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384.9 meters of 0.45% NiEq Starting From 9.45 meters Depth Intercepted at Yukon Wellgreen Project

Investing News Network
Dec. 08, 2011 10:38AM PST
Base Metals Investing

The final set of 2011 drill results from Prophecy Platinum Corp.’s(TSXV:NKL,OTCQX:PNIKF,FWB:P94P) Wellgreen PGM-Ni-Cu Project have been announced: Borehole WS11-192 intercepted 384.9 meters of 0.45% NiEq starting from 9.45 meters depth.

The final set of 2011 drill results from Prophecy Platinum Corp.’s(TSXV:NKL,OTCQX:PNIKF,FWB:P94P) Wellgreen PGM-Ni-Cu Project have been announced. Borehole WS11-192 intercepted 384.9 meters of 0.45% NiEq starting from 9.45 meters depth. Included in this greater interval of continuous mineralization is a PGM-rich zone with a combined Pt+Pd+Au grade of 1.358 g/t over 19.23 meters (NiEq 0.74%).

As quoted in the press release:

 

These results mark the receipt of all assay results for the 2011 exploration drilling season on the Wellgreen property. WS11-188 and the surrounding holes demonstrated Wellgreen Central-East and Central-West to be one contiguous body, whereby good potential exists to significantly broaden the Central-West resource base, currently contributing only roughly one quarter of the current 43-101 compliant resource at Wellgreen. Overall the program met with good success in expanding the resource to the east and south. The long drill intercepts suggest the deposit remains very much open in those directions.

Click here to read theProphecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) press release


Click here to see the Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) profile.

drill-results otcqx-pnikf prophecy-platinum tsxv-nkl prophecy-platinum-corp
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