Prophecy Platinum has obtained the drilling results from the Wellgreen PGE-Ni-Cu project. It has intersected 0.47% NiEq over 457 m that contains 0.72 g/t Platinum+Palladium+Gold (Pt+Pd+Au) from the surface to the footwall and also 1.03% nickel, 0.74% copper, 3.14 g/t Pt+Pd+Au over 17.8 m in the hole WS11-188 in this large mineralization.
Wellgreen Plan View
The company has drilled the hole at the exterior side of the present resource borders, between the West and East zone resource.
The high-grade intercept is considerably situated between the two resources. It shows that the West and East zone resource defines a distinct single geographically adjacent body and also signifies the continuation of the high-grade material that exists in the East zone at the depth and to the west of Wellgreen.
At present, the West zone is generally outlined in the upper part of 200 m from surface, along with sparse drilling program further than 250 m from surface.
WS11-188 hole results have shown the benefits of the exploration that were close to the previously outlined Wellgreen resource and past the East zone’s eastern frontier.
The company has presently completed drilling of around 2,300 m at the property. It has been continuing the drill campaign and has planned to announce the finished assay results. Wardrop Engineering is carrying on the Preliminary Economic Assessment (PEA) study on the target. Prophecy Platinum has anticipated the release of the initial pit shell factors during October to display the open-pittable resource prospective in the Wellgreen project.