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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 Apr 01, 2024 1:08am
126 Views
Post# 35962188

HYPO PART 4

HYPO PART 42012 PEA - Page 95 - 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

2012 Tetra Tech PEA Mode
cutoff
  0.2%     Indicated Pitshell     14,432,900     1.4%  Ni Eq
  0.2%     Inferred Pitshell     446,649,000     0.6%  Ni Eq


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

 cutoff
0.15%  ( m +  i )   329,569,000    0.261  Ni   ( eq not factored )
0.15%  inferred   846,389,000    0.237  Ni   ( eq not factored )

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

2012 PEA metions    702 drill holes
2015 PEA mentions  776 drill holes

   What had not fully come to fruition in, 2012 ?
= All historical holes / reassaying / relogging not yet completed -  till 2013
= Hence, the indifference between 2012 pea  and  2015 pea
= 2012 pea should've stated how many holes were then assayed from 702

By the time 2014 quick resource calc was pressed and to... 2015 pea
M + I  Reasource  and Inferred grew in size

All historicals were in, with all the more new holes ( 702 - 776 ) 74 more holes
like 2015 / 2016 press outlines ( yet, press adds, more historicals were included )


PAGE 19 - 2015 PEA
Mineralized mill feed material is planned to be mined mainly from a large open pit (383 Mt) with
additional feed from an underground mine (9 Mt). The total planned mine life is approximately
25 years with 392 Mt of mineralized material mined and processed and 296 Mt of waste rock
mined giving an overall strip ratio of 0.75 t of waste rock to 1 t of mill feed material.

  392 Mt of mineralized material mined
  296 Mt of waste rock mined
= 688 Mt

Reads as,
just mine the ( m + i )


Historical drill compilation

 516 ug holes - east
   80 surface  - east
   70 surface - west
= east + ug mine + below mine
= 2015 resource ( derived mostly from this zonation )


2015 Yellow pitshell
2.5 km strike
2 main pits ( east / west )
inferred = below pits and outlier boundary of only yellow bounday

If... 2015 PEA
only factored ( m + i ) then what remains ?
= 846 Mt  inferred 

846 million t
would have to comprise
benieth pits and... larger yellow boundary

Then, what was 2014/2015 crew implying when speaking
37 yr mine life, 56 yr mine life ?
Aqua green parameter



https://live.staticflickr.com/65535/53515856826_321aaf3ac9_c.jpg

Therefore,
846 Mt inferred would have to be geared toward
= 2015 PEA yellow parameter
= if both east + west pits are mined
= leaves only 2 zones to comprise 846 Mt inferred
= deeper + full extent of, yellow boundary


2015 PEA ( page 24 )


Gabbro 11%
Clinopyroxenite/Pyroxenite 88%
Peridotite 1%

Keep in mind
2015 characterized ore into 3 groups  seen above ^
( peri with subgroup = dunite + olivine ) all grouped under peridotite

Peridotites increased to 10% after 16 yr of ming

2015 included - gabbs

2017 press - recharacterized ore - segragated gabbs, sulphides
= test at later date

Yet... 2015 PEA already included these gabbs / sulphide ore kinds
lol



2015 PEA extraction recoveries not factored
2023 PFS extraction recoveries inputted into block model

  Yet... one must keep in mind, 2017 changed
- cutoffs
- boundaries
- rechacterized ore
- test sulphides + gabbs later date = my compass ---> ug mine and below it
= lower ultramafics


Shallow pit shells ( 2015 / 2023 )
what's below ?


https://live.staticflickr.com/65535/53521505591_6e24ef0d7b_c.jpg


2013 - Johnson 756m hole
drill outside pea pitshell ( yellow boundary ziggy pit )

https://live.staticflickr.com/65535/53520608537_e27368a5f4_c.jpg



Visually seeing what's below yellow pitshel in diagram
= convinces me there's strong support for 846 Mt inferred below
= lower ultramafics



2023 pfs mentions arch... but what about west ?
2023 pfs includes waste mining cost near same cost to mine mineralized ore


If 2023 main 2 pit shells
ride atop + skirt mine
are shallow and don't run as deep as the johnson hole or ug holes
= then,  does this not spark interest towards 86% inferred loss ?
= it does for me


These Hypo posts along with a few other posts
are a compilation of my research on, Wellgreen.

Not investment advice.
Moreso an effort to track down the 86% loss of, resource.
I maybe wrong, but then again i maybe bang on.
Open to another's correction via post.


Cheers...

Yes, i do admire the Wellgreen project.., not the Shaw.

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