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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

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 > YOU'RE RIGHT HEYWOOD -
View:
Post by Wangotango67 on Jan 18, 2024 11:35pm

YOU'RE RIGHT HEYWOOD -

This Junior has been awefully silent - several months now.
Lots of shares traded.

Why have a conference trying to attract other interests
when Electrum is the largest holder ?

Where's the leadership ?
Most other juniors are laying down tracks - have a plan in place.

Busy bee - attract Gov't ?
With that pitiful pfs ?

Junior's first plan should be
lowering cut off revert back to 0.15% Eq
factor, other minerals, including iron, magnesium as stand alones.
running ores through a fpx style extraction 
= revising the - pfs.

   Why did Stew drill the Hazen Creek Meta Sediments ?
= No assays ?
= Sediments elsewhere are reknown for ?  ( mystery mineral )



2015's axing of significant ( m + i ) and ( inferred )
Versus 2014's

https://live.staticflickr.com/65535/53294034400_a645049e8f_c.jpg


Why speak about the difference from 2014 - 2015 ?
Because in 2017 the resource size ( almost repairs ) in tonnage.

You see.... former reports stated Hazen Creek Sediments were barren
of mineralization.

Why drill it ?
No sediment assays ?


Darling Stew pissed away $$$$ on Geophysics when Rory claim's to
south of Wellgreen - has off the chart values of, Wellgreen Geophysics.
Rory claims once had a name brand attached.
Same name as former Wellgreen company owner years ago.


Rory Claims ( last repoted ) cookie crumb trail
https://gpmmetals.com/news-archive/gpm-metals-announces-a-five-year-renewal-of-the-rory-claim-group-yukon-territory/


Rory claims = Maple Mountains

In other Wellgreen reports...
It mentioned in so many words... Maple was not included in, resource.

Maple is also associated to, lower region of, Wellgreen.
The olivine region so said former Wellgreen prez.
SS nickel + Mg anyone ?

Sow how does 2017 resource regain tonnage so quickly - from 2015 axing ?
West zone was given more attent - right ?

Quill zone comes onscene.
Kinda intrudes with UG mine zone.
Page 77

Anomaly ?
Was tonnage dropped from UG mine region and replaced with west zones ?
Don't know.


What i do know is,
2017 tonnage increased from 2015's axing.
2 yr span.

And... 2017 resource report mentions how the UG mine grades were higher
than neighboring drill holes.  The higher grade was considered bias.

Resolve ?
Use All North's 3m core UG drill cores - intergrate these higher assay values with
median grade values = so the grades would blend.
More like wash the grades.

I don't agree with this.
Imagine telling a gold miner we will take your high grade zone and
blend them with your outside neighboring mean grades ?
omg.

West zone
Wasn't this zone with other investors brought in ?

What about drilling the UG mine zone who else was involved ?
Page 89

Considerable surface and underground drilling was completed in the 1950s by Hudson Yukon Mining, an operating subsidiary of HudBay. Additional drilling was completed under the auspices of the Kluane JV (All-North, Chevron and Galactic Resources) in the 1980s by Archer, Cathro & Associates Ltd.
Drill logs, assay summaries and certificates for many of these historic drill holes are available, and have been compiled into a database along with more recent drill data.

This historic work has not been completely documented, however much of the data has been located and digitized. Drilling prior to 1987 has not been used for the resource estimation other than to guide the construction of the geologic model.
The pre-1987 drilling was removed because: 1) long intervals of the holes were not assayed, 2) the criteria to assay or not assay does not appear consistent, and 3) high-grade intervals appear to be high biased relative to the Wellgreen Project drilling.

Page 90
Roughly 496 drill holes prior to 2007.
Roughly 462 drill holes prior to 1987

Question -
Could these former year parties not want UG mine resource reported ?
Or... chop the 0.60% Ni grade down to 0.26% median blend grades ?

West zone has several interests ?
UG mine has several interests ?
Who knows who owns what especially with a  # company on claims.

Page 94
Drill holes used in 2017 resource size

First impression ?
Looks sparce.  Are all the drill holes being used ?

Page 94 says ?
Figure 10-1: Drill Hole Location Map, 1987 and Newer Holes Used in Estimation of the Mineral Resource


Newer holes but are they - all the holes ?


Let's compare with Prophecy's drill map.
Appears as - Prophecy's drill log has far more holes in UG mine to Central zone ?
What do others think ?

Grades are higher too.

https://live.staticflickr.com/65535/53298076647_057655ed78_c.jpg


2017 Resource Report PDF

https://www.miningdataonline.com/reports/Wellgreen_TR_MineralResource_06262017.pdf

So whose been buying this stock up ?
Dec 2023 -----> present = lots of shares traded.


What will IVN do with all that cash in hand ?
They like the Plat Group minerals.



Cheers...

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