was still under Prophecy's name.
Yet, 2015 - 2023 charts below show wellgreen platinum drilled meters
How many drill meters occurred in, 2011, 2012 under Prophecy ?
Wellgreen Platinum webite only dates back to, 2012
If one clicks archives - go to sedar.
Seadar search - prophecy or wellgreen - zip.
Nickel Creek search - shows earlier years - pg 19 - when clicked - zip nothing
Also, 1996 drilled meters seen in 2023 pfs is not seen in, 2015
So, why do the charts below ( 2015, 2023 ) label Wellgreen
under the years - 2011, 2012, 2013 ?
Again, prophecy chsnged it name to Wellgreen on, Dec 19 2013
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2013/Prophecy-Platinum-Changes-Name-to-Wellgreen-Platinum--and-Announces-Results-of-2013-AGM/default.aspx
2012 PEA - Prophecy Resources
14,000,000 - million tonnes ( m + i )
446,649,000 - million tonnes ( inferred )
55,000 m - total - 702 holes
516 boreholes - underground ( east - ug mine )
3 boreholes - underground ( west - ug mine )
80 surface holes ( east )
70 surface holes ( west )
So what happened to Prophecy Resources to Wellgreen Platinum ?
Pacific Coast Nickel, enters in,
buys Wellgreen deposit and Lynl Lake nickel ( manitoba )
Pacific Coast changes its name to, Prophecy Platinum.
Very close to former nsme - Prophecy resources.
June 02 2011
On May 31, 2011, the Companies’ respective shareholders have approved the Arrangement whereby PCNC will acquire the Lynn Lake and Wellgreen nickel properties from Prophecy. Refer to the June 1, 2011 joint news release issued by the Companies on the Arrangement.
Link
https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.prophecycoal.com%2Fnews_2011_jun02_Prophecy_Commence_8000_Wellgreen_Nickel_PGM_Yukon_Drill_Program%2F&psig=AOvVaw1Q60u9kAEGSCQHIXlfVOMX&ust=1711500065974000&source=images&cd=vfe&opi=89978449&ved=0CBIQjhxqFwoTCJCTqO7YkIUDFQAAAAAdAAAAABAD
This Prophecy Coal - link above - if you switch windows, it vanishes.
One has to go back to this ^^^ master link to reopen.
Several images. ( step outs )
Maybe i should capture entire peess and images and paste
in this post ?
Why is this link important ?
- reveal 8,000 meters in 2011 vs charts above ( 2015, 2023 )
- hence - just how many meters drilled under prophecy res 2011 - 2013
- versus how many drilled under Wellgreen platinum
Prophecy Coal Press - quite important
- reveals the proving of, 55,000 million tonnes
- stepping out away from sulphies and adding new mineralized blocks / tonnage
- other geology that was mineralized.
= perhaps the reason of - 2012 resource size increased to - 2014/2015 resource sizes.
Personally,
i believe the 2014/2015 resource sizes.
they went after the silicates, not just higher grade sulphides.
Since Pacific Coast bought Prophecy Resources, then changed its name to
Prophecy platinum then to Wellgreen Platinum,
- could there exist additional drill meterage held by, Pacific Coast ?
= depp bore holes ( mass tonnage ) ?
= 2012 bore holes, 2017, 2011 meters ?
New diamond drills replace bore holes and if pea pit shells are too shallow
could this mean deep zones under mine are measured but not factored
due to shallow pits ?
While searching on, Sedar.
Keying in prophecy platinum a drop down appeared.
Elephant - ( silver ) which Mr Lee was assoc to along with
Mongolian Coal, which is realavent to, Silver Elephant.
Pacific Nickel - England ? China ?
Hard to say.
This next link - Wellgreen Platinum website
same issue - no archives for 2012 to previous yes.
Again, how many meters drilled in, 2011, 2012
Also, all those drills from 2010 i found missing in, pea ?
https://www.wellgreenplatinum.com/2013_cat_4/
Why chat about these topics in past few posts ?
Simple.
