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

14.0 MINERAL RESOURCE ESTIMATES
14.1 C URRENT R ESOURCE
14.1.1 DATABASE
Prophecy Platinum maintains all borehole data in spreadsheet. Header, survey,
assays, and lithology tables are saved on individual tabs in the spreadsheet. The
Microsoft Excel spreadsheet provided to Tetra Tech was created on February 17,
2011.
The database contains 702 boreholes, of which 183 were drilled from surface and
519 drilling from various underground workings. There are a total of 13,532 assay
records in the database. Table 14.1 summarizes the borehole database.
The resource estimation was conducted using Datamine Studio 3 (v. 3.19.3638.0)
software.
Table 14.1 Drill Data Set
No. of Holes
Surface Underground Total
West Zone 70 3 73
East Zone 80 516 596
Total 183 519 702
14.1.2 SPECIFIC GRAVITY
There is currently no SG data available on the project.
Tetra Tech used an SG of 3.22 for the resource estimate, which is the same number
used in the previous estimate. An SG of 3.22 is within the accepted range of a
peridotite which typically has an SG value between 3.2 and 3.4.
Tetra Tech recommends that Prophecy Platinum collect SG measurements from the
various rock types and grade distributions in order to build up the data set. At a
minimum, 2% of the data set should have SG measurements.
Prophecy Platinum Corp. 14-1 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada