If you have trouble seeing this e-mail, please here
Add
to your address book or safe list to ensure delivery of email blasts (
click for instructions)
Prophecy Announces Highly Encouraging Rhodium, Ruthenium, Osmium & Iridium Assays from WS11-188 of Wellgreen Project
Click Here for a Free Real-time Stock Quote on TSX-V: NKL
VANCOUVER, BRITISH COLUMBIA--(May 25, 2012) - Prophecy Platinum Corp. ("Prophecy" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) is pleased to provide results of full spectrum 6E (Pt, Pd, Rh, Ru, Os &, Ir) analysis of PGEs on the first batch of samples from the Companys 100% owned Wellgreen PGM-Ni-Cu project, located in the Yukon Territory, Canada.
The Company enlisted Activation Laboratories (Actlabs), based out of Ancaster, Ontario to conduct a full spectrum 6E analysis of samples taken from the 2011 drill hole WS11-188. Adding Rh, Ru, Os and Ir to Pt and Pd increased the total PGE content (6E) by an average of 28%, based on a population of 90 samples, most of which are from disseminated sulphide-type mineralization.
Assay results with 6E exceeding 0.50 ppm (0.5 g/t) (excluding copper and gold assays) are tabulated below. Assay results from the entire batch of 90 samples can be downloaded at
Analyte
Symbol
Sample
Os
ppb
Ir
ppb
Ru
ppb
Rh
ppb
Pt
ppb
Pd
ppb
Ni
%
Pt+Pd
g/t
6E
g/t
6E
%
Increase
K918097
14
14.4
77
21.2
184
309
0.342
0.493
0.62
25.80%
K918110
38
17.3
53
14.6
113
241
0.432
0.503
0.592
17.70%
K918129
< 2
0.1
6
0.3
7
14
< 0.005
0.416
0.541
30.00%
K918131
21
16.1
39
17.2
124
165
0.33
0.448
0.568
26.80%
K918132
23
22
56
23.8
181
235
0.34
0.411
0.525
27.70%
K918140
12
12.8
40
17.5
136
207
0.392
0.56
0.68
21.40%
K918141
8
12
38
16
148
229
0.359
0.522
0.648
24.10%
K918142
12
12.8
40
17.2
160
241
0.363
0.43
0.553
28.60%
K918143
23
19
54
23.5
229
331
0.41
0.626
0.75
19.80%
K918145
25
20.5
55
22.9
187
243
0.334
0.512
0.657
28.30%
K918146
23
21.1
55
24.6
269
357
0.379
0.567
0.733
29.30%
K918147
< 2
< 0.1
< 5
< 0.2
< 5
< 2
< 0.005
0.548
0.695
26.80%
K918148
27
26.6
65
26.7
216
296
0.38
0.425
0.522
22.80%
K918150
29
25.8
65
27
237
311
0.404
0.513
0.621
21.10%
K918152
16
12.8
36
17
148
223
0.31
0.442
0.538
21.70%
K918154
13
14.1
45
19.1
156
247
0.389
0.539
0.666
23.60%
K918155
18
15.8
42
20
171
271
0.362
0.593
0.705
18.90%
K918157
14
15.9
42
20.7
155
246
0.326
0.446
0.607
36.10%
K918158
27
20.1
51
28.8
209
330
0.394
0.607
0.713
17.50%
K918164
12
10.1
35
14.1
89
154
0.331
0.414
0.52
25.60%
K918166
13
10.8
34
15.8
85
148
0.305
0.438
0.541
23.50%
K918168
22
13.3
38
17.6
104
178
0.332
0.546
0.739
35.30%
K918169
31
15.1
39
17.7
181
257
0.307
0.45
0.589
30.90%
K918171
50
30.3
78
35
212
334
0.476
0.559
0.718
28.40%
K918172
32
21.7
58
27.7
177
273
0.432
0.534
0.666
24.70%
K918184
< 2
8.3
23
13.1
115
173
0.318
0.623
0.745
19.60%
K918186
14
8.2
23
10.4
117
170
0.288
0.559
0.665
19.00%