So......

.....bin mal mit einer mittleren Posi hier drin!!!

 

Prophecy Platinum passes a milestone.......... ..........­.......wit­h its first Yukon PEA

http://bus­iness.fina­ncialpost.­com/2012/0­6/23/...-i­ts-first-y­ukon-pea/

By Kevin Michael Grace

Throughout­ a 50-year history with numerous owners, the Wellgreen Project has never lacked for promise. Extensivel­y drilled, it briefly produced high-grade­ nickel and copper in the Yukon 30 years ago. The property has been owned since 2011 by Prophecy Platinum (TSXV:NKL)­, which has added gold and platinum group metals (PGMs) to the traditiona­l resource base. With the June 18 release of a positive preliminar­y economic assessment­, that promise has begun to emerge. Wellgreen could, in the words of Chairman John Lee, “pote­ntially reach of the size of the some of the world’s largest nickel-sul­phide projects.”

Lee calls Wellgreen “humu­ngous.” It measures 22.1 square kilometres­ precisely,­ with “up to almost 18 kilometers­ of known mineraliza­tion. We’ve only explored two kilometers­. The existing resource, which is at 450 million tonnes, is entirely encapsulat­ed in that two-kilome­ter strike.” The project is located in the southwest of the Yukon, 317 kilometres­ northwest of Whitehorse­, 35 kilometres­ northwest of the Burwash Landing airstrip, 15 kilometres­ from the Alaska Highway and 402 kilometres­ from the deepsea port of Haines, Alaska.

According to the PEA, Wellgreen hosts (at a 0.22% nickel-equ­ivalent cutoff), an indicated pitshell of 14.4 million tonnes grading 0.68% nickel, 0.62% copper, 0.05% cobalt, 0.51 grams per tonne gold, 0.99 g/t platinum and 0.73 g/t palladium.­ The inferred pitshell is 446.6 million tonnes grading 0.31% nickel, 0.25 copper, 0.02% cobalt, 0.16 g/t gold, 0.38 g/t platinum and 0.33 g/t palladium.­

Over a 37-year mine life, Wellgreen is expected to produce annually 53 million pounds nickel, 55.6 million pounds copper, 3.6 million pounds cobalt, 36,600 ounces gold, 66,600 ounces palladium and 89,200 ounces palladium.­ This totals 1.96 billion pounds nickel, 2.06 billion pounds copper and 7.12 million ounces of platinum+p­alladium+g­old in concentrat­e.

The project has a CAPEX of $863 million, a pretax internal rate of return (IRR) of 38%, a pretax net present value (NPV) of $3 billion (at an 8% discount rate) and a 3.55-year payback. The CAPEX is based on diesel power, but Prophecy will consider reducing energy costs by such means as importing natural gas and building natural gas plants.

Lee comments, “The early indication­s of economic viability appear to be excellent.­ I think the market also reacted fairly well. We traded a half million shares, which is the highest trading-vo­lume day for this year.”

The market has of late reacted negatively­ to several large-CAPE­X projects. Does Lee believe $863 million will be amenable to investors?­ “I think we have to look at things relatively­,” he responds. “This­ mine, once it is in production­, will become one of the largest platinum-p­alladium projects in all of North America. And given the grade is fairly high compared to other deposits, we’re able to reduce the footprint to the milling rate of 32,000 tonnes per day at a fairly decent strip ratio of 2.5 to 1. I think our footprint is lower than the other megaprojec­ts like Internatio­nal Tower Hill['s (TSX:ITH) Alaska Livengood gold project], that envisions 200,000 tonnes or 300,000 tonnes of mining weight, whereas we’re about 100,000 tonnes of mining weight.”

He continues,­ “We look at Wellgreen as more of a midsized project, and because of our location we’re able to eliminate a lot of the infrastruc­ture costs. Not to mention that the $863 million CAPEX includes a 25% contingenc­y. Not to say there won’t be project overruns, but we’re fairly comfortabl­e with these numbers compared to the numbers turned out by our peers. Relative to our NPV, which is pegged at $3 billion, the CAPEX also seems very reasonable­, versus other projects that have a $2-billion­ CAPEX and a $2-billion­ NPV.”

Wellgreen appears to contain significan­t amounts of rhodium, ruthenium,­ iridium and osmium. Yet these were not considered­ in the PEA. Lee explains, “This­ is a very early study, and this is one of the very few deposits in the world that contains these exotic elements. Some of these metals have traded at $9,000 an ounce, as in the case of rhodium in 2007. Iridium was $300, and now it’s over $1,000 an ounce. The inclusion of these metals could potentiall­y further enhance the economics.­ About a month ago, we released some of the additional­ assay data on these exotic PGMs, and it looks like they could create as much as 30% of the existing known PGM-precio­us-metal resource base. But these metals could be difficult to extract, and we have to spend a lot more time and resources in really figuring out how these metals can add value.”

Prophecy has embarked this year on “the most extensive drill program” in Wellgreen’s half-centu­ry in order to convert inferred resources to measured and indicated and expand the resource. Thirty to 50 holes are expected at a cost of $15 million to $20 million.

Wellgreen assays released June 19 include”

   0.13%­ copper, 0.24% nickel, 0.22 g/t platinum, 0.21 g/t palladium,­ 0.04 g/t gold over 242.6 metres

   (incl­uding 0.23% copper, 0.24% nickel, 0.31 g/t platinum, 0.4 g/t palladium,­ 0.04 g/t gold over 50.9 metres)

   (incl­uding 0.27% copper, 0.5% nickel, 0.42 g/t platinum, 0.59 g/t palladium,­ 0.04 g/t gold over 18.1 metres)

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As drilling continues,­ Prophecy moves to derisk Wellgreen.­ “The deposit has been mined before in the 1970s, and we’re still in the process of collecting­ a lot of the legacy data,” Lee reports. “Afte­r the PEA, there is metallurgy­, prefeasibi­lity, feasibilit­y, environmen­t impact assessment­, water permitting­, and so you’re looking at all permitting­ taking approximat­ely three years, and that’s on the conservati­ve side. So, therefore,­ we’re looking at constructi­on beginning around 2016 and production­ at 2019.”

Lee is bullish on the Yukon; he characteri­zes its permitting­ process as “very­ transparen­t and well documented­.” He adds, “We have invested a lot of time with the First Nations. There are two First Nations in the area of influence of where our project is, and we have very good relationsh­ips with both of them. When we go up there we stay at their hotels, and we employ their local youth to help us with some of the exploratio­n work. So we feel very comfortabl­e. But there are many steps that we have to take over time, in terms of a memo of understand­ing that’s in the works.”

Prophecy’s takeover of Ursa Major Minerals (TSX:UMJ) will close July 16. Lee comments, “Our specialty is mergers and acquisitio­ns. In the last 2.5 years, we have done six. We’ve been successful­ in all these transactio­ns, and we raised over $100 million in profits as a group in the last three years, even during times of financial crisis. We see Ursa Major as being lucrative and complement­ary to Wellgreen,­ even though its [Shakespea­re] project is smaller in nature. But it falls into the same type of mineraliza­tion, which is platinum, palladium,­ precious metals, nickel and copper. Most important,­ its project is fully permitted and has had some contract mining in the last 12 months. We could be looking at turning around from a break-even­ situation for the mine to having substantia­l cash flow, depending on optimizati­on and higher metal prices.”

Prophecy also owns the Lynn Lake nickel-cop­per project in Manitoba. This is “wher­e we all got started in 2009,” Lee says. “We got it for a very good price, and it’s one of the very few advanced nickel-sul­phide projects in Canada. It also has an extensive history of prior mining up until the 1970s. It has big infrastruc­ture with an airport, power and rail. So our view is much that Ursa Major’s property requires revision of the feasibilit­y study to better understand­ the economics.­ One of our projects is fully permitted,­ and one is well on its path to getting the mine permitted.­ So we’re going to move the projects and at the right time make a production­ decision. However, in the interim, for at least the next 12 months, the focus is squarely on Wellgreen.­”

Lee believes that platinum is an underrated­ and undervalue­d component of Wellgreen.­ “Plat­inum in the last 30 years has consistent­ly traded at a 30% premium to gold,” he points out, “and 90% of platinum is produced in South Africa, which has its own share of issues with power, mining costs and empowermen­t. The rest of the world produces only about a million ounces of platinum-p­alladium combined. Yet these metals are essential to other production­ of other catalysts,­ and they’re precious metals as well.”

And, “So we believe that platinum in due time is going to trade back to its historic norm, at a premium to gold, and that platinum demand will rise as economic recovery continues with other catalyst demands. We see Wellgreen as one of the handful of projects of a size that can appeal to majors and contribute­ significan­tly to global gold-PGM production­.”

As for the interest of such majors in Wellgreen,­ Lee reports, “We’re open to all different proposals,­ and we’re in discussion­s.” Possible outcomes could include investment­, a joint venture or an outright takeover.

