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Bullboard - Stock Discussion Forum 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... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > QUARTZ CLAIMS
View:
Post by Wangotango67 on Nov 18, 2023 5:16am

QUARTZ CLAIMS

GOOD NEWS
Wellgreen is classed as Quartz claims. ( image below )
Based on this image from 2023 PFS Tech Report Wellgreen boundary
in Red perimeter  is not apart
of the ( A,B ) Kluane agreement.
While, Burwash does fall into one of the A - B categories.

Quill + Wellgreen Claims
are reqistered by same owner name.
0905144 B.C. Ltd


Quill Intrusion into Wellgreen
I've analyzed this extensively asking myself each time,
why create a new Quill zone ?

Several ( other ) images show Quill running north to south with the same
boundary disposition as the other zones, FE2, FE1, East, Central...etc.

Yet, in 2023 PFD ( image below )
we see an entirely different Quill boundary.
A boundary that was indeed apart of wellgreen original boundary.

I've provided 3 overlay images to allow a comparison.
Bottom ( right side image ) yellow dot = base camp.

   Plausable reason for Quill's new invasive zone ?
- deposit runs deeper near base camp if this plunge contines
   Easterly or Southerly - Quill would capture it.
   Future segragation ?

- 2015 PEA Pit captured part of new Quill zone ( second image )
- 2023 pit outline stays away from the new quill
- 2023 pits are  shallow vs deep drill intercepts
- 2023 PFS ( page 222 ) No underground areas are considered in
   Mineral Reserves ?  ( would this be the high grade underground mine lots of exotics ? )


https://live.staticflickr.com/65535/53339418518_d979db2a44_c.jpg

https://live.staticflickr.com/65535/53332579664_d60f7e4652_z.jpg


BOTH 2015 - 2023 REPORTS
show multiple pit shells revealing future mine plans
2015 reports 25 yr mine life plus... additional 31 mines yrs

2023... resource tonnages only represent
shallow pits,

If one factored
2015's 5 pit constraints or 2023's  4 pit constraints
= there would be MEGA tonnage resources
= 56 yrs mining

PERIDOTIES
Are mentioned in, 2023 PFS.

BUT... i have to remind myself of several important factors

1- 2012 MET tests used 80% peridotite composite with success
2- 2012 fusion assays revealed far higher grades + 2 nickels, chromium, titanium
3- 2014 / 2015 pit captured portions of new Quill - wider pit = capture deeper zones
4- 2014 / 2015 potential 56 yr mine life
5- 2014 / 2015 would still mine and process - peridotites
6- no iron, no exotics, no titanium, no chromium
7- 86% inferred reduction ( peridotites )
8- extraction could not process, solid solution, sulphide in SS, microcrystalines
9- Data from simulated MET studies used in, block modelling
10- 10m mine blocks have the extraction data ( extraction results )  hmmmm


REWRITE WELLGREEN ?
DNi Extraction
All ores included exact opposite of, 86% reduction
Silicate nickel + sulphide nickel 0.77% avg
Higher recoveries
Iron, exotics, titanium, chromium, magnesium
Deeper pit models
= Highly Valuble


Cheers...

Looks like...
National Bank is going on a buying spree ?
Can't get enough shares ?
Interesting lot numbers.
lol


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