I feel Wellgreen has more tonnage / minerals.
86% axing of 846 mil tonnes inferred i find odd.
Especially when one gazes at this image below and wonders
if there are lots of drill meters to choose from, and design any size
pitshell one wishes.
There are various bore hole ( themes ) not, diamond core.
Which might explain the once larger inferred tonnage.
Or... missing drills in reports, or meters from 2010 - 2012
especially if one can't find the records on, Sedar.
2012 oea - was under kaiser
2014 - preview south gold
2015 pit shells ( it's this image that supports more tonnage )
vs shallow pea, pfs pitshells.
There's lot's of info to resesrch on Wellgreen. ( overwhelming )
Lot's of loose ends / broken links, filed under diff names, sedar blanks,
Here's the vanishing press from prophecy cosl,
may aswell post it's entirety. Good viduals and mentions, targeting
other ores outside the core sulphides.
Take notice of the 3 long intercepts going north.
I found 2 of these drills bout a werk or so, ago.
1 had superb deep meterage.
The other was fragmented into - numerous lenses. ( still long )
The biggest variable ?
What if one factored, Fe, Cr, Ti, Mg, into Eq's.
Would this not create a continuity of blocking to judtify void blocks
into mineralized payable blocks ?
Of course.
Prophecy and Pacific Coast Nickel Commence 8,000 Meter Drilling Program on its PGM-Ni-Cu Wellgreen Project
Vancouver, British Columbia, June 2, 2011: Prophecy Resource Corp. (“Prophecy”) (TSX-V:PCY, OTC-QX: PRPCF, Frankfurt: 1P2) and Pacific Coast Nickel Corp. ("PCNC") (TSX-V: NKL, US-PINK: PNIKF, Frankfurt: P94) (the "Companies") are pleased to announce the commencement of an expansion drilling program on its Wellgreen PGM Ni-Cu Project, located in the Yukon Territory, Canada. The program has been commenced by Prophecy and will be completed by PCNC following the completion of the arrangement transaction ("Arrangement") whereby PCNC will acquire the Lynn Lake and Wellgreen properties from Prophecy.
The program will comprise of 8,000 meters of solid-core diamond drilling from May to September with up to 3 drills to test minimum 17 infill and exploration targets. This phase of drilling is designed to augment the existing resource which is currently being updated to National Instrument 43-101 compliant standards by Wardrop Engineering ("Wardrop"), a Tetra-tech Company. The resource estimate (based on 701 drillings before 2011) is expected to be released in July of this year. The 2011 drilling is aimed to further augment the resource estimate.
In 1972, Hudbay Minerals Inc. milled 171,652 tons grading 2.23% Copper and 1.39% Nickel on the Wellgreen mine. The mine then ceased operations due to low nickel prices, geological complexity, and poor ground conditions. Drillings by several past operators have verified the presence of significant amount of lower grade nickel-copper and PGM-bearing mineralization highlighted by intercepts of 496.1 meters of 0.596 g/t PGM+Au, 0.27% nickel, 0.18% copper and 0.02% cobalt (refer to September 27, 2010 press release). The grades and type of disseminated mineralization at Wellgreen are highly analogous to those observed in Minnesota's Duluth Complex.
The Prophecy 2011 program will consist of a series of step-back and infill holes targeting the bulk disseminated sulphide zones that stratigraphically overlie the known massive sulphide zones stretching over 2.2 km.
Step-outs to the east will examine the potential of Wellgreen where aeromagnetic data and mapping indicate a continuation of the mineralized host-pluton, the Quill Creek mafic-ultramafic intrusion, which extends for at least 2.3 km in that direction, and has undergone minimal prior drilling.
Overview of Wellgreen:
- Wellgreen is part of Kluane Ultramafic Nickel belt, which is the second largest behind the Thompson Belt in Canada and remains vastly unexplored.
- Wellgreen was discovered in 1952 and optioned to Hudson Bay Mining and Smelting Ltd. (now Hudbay Minerals Inc.). Over a 20 year period, Hudbay sank 4 shafts and developed over 4 km of underground workings.
