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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 > PROPHECY FILES
View:
Post by Wangotango67 on Mar 25, 2024 1:17am

PROPHECY FILES

Northern Platinum   2010
Prophecy Platinum  2011
Prophecy Platinum  2012
Prophecy Platinum  2013 ---------> December 18, 2013

NEXT DAY NAME CHANGE ( fast notice )
December 18, 2013, Vancouver, B.C., Prophecy Platinum Corp. (TSX-V: NKL; OTCQX: PNIKF) (the “Company”) is pleased to announce that its name will change to Wellgreen Platinum Ltd. effective tomorrow.

Link
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



Prophecy Platinum - Assembled 2012 PEA

Borehole = underground = 702
PEA mentions - only 55,000 meters (   first thought ?  more metersge )

2012  underground meters   vs  2015  underground meters
           55,000 m                                          30,593 m

2012 pea contained 24,400 more meters ( bore holes )
2012 pea contained 155 more underground ( bore holes ) than 2015


https://live.staticflickr.com/65535/53609235296_67065f13f0_b.jpg


2014 - 2015 pea's both contain - 68,898 m 
included 846 million inferred tonnes
= inorder to achieve mass inferred tonnage it would need tonnage
in a close proximity = under mine = 2012 bore holes in mine underground.

2012 began with = 446,649,000    inferred  tonnes
2014/15 stated    = 846,000,000    inferred  tonnes   with 329 million ( m + i )




2023 pfs contain's 92,282 m

  92,282 m
- 68,898 m
= 23,384 m  

From, 2013 forward - was there 23,384 m  drilled underground ?

2023 pfs - 2014 to 2022 = ZIP


2023 underground drilling ( diamond drilling ) not borehole
= 30,633 m


Who holds the borehole data file ?
2012  PEA - 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.

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


2015 PEA PRESS
The Mineral Resource Estimate was derived from 776 drill holes totaling 69,898 metres which have tested approximately 2.5 kilometres of an 18 kilometre long system.

Link
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2015/Wellgreen-Platinum-Announces-Positive-Preliminary-Economic-Assessment-Update-on-its-Wellgreen-PGM-Nickel-Project/default.aspx


2012 - 2014
drilled inside mine
drilled from surface mine to central
reassayed historicals


My Thoughts ?
2012 - 2015 reassayed and drilled many new holes
Strongly points to = validating bore hole data

Prophecy Press **
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://s21.q4cdn.com/491660439/files/doc_financials/2010/2011_Q4.pdf&ved=2ahUKEwiXuaLRtI6FAxVMnokEHcU1DzkQFnoECBkQAQ&usg=AOvVaw0SRwgoP6OpzJcHYavnsWym


2012 - 702 holes 55,000 m  ( 516 underground boreholes )
2023 - 548 holes 30,633 m ( diamond holes )
                          = 24,367 m short
2012 - 702 holes 55,000 m  ( 516 underground boreholes )
2015 - 776 holes
        =   74 hole difference



55,000 m of borehole data 2012 pea
30,593 m of underground  2015 pea
= 23,384 m indifference from 2012 to 2014/15 pea's
versus
29,994 m  underground in 2023 pfs  ( diamond holes )  not boreholes

each pea going fwd
= under ground drill meters decrease when compared to 2012

My compass points to -----> prophecy's deep borehole data files
300m  to 700m depths

Seeing deep surface holes going well beyond pit phase #1 pit shell
sunk deep under mine - brings forth thoughts of, confirming deep bore hole data.

https://live.staticflickr.com/65535/53597567652_fc61536a22_z.jpg

https://live.staticflickr.com/65535/53585364489_7e1b719421_c.jpg

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

2012 - Inferred tonnage - 446,649,000


Examples
1250m L  x  500m W  x  500m D x 2.7 = 843,750,000 t

  500m L  x  600m W  x  500m D x 2.7 = 405,000,000 t


Question becomes,
could the = 23,384 m  of borehole amass
= 446,649,000 t  inferred from - 2012 - pea ?

one would only need this first constraint example above.


second theory ?
targeting lower ultramafics ( 2nd or lower strata lenses )
far east, esat, central show deeper ultramafics beyond pit shell depths


1250 m ( far east to central )
x 250 m  lower ultramafics   inferred
x 500 m wide ( refer to 1st pink link immediately above ) has elev scale widths
x 2.7 ore weight
= 421,875,000  t

Is wellgreen defined with upper / lower ultramafics ?
YES  ( what if... pitshell is only upper ? )

Does the 1st phase pitshell have ore tonnage below ?
YES

Were some holes missing from reports ?
How about borehole meter difference between 2012 to 2015 ?

Other meters ?
Holes A, B

The 2016 drill program (see press release dated July 11, 2016) consisted of 2,503 metres of infill and exploration drilling in 13 drill holes. Borehole EM surveys were conducted in three holes.

https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2016/Wellgreen-Platinum-Provides-Corporate-Update/default.aspx

2023 - pfs doesn't show the EM bore holes meters of 2016


So... what am i hoping for ?
Lower ultramafic inferred tonnage increased - derived from,

- historic diamond drilling
- historic borehole drilling
- 2012 forward diamond, borehole, wellholes, boreholes, reverse circular
- exotics, solution Ni, iron, titanium, chromium, magnesium, aluminum - credits


Wellgreen is a beautiful project.
I wouldn't put so much effort in reseach if it weren't.

Cheers...




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