Prophecy Platinum Announces Drill Results Demonstrating Broad Zones of Continuous Platinum Group Metals, Nickel and Copper Mineralization at the Wellgreen Project
Vancouver, B.C., February 4, 2013: Prophecy Platinum Corp. (“Prophecy Platinum” or the “Company”) (TSX-V: NKL; OTC-QX: PNIKF) is pleased to announce the final results of its US$6.5 million, 11,000 metre 2012 exploration drill program at the Company’s 100%-owned Wellgreen PGM-Ni-Cu project, located in the southwest of Canada’s Yukon Territory. Fourteen of fifteen drill holes, from across approximately two kilometres of the existing mineral resource area, intercepted significant mineralized widths, including two of the best intercepts drilled at the Wellgreen project to date.
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Platinum Group Metals is a platinum development stage company based in Canada. Platinum Group Metals holds various exploration projects in Philippines. Its main asset in development is WESTERN BUSHVELD JV in South Africa and its main exploration properties are AGNEW LAKE and LAC DES ILES in Canada, WAR SPRINGS and TWEESPALK in South Africa and ACT (ADLAY CAGDIANAO TANDAWA NICKEL) in Philippines. Platinum Group Metals is listed in Canada and in United States of America. Its market capitalisation is CA$ 208.9 millions as of today (US$ 167.0 millions, € 146.3 millions). Its stock quote reached its highest recent level on November 30, 2012 at CA$ 9.90, and its lowest recent point on June 15, 2018 at CA$ 0.12. Platinum Group Metals has 133 070 008 shares outstanding. |