| Announcement Date: | 2023-04-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Nickel Creek Platinum Corp. |
| Project name: | Nickel Shaw |
| Location: | Canada |
| Commodities: | Gold,Palladium,Platinum,Copper,Nickel,Cobalt,Sulphur |
| Highlight: | Drilling results incl. 3.84m at 2.57% Ni, 1.61% Cu, 0.11% Co, 0.81g/t Pt, 1.44g/t Pd, 0.10g/t Au, 19.64% S from 169.48m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, April 11, 2023 /CNW/ – Nickel Creek Platinum Corp. (TSX: NCP) (OTCQB: NCPCF) (“Nickel Creek” or the “Company”) is pleased to announce the results from its 2022 drilling and geophysics program on the Arch Target conducted during the period of July-October 2022 in Yukon, Canada. The timing of the release of these results was largely impacted by the unprecedented volume of samples from exploration projects throughout Yukon submitted to the ALS preparation lab in Whitehorse. The drilling component of the 2022 exploration program comprised 18 holes totalling 2,975 metres (m), of which 10 holes totalling 1,265 m were drilled on the Arch Target at the Nickel Shäw Project. The drilling at Arch was successful in extending massive to disseminated Ni-Cu sulphide mineralization at depth and along strike from holes drilled in 2021. See Figure 1 for a general plan map of the areas. Eight (8) holes were drilled on the Wellgreen deposit (1,710 m) to convert inferred mineral resources to indicated mineral resources and to collect additional geotechnical and hydrogeological data. The 1,710 metres of drilling at Wellgreen was carried out to support the completion of a Prefeasibility Study (PFS) which is expected to be completed by July 2023. “We have demonstrated the continuity of sulphide mineralization at the Arch Target including its significant Nickel, Copper, Precious Metals and Sulphur grades. This target occurs at shallow depths and is currently being assessed to determine if a maiden inferred resource can be outlined here.” said Stuart Harshaw, President and CEO of Nickel Creek Platinum. “The PFS will not include the Arch Target when produced in Q3 this year but we are excited by the opportunity for additional higher-grade mineralization at our Nickel Shäw property. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 40,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data