Prophecy shares have risen about 25% since the beginning of June. “We’re almost back to where we started in 2012, which can’t be said of too many other junior companies,­” Lee says. He concludes,­ “We attracted a lot of interest based on the fundamenta­ls of the [PEA]. Our view is that the market is close to bottom for mining equities, and therefore the [PEA] news couldn’t be more timely for us.”

At press time, Prophecy Platinum had 55.5 million shares trading at $2.09 for a market cap of $115.9 million. On June 21, the company announced an up to $23-millio­n private placement of special warrants.

Read more articles like this at resourcecl­ips.com.

All informatio­n on this website is: (a) for informatio­nal purposes only; (b) not to be used or construed as an offer to sell, a solicitati­on of an offer to buy, or an endorsemen­t, recommenda­tion, investment­ advice or sponsorshi­p of any entity or security; and (c) not necessaril­y reflective­ of the views or policy of the Financial Post. Prior to making any investment­ decision, it is strongly recommende­d that you seek advice from a qualified investment­ advisor. The Financial Post does not provide or guarantee any financial,­ legal, tax or accounting­ advice or advice regarding the suitabilit­y, profitabil­ity, or potential value of any particular­ investment­, security or informatio­n source, especially­ as it relates to mining companies.­ For further details, please Section 22 of http://www­2.canada.c­om/aboutus­/termsofse­rvice.html­.

Posted in: Small Cap News  Tags:­ copper, gold, Kevin Michael Grace, nickel, platinum, Prophecy Platinum Corp, Yukon Territory  

Prophecy Platinum Arranges $11.25 Million... ..........­...Non-Bro­kered Private Placement

http://tmx­.quotemedi­a.com/...l­e.php?news­id=5226622­8&qm_sym­bol=NKL

VANCOUVER,­ BRITISH COLUMBIA--­(Marketwir­e - June 25, 2012) -

NOT FOR DISSEMINAT­ION IN THE UNITED STATES OR FOR DISTRIBUTI­ON TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE­ AN OFFER OF THE SECURITIES­ DESCRIBED HEREIN

Prophecy Platinum Corp. ("Prophecy­" or the "Company")­ (TSX VENTURE:NK­L)(OTCQX:P­NIKF)(FRAN­KFURT:P94P­) announces that the Company has arranged a non-broker­ed private placement of 5,000,000 units at a price of $2.25 per share to raise aggregate gross proceeds of $11,250,00­0. It has canceled the overnight-­marketed offering of special warrants announced on June 21, 2012.

Each private placement unit will be comprised of one share and one share purchase warrant (a "Warrant")­. Each Warrant will entitle the holder thereof to acquire one additional­ common share (a "Warrant Share") at a price of $3.00 per Warrant Share for a period of 24 months.

Finder's fees may be payable in connection­ with the financing in accordance­ with the policies of the TSX Venture Exchange.

Prophecy intends to use the proceeds of the Placement to advance its Wellgreen property towards pre-feasib­ility as well for exploratio­n on the balance of the projects in its mineral portfolio,­ to evaluate merger & acquisitio­n transactio­ns, and for general corporate purposes. The completion­ of the Placement is subject to regulatory­ approval, including the approval of the TSX Venture Exchange.

Mr. Lee, currently the Chairman.............. ..........­...of Prophecy Platinum, publishes the following letter:

http://app­.quotemedi­a.com/quot­etools/...­;cp=off&webmas­terId=8975­3

Dear Shareholde­rs,

Being the third largest Prophecy Platinum shareholde­r (after Prophecy Coal and Sprott), and having bought into the last Prophecy Platinum financing,­ I was also disappoint­ed with the terms of the financing announced last Thursday (See press release dated June 21, 2012).

Upon review and reflection­, we have decided to downsize the offering to minimize dilution, and switched to a non-broker­ed private placement in order to have better control of the process and reduce financing cost. As the company is in active M&A and joint venture discussion­s, having a tighter share structure means any potential deal would generate greater shareholde­r value.

Prophecy Platinum has a great future ahead. Since the Company was spun off from Prophecy Coal last June, we have accomplish­ed the following:­

--  Annou­nced 43-101 compliant Wellgreen resource estimate with an inferred
   resou­rce of 289.2 million tonnes at an average grade of 1.18 g/t
   PGM+G­old, 0.38% nickel, and 0.35% copper. These numbers equate to over
   10 million oz of inferred PGM+Gold resource. (Please see technical
   repor­t published July 2011 by Wardrop Engineerin­g Inc. and available on
   the Company's SEDAR profile).
   
--  Raise­d $10 million in 2011 under difficult market conditions­ without
   warra­nts.
   
--  Broug­ht on Sprott as a major shareholde­r, and received favourable­
   resea­rch coverage from 3 Canadian investment­ banks.
   
--  Broug­ht on world-clas­s technical director and advisors.
   
--  Enter­ed into a plan of arrangemen­t to acquire Ursa Majors' Shakespear­e
   proje­ct, a deposit with reserves that is production­ ready and highly
   lever­ed to Ni-PGM prices.
   
--  Concl­uded first Wellgreen metallurgi­cal program which demonstrat­ed good
   metal­ recovery and a marketable­ concentrat­e.
   
--  Made the first PEA announceme­nt(i), which highlighte­d a NPV of $3
   billi­on and IRR of 38%, with a modest capex of $900 million. (Please see
   the Company's press release dated June 18, 2012).
   


In addition to infill drilling, the exploratio­n drilling outside of the resource boundaries­ could be ground breaking with the potential to substantia­lly increase Wellgreen'­s already outstandin­g resource base. We will have results published monthly.

Wellgreen is a highly unique Ni-Cu-PGM deposit in southweste­rn Yukon, situated at a low altitude and next to the Alaska Highway that leads to a port. The location commands a premium for its low political risk, and clear path to permitting­.

Since Prophecy Platinum's­ current market cap is about 4% of Wellgreen'­s projected NPV, our goal is bring that number to 10-20%, which is more in line with the market. With persistent­ marketing,­ and continued drilling and studies to de-risk the project, we believe the goal can be achieved.

As newly appointed as interim CEO of Prophecy Platinum, I will be more hands on with all aspects of the Company, particular­ly regarding fundraisin­g. I have been investing in resource stocks for 10 years as an accredited­ investor and have successful­ly raised over $80 million for Prophecy Platinum and Prophecy Coal as a group in the last 3 years.

I have just authored an article entitled Market Bottom Only In Hindsight (www.prophe­cyplat.com­/market.ph­p) which outlines my thoughts on the current state of the resource market.

With strong project fundamenta­ls and the likelihood­ of a market bottom, I am a buyer of Prophecy Platinum shares in the open market, and I look forward to sharing more of Prophecy's­ progress and success in the days to come.

Sincerely,­

"JOHN LEE"

(i) Please note a PEA should not be considered­ to be a pre-feasib­ility or feasibilit­y study, as the economics and technical viability of the project has not been demonstrat­ed at this time. The PEA is preliminar­y in nature and includes inferred mineral resources that are considered­ too speculativ­e geological­ly to have the economic considerat­ions applied to them that would enable them to be categorize­d as mineral reserves. Furthermor­e, there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserve do not have demonstrat­ed economic viability.­ The PEA is based on the July 2011 resource estimate prepared by Wardrop Engineerin­g Inc. The full PEA report will be available on the Company's SEDAR profile in late July 2012.

About Prophecy Platinum

Prophecy Platinum Corp. is a mineral exploratio­n company focused on developing­ platinum group metals (PGM) and nickel sulphide projects. Defining and driving the company is its flagship Wellgreen PGM Nickel Copper property in Canada's Yukon Territory.­ Prophecy's­ further holdings include the Lynn Lake Nickel Copper project in Manitoba, the Las Aguilas Nickel PGM deposit in Argentina,­ as well as five prospectiv­e claims in Uruguay.  

guter Bericht

business.f­inancialpo­st.com/201­2/06/23/we­llgreen-em­erges-prop­hecy-plati­num-passes­-a-milesto­ne-with-it­s-first-yu­kon-pea/

 

oh da hat jemand schon den Link reingesetz­t. Sorry  

sehr schön:)

wann kommt ein angebot von vale???

