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Prophecy Platinum Provides Project Updates, Releases 3rd Quarter Financial Statements
Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF) released its unaudited interim consolidated financial statements for the three and nine month periods ended December 31, 2012. The Company also provided an update on its Wellgreen project in the Yukon and its Shakespeare project in Ontario, Canada.
As quoted in the press release:
With our new, experienced senior management team in place, 2013 should be a transformational year for Prophecy Platinum. Our Wellgreen technical team is currently updating geological model based on all of the historical exploration at the Wellgreen project and is targeting a significant drill program for 2013 that will include confirmatory drilling as well as test the resource expansion potential of several high priority targets. Infill confirmatory drilling will be done to upgrade Inferred Resources to the Indicated Resource category with a target to issue an updated resource model by Q1 2014.