Prophecy Platinum Provides Further Results from Wellgreen’s Far East Zone

Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF) announced additional results from the 2013 field program at its Yukon-based Wellgreen platinum group metals-nickel-copper project, commenting that “re-logging and sampling work has confirmed the extension of mineralization by more than 325 metres to the east of the Far East cross section.”

As quoted in the press release:

That cross section included hole 215, which intercepted 756 metres of continuous mineralization grading 1.92g/t Platinum Equivalent (“Pt Eq.”) or 0.46% Nickel Equivalent (“Ni Eq.”), including a 65.6 metre interval grading 4.19g/t Pt Eq. (1.00% Ni Eq.), comprised of 1.33g/t platinum+palladium+gold (“3E”) with an additional 0.56% nickel and 0.45% copper.

These newly interpreted cross sections are 225 to 325 metres east of hole 215 and indicate continuity of the mineralization in the Far East with additional broad zones of mineralization in four different drill holes ranging from 300 to 375 metres in width and grading approximately 2 g/t Pt Eq. (0.48% Ni Eq.). These drill holes are the eastern most in the deposit and, like drill hole 215, also show higher grade zones of significant width at 3-5 g/t Pt Eq. grades.

Click here to read the full Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF) press release.