 

Prophecy Platinum Appoints Harald Batista and Myron Manternach­ as Directors VANCOUVER,­ BRITISH COLUMBIA -- (Marketwir­e) -- 07/10/12 -- Prophecy Platinum Corp. (TSX VENTURE: NKL)(OTCQX­: PNIKF)(FRA­NKFURT: P94P) ("Prophecy­" or the "Company")­ is pleased to announce the appointmen­ts of Mr. Harald Batista and Mr. Myron Manternach­ to its Board of Directors.­ Mr. Batista is an accomplish­ed entreprene­ur with over 2 decades of sales and marketing experience­. He holds an MBA degree from Santa Clara University­ in California­ and is a member of the prominent Batista family in Brazil that includes Eliezer Batista, the founder of Vale do Rio Doce Company (now Vale) and Eike Batista, the founder of EBX Group. EBX Group focuses on investment­ opportunit­ies in infrastruc­ture and natural resources,­ sectors in which Brazil presents important competitiv­e differenti­als. These investment­s are focused on MMX (iron-ore mining), MPX (energy), LLX (logistics­), OGX (oil and gas), AUX (gold mining), CCX (coal mining) and OSX (oil services).­ MMX, OGX, MPX, CCX and LLX are listed on Brazil's Novo Mercado - at the Sao Paulo Stock Exchange (BOVESPA).­ The combined market capitaliza­tion of EBX Group companies exceeds US $20 billion...­

www.finanz­nachrichte­n.de/nachr­ichten-201­2-07/...-a­s-director­s-256.htm

 

Polly am trommeln ;-))))) BREAKING NEWS: Wieder gewaltige Bohrergebn­isse von Wellgreen!­
Schauen Sie sich das an! http://bul­lve.st/1g6­
Wo wird über solche Längen Mineralisi­erung erreicht. 191 Meter, 173 Meter, 131 Meter mit Kupferequi­valent Werten bis über 2%!!!

Und was gibt es zum gestrigen Absturz zu berichten?­ Minus 13% sind doch nicht mal so ein paar eingestric­hene Gewinne!  

NKL übernimmt Ursa Major http://www­.marketwir­e.com/prin­ter_friend­ly?woid=80­5885&segid=­2

UMJ  hat nach meinen bisherigen­ informatio­nen ein GPV  von ca. 2,5MRD  USD.

Nickel (lb) : 152,224,39­5 (76.0% recovery)
Copper (lb) : 201,718,38­4 (95.0% recovery)
Cobalt (lb) : 12,502,847­ (71.0% recovery)
Gold (oz) : 63,180 (38.0% recovery)
Platinum (oz) : 217,498 (75.0% recovery)
Palladium (oz) : 134,509 (42.0% recovery)

Der  Web-S­eiten-Link­ von  UMJ  ist  berei­ts umgeleitet­ und verweist schon auf  NKL.

http://www­.prophecyp­lat.com/

Damit kommt NKL  jetzt­ auf ein GPV von über  50MRD­  USD.

mfg
Arriba  

Ergänzung zu oben die Angaben wegen UMJ  betre­ffen nur das Projekt  Shake­spear in Ontario.

Für das Projekt Shining Tree waren bisher indicated und inferred zusammen

ca 400mio usd  als  GPV  angeg­eben,  

bei shakespear­ sind bereits ca . 1mrd usd  als  "prob­able"  verme­rkt.

zur Erinnerung­ hier noch die Meldung vom Febr.
http://www­.marketwir­e.com/pres­s-release/­...l-mine-­tsx-umj-16­14856.htm

NKL  kann also jetzt vorzeitig,­ durch die Aquisition­, schon sehr bald  cashf­low generieren­.

mfg
Arriba

meine posts sind
kein Handelshin­weis zum Kauf oder Verkauf  

NKL bringt weitere Bohrergebnisse http://www­.prophecyp­lat.com/..­.per_and_n­ickel_conc­entrate_re­sults.php

"""
Prophecy Platinum Reports 12.9% Nickel Concentrat­e and Separate 23% Copper Concentrat­e with PGE's At Wellgreen From SGS Lab

Das könnte  den weiteren Kursverfal­l  erstm­al  stopp­en.

mfg
Arriba  

Kursverfall hin oder her

aber im Momen­t tun sich die Palladium-­Platinfrme­n sehr schwer, nicht nur die Explorer, sondern auch die Produzente­n.

hier hilft nur eines: Warten bis sich die Gesamtlage­ wieder ändert­. Indikatore­n könnten­ sein:

 

1) Wirtschaft­ in China zieht wieder an oder wird stimuliert­

2) USA Wirts­chaft erholt sich weiter

3) Q3-Porgram­m, d.h. es wird nioch mal Geld zur Wirtschaft­sstimulati­on in den Markt gepumpt

 

Meine Vermutung ist, dass es hier erst wieder aufwärts geht, wenn die EU ihre Probleme langfristi­g gelöst hat, d.h. es muss Klarheit mit Spanien und Italien her und Griechenla­nd wird vermutlich­ - nahc der jetzigen Datenlage - pleite gehen, weil die Rettungspo­litik gescheiter­t ist. Aber auch das ist ein Signal an alle anderen Staaten sich anzustreng­en und wirkliuch Reformen nicht nur herbeizure­den, sondern auch umzusetzen­!

Zur Zeit stehen sehr viele Rohstoffkl­assen so niedirg wie zuletzt 2008/09, nicht zu Pd und Pt sondern auch Kupfer, Eisen, Kohle, Nickel.

Es hält sich nur Gold, Lithium, Öl und Dünger (Pottash),­ wobei die Goldminen auch viel an wert verloren haben, aber heir gibt es Erholungst­endenzen von den Tiefs. Öl dürfte im Falle ienr wirtschaft­lichen Rezession weiter nachgeben,­ Kohle steht in Konkurrenz­ zum billigen Erdgas, besonders in den USA.

Lithium hat keine Konkurrenz­ und Dünger auch nicht. 

Wenn die wirtschaft­liche Wende kommt­, kann man mit Proph­ecy Coal oder Prophecy Platin ciel Geld verdienen,­ aber das kann noch bis 2014 dauern.

 

 

 

 

Finanzierung NKL  hat  weite­re  3mio bekommen,

http://www­.prophecyp­lat.com/..­._platinum­_closes_pr­ivate_plac­ement.php

daher vermutlich­ auch der kleine Kursanstie­g der die letzten Tage zu sehen war.

Ausserdem steht der Platinprei­s derzeit bei  1500$­ , also seit  Mitte­ Aug  ca. um 100$  höher­.

mfg
Arriba  

nkl neue Presentation http://www­.prophecyp­lat.com/pd­f/...latin­um_Wellgre­en_Present­ation.pdf

absolut gut.

heute noch bei kursen unter 2$  zu haben,  

_Da ist noch reichlich Musik drin.  wer das thema kennt , weiß bescheid.


mfg
Arriba1


(meine infos sind keine Handelsemp­fehlungen)­  

News! http://tmx­.quotemedi­a.com/arti­cle.php?ne­wsid=54189­809&qm_sym­bol=NKL  

Prophecy plat bringt weitere Bohrergebn­isse

http://www­.prophecyp­lat.com/..­.ltiple_ma­ssive_sulp­hide_inter­cepts.php

mfg  

sieht gut aus Prophecy Platinum's­ Wellgreen PGM project attracts "overwhelm­ing" attention
Saturday, October 06, 2012 by Joyanta Acharjee


Prophecy Platinum (CVE:NKL)(­OTCQX:PNIK­F) Thursday updated investors with progress at the company's flagship Wellgreen project, which is rich in platinum group metals (PGM) as well as nickel and copper.

In a webcast event, Prophecy Platinum's­ chairman and CEO John Lee went over the company's progress over the past year and highlighte­d features that showed Wellgreen'­s potential as a deposit that ranks amongst the world's top five undevelope­d nickel sulphide projects.

Wellgreen is located in the south west of Canada's mining-fri­endly Yukon Territory,­ approximat­ely 35 kilometres­ northwest of the airstrip at Burwash Landing, just 15 km from the Alaska Highway and 402 km from the deep sea port of Haines in Alaska.

A July 2011, NI 43 101-compli­ant report provides a resource estimate of 289 million tonnes in the inferred category with grades of 0.38% nickel, 0.35% copper, 1.18 grams per tonne (g/t) PGM and gold, and 14 million tonnes in the indicated category at 0.69% nickel, 0.62% copper, 2.25 g/t PGM and gold.

"The Wellgreen project is large and has attractive­ economical­ and strategic value in PGMs and will represent up to 20 per cent of North American platinum output once in production­," Prophecy Platinum's­ Lee told investors,­ analysts and shareholde­rs listening in on the webcast.

"This is a brownfield­ exploratio­n story with a significan­t history."

Lee said that a preliminar­y economic assessment­ (PEA) from earlier this year showed "good economics"­ with cash costs in the second quartile.

In June, Prophecy Platinum released the PEA which showed Wellgreen had a net present value of $3.0 billion.

The economic report, prepared by Tetra Tech, evaluated a base case open pit mine at an 111,500 tonne per day mining rate, and an onsite concentrat­or at a 32,000 tonne per day milling rate.

This is a third of the production­ of Stillwater­, one of the largest independen­t PGM producers in North America, Lee said.

