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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 > THOUGHTS PART 2
View:
Post by Wangotango67 on Mar 25, 2024 7:55am

THOUGHTS PART 2

2012 PEA
  14,000,000 - million tonnes  ( m + i )
446,649,000 - million tonnes ( inferred )

55,000 m - total  -  702 holes
516 boreholes  - underground  ( east - ug mine )
    3 boreholes - underground  ( west - ug mine )
   80 surface holes ( east )
   70 surface holes ( west )

Not all 55,000 meters were ug
would need stats breakdown - easiest referral = 2015 ug meters
assuming all 2012 ug bore holes were carried over into 2015 ug meterage.


2015 PEA
329, 000,000 million tonnes ( indicated )
846,000,000 million tonnes ( inferred )

547 holes -  30,593 m  underground
229 holes - 38,304 m  surface


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

Based on press / pea readings
2011 - 2015 crews wanted to tie in east to west drilling out central
Though 2.5 km was drill tested... East to Central ( 1250m ) became a focal with ug mine



- 2012 - Not all 55,000 meters were underground
- 2015 - Provides insight to underground meters + # of holes
- 2015 - stats are important since ( 329 m t + 846 mt inferred ) were categorized

THERORY
2011 - 2015
One has to assume the original 2012 - 446,649,000 - million tonnes ( inferred )
would be targeted first - easiest to bump up to, indicated.

Twinned holes underground / etc
Reassaying
Downhole geophysics

Contraire side ?
2012 - 446,649,000 - million tonnes ( inferred )
stayed inferred ( assaying, twinning, geophysics ) made compliant



2015 -  547 holes -  30,593 m  underground  =  446,649,000 - million tonnes inferred

2015 - Leaving - 229 surface holes - 38,304 m -  to achieve
329,000,000 m  ( indicated )
400,000,000 m ( inferred )  East to Central to West

Issue ?
how can 329 mt  produce 400 mt inferred ?
top end to short on meterage

there is only one to produce greater inferred tonnage using same holes
= stepout holes away from core indicated deposit
= johnson's 756 m hole stepout would do it wonderfully

freudian image slip ?
johnson's hole placed outside pitshell - lol  ( what was on they're mind )

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


It's then one could pair...
329 mt indicated holes with 329 mt inferred = same surface holes
= 38,304 m


2012 - 446,649,000 -  million tonnes ( inferred )  underground
2015 - 329,000,000  - million tonnes ( inferred )  surface

What's missing to achieve 846 million tonnes inferred ?
= 70,351,000 m

Two 600m intercept holes stepped out 200m away from core inferred
Two holes 200m apart allows a bookend
200m L x 200m W x 600m D x 2.7
= 64,800,000 mt  ( pretty close )

Let's ask the question...
how much meterage does johnson's hole tap into benieth - ug mine ) ?
my overlay image has it at - 365m extra meters deep - below rinky d  pea pitshell.
https://live.staticflickr.com/65535/53597567652_fc61536a22_z.jpg
can see the grid scale ^ ^

365m below small pit x 200m east headed west x 500m width j hole to mine x 2.7
= 98,550,000 mt  ( interesting )


Thought i'd share a few thoughts.
Why ?
If ever there were larger interests... more tonnage = better for shareholders.


  Corrections
- Galactics 16k+ meters are accounted for if one combines All North's
- Former post 2012's - 55,000 m is not all underground ) revised with in this post.

Cheers...



Images that show twinng of deep holes ?
Expand images to see drill lines nearly touching = twinned.

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

https://live.staticflickr.com/65535/53588483904_5bef30933e_c.jpg



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