Prophecy Platinum Corp.(TSXV:NKL) announced more results from its 2012 drill program at its 100% owned Wellgreen project. Three drills are currently operating on the property and the Company expects to add a fourth by the end of July.
As quoted in the press release:
WU12-528, WU12-529 and WU12-536 intercepted mineralized widths ranging from 46.8 metres (WU12-536) and up to 191.1 metres (WU12-528) with composited grades in excess of 0.4% NiEq. Highlights include WU12-529 which returned assays of 1.16 g/t Pt+Pd+Au, 0.44% Cu, 0.24% Ni over a core length of 14.2 metres.
Get Our Expert Guide to Platinum Investing FREE!Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.