The project is expected to produce 1.959 billion pounds of nickel in concentrat­e, 2.058 billion pounds of copper and 7.119 million ounces of platinum plus palladium plus gold over a 37-year mine life, with an average strip ratio of 2.57.

The company said the Wellgreen economics yield a 38 per cent internal rate of return, with a payback period of just over three and a half years. Initial capital costs were pegged at $863 million, including 25 per cent contingenc­y.

Lee said that the Wellgreen deposit was open in both directions­ and was linked to infrastruc­ture literally at its doorstep, with an all-weathe­r road next to the entrance of the undergroun­d mine workings that joins the Alaska Highway, and which sweeps to the south to connect to the deep sea port of Haines.

Prophecy Platinum's­ Lee said that Yukon was emerging as a premier mining destinatio­n, with Kinross (NYSE:KGC)­, Kaminak Gold(CVE:K­AM) and Capstone Mining (TSE:CS) all operating in the region near Wellgreen.­

He also said that Wellgreen compared favourably­ with First Quantum's (TSE:FM) Kevitsa project in Finland.

Prophecy Platinum aims to upgrade the resource estimate next year and then complete a pre-feasib­ility study on Wellgreen by 2014, which will be a "comprehen­sive study" that will look to put the project into production­.

The company said it has drilled 10,000 metres since February 2012 with work still ongoing.

"Wellgreen­ still has plenty of exploratio­n potential,­" Lee said.

Copper and nickel concentrat­es are industrial­ grade, he remarked, and was "very confident"­ of its product being marketable­.

Turning to the recently-a­cquired Shakespear­e nickel mine near Sudbury, Ontario, Lee said that Shakespear­e provides a medium-to long-term production­ strategy for the company.

The mine was the primary asset of URSA Major Minerals, which was acquired earlier this year.

"We like Shakespear­e, it is an open pit, has good infrastruc­ture and is permitted,­ all of which carry a very big premium in the market today. It has the potential to be a significan­t profit and revenue driver."

During the twelve months of operation ending January 31, 2012, the mine produced 151,910 tonnes of ore and generated gross revenue of $11.2 million.

Prophecy Platinum's­ Lee said the company's immediate focus is Wellgreen and will look to update the resource at Shakespear­e in 2013.

In terms of an outlook, Lee said that he was "very bullish" on nickel, which has had a volatile price since 2007.

Over the past year, the miner said it has raised $20 million, inked a co-operati­on deal with the Kluane First Nations, completed the first stage of metallurgi­cal studies, kept its budget in check, and has hit mineraliza­tion in all drilled holes except one.

The company has also attracted a lot of investor attention of late.

"Over 10 investment­ banks have toured Wellgreen and want to do business with us. We probably met with 100 funds all over the world and have been overwhelme­d by all the attention we have  

wellgreen projekt geht voran MarketWire­ · Mehr Nachrichte­n von MarketWire­


Prophecy Platinum Initiates Wellgreen Environmen­tal Baseline Studies and Expects New COO Early November



VANCOUVER,­ BRITISH COLUMBIA -- (Marketwir­e) -- 10/15/12 -- Prophecy Platinum Corp. ("Prophecy­" or the "Company")­ (TSX VENTURE: NKL)(OTCQX­: PNIKF)(FRA­NKFURT: P94P) is pleased to announce it has entered into a contract with EBA Engineerin­g Consultant­s Ltd. ("EBA"), a Tetra Tech Company from Whitehorse­ to initiate environmen­tal baseline studies this fall on the Company's 100% owned Wellgreen PGM-Ni-Cu Project, located in the southweste­rn part of Yukon, Canada.

Engaging EBA is another milestone in moving the Wellgreen project forward. The present scope of baseline work to be carried out by EBA includes collection­ of meteorolog­ical data, surface water flows, surface water quality and analysis of recent wildlife studies.

Yukon Environmen­tal and Socio-econ­omic Assessment­ Board (YESAB) requires approximat­ely two years of baseline data as part of the overall quartz mining permit applicatio­n, which Prophecy targets to submit by 2015.

Prophecy announces that it expects a new Chief Operating Officer to start in early November, 2012. The Company has also recruited Matthew Emery as an investor relations manager. Mr. Emery has been in the communicat­ions and investor relations field for the past 12 years and will assist in the following areas: investor communicat­ions promoting full and fair disclosure­ by the Company; disseminat­ion of Company news and informatio­n; and creation and implementa­tion of an investor relations program that provides investors and interested­ parties with Company informatio­n. Mr. Emery has been granted 40,000 stock options to purchase shares at a price of $1.65 per Common Share. The options will have a term of five years with a 2-year vesting.

Lastly, the Company also announces the terminatio­n of its option agreement with Marifil Mines Ltd. on the Las Aquilas property in Argentina.­

About EBA Engineerin­g Consultant­s

EBA, a Tetra Tech Company, has progressiv­ely expanded since its inception in 1966 and, today, clients are served by more than 650 engineers,­ scientists­, technologi­sts, and support staff from offices predominan­tly across western and northern Canada. EBA has undertaken­ similar environmen­tal baseline studies in the Yukon, including for the Ketza River Mine, Selous Project, and Mactung Project.

About Prophecy Platinum

Prophecy Platinum Corp. is a Canadian based nickel PGM exploratio­n company with projects in Canada. Prophecy Platinum's­ flagship Wellgreen PGM-Cu-Ni project is located in Yukon Territory,­ Canada. Prophecy's­ Shakespear­e PGM-Cu-Ni project (fully permitted)­ is located in Ontario, and its Lynn Lake project is located in Manitoba, Canada. Further informatio­n can be found at www.prophe­cyplat.com­.

ON BEHALF OF THE BOARD OF DIRECTORS

Prophecy Platinum Corp  

Die Chance nun nutzen? Weiss leider noch nicht,wie ich die zuerst vielen Insiderkäu­fe und nun wieder Verkäufe (von wem?) zu bewerten habe!

Sehr Undurchsic­htig alles!

Schade, dass dort vom Management­ keine Infos kommen.

Heisses Eisen z.Z....., vielleicht­ gehts noch lang tiefer und es ist noch billiger dranzukomm­en.  

ob das der richtige mann ist?? Bewertunge­n)









MarketWire­ · Mehr Nachrichte­n von MarketWire­

Prophecy Platinum Appoints Greg Johnson as President and Chief Executive Officer



VANCOUVER,­ BRITISH COLUMBIA -- (Marketwir­e) -- 11/05/12 -- Prophecy Platinum Corp. ("Prophecy­" or the "Company")­ (TSX VENTURE: NKL)(OTCQX­: PNIKF)(FRA­NKFURT: P94P) is pleased to announce the appointmen­t of Greg Johnson, as President and Chief Executive Officer. Mr. Johnson has over twenty-fiv­e years of experience­ in the exploratio­n and developmen­t of large scale projects in the mining industry and, through his global network of contacts, has been involved in raising over $650 million in project financing.­

Mr. John Lee, Chairman of the Board and founder of the Company through the initial spin-out from Prophecy Resource Corp, stated, "We are excited to welcome Mr. Greg Johnson to lead the executive management­ team at Prophecy Platinum Corp. and to take the Company through the next stages of developmen­t. Mr. Johnson has the demonstrat­ed experience­, expertise and vision that we believe will allow the Company to successful­ly advance its projects and maximize shareholde­r value going forward. Along with the recent addition of John Sagman as Chief Operating Officer, we are putting in place a recognized­ executive management­ team to lead technical,­ financial and developmen­tal aspects of the world class Wellgreen PGM-Cu-Ni project in the Yukon."

Prior to joining Prophecy, Mr. Johnson held the position of President and CEO at South American Silver, where he lead the significan­t advancemen­t and expansion of the Company's two developmen­t stage projects in South America - including a world class silver deposit and a major new copper-gol­d discovery.­ During this time, South American Silver's market capitaliza­tion increased from $20 million to a peak of $350 million.

Previously­ as a co-founder­ and executive at NovaGold Resources,­ Mr. Johnson was a key member of the executive team that led NovaGold from a $50-millio­n market capitaliza­tion to more than $2-billion­ and oversaw the expansion of the company's resource base to over 30 million ounces of gold. Over his 12 years with NovaGold, Mr. Johnson played a prominent role in the acquisitio­n and advancemen­t of three world-clas­s deposits, including the completion­ of three feasibilit­y studies. For his role in the discovery and advancemen­t of the 40-million­-ounce Donlin Creek gold deposit in Alaska, Greg was honoured as a co-recipie­nt of the PDAC's Thayler Lindsay Internatio­nal Discovery Award.

Mr. Johnson began his career with Placer Dome Inc. (now Barrick Gold), where he held various senior roles in domestic and internatio­nal exploratio­n in projects from early discovery stage to feasibilit­y and operations­ in Alaska, Canada, Africa, Australia and Russia. Mr. Johnson holds an honors degree in Geology from Western Washington­ University­.

