Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

This PEA has been prepared by Tetra Tech for Prophecy Platinum based on work by
the following independant consultants:
• Mr. Doug Ramsey, R.P. Bio (BC), for matters relating to environmental
studies, permitting and social or community impact in Sections 1.0, 20.0 and
25.0 to 27.0.
• ALS Minerals for matters relating to history, sample preparation, analyses,
and security and data verification in Sections 6.0, 11.0 and 12.0.
• Lakefield Research Ltd. (Lakefield) laboratories for matters relating to
mineral processing and metallurgical testing in Sections 1.0, 13.0, 17.0, 25.0
and 26.0.
• SGS Vancouver (SGS) laboratories for matters relating to mineral
processing and metallurgical testing in Sections 1.0, 13.0, 17.0, 25.0 and
26.0.
• Watts, Griffis and McQuat Limited (WGM) for matters relating to history,
mineral processing and metallurgical testing in Sections 6.0 and 13.0.
• G&T Metallurgical Services Ltd. (G&T) for matters relating to mineral
processing and metallurgical testing in Sections 1.0, 13.0, 17.0, 25.0 and
26.0.
• LME three-year trailing metal prices, effective date of July 6, 2012, for
matters relating to resource model parameters, metal pricing and economic
analysis, in Sections 1.0 and 22.0.
• Ms. Michelle Pockley of Fasken Martineau DuMoulin LLP for matters relating
to the Old Mill Site in Sections 4.0 and 20.0.
1.2 P ROPERTY D ESCRIPTION
The Property is located approximately 317 km northwest of Whitehorse in
southwestern Yukon, at approximate latitude 61°28’N, longitude 139°32’W on
National Topography System (NTS) map sheet 115G/05 and 115G/06.
The Property can be reached from the Alaska Highway by a gravel road. An allweather
airstrip located 30 km southeast of the Property at Burwash Landing is
maintained by NAV CANADA. An all-season, deep sea port is located in Haines,
Alaska, 410 km to the southeast and is accessible by a high-quality paved highway.
The climate is alpine but tempered by west coast climate influences. Despite lengthy
winter seasons, the temperatures are less extreme than areas further east. The daily
average temperature at the Burwash Landing station is -22°C in January and 12.8°C
in July. Average annual precipitation for the Burwash Landing station is 279.7 mm,
of which 192 mm is rain and 106.4 cm is snow.
Prophecy Platinum Corp. 1-3 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada