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Wellgreen Platinum To Provide Updated Resource Estimate and Preliminary Economic Assessment

Wellgreen Platinum To Provide Updated Resource Estimate and Preliminary Economic Assessmen...

articleNickel Creek Platinum Corp.May 10, 20174/company/nickel-creek-platinum-corp/news/wellgreen-platinum-to-provide-updated-resource-estimate-and-preliminary-economic-assessment
Wellgreen Platinum To Provide Updated Resource Estimate and Preliminary Economic Assessment

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[{"type":"text","content":"\n\n\n\nWellgreen Platinum To Provide Updated Resource Estimate and Preliminary Economic Assessment\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\nVANCOUVER, May 10, 2017\n\n\n\nVANCOUVER, May 10, 2017 /CNW/ - Wellgreen Platinum Ltd. (the \"Company\") is pleased to announce upcoming plans for the Wellgreen Project.\n\nThe Company announces that it expects to publish a new resource estimate by the end of the second quarter 2017. Independent Mining Consultants, Inc. of Tucson, AZ has been retained to complete the new resource estimate.\n\nThe Company also announces that it intends to produce a new Preliminary Economic Assessment (\"PEA\") following completion of the new resource estimate.  The Company has undertaken new technical initiatives, including additional detailed studies on mine planning, operating costs, capital costs, site facilities locations and other items.  The new PEA will incorporate the results of these studies, as well as the recently completed metallurgical test program (see press release dated March 1, 2017) and the new resource estimate, and is anticipated to form the basis for a future pre-feasibility study.\n\nCautionary Note Regarding Forward Looking Information: This news release includes certain information that may be deemed \"forward-looking information\". Forward-looking information can generally be identified by the use of forward-looking terminology such as \"may\", \"will\", \"expect\", \"intend\", \"estimate\", \"anticipate\", \"believe\", \"continue\", \"plans\" or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, including, without limitation, the size and scale of the Wellgreen deposit, future exploration and development of the Wellgreen project, the undertaking of future activities and work programs at the Wellgreen project, realization of the potential of the Wellgreen deposit, the active advancement of the Wellgreen project, the completion of an updated resource estimate, the completion of a new PEA, the undertaki...

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