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Prophecy platinum wellgreen_factsheet

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Prophecy platinum wellgreen_factsheet

  1. 1. Oct 2009 Redhill Energy Inc 2060-777 Hornby Street Vancouver BC V 6Z 1T7 T: 604-642-2625 Ulaan Ovoo F: 604-642-2629 Ulaan Ovoo - The flagship of coal deposits in northern Mongolia OTC‐QX: PNIKF | TSX‐V: NKL | Frankfurt: P94P January 2012 Wellgreen PGM Nickel Project in Yukon Canada Resource Base Wellgreen Satellite View Resource  Inferred  Indicated PGM+Gold* 10.97 Million oz. 1.04 Million oz. Nickel (Ni) 2.42 Billion lbs. 0.22 Billion lbs. Copper (Cu) 2.23 Billion lbs. 0.20 Billion lbs. Wellgreen Project Ore Tonnes (t) PGM+Au (g/t) Ni (%) Cu (%) Indicated 14 Million 2.25 0.69 0.62 Inferred 289 Million 1.18 0.38 0.35 Orebody Nieq Tonnes PGM+ Ni % Cu % NiEq % 702 Drill Holes Cutoff % (Inferred)  Au(g/t) 0.2 492,415,000 0.85 0.30 0.24 0.56 0.4 289,246,000 1.18 0.38 0.35 0.74 0.7 93,819,000 1.92 0.62 0.64 1.23 1.0  50,575,000 2.20 0.83 0.80 1.56 High Grade Zone (~4g/t) (~6g/t) Historic Metals Recoveries Recovery** Ni (%) Cu (%) Pt (g/t) Pd (g/t) Head Feed 0.65 0.87 1.06 0.68 Open Recovery (Bulk) 85% 95% 80% 80% Open NiEq (%) 0‐0.2% Concentrate  6.99 12.10 8.72 7.12 Open 0.2‐0.4% Front View 0.4‐1.0% Grade (Bulk) 1.0‐14.3% *  Wellgreen resource based on the July 2011 NI 43‐101 Technical Report by Wardrop Engineering. NiEq% cutoff at 0.40% . 14.3 mt of Indicated at 0.99 g/t Pt, 0.74 g/t Pd, 0.52 g/t Au, 0.69% Ni, and 0.69% Cu. 289.2 mt of Inferred at 0.53 g/t Pt, 0.42 g/t Pd, 0.23 g/t Au, 0.38% Ni, and 0.35% Cu.  NiEq% cuffoff at 0.20% for page 2. ** Wellgreen’s preliminary metallurgical tests result was based on the April 1989 non43‐101 complaint Preliminary Feasibility Study by Watts, Griffis, and McOuat Limited Consulting . The metallurgical tests can be located on page 24, 25, 26, and 27. The Preliminary Feasibility Study is a historical estimate and a qualified person for the Company has not done sufficient work to classify the historical estimate as a current mineral resource. As a result the WGM historical estimate is not being treated as a current mineral resource and is not to be relied upon. T: +1.604.569.3690 | F: +1.604.569.3617 | info@prophecyplat.com  |   www.prophecyplat.com
  2. 2. Oct 2009 Redhill Energy Inc 2060-777 Hornby Street Vancouver BC V 6Z 1T7 T: 604-642-2625 Ulaan Ovoo F: 604-642-2629 Ulaan Ovoo - The flagship of coal deposits in northern Mongolia OTC‐QX: PNIKF | TSX‐V: NKL | Frankfurt: P94P January 2012Wellgreen PGM Nickel Project Yukon: Road and Port Open Open NiEq (%) Open 0‐0.2% 0.2‐0.4% 0.4‐1.0%View from footwall 1.0‐14.3% Anomaly Hole 184 Wellgreen Project Haines Seaport Mag Anomaly WEST ZONE EAST ZONE Rhodium & Other Exotics Sample  Length  Pt+Pd+Au Pt+Pd+Ru+Ir+ No. (m) (g/t) +Rd+Os+Au (g/t) C509697 1.55 4.23 8.239 C509698 1.55 4.45 8.304 C509701 2.15 2.391 5.262 C509704 2 2.327 5.784 C509811 11.6 2.68 5.396 C509814 2.2 4.062 8.281 C509087 1.9 2.569 7.444Wellgreen West C509098 1.55 5.883 9.035 Wellgreen C509114 1.7 8.266 11.52 Wellgreen East C509146 1.45 2.699 8.996 C509147 1.6 4.831 8.396 C509150 1.55 6.802 9.289 Corporate Structure 1997 Bulletin of the Geological Survey of Canada:  Issued and Outstanding:                55,203,247             “Rhodium is present in anomalous concentration  Fully Diluted:                                 63,396,497 compared to other Canadian Ni‐Cu ores. In fact the only  other Ni‐Cu cores with comparable values are  22.5m shares owned by Prophecy Coal (TSX:PCY) As of January, 2012 the near age equivalent Noril’sk ores in Russia.” T: +1.604.569.3690 | F: +1.604.569.3617 | info@prophecyplat.com  |   www.prophecyplat.com

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