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

10.3.2 2011 DRILL PROGRAM
The drilling conducted by Prophecy Platinum in 2011 was designed initially to
delinate the potential resource of the Wellgreen deposit by targeting the area
between the East and West Zones to prove that the zones are not separate, but one
continuous zone. The focus of the program evolved to test the hanging wall
disseminated sulphides located in the ultramafic unit.
Drilling was completed by E. Caron Drilling of Whitehorse. A total of six drillholes
were completed during the 2011 drill program from June to October. All holes were
drilled HQ and all drilling was run in five foot intervals (1.52 m).
The collars were initially spotted with a hand held GPS or compass and chain, with
the final completed collars again surveyed with a hand held GPS, compass and
chain or a total station GPS. Down-hole surveys were completed using the ReflexIt ©
tool. Survey readings were collected approximately 9 m off the bottom of the hole
and at approximately 152 m intervals up the hole. Erroneous directional readings
located within the mineralized zones were discarded due to the magnetic influence of
the pyrrhotite. Inclination readings were not affected by the magnetic minerals.
Table 10.3 provides the collar information for the drill program completed by
Prophecy Platinum. Table 10.4 provides the highlights of the drill program completed
by Prophecy Platinum. Core lengths in the table do not represent true widths.
Figure 10.1 shows the position of the 2011 drillholes relative to the mineralized zones
on the Property. Boreholes completed in 2011 are not incorporated into the resource
estimation.
Table 10.3 Prophecy Platinum 2011 Drill Collars
Borehole
ID
Grid East
(m)
Grid North
(m)
Elevation
(masl)
Prophecy Platinum Corp. 10-4 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada
Dip
(°)
Azimuth
(°)
Depth
(m)
WS11-184 3600.00 14900.00 1,255.00 -45.00 0.00 507.49
WS11-185 3250.00 14900.00 1,380.00 -55.00 0.00 59.13
WS11-188 2600.00 15300.00 1,633.73 -70.00 0.00 491.03
WS11-190 2800.00 15250.00 1,554.48 -70.00 0.00 373.08
WS11-191 2400.00 15250.00 1,566.67 -70.00 0.00 89.92
WS11-192 2700.00 15300.00 1,604.80 -70.00 0.00 404.47