Overview: Lynn Lake Project
The Lynn Lake Property is located near the historic mining town of
Lynn Lake, in northern Manitoba, approximately 320 km northwest of the
Thompson mining camp. On January 18th 2011,
Prophecy Platinum Corp. (formerly Pacific Coast Nickel Corp.) entered
into an agreement with Prophecy Coal Corp. (formerly Prophecy Resource
Corp.), whereby Prophecy Coal transferred the right to acquire a 100%
interest of the Lynn Lake Nickel Project to Prophecy Platinum. The
property was operated by Sherritt Gordon Mines Ltd. from 1953 to 1976,
with production of 22.2 million tons at an average grade of 1.023%
nickel (Ni) and 0.535% copper (Cu). The production included material
from the EL Plug that is situated 3.8 km southeast of the A Plug shaft,
with a contribution of up to 1.0 million tons grading 3.25% Ni and 1.09%
Cu. The Property contains eleven zones; A, B, C, D (upper and lower),
E-J, F-K, G, M-N, 0, P, and Disco.
Read more >>
Overview: Lynn Lake Disco Discovery
The Disco deposit was discovered by previous operators on the project during the spring of 2008. Significant mineralization was intercepted in 15 drillholes; most notably, hole LLN-043 which intercepted 47.1 meters of 0.7% nickel, 0.5% copper 0.02% cobalt, and LLN-015 which intercepted 18 meters of 1.5% nickel, 0.7% copper and 0.04% cobalt.
Mineralization was intercepted down to 275 meters from the surface and drilling delineated a vertically-extensive mineralized body, truncated by faults to the west and at depth. The morphology, occurrence, and mineralization of the Disco deposit is characteristic of the morphology of the orebodies mined at Lynn Lake during its historic operations; a 24 year period during which more than 20 million tons of nickel was mined. Currently, 22.9 million Measured and Indicated tons of material grading 0.57% nickel and 0.3% copper (1,017,558 Measured and 21,884,121 Indicated) remains in situ on the Lynn Lake nickel property, hosted in the 'N' and 'O' orebodies. (see Prophecy news, February 3, 2010) The Disco deposit is separate from this resource. Read more >>
- Deposit is in mining-friendly Manitoba, Canada and adjacent to a power line, rail line, and airport
- National Instrument 43-101 compliant measured resource of 1mt at 0.76% Ni, 0.36% Cu and indicated resource of 21.9mt at 0.56% Ni, 0.30% Cu (Wardrop Technical Report Jan, 2010)
- Approximately 50% of the host rock remains unexplored
- An exciting 2008 Disco Zone discovery, which includes drillhole intercepts of 47 meters of 0.7% nickel, located 1.5km away from the outlined resource. (See July 7 ,2010 news release for full drill results)
- 2010 discovery of the 'Tango Zone', which includes drill hole intercepts of 17.3 meters of 0.6% nickel and 0.3% copper between historic mine level infrastructure. (See December 6, 2010 news release for full drill results)
- Over 95% Nickel recovery in preliminary results from Lynn Lake Bioleach Study by Mintek
Lynn Lake Nickel Resource:
|Tonnes (t)||Ni (%)||Cu (%)|
Based on resource estimated at 0.4% NiEq cut-off
|Nickel (Ni)||0.02 Billion lbs.||0.25 Billion lbs.||0.08 Billion lbs.|
|Copper (Cu)||0.01 Billion lbs.||0.13 Billion lbs.||0.05 Billion lbs.|
Based on resource estimated at 0.4% NiEq cut-off and 100% metals
Lynn Lake resource based on the April 2011 NI 43-101 Technical Report by
Wardrop Engineering authored by Todd McCracken, P. Geo. of Wardrop
Engineering Inc., a Tetra Tech Company, who is an independent Qualified
Person under NI 43-101.
Detailed Resource/Grade Table
- Commission an environmental baseline study and the preparation of an Environment Act License proposal to initiate the project licensing process
- Conduct comprehensive bench-scale bio-leach testing for actual production scenarios
- Perform downhole IP surveys and expand drilling in the Disco Zone and Tango Zone discoveries
- Aggressively seek major partners in developing the Lynn Lake Nickel project utilizing Bioleach technology
- Apr 2011, 43-101 Technical Resource Report (File size: 5.7mb)
Tables of Drill Logs:
- Lynn Lake 2010 - 6 Drill Logs (File size: 26.3kb)
- Lynn Lake 2006-2008 - 91 Drill Logs (File size: 32.2kb)
- Lynn Lake Historic- 3709 Drill Logs (File size: 1.21mb)
Maps, Models, and Diagrams:
Mine Plan and Drill Holes Diagrams:
IP Survey North Anomaly
IP Survey West Anomaly
IP Survey East Anomaly
IP Survey Centre East Anomaly
IP Survey Centre Anomaly
IP Survey N Deposit
Geological Model Video:
Lynn Lake Drillholes with Conceptual Modeling
Plan View Video Image
Section View Video Image, Looking North
Section View Video Image, Looking West
Mine Rail Road
- 13June June 13, 2011 - Pacific Coast Nickel Completes Acquisition of Nickel Assets
- 18Jan January 18, 2011 - Pacific Coast Nickel Corp. Purchases Wellgreen PGM and Lynn Lake Nickel Projects From Prophecy Resource Corp.
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Mineral resources that are not mineral reserves do not have demonstrated economic viability. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this website.
Qualified Person under NI 43-101
Danniel Oosterman, P.Geo., a consultant of the Company is the qualified persons responsible for the technical information on this website.
Cautionary Note Regarding Mineral Resources and Mineral Reserves
Readers should refer to the Company's current technical reports and other continuous disclosure documents filed by the Company available on Sedar at www.sedar.com for further information on the mineral resource estimates of the Company's projects, which are subject to the qualifications and notes set forth therein, as well as for additional information relating to the Company more generally. Mineral resources which are not mineral reserves, do not have demonstrated economic viability. Inferred mineral resources have insufficient confidence to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability suitable for public disclosure. Neither the Company nor readers can assume that all or any part of an inferred mineral resource will be upgraded to indicated or measured mineral resource. Most projects at the inferred mineral resource stage do not ever achieve successful commercial production. Each stage of a project is contingent on the positive results of the previous stage and that there is a significant risk that the results may not support or justify moving to the next stage.
Quality Control and Quality Assurance
Prophecy Platinum executes a quality control program to ensure best practice in sampling and analysis. Samples are cut and split for assay with the remaining sample retained for reference. Blanks, Standard Reference Material (SRM), and duplicates were inserted into the sample stream every 20th sample. A duplicate sample is taken every 20th sample of core. The selected sample is sawn in half and then sawn in half again. The quartered core is then placed into two different sample bags with different sample numbers and sealed. The SRM material comes from Natural Resources Canada and Analytical Solutions Limited. These were inserted into the sample stream immediately after the second duplicate. The SRMs used are WMS-1a, WPR-1 and WGB-1. Sample Blanks are obtained from two sources; granodiorite from a local quarry and garden marble from hardware stores in Whitehorse, Yukon. A Blank sample is inserted into the sample stream after the SRM. Assayed samples are transported in sealed and secured bags for preparation at ALS Chemex Prep Lab located in Whitehorse, Yukon. Pulverized (pulp) samples are shipped for analysis to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO/IEC 17025:2005 accredited laboratory and registered under ISO 9001:2000.
Quality assurance and quality control are monitored using scatterplots, Thompson-Howarth plots and statistical analysis to ensure duplicates, blanks and standard data are reliable and indicate robustness of overall results. ALS Chemex quality-assurance procedures are also included in this process."