TSX:NCP - Post Discussion
Post by
Wangotango67 on Oct 04, 2023 1:25am
HOW MANY DEPOSITS ( Shaw Project ? )
Back in the day... Other junior's identified 5 deposits on Shaw.
Nickel Creek has added a sixth.
The Nickel Shw Project contains the Company's core Ni-Cu-Co-PGM Wellgreen deposit, as well as the Arch, Burwash, Formula, Musk and Quill claims.
Which means...
The recent resource calc only applies to the core, Wellgreen deposit.
Imagine that.... only Wellgreen has been estimated.
Take note of the footwall that meanders right through
Footwall + Sediments = higher grade - PG metals.
Dotted Outline.
https://live.staticflickr.com/65535/53233315698_e062d833c4_c.jpg
This image shows the enormous ( strike ) 17.5 km
https://live.staticflickr.com/65535/53233499245_3e788493a5_z.jpg
This image shows the peridotite and footwall.
What's interesting is, the peridotite has just as good
grades as, footwall area.
57+m total intercept.
If the yellow zone beyond footwall is sediment host rock,
this is the zone i'm interested in.
In plight of, sediment bleed of PG's merging with peridotite serps.
https://live.staticflickr.com/65535/53232132177_56e1120fcb_c.jpg
Wellgreen ( measured + Indicated )
With over
2.4 billion pounds of nickel
1.2 billion pounds of copper
6.9 million ounces of PGMs
37 million pounds of cobalt
Key wording ?
With Over.... how can there be more ?
17.5 km strike several more deposits
West Zone has seen drilled
Central Zone seen drilling
Quill Zone seen drilling
Arch Seen drilling
East Zone Seen drilling
Far Zone + North Zone - discoveriesby, Prophecy
NCP mentioned they might drill more ?
lol
Maybe the best move they could make to trigger the interest of
a larger player is....
1 - Revise MET + PFS
2 - Retest cores using Nitric acid and test ( PULP ) undissoled Platinum Group.
In this image we can see the grade distributions.
The injustice ?
Increment grades from 0.40% to 1%
Increments at 0.40% should scale ( 0.40% - 0.50% - 0.60% - 0.70% etc.... )
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-22-2048.jpg?cb=1671716840
Same goes with cutoffs...
Though historical in nature ( image )
CUT OFFS
Look what only 50 million tonnes amounts to in, size of resource.
Anazing when compared to, current PFS with over 400 mil tonnes.
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-14-2048.jpg?cb=1671716840
After expanding the digitized drill core intercepts...
I would side with open pitting.
Why ?
The intercept ( colored cores ) in orange do not light up as the red do.
Couldn't see them until expanding the image very, very large.
Orange represents 0.40% - 1% ( incredible spread ) should have more increments.
Keep in mind green coloration also represents 0.40%.
The red intercepts range from 1% to 14% - lol
Digital intercept color revision is needed.
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-16-2048.jpg?cb=1671716840
Amazing Project. Enormous in size. Beautiful grades. 6 Plat's
No punch value No Tech attached No Large Miner involved
Not unless Stew still has ties to, Vale.
Grades + MET Tests = throw a dart choose one of the juniors...lol
Far more resource than stated.
Junior needs to make their next move a positive for shareholders - nondilutive.
Place more info on their website.
Bring forth 6 plats...
If it were me....
new met tests, retest with nitric 6 plats, revise pfs iron, mg, green energy
There.... Done analyzing this project.
Don't mind me - i do it with each junior ( i invest in )
My research is not investment advice.
I may have gotten a few things wrong.
Few things right.
Cheers.
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