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Nickel Creek Platinum Announces Geophysics Program at Nickel Shäw and Flow-Through Financing
Nickel Creek Platinum Announces Geophysics Program at Nickel Shäw and Flow-Through Fi...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n\n\n\nNickel Creek Platinum Announces Geophysics Program at Nickel Shäw and Flow-Through Financing\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, Aug. 2, 2019\n\n\n\nTORONTO, Aug. 2, 2019 /CNW/ - Nickel Creek Platinum Corp. (TSX:NCP) (\"Nickel Creek\" or the \"Company\") is pleased to announce that it will conduct a 2019 geophysics and sampling program at its 100%-owned Nickel Shäw Project located in the Yukon, Canada.  The program is designed primarily to test the Quill exploration target area, which is along trend approximately 1.7 km to the southeast of the main Wellgreen deposit. The main Wellgreen Deposit has a strike length of 2.8 km, situated within a broader land position spanning 18 km.  Schematics depicting the main deposit and exploration targets, including Quill, can be found in the Company's corporate presentation on the Company's website at www.nickelcreekplatinum.com.\nFollowing Mr. Cam Bell's review of the Nickel Shäw Project (see news release dated June 5, 2019) and subsequent discussions with Mr. Bell regarding his recommendations, the Company has concluded that this program will be beneficial to the overall understanding and knowledge of the mineral potential that may exist outside of the main deposit area and within the Company's land position.  The Quill area is essentially an untested target and with the permits now having been received, the Company plans to initiate a large loop, transient electromagnetic survey in August 2019.  The program is being conducted by SJ Geophysics and will test for massive or semi-massive sulfide mineralization in an underexplored area of the property.  Additionally, surface samples will be collected in order to better understand spatial variability of nickel content in olivine or serpentine.  It is anticipated that this study will determine areas where nickel in olivine has interacted with sulfides and thus, prospective ground for future exploration and the total cost of the program is estimated at $0.2 million. \nNickel Creek is also adva...