COMMENTARY -Without making this ( 2010 - 2014 ) Timeline subject too complex,
i'll touch topic on a few observations that stood out.
Prophecy Platinum focused on, - UG mine ( 1 km strike )
- UG historical Drills
- Infill Drilling
- Surface Drills ( 2.5 km strike )
- Historical Holes never assayed
- Historical Drilled Reassayed and Relogged
- Expansion and Stepout Drilling
- Exotics
Focus on inferred resource of,
289,246,000 0.74 Ni Eq = Prove, Expand
Infill drilling was,
100m spacing. Question ? If infill drilling ( 100m spacing )
If initial focus was underground mine ( most drills reported - initially )
= Should the UG inferred move to, indicated ?
= Why did it remain inferred ?
July 14, 2011 289,246,000 - 0.74 Ni Eq
0.40% Cutoff (
my former post stated 0.20% cutoff shoulv've read 0.40% )
https://www.wellgreenplatinum.com/news_2011_july14_prophecy_platinum_new_resource_estimate/ 2011 Press - East Zone Cutoff Chart 
Pretty strait forward, they chose 0.40% cutoff and there's the,
219, 327,000 million tonnes ( not including West Inferred )
2012 - Used
0.22% Ni Eq Cutoff (
increases tonnage with lower cutoff )
2012 - 14,000,000 - million tonnes ( m + i ) 446,649,000 - million tonnes ( inferred )
2015 -
Used 0.15% Cutoff (
all the more tonnage )
2015 - 329 mil tonnes indicated - 846 mt inf
2017 - mentioned inferred
reduced by 86% and one of several reasons,
Cutoff language was used = affecting size of resource.
Drilling theme centered around / began - from what i've read lauching the 2011 wellgreen drilling
- majority was underground.
702 holes (
516 located underground )
The compass points to, resource tonnage ( majority ) was derived from UG mine and stepouts
at surface ranging, 200m away from mine.
There's one press release i did not include in, Timeline.
June 2, 2011
Not found on the Wellgreen Platinum, NCP websites.
Was found on, Prophecy Platinum Coal website.
June 02 2011 - 8,000 m drill campaign - image - proposed stepout drills.
Yet.... only 1,925m is seen on the PEA, PFS comparison charts.
https://live.staticflickr.com/65535/53609235296_67065f13f0_b.jpg 2012 also launched a surface drill campaign.
Jan 03 2012 Press
9,000 meters of underground drilling have been planned, targeting
the infill areas of the existing Wellgreen inferred resource.
Separately, the company has also signed a contract for a minimum 10,000 meters of surface drilling starting in the spring of 2012. Between 2 to 4 surface drills will be dedicated toward the surface program which will run concurrently with the underground program
What are my thoughts ? UG played a huge role in resource size.
It was the largest tonnage which continually grew in size going forward.
Cutoffs lowered assisted in growth of inferred, but expansion drilling assisted
inconjunction using, surface stepout drills.
Compare 2011 - 2015 to...... 2023 ?
Former years included inside of UG mine, below mine and surface expansions.
Just A Few Question... Does 2023 include the UG mine or... does 2023 skirt around - go atop UG mine ?
How deep is 2023's pitshell ?
Where's the greatest amount of work performed, former years ?
UG mine..... and 2.5 km strike.... even northerly, more easterly.
2023 Drill Meter Chart
does not tally the 2023 meterage.
https://live.staticflickr.com/65535/53609235296_67065f13f0_b.jpg Would be great to see an image of deposit with all - drill holes.
With colored mineralized grade blocks.
See.... what drills were cancelled, what blocks were considered waste.
Know what cutoff was applied to, 2023 PFS.
Consider other minerals, inehich to keep largest tonnage incheck with payables.
Just because drill meters are seen in, PEA's or PFS reports, doesn't mean
all were factored when spot price or specific cutoffs are - applied.
Is there a difference fronting Ni Eq versus Pt Eq ?
My hunch is, Pt Eq is cleaner versus trying to separate many minerals
trying to arrive at a separate nickel and copper con.
How so ?
Upto 40% of PGM's clung to the magnetites.
Former reports suggested 75% PGM was attainable.
Using magnetite to a vantage is actually an extraction
technique used by, industry.
If one could extract 75% of PGM's and pour ounzes
chances are.... they're in the green.
Dump rest in, multi concentrate... instead of wasting yrs trying to separate.
Throw in an extra iron credit - project takes on a whole new persona.
Jan 30 2014
Former yrs speak of a high grade core " with in " the greater resource.
600m strike x 500m wide x 350m deep x 2.5 g/t Pt Eq
Just a few observation, opinions.
To each their own, my posts are not investment advice.
Yes, i own shares.
Not into shorting.
Yes, i adore Wellgreen. ( great project )
But then again, my opinion maybe bias.
Done researching.
Cheers....