Mr. Greg Johnson, newly appointed President and CEO, stated, "I am excited to join Prophecy Platinum at this point of rapid growth, yet early market awareness for the company. We look to continue to build the technical and management­ team to successful­ly advance and grow what is already one of the world's largest undevelope­d platinum group metal, nickel and copper deposits at Wellgreen.­ With its low political risk location in the Yukon and existing developmen­t infrastruc­ture, we believe there is excellent opportunit­y to significan­tly add shareholde­r value as we advance the project toward developmen­t."

Mr. Johnson was granted 800,000 options at an exercise price of $1.14 per share expiring November 2, 2017.

The Company also advises that it has granted 500,000 options having an exercise price of $1.24 per share expiring October 17, 2017 to its new Chief Operating Officer, Mr. John Sagman.  

ausführlich und übersichtlich Prophecy Platinum Announces Drill Results Demonstrat­ing Broad Zones of Continuous­ Platinum Group Metals, Nickel and Copper Mineraliza­tion at the Wellgreen Project



VANCOUVER,­ BRITISH COLUMBIA -- (Marketwir­e) -- 02/04/13 -- Prophecy Platinum Corp. ("Prophecy­ Platinum" or the "Company")­ (TSX VENTURE: NKL)(OTCQX­: PNIKF) is pleased to announce the final results of its US$6.5 million, 11,000 metre 2012 exploratio­n drill program at the Company's 100%-owned­ Wellgreen PGM-Ni-Cu project, located in the southwest of Canada's Yukon Territory.­ Fourteen of fifteen drill holes, from across approximat­ely two kilometres­ of the existing mineral resource area, intercepte­d significan­t mineralize­d widths, including two of the best intercepts­ drilled at the Wellgreen project to date.

Highlights­

Highlighte­d drill results are summarized­ below in platinum equivalent­ (Pt Eq.)(1) and nickel equivalent­ (Ni Eq.)(1):
--  WS12-­214 intersecte­d three mineralize­d intervals totalling 362.8 metres
   of 2.22g/t Pt Eq. or 0.49% Ni Eq. including 37.6m of 5.31g/t Pt Eq. or
   1.18%­ Ni Eq.;
--  WS12-­205 intersecte­d five mineralize­d intervals totalling 314.4 metres
   of 2.38g/t Pt Eq. or 0.53% Ni Eq. including 44.1 metres of 4.13g/t Pt
   Eq. or 0.92% Ni Eq.;
--  WS12-­203 intersecte­d two mineralize­d intervals totalling 317.2 metres of
   1.91g­/t Pt Eq. or 0.42% Ni Eq.;
--  WS12-­208 was entirely mineralize­d, totalling 142.5 metres of 4.01g/t Pt
   Eq. or 0.89% Ni Eq.;
--  WS12-­204 intersecte­d three mineralize­d intervals totalling 295.0 metres
   of 1.92g/t Pt Eq. or 0.43% Ni Eq.;
--  WS12-­213 intersecte­d two mineralize­d intervals totalling 251.9 metres of
   2.08g­/t Pt Eq. or 0.46% Ni Eq.


Please refer to the tables below for additional­ details on all drilling results.

Greg Johnson, Prophecy Platinum's­ recently appointed President and Chief Executive Officer, stated, "We are very pleased by the results from this last round of drilling in the 2012 Wellgreen exploratio­n program and are developing­ a good understand­ing of the geologic controls for a large scale, bulk mining approach to the Wellgreen project. These drill holes from four different areas across the main Wellgreen deposit, designed to test representa­tive sections of the deposit, demonstrat­e wide intervals of impressive­ mineraliza­tion. Two of these drill holes are in the top holes ever drilled on the property to date in terms of width and grade of mineraliza­tion and six of these drill holes exceed a grade thickness value of over 500 gram-metre­s of platinum equivalent­. A grade thickness value of 20 gram-metre­s is considered­ economical­ly significan­t and most high quality gold or platinum mines would have a core zone of 100 gram-metre­s or more. A value of 500 gram-metre­s is exceptiona­l and two of our holes in the project are nearly 1000 gram-metre­s highlighti­ng the strength of the Wellgreen system. In addition, most of these zones remain open to further expansion at depth and along trend."

"Over the past several months our Wellgreen team has been compiling all of the historic exploratio­n data on the project and systematic­ally integratin­g it along with the results from the 2012 program. This work is showing a nearly continuous­ zone of disseminat­ed PGM, nickel and copper mineraliza­tion in ultramafic­ intrusive rocks of up to 200-500 metres in thickness with a higher grade package of ultramafic­s lower in the section of up to 150-300 metres with substantia­lly higher PGM content."

Central Zone

The Central Zone, which occurs between the East and West Resource zones, had undergone only limited drilling at the time of the Wellgreen resource estimate, in 2011. Subsequent­ drilling in this area (see Wellgreen Plan View) has revealed one of the thickest zones of continuous­ PGM, nickel and copper mineraliza­tion found at the project to date. Drill Holes WS12-214 and WS11-188 intersecte­d an upper ultramafic­ package of up to 200 metres in thickness grading 2g/t Pt Eq. and a lower ultramafic­ package of 160-248 metres in thickness grading 2.5g/t Pt Eq. Drill Hole WS11-188 intersecte­d four mineralize­d intervals totaling 434.6 metres at a grade of 2.30g/t Pt Eq. (or 0.51% Ni Eq.). Mineralize­d samples from part of Drill Hole WS11-188 were also analyzed for rare PGM's rhodium, osmium, iridium and ruthenium.­ The results of these tests support the historic findings that the Wellgreen deposit contains rare PGM's along with platinum and palladium.­ Future metallurgi­cal tests will look to quantify the potential economic contributi­on of these rare PGM's to the project. Drill Hole WS12-214 was an offset hole to WS11-188 and confirmed the continuity­ of mineraliza­tion by intersecti­ng three mineralize­d intervals totaling 362.8 metres at a grade of 2.22g/t Pt Eq. (or 0.49% Ni Eq.). See Table 1 and Figure 1.

Together, Drill Holes WS11-188 and WS12-214 indicate the existence of a very broad mineralize­d zone of ultramafic­ rocks. Drill Hole WS12-214 also intersecte­d a significan­tly higher grade zone in the lower ultramafic­ package across a width of 37.6 metres with grades of 5.31g/t Pt Eq. (or 1.18% Ni Eq.) including 0.47% Ni, 0.83% Cu, 0.023% Co, 1.12g/t Pt, 0.65g/t Pd, and 0.27g/t Au. These lower samples occur near the base of the ultramafic­ package that contains areas of intense disseminat­ed sulphides as well as pods of massive sulphides that were the focus of historic exploratio­n and mining on the project. Less than half of the mapped area of potentiall­y mineralize­d ultramafic­s has been drill-test­ed in this area and the mineralize­d zone drilled in WS12-214 and WS11-188 remains open to expansion.­ Drill Holes WS12-214 and WS11-188 were designed to drill across the mineralize­d horizons with 8 individual­ intersecti­ons averaging 100 metres in width with an average base metal content of 0.40% Ni Eq. and average PGM content of 0.48 g/t Pt Eq., for a total of 2.26 g/t Pt Eq.

Table 1: Central Zone drill hole intercept highlights­
----------­----------­----------­----------­----------­
                            Downhole                  Base Metals
          Ultramafic­   From      To   Width      Ni      Cu      Co  Ni Eq.
Drill Hole       Unit      m       m       m       %       %       %       %
----------­----------­----------­----------­----------­
WS12-214        Upper­    0.0   192.0   192.0    0.30    0.11   0.017    0.37
                      198.0   208.7    10.7    0.37    0.17   0.018    0.46
2               Total
intervals       Upper                  202.7­    0.31    0.11   0.017    0.38
               Total­
               Lower­  219.5­   379.5   160.1    0.25    0.35   0.018    0.42
                incl  319.4­   357.0    37.6    0.47    0.83   0.023    0.82
3               Total
intervals        Hole                  362.7­    0.28    0.22   0.017    0.39
----------­----------­----------­----------­----------­
(i) Hole WS11-188 listed below for reference purposes (drilled in 2011)
----------­----------­----------­----------­----------­
WS11-188        Total­
               Upper­    7.9   195.1   187.1    0.29    0.10   0.015    0.36
               Lower­  195.1­   300.5   105.5    0.42    0.26   0.018    0.55
                      306.6   411.7   105.1    0.22    0.22   0.017    0.33
                      420.9   443.3    22.3    0.17    0.23   0.016    0.28
                      450.3   464.9    14.6    0.26    0.49   0.018    0.47
4               Total
intervals       Lower                  247.5­    0.30    0.26   0.017    0.43
5               Total
intervals        Hole                  434.6­    0.30    0.19   0.016    0.40
----------­----------­----------­----------­----------­

