Prophecy Platinum Corp. (TSXV: NKL) is a Canadian mining company focused on the development of platinum group metals (PGM) projects in politically stable, mining-friendly jurisdictions. The Company's 100% owned Wellgreen PGM-Cu-Ni project, located in Canada's Yukon Territory, is one of the world's l…
Prophecy Platinum Corp. (TSXV: NKL) is a Canadian mining company focused on the development of platinum group metals (PGM) projects in politically stable, mining-friendly jurisdictions. The Company's 100% owned Wellgreen PGM-Cu-Ni project, located in Canada's Yukon Territory, is one of the world's largest undeveloped PGM deposits and one of few significant PGM deposits outside of Southern Africa or Russia. The Company's Shakespeare PGM-Cu-Ni project is a fully-permitted, production-ready open pit mine located in the Sudbury mining district of Ontario, Canada. Prophecy Platinum's seasoned management team has a track record of successfully discovering, developing, operating and financing large scale mining projects and has specific PGM, Yukon and Sudbury District experience. The team is led by Greg Johnson, an exploration geologist who co-founded NovaGold.
The Wellgreen project has a mineral resource estimate showing the open pit shell to contain more than 7 million ounces of PGMs plus gold along with 2 billion pounds of nickel and 2 billion pounds of copper in the Inferred resource category. With zones of up to 500m of continuous mineralization at 2g/t PtEq. starting from surface, the project is amenable to both large scale, open-pit and bulk underground mining. The current target area, with a strike length of 2.5km, represents just a small portion of the overall 18 km Wellgreen property. The property is situated just 15 km by all-weather road from the paved Alaska Highway for transport to one of two deep sea ports
