Wellgreen Platinum (“Wellgreen”) is pleased to report the results of its recently completed mineral resource estimate for its 100%-owned Wellgreen Ni-PGM-Cu project in the Yukon Territory, Canada.
Since the publication of the July 24, 2014 mineral resource estimate, an additional 74 drill holes were completed during four drill programs from 2013 through to 2016. These drill holes and assay data were incorporated into the new geologic model and 2017 Resource Estimate.
Diane Garrett, President and CEO commented:
“Over the past 12 months we have taken the level of scientific test work on the Wellgreen Project far beyond the Preliminary Economic Assessment (“PEA”) stage and have a much better understanding of the deposit through that work.
Amongst the knowledge gained is the identification of future exploration drill targets at Wellgreen and regionally within our land holdings, understanding how the material will perform in the process plant, potential smelters and shipping routes for our product and smelting and refining terms for our quality of concentrate.”