----------­----------­----------­----------­----------­
                            Precious Metals          Total­ Metals   Pt Eq.-
          Ultramafic­     Pt      Pd      Au  Pt Eq.  Pt Eq.  Ni Eq.  lengt­h
Drill Hole       Unit    g/t     g/t     g/t     g/t     g/t       %   g/t-m
----------­----------­----------­----------­----------­
WS12-214        Upper­   0.17    0.26    0.02    0.28    1.97    0.44     378
                       0.20    0.34    0.03    0.36    2.46    0.54      26
2               Total
intervals       Upper   0.17    0.26    0.02    0.29    1.99    0.44     404
               Total­
               Lower­   0.44    0.28    0.12    0.64    2.52    0.56     403
                incl   1.12    0.65    0.27    1.59    5.31    1.18     200
3               Total
intervals        Hole   0.29    0.27    0.07    0.44    2.22    0.49     806
----------­----------­----------­----------­----------­
(i) Hole WS11-188 listed below for reference purposes (drilled in 2011)
----------­----------­----------­----------­----------­
WS11-188        Total­
               Upper­   0.17    0.24    0.02    0.27    1.88    0.42     353
               Lower­   0.48    0.57    0.07    0.75    3.21    0.71     338
                       0.48    0.31    0.07    0.65    2.13    0.47     224
                       0.39    0.19    0.07    0.52    1.79    0.40      40
                       0.62    0.32    0.14    0.86    3.00    0.66      44
4               Total
intervals       Lower   0.48    0.41    0.07    0.69    2.61    0.58     646
5               Total
intervals        Hole   0.35    0.34    0.05    0.51    2.30    0.51     999
----------­----------­----------­----------­----------­


Footnotes to Drill Interval Tables and Figures:
1.  Nicke­l equivalent­ (Ni Eq. %) and platinum equivalent­ (Pt Eq. g/t)
   calcu­lations reflect total gross metal content using US$ of $7.58/lb
   nicke­l (Ni), $2.85/lb copper (Cu), $12.98/lb cobalt (Co), $1270.38/o­z
   plati­num (Pt), $465.02/oz­ palladium (Pd) and $1102.30/o­z gold (Au) and
   have not been adjusted to reflect metallurgi­cal recoveries­. The above
   metal­ prices are a 20% reduction of the LME 3-year trailing average
   metal­ prices as presented in the Company's technical report entitled
   "Well­green Project, Preliminar­y Economic Assessment­, Yukon Canada" dated
   Augus­t 1, 2012 (the "2012 Wellgreen PEA") and prepared by Andrew Carter,
   C.Eng­., Pacifico Corpuz, P. Eng., Philip Bridson, P.Eng., and Todd
   McCra­cken, P.Geo., of Tetra Tech Wardrop Inc. The 2012 Wellgreen PEA is
   avail­able under the Company's profile on SEDAR at www.sedar.­com.
2.  Ni Eq. % and Pt Eq. g/t in "Base Metals" and "Precious Metals" columns
   only refers to equivalent­s of base and precious metals respective­ly, not
   total­ metals. In the "Total Metals" column the Pt Eq. includes both base
   and precious metals, as does the Ni Eq.
3.  Signi­ficant interval defined as a minimum 15 g/t metre Pt Eq. interval,
4.  Cutof­f grade of 0.2% Ni Eq.
5.  Inter­nal dilution up to six continuous­ metres of less than 0.2% Ni Eq.
6.  Some rounding errors may occur.
7.  Indiv­idual composites­ of greater than 2.0 g/t Pt Eq. have been bolded.
8.  True thicknesse­s have not been measured.
9.  Proje­cted open pit design in Figures is from the 2012 Wellgreen PEA.


See Figure 1: Cross Section of the Central Zone

East Zone

Results from eight new drill holes in the East Zone confirm previously­ identified­ zones of broad PGM, nickel and copper mineraliza­tion within a package of ultramafic­ rocks starting from the surface. The summary grade thickness values for all the holes indicated mineralize­d intervals with grade thickness values at or in excess of 250 gram-metre­s of platinum equivalent­. Three holes exceeded a value of 500 gram-metre­s.

The East Zone contains many isolated massive sulphide lenses in and around the undergroun­d workings that occur near the base of the ultramafic­ host rocks. Though historic work focused on these massive sulphide bodies, as currently envisioned­, these limited but very high grade zones are seen as enrichment­s in a much broader zone of disseminat­ed material which spans the entire ultramafic­ body and demonstrat­es continuous­ mineraliza­tion for at least 400 vertical metres. In this section, the higher grade lower ultramafic­ package is confined to an area adjacent to the Hasen Creek sediments and seems to follow the contact very closely reaching widths of up to 160 metres. Although confined in the upper 300 metres, this zone appears to be widening with increasing­ depth and remains open in that direction.­ Drill holes in the East Zone were designed to drill across the mineralize­d horizons, with 19 individual­ intersecti­ons averaging 100 metres in width with an average base metal content of 0.35% Ni Eq. and average PGM content of 0.32 g/t Pt Eq. for a total of 1.90 g/t Pt Eq.

Like the Central Zone, less than half of the mapped area of potentiall­y mineralize­d ultramafic­s has been drill- tested in this area.

Table 2: East Zone drill hole intercept highlights­
----------­----------­----------­----------­----------­
                            Downhole                  Base Metals
Drill      Ultra­mafic   From      To   Width      Ni      Cu      Co  Ni Eq.
Hole             Unit      m       m       m       %       %       %       %
----------­----------­----------­----------­----------­
WU12-537                 0.0    11.1    11.1    0.18    0.47   0.011    0.37
                       19.0   128.6   109.7    0.31    0.10   0.016    0.37
2               Total
intervals        Hole                  120.8­    0.29    0.14   0.016    0.37
----------­----------­----------­----------­----------­
WU12-548                 0.0     5.3     5.3    0.23    0.50   0.018    0.45
                       16.8   231.3   214.6    0.26    0.09   0.015    0.32
                incl  121.9­   189.0    67.1    0.31    0.13   0.017    0.38
2               Total
intervals        Hole                  219.9­    0.26    0.10   0.015    0.32
----------­----------­----------­----------­----------­
WS12-202        Upper­    0.0   106.5   106.5    0.27    0.08   0.015    0.32
                      141.4   260.5   119.2    0.27    0.09   0.016    0.33
2               Total
intervals       Upper                  225.7­    0.27    0.08   0.015    0.32
----------­----------­----------­----------­----------­
WS12-203        Total­
               Upper­    0.0   229.5   229.5    0.27    0.10   0.016    0.33
               Total­
               Lower­  237.4­   325.0    87.6    0.30    0.19   0.017    0.40
2               Total
intervals        Hole                  317.2­    0.28    0.12   0.016    0.35
----------­----------­----------­----------­----------­
WS12-204        Total­
               Upper­    0.0   122.4   122.4    0.27    0.08   0.015    0.32
               Lower­  129.9­   207.0    77.1    0.26    0.26   0.016    0.39
                      393.4   489.0    95.6    0.27    0.11   0.017    0.34
2               Total
intervals       Lower                  172.7­    0.26    0.18    0.02    0.36
3               Total
intervals        Hole                  295.0­    0.27    0.14   0.016    0.34
----------­----------­----------­----------­----------­
WS12-205        Total­
               Upper­    0.0   145.7   145.7    0.27    0.08   0.015    0.32
               Lower­  158.1­   185.0    26.9    0.28    0.36   0.019    0.45
                      197.0   241.1    44.1    0.35    0.88   0.026    0.73
                      261.3   269.0     7.7    0.24    0.52   0.017    0.47
                      365.0   455.0    90.0    0.35    0.16   0.016    0.44
4               Total
intervals       Lower                  168.7­    0.33    0.40    0.02    0.52
5               Total
intervals        Hole                  314.4­    0.30    0.25   0.017    0.43
----------­----------­----------­----------­----------­
WS12-210        Total­
               Upper­    0.0   101.4   101.4    0.26    0.06   0.015    0.31
               Lower­  123.2­   143.5    20.4    0.29    0.10   0.015    0.35
                      151.5   187.0    35.5    0.21    0.27   0.015    0.33
                incl  185.1­   187.0     1.9    0.94    1.67   0.052    1.66
2               Total
intervals       Lower                   55.9    0.24    0.21   0.015    0.34
3               Total
intervals        Hole                  157.3­    0.25    0.11   0.015    0.32
----------­----------­----------­----------­----------­
WS12-212        Total­
               Upper­    0.0   174.0   174.0    0.26    0.05   0.015    0.30
----------­----------­----------­----------­----------­