- A total of 701 holes (182 surface, 519 underground) totalling 53,222 meters (28,303 meters surface, 24,919 meters underground) were historically drilled by the following mining and exploration companies: Hudbay, Chevron, All North, Galactic, Archer Cathro, Coronation, and Northern Platinum.
- A historic, non-NI 43-101 compliant geological resource (1989) estimated at 55 million tonnes grading 0.35% copper, 0.36% nickel, and 0.78 g/t PGM.
- Prophecy holds 91 claims in two groups under renewable 21-year mining leases totaling approximately 22.1 square km.
- A shear zone was discovered in 2005 with rock samples yielding up to 70.1 g/t Palladium, and 77.3 g/t Platinum and 1.37 g/t Rhodium over a 3 km strike.
- A Fugro helicopter-borne Mag and EM survey conducted in 2008 demonstrated that the magnetic signature of the peridotite extends approximately 6 km on Prophecy’s ground.
- Past exploration and production focused on high-grade underground massive sulphide.
- Prophecy is re-examining the surveys, geology, past drill cores, and economics of Wellgreen for a disseminated sulphide open pit scenario.
In July 2010, a NI 43-101 report (available on sedar) on the Wellgreen property from Wardrop stated “The potential within the Quill Creek Ultramafic intrusion on the Wellgreen property is in the range of 77 to 254 million tonnes at 0.26 to 0.38% nickel, 0.26 to 0.36% copper, 0.32 to 0.47 g/t platinum and 0.23 to 0.38 g/t palladium based on the assumption of a specific gravity of 3.22, strike length of 4000 to 7000 metres, depth of 200 to 250 metres and a width of 30 to 35 metres.
On May 31, 2011, the Companies’ respective shareholders have approved the Arrangement whereby PCNC will acquire the Lynn Lake and Wellgreen nickel properties from Prophecy. Refer to the June 1, 2011 joint news release issued by the Companies on the Arrangement.
This news release has been reviewed and approved by Danniel Oosterman, P.Geo., and a Qualified Person as defined in NI 43-101.
Planned Wellgreen Drill Holes
Wellgreen Property Topo and Expression at Surface
Validate and Digitize Historic Database (700+ diamond drillogs with assays) - Plan View
Long Section View of Wellgreen Drillhole Database (700+ holes)
Plan View
Long Section of Wellgreen Looking North
About Prophecy Resource
Prophecy Resource Corp. is an internationally diversified company engaged in developing energy, nickel and platinum group metals projects. The company controls over 1.4 billion tonnes of surface minable thermal coal resources in Mongolia. Prophecy's Ulaan Ovoo coal mine is operational and its Chandgana mine mouth power plant is currently being permitted. In Canada, Prophecy owns the Wellgreen PGM Project in the Yukon Territory and Lynn Lake Nickel Sulphide Project in Manitoba, both of which it has agreed to sell to Pacific Coast Nickel Corp. Prophecy also owns equity stakes in Victory Nickel Inc. and Compliance Energy Corp. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
About PCNC
Pacific Coast Nickel Corp is a Canadian based Nickel PGM exploration company with projects in Canada, Argentina and Uruguay. PCNC's Burwash property is located adjacent to Prophecy's Wellgreen project in the Yukon Territory, Canada. On April 4, 2011, PCNC agreed to buy Wellgreen and Lynn Lake projects from Prophecy Resource Corp by issuing 450 million Pacific Coast Nickel shares to Prophecy.
ON BEHALF OF THE BOARD OF DIRECTORS of Prophecy Resource Corp.
John Lee, Chairman
Prophecy Resource Corp.
"John Lee"
John Lee
Chairman and CEO
Hopefully i've shed a measure of light on, diff minerals, meters, tonnage.
I'd love to sit down with the preferred eng firm Tetra.
All drill meters, all assayed minerals, all extraction, cut off formulas,
and rebuild wellgreen using each viable mineral composing each block
into a maximized payable.
Cheers...