Nickel Creek Platinum Corp (NCPCF)

[OTCRIDER]

http://www.wellgreenplatinum.com/

Wellgreen Platinum is a Canadian mining exploration and development company focused on the active advancement of its 100% owned Wellgreen platinum group metal (PGM) and nickel project. Located in the Yukon Territory, Canada, a 2015 Preliminary Economic Assessment (the “2015 PEA”) demonstrated that the Wellgreen PGM and nickel project has the potential to become a large, low cost open pit producer of platinum, palladium, gold, nickel, and copper. The Wellgreen property is accessible from the paved Alaska Highway, which leads to year-round deep sea ports in southern Alaska.

The Company is led by a management team with a track record of successful large scale project discovery, development, financing and operation. Our vision is to create value for our shareholders through development of the Wellgreen deposit into a leading North American PGM and nickel producer.

http://www.otcmarkets.com/stock/WGPLF/profile


The Wellgreen deposit occurs within, and along the lower margin of, an Upper Triassic ultramafic-mafic body, within the Quill Creek Complex. This assemblage of mafic-ultramafic rocks is 20 kilometres long and closely intrudes along the contact between the Station Creek and Hasen Creek formations. The main mass of the Quill Creek Complex, the Wellgreen and Quill intrusions, is 4.7 kilometres long and up to 1,000 metres wide.

Mineralization on the Property occurs within the Quill Creek Complex, a layered intrusion which gradationally transitions from Dunite to Peridotite to Pyroxenite to Clinopyroxenite to Gabbro with a corresponding increasing sulphide content through this sequence toward contact with the Paleozoic sedimentary country rocks. Mineralization within the main Wellgreen deposit has been delineated into six zones of massive and disseminated mineralization known respectively as the Far East Zone, East Zone, Central Zone, West Zone, Far West Zone, and North Arm Zone. The mineralization at Wellgreen is similar to gabbro-associated nickel deposits such as those found in Noril’sk, Russia; Stillwater, Montana; and Sudbury, Ontario, though it is unusual in comparison with the width of continuous disseminated mineralization and total platinum group metals (PGMs) content.

Exploration drilling has defined a mineralized zone over a 2.8 kilometre East-West trend. The deposit averages 100 to 200 metres in thickness at surface in the Far West Zone, expands to 500 metres in thickness in the Central Zone and to nearly a kilometre wide in the Far East Zone where the deposit remains open down dip and along trend.

The main sulphide minerals associated with potentially economic mineralization at Wellgreen include pentlandite for nickel, chalcopyrite for copper, with the PGMs platinum, palladium, rhodium, iridium, ruthenium, and osmium, as well as, gold included in sperrylite, merenskyite, sudburyite, and other lesser known minerals that are often associated with magnetite, pyrrhotite, chalcopyrite, and pentlandite, along with cobaltite for cobalt.
http://www.wellgreenplatinum.com/projects/wellgreen/location-geology

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