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Prophecy Drills 49.5 Meters at Yukon Wellgreen Project

Investing News Network
Aug. 22, 2011 08:30AM PST
Precious Metals Investing

Prophecy Platinum Corp. (CVE:NKL,OTC:PNIKF,FRA:P94P) reports the drill results m for its first completed hole on the Wellgreen project.

Prophecy Platinum Corp. (TSXV:NKL,OTC:PNIKF,FRA:P94P) reports the drill results m for its first completed hole on the Wellgreen project.

The press release is quoted as saying,

Borehole WS11-184 encountered 472.6 meters of mineralization grading 0.43% NiEq (3.1 g/t PGM Eq) from surface to the footwall contact. Within this larger swath of mineralization the hole encountered 49.5 meters of 1.27 g/t PGM+Au, 0.71% Ni, 0.45% Cu (1.11% NiEq, or 8.10 g/t PGM Eq). The geology transitioned from blebby disseminated to net-textured to massive sulphide approaching the footwall contact grading 6.3% Ni, 1.7% Cu, 2.7g/t Pt,1.6g/t Pd, 0.17g/t Au, 3.4g/t Ag.

For the complete press release, click here.  

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