The mining newspaper for Alaska and Canada's North

Junior identifies new mineralized area

Prophecy Platinum refocuses efforts to explore previously overlooked area north of main zone; changes name to Wellgreen Platinum

After two seasons of exploration, Prophecy Platinum Corp. envisioned building a conventional, diesel truck-shovel open pit mine at its 64.5-square-kilometer (25 square miles) Wellgreen Project in southwestern Yukon Territory.

The junior released a preliminary economic assessment in 2012 that happily outlined plans for a 32,000-metric-tons-per-day operation with a 37-year of mine life. With initial...

 

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