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

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10.0 DRILLING<br />

10.1 H ISTORICAL D RILLING<br />

Considerable surface and underground drilling was <strong>com</strong>pleted in the 1950s by<br />

Hudson Yukon Mining, an operating subsidiary of HBM&S. Additional drilling was<br />

<strong>com</strong>pleted under the auspices of the Kluane JV (All-North, Chevron and Galactic<br />

Resources) in the 1980s. Drill logs, assay summaries and assay certificates for<br />

some of these historic drillholes are available and can be <strong>com</strong>piled into a database to<br />

support any future mineral resource estimates. This historic work has not been<br />

<strong>com</strong>pletely documented.<br />

10.2 N ORTHERN P LATINUM D RILLING<br />

The drilling conducted by Northern Platinum was designed to extend and expand the<br />

potential resource of the <strong>Wellgreen</strong> deposit by targeting up dip of the East Zone and<br />

east along strike. A total of ten drillholes were <strong>com</strong>pleted during the 2009 drill<br />

program. All holes were drilled HQ and all drilling was run in five foot intervals<br />

(1.52 m).<br />

10.3 P ROPHECY D RILLING<br />

10.3.1 2010 DRILL PROGRAM<br />

The drilling conducted by Prophecy Platinum was designed initially to extend and<br />

expand the potential resource of the <strong>Wellgreen</strong> deposit by targeting the East Zone<br />

along strike. The focus of the program evolved to test the hanging wall disseminated<br />

sulphides located in the ultramafic unit.<br />

Drilling was <strong>com</strong>pleted by E. Caron Drilling of Whitehorse. A total of seven drillholes<br />

were <strong>com</strong>pleted during the 2010 drill program from June to October. All holes were<br />

drilled HQ and all drilling was run in five foot intervals (1.52 m). Northern Platinum<br />

<strong>com</strong>pleted the first six holes prior to the closing of the acquisition of Northern<br />

Platinum by Prophecy Platinum.<br />

The collars were initially spotted with a hand held global positioning system (GPS) or<br />

<strong>com</strong>pass and chain, with the final <strong>com</strong>pleted collars again surveyed with a hand held<br />

GPS, <strong>com</strong>pass and chain or a total station GPS. Down-hole surveys were<br />

<strong>com</strong>pleted using the ReflexIt © tool. Survey readings were collected approximately<br />

Prophecy Platinum Corp. 10-1 1193460500-REP-R0001-02<br />

<strong>Wellgreen</strong> <strong>Project</strong> <strong>Preliminary</strong> <strong>Economic</strong> <strong>Assessment</strong>,<br />

Yukon, Canada

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