Prophecy Platinum unveils its latest drill results that hit massive sulphide intercepts at its well green PGM nickel and copper project in Yukon. Prophecy Platinum unveils its latest drill results that hit massive sulphide intercepts at its Well green PGM nickel copper project in Yukon.

Prophecy Platinum Corporation said that the latest assay results from its Well green platinum group metals PGM nickel copper project located in the Yukon revealed massive sulphide intercepts. Further results of its 2012 drill program on the wholly owned well green project include five surface and four underground holes that all intercepted significant mineralized widths.

Notably hole WU12 to 541 hit 268 meters of 0.52% nickel equivalent including 44.04 meters grading 0.47% copper, 0.24% nickel and 1.03 grams per tonne PGM plus gold.

Mr John Lee chairman of Prophecy Platinum said that “This year's drilling has just passed the 10,000 meter mark. Results so far have demonstrated mineralization of significant strike and width with several high grade intercepts. The company is bullish on PGM and nickel prices going forward. The price of nickel appears to be embarking on a stealthy run recently up 10% at USD 8.20 per pound in September. We expect further positive drill results from Well green shortly.”

Source - Proactive Investors

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