Monday 26th June 2017

Resource Clips

Prophecy reports YT Assays: 0.47 g/t PGM, 0.24% Nickel, 0.13% Copper over 242.6m

Resource Clips - essential news on junior gold mining and junior silver miningProphecy Platinum Corp TSXV:NKL reported results from its 100%-owned Wellgreen Platinum Group Metals-Nickel-Copper Project, located in the Yukon Territory. Highlights include

0.13% copper, 0.24% nickel, 0.22 grams per tonne platinum, 0.21 g/t palladium, 0.04 g/t gold over 242.62 metres
(including 0.23% copper, 0.24% nickel, 0.31 g/t platinum, 0.4 g/t palladium, 0.04 g/t gold over 50.9 metres)
(including 0.27% copper, 0.5% nickel, 0.42 g/t platinum, 0.59 g/t palladium, 0.04 g/t gold over 18.14 metres)

Chairman John Lee commented, “These infill drill results of significant widths and grades continue to define and enhance Wellgreen’s resource model. Production has been great, and additional rigs have arrived on site. We have started to drill several exciting surface soil-anomalies to expand Wellgreen’s strike.”

Prophecy also announced today that its takeover of URSA Major Minerals Inc TSX:UMJ will close July 16. On closing, Prophecy Platinum will issue one common share for each 25 common shares of URSA Major.

View Company Profile

David Brook
Manager, Investor Relations

Read a feature story about Prophecy Platinum

by Kevin Michael Grace

Share |

View All: News Stories