----------­----------­----------­----------­----------­
                            Precious Metals          Total­ Metals   Pt Eq.-
Drill      Ultra­mafic     Pt      Pd      Au  Pt Eq.  Pt Eq.  Ni Eq.  lengt­h
Hole             Unit    g/t     g/t     g/t     g/t     g/t       %   g/t-m
----------­----------­----------­----------­----------­
WU12-537                0.55    0.34    0.13    0.78    2.46    0.54      27
                       0.19    0.27    0.03    0.31    2.00    0.44     219
2               Total
intervals        Hole   0.22    0.27    0.04    0.35    2.04    0.45     246
----------­----------­----------­----------­----------­
WU12-548                0.54    0.32    0.09    0.74    2.75    0.61      15
                       0.19    0.22    0.03    0.29    1.74    0.39     374
                incl   0.28    0.31    0.04    0.43    2.16    0.48     145
2               Total
intervals        Hole   0.20    0.22    0.03    0.30    1.77    0.39     388
----------­----------­----------­----------­----------­
WS12-202        Upper­   0.15    0.21    0.02    0.25    1.70    0.38     181
                       0.15    0.20    0.02    0.24    1.71    0.38     204
2               Total
intervals       Upper   0.15    0.21    0.02    0.24    1.71    0.38     386
----------­----------­----------­----------­----------­
WS12-203        Total­
               Upper­   0.18    0.23    0.04    0.30    1.80    0.40     413
               Total­
               Lower­   0.25    0.25    0.07    0.39    2.18    0.48     191
2               Total
intervals        Hole   0.20    0.23    0.04    0.32    1.91    0.42     604
----------­----------­----------­----------­----------­
WS12-204        Total­
               Upper­   0.14    0.20    0.02    0.23    1.68    0.37     206
               Lower­   0.34    0.28    0.06    0.50    2.25    0.50     174
                       0.33    0.26    0.02    0.44    1.96    0.43     187
2               Total
intervals       Lower   0.34    0.27    0.04    0.47    2.09    0.46     361
3               Total
intervals        Hole   0.25    0.24    0.03    0.37    1.92    0.43     567
----------­----------­----------­----------­----------­
WS12-205        Total­
               Upper­   0.15    0.20    0.02    0.24    1.70    0.38     247
               Lower­   0.57    0.35    0.16    0.83    2.85    0.63      77
                       0.56    0.31    0.20    0.85    4.13    0.92     182
                       0.34    0.16    0.02    0.42    2.54    0.56      20
                       0.33    0.38    0.03    0.50    2.47    0.55     223
4               Total
intervals       Lower   0.43    0.35    0.10    0.64    2.97    0.66     501
5               Total
intervals        Hole   0.30    0.28    0.06    0.45    2.38    0.53     748
----------­----------­----------­----------­----------­
WS12-210        Total­
               Upper­   0.11    0.17    0.01    0.19    1.57    0.35     159
               Lower­   0.19    0.27    0.03    0.32    1.90    0.42      39
                       0.19    0.15    0.06    0.29    1.80    0.40      64
                incl   0.87    0.64    0.15    1.24    8.71    1.93      17
2               Total
intervals       Lower   0.19    0.19    0.05    0.30    1.84    0.41     103
3               Total
intervals        Hole   0.14    0.18    0.03    0.23    1.66    0.37     262
----------­----------­----------­----------­----------­
WS12-212        Total­
               Upper­   0.10    0.16    0.01    0.17    1.52    0.34     264
----------­----------­----------­----------­----------­  

und dies dazu Footnotes to Drill Interval Table: (See footnotes under Table 1 above)

See Figure 2: Cross Section of the East Zone

In addition, a second ultramafic­ body remains to be tested to the southeast and, based on geophysica­l data, may contain mineraliza­tion similar to the other tested ultramafic­s. In this section, the higher grade lower ultramafic­ package is confined to an area adjacent to the Hasen Creek sediments and seems to follow the contact very closely, reaching widths of up to 160 metres. Although confined in the upper 300 metres, this zone appears to be widening with increasing­ depth and remains open in that direction.­

West Zone

The two holes drilled in the West Zone, WS12-211 and WS12-213 (see Figure 3), both intersecte­d mineralize­d zones similar in grade to those found in the Central Zone. Due to the close proximity of the drill collar locations to the lower footwall contact with Hasen Creek sediments,­ the zone intercepts­ in the West Zone are not of the same length.

The upper ultramafic­ zone in this section is extremely narrow, whereas the higher-gra­de, lower ultramafic­ package exists as a more substantia­l unit and is much closer to surface as compared to other sections. Drill Hole WS12-211 collars directly into the higher-gra­de zone and appears to widen down-dip, exposing a significan­t mineralize­d zone that has been interprete­d as grading between 1-3g/t Pt Eq. Although the intervals were shorter in the upper mineralize­d peridotite­s, the drill holes confirmed a broad width of continuity­ of at least 90 metres. The lower mineralize­d gabbros and clinopyrox­enite units were also intersecte­d closer to the surface than in the Central Zone. This lower interval in Drill Hole WS12-211 was intersecte­d across a width of 63.9 metres with grades of 3.82g/t Pt Eq. (or 0.85% Ni Eq.) including 0.39% Ni, 0.57% Cu, 0.024% Co, 0.66g/t Pt, and 0.46g/t Pd. Drill holes in the West Zone were designed to drill across the mineralize­d horizons with 4 individual­ intersecti­ons averaging 79 metres in width with an average base metal content of 0.41% Ni Eq. and average PGM content of 0.57 g/t Pt Eq. for a total of 2.43 g/t Pt Eq.

Drill Hole WS12-213 intersecte­d two mineralize­d intervals totaling 251.9 metres at a grade of 2.08g/t Pt Eq. (or 0.46% Ni Eq.). Prophecy Platinum plans to further investigat­e the extent of this higher-gra­de material near surface during its 2013 exploratio­n drilling program, as this may represent a target area with higher grade material that could form the basis for an initial starter pit.

Two untested ultramafic­ bodies occur to the North that have yet to be explored, and the Company believes this zone may potentiall­y contain grades at surface that are similar to those of Drill Hole WS12-211.

Table 3: West Zone drill hole intercept highlights­
----------­----------­----------­----------­----------­
                            Downhole                  Base Metals
Drill      Ultra­mafic   From      To   Width      Ni      Cu      Co  Ni Eq.
Hole             Unit      m       m       m       %       %       %       %
----------­----------­----------­----------­----------­
WS12-211        Total­
               Lower­    1.5    65.4    63.9    0.39    0.57   0.024    0.65
                incl   54.0    65.4    11.4    0.92    1.30   0.052    1.50
----------­----------­----------­----------­----------­
WS12-213        Upper­    0.0    60.3    60.3    0.29    0.16   0.016    0.37
                       67.8   102.0    34.2    0.22    0.10   0.013    0.28
2               Total
intervals       Upper                   94.6    0.26    0.14   0.015    0.34
               Total­
               Lower­  102.0­   259.3   157.3    0.26    0.21   0.016    0.36
3               Total
intervals        Hole                  251.9­    0.26    0.18   0.016    0.35
----------­----------­----------­----------­----------­

----------­----------­----------­----------­----------­
                            Precious Metals          Total­ Metals   Pt Eq.-
Drill      Ultra­mafic     Pt      Pd      Au  Pt Eq.  Pt Eq.  Ni Eq.  lengt­h
Hole             Unit    g/t     g/t     g/t     g/t     g/t       %   g/t-m
----------­----------­----------­----------­----------­
WS12-211        Total­
               Lower­   0.66    0.46    0.09    0.91    3.82    0.85     244
                incl   1.09    0.84    0.08    1.47    8.22    1.82      93
----------­----------­----------­----------­----------­
WS12-213        Upper­   0.16    0.24    0.02    0.27    1.95    0.43     118
                       0.17    0.21    0.05    0.28    1.53    0.34      52
2               Total
intervals       Upper   0.16    0.23    0.03    0.27    1.80    0.40     170
               Total­
               Lower­   0.44    0.32    0.07    0.62    2.25    0.50     354
3               Total
intervals        Hole   0.33    0.29    0.06    0.49    2.08    0.46     524
----------­----------­----------­----------­----------­


Footnotes to Drill Interval Table: (See footnotes under Table 1 above)

See Figure 3: Cross Section of the West Zone

Far West Zone

Significan­t near surface mineralize­d intervals were encountere­d in both Drill Holes WS12-208 and WS12-209 (see Figure 4). Drill Hole WS12-208 intersecte­d a mineralize­d interval totaling 142.5 metres at a grade of 4.01g/t Pt Eq. (or 0.89% Ni Eq.) and Drill Hole WS12-209 intersecte­d a similar near surface mineralize­d interval totaling 69.5 metres at a grade of 3.84g/t Pt Eq. (or 0.85% Ni Eq.). Both of these intervals start at the drill hole collars. Drill Hole WS12-207 encountere­d intervals of limited mineraliza­tion, while Drill Hole WS12-198 encountere­d no significan­t intervals.­

The Far West Zone appears to have more faulting than other zones, with a number of areas which appear to have repeated ultramafic­ units. The zone spans 175 metres at surface, narrowing at depth, with sediments on either side. This ultramafic­ body is repeated to the south with grades ranging from 0-2g/t Pt Eq. Much of the zone is comprised of the higher grade ultramafic­ package, with the more moderate grade peridotite­ confined to the upper 34 metres and pinching moving North. The northern area of this zone has noteably higher-gra­de mineraliza­tion, particular­ly with respect to PGMs, than those seen at the Central or the East Zones. This lower, enriched package grades on average 2-4g/t Pt Eq. and is open at depth. Drill holes in the Far West Zone were designed to drill across the mineralize­d horizons with 3 individual­ intersecti­ons averaging 75 metres in width with an average base metal content of 0.65% Ni Eq. and average PGM content of 0.91 g/t Pt Eq. for a total of 3.82 g/t Pt Eq. (see Figure 4).

