Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) received and announced that five holes from its 2012 underground infill drill program on the Wellgreen Project in the Yukon Territory, Canada, all intercepted significant mineralized widths ranging from 94.2 metres (WU12-535) and up to 284.4 metres (WU12-521).
As quoted in the press release:
The grades are materially higher than the 0.22% NiEq cut off adopted in the PEA* resource model. Highlights include WU12-539 which returned 18 metres of 1.75 g/t Pt+Pd+Au, 0.82% Cu, 0.48% Ni within 51.5 metres of 1.11 g/t Pt+Pd+Au, 0.50% Cu, 0.31% Ni.
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.