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Nickel Creek Platinum Announces 2020 Field Program at Nickel Shaw
Nickel Creek Platinum Announces 2020 Field Program at Nickel Shaw Canada NewsWire ...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n\n\n\nNickel Creek Platinum Announces 2020 Field Program at Nickel Shaw\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 21, 2020\n\n\n\nTORONTO, July 21, 2020 /CNW/ - Nickel Creek Platinum Corp. (TSX: NCP) (\"Nickel Creek\" or the \"Company\") is pleased to announce the plans for the 2020 field program at its 100%-owned Nickel Shäw Project (the \"Project\") in the Yukon, Canada.\nFollowing successful completion of the recent C$3.625 million private placement, which included a Flow-Through Offering of C$1.425 million, the Company has secured the necessary funding required to perform an exploration drill and Electromagnetic (EM) geophysics program at its nickel – copper – PGM project. The program is expected to commence in August 2020.\nDiane Garrett, President and CEO commented, \"We truly appreciate our shareholders for continuing to support the Company to advance work on the targets identified through last year's geophysics program. The large nickel – copper – PGM resource at the Wellgreen Deposit contains the fundamental metals needed for the Electric Vehicle (EV) revolution in transportation and energy storage.\"\nThe Nickel Shäw Project is well advanced in terms of the Company's understanding of its geology, metallurgy and engineering requirements. The metallurgical work successfully produced a salable bulk concentrate, and salable separate nickel and copper concentrates. Not unlike other large nickel sulfide projects, the Project requires higher commodity prices to justify development in the current macro-economic environment. The main deposit which spans nearly two kilometres in strike has significant upside potential. During 2019, the team, together with independent nickel expert, Mr. Cam Bell (see news release dated August 2, 2019), carried out a comprehensive and systematic review of the entire property (20 km in strike) in search of additional targets with higher grade, massive sulfide mineralization potential. This work involved a ground-based EM geophysics program ov...