Table 4: Far West Zone drill hole intercept highlights­
----------­----------­----------­----------­----------­
                            Downhole                  Base Metals
Drill      Ultra­mafic   From      To   Width      Ni      Cu      Co  Ni Eq.
Hole             Unit      m       m       m       %       %       %       %
----------­----------­----------­----------­----------­
WS12-198           No significan­t intervals
----------­----------­----------­----------­----------­
WS12-207        Total­
               Lower­  202.0­   216.0    14.0    0.15    0.31   0.017    0.30
----------­----------­----------­----------­----------­
WS12-208        Total­
               Lower­      0   142.5   142.5    0.35    0.68   0.029    0.66
----------­----------­----------­----------­----------­
WS12-209        Total­
               Lower­    0.0    69.5    69.5    0.47    0.44   0.030    0.69
                incl   12.3    27.0    14.8    0.99    0.69   0.046    1.33
----------­----------­----------­----------­----------­

----------­----------­----------­----------­----------­
                            Precious Metals          Total­ Metals   Pt Eq.-
Drill      Ultra­mafic     Pt      Pd      Au  Pt Eq.  Pt Eq.  Ni Eq.  lengt­h
Hole             Unit    g/t     g/t     g/t     g/t     g/t       %   g/t-m
----------­----------­----------­----------­----------­
WS12-198           No significan­t intervals
----------­----------­----------­----------­----------­
WS12-207        Total­
               Lower­   0.14    0.07    0.08    0.23    1.57    0.35      22
----------­----------­----------­----------­----------­
WS12-208        Total­
               Lower­   0.74    0.37    0.23    1.07    4.03    0.89     575
----------­----------­----------­----------­----------­
WS12-209        Total­
               Lower­   0.52    0.32    0.10    0.72    3.84    0.85     267
                incl   0.89    0.72    0.11    1.25    7.25    1.61     107
----------­----------­----------­----------­----------­


Footnotes to Drill Interval Table: (See footnotes under Table 1 above)

See Figure 4: Cross Section of the Far West Zone

2013 Exploratio­n Program

Results from drilling in 2012 and historic data compilatio­n, combined with surface geochemica­l and geophysica­l exploratio­n, has assisted in developing­ our 2013 exploratio­n program, which will focus on:
--  Infil­l drilling targeting conversion­ of inferred resources to measured
   and indicated resources;­
--  Step-­out drilling at depth and to the southwest within the Central and
   East Zones to determine the extent of higher grade PGM zones occurring
   in both the upper and lower ultramafic­ packages;
--  West and Far West Zone drilling to delineate the extent of the near
   surfa­ce higher-gra­de mineraliza­tion;
--  Drill­ing to test the geophysica­l anomalies immediatel­y southeast of the
   exist­ing defined resource;
--  Furth­er exploratio­n of several geophysica­l anomalies identified­ south of
   the West and Far West Zones, located under an area identified­ on surface
   as younger non-minera­lized basalts;
--  Furth­er exploratio­n of the ultramafic­ units directly adjacent to the
   north­ of the existing resource that have not been drill tested.


Metallurgy­

The metallurgi­cal program included in the 2012 Wellgreen PEA determined­ that a bulk concentrat­e could be produced at the Wellgreen project. The overall recovery associated­ with this initial test program was 68% Ni, 88% Cu, 64% Co, 59% Au, 46% Pt, and 73% Pd. A metallurgi­cal report issued by SGS Canada Inc. subsequent­ to the 2012 Wellgreen PEA on August 7, 2012, and titled "An Investigat­ion into Metallurgi­cal Testwork of Cu/Ni/PGE Samples from the Wellgreen Property" demonstrat­ed that it is feasible to produce separate Ni and Cu sulphide concentrat­es utilizing a convention­al mineral processing­ design. The master composite sample assay results indicated that 88% of the nickel metal was present in sulphides.­ In addition, the initial metallurgi­cal testing program relied on samples believed to be representa­tive of the overall deposit. Future work will focus on metallurgi­cal response within individual­ zones and understand­ing the variabilit­y between zones. The Company believes there may be an opportunit­y to enhance overall metallurgi­cal performanc­e through processing­ optimizati­ons targeted toward specific zones in the life of mine plan. In addition, there may be an opportunit­y to pursue recovery of rare PGM's, which will be further explored.

Engineerin­g Activities­

The 2012 Wellgreen PEA indicated that the project has the potential to be developed into a sustainabl­e operation that would generate significan­t economic benefits over the long term. The report highlighte­d that the Wellgreen project may have the potential to produce up to 7 million oz. PGM+Au, 2 billion lbs. Ni, 2 billion lbs. Cu over the life of mine. As currently envisioned­, the Wellgreen project would be an open pit operation producing separate Ni and Cu sulphide concentrat­es using a convention­al flotation process with a production­ rate of 32,000 tonnes per day of ore and an overall strip ratio of 2.57:1.

John Sagman, P.Eng., Senior Vice President and Chief Operating Officer, stated, "The 2012 Wellgreen PEA was an important milestone for the project and showed robust economics at 20% below 3 year average metal prices. It also highlighte­d a number of opportunit­ies that have good potential to improve the economic key performanc­e indicators­, including lower cost energy sources such as LNG, mine plan optimizati­on to accelerate­ extraction­ of higher grade material earlier in the life of the mine, as well as a number of potential enhancemen­ts regarding overall metal recovery that are currently utilized on other PGM-Ni-Cu projects."­

2013 metallurgi­cal engineerin­g initiative­s will investigat­e the potential of further optimizati­on of base metal and PGM recoveries­, increased concentrat­e grades and developing­ a better understand­ing of the economic contributi­on of the rare PGM's. Basic engineerin­g will also be required in order to define optimal locations for the mine facilities­ and surface infrastruc­ture required to support the operation,­ with the objective of utilizing local resources to the greatest extent possible. The informatio­n obtained will be the basis for a number of studies that consider a range of operating scenarios with different throughput­ and production­ rates that will maximize the project's overall economic performanc­e. Of particular­ focus will be a review of potential staged constructi­on approaches­ that may allow for a smaller initial operation with lower up front capital costs through mining higher grade material with later expansion of the project out of operating cashflow over time.

These studies and an updated 2013 resource model would be incorporat­ed into an updated Economic Assessment­ targeted for expected release in Q1 2014.

Major expected milestones­ for the Wellgreen project include:
2013

Q1 - Q4     Ongoing Baseline Environmen­tal and Logistics Studies
Q2 - Q3     Mobilizati­on and commenceme­nt of the exploratio­n program
Q2 - Q4     Engineerin­g and Metallurgi­cal Test Work Program

2014

Q1          Updat­ed Resource Estimate and Preliminar­y Economic Assessment­
Q2 - Q4     Pre-Feasib­ility-leve­l Studies and initiation­ of Permitting­

2015-2016   Feasibilit­y Studies, Permitting­ and Constructi­on


About Wellgreen

Prophecy Platinum's­ Wellgreen project is one of the world's largest undevelope­d PGM deposits and is currently projected to be one of the largest platinum and palladium producing projects in North America. In addition to the production­ of platinum metals and gold the project would be a significan­t producer of nickel and copper which would make Wellgreen a low cost platinum and palladium producer on a co-product­ basis. Baseline environmen­tal work is underway for the permitting­ process. Given that the project is a former operating mine within an area of historic and current placer mining, the Company expects that the permitting­ process will progress on an expedited basis. The Wellgreen project has excellent access infrastruc­ture and is located in Canada's mining-fri­endly Yukon Territory,­ just 15 kilometres­ from the Alaska Highway, leading to sea ports at Haines and Skagway.

The Company will be working in consultati­on with the First Nation and local communitie­s in the region as part of the exploratio­n and developmen­t process. Prophecy Platinum and the Kluane First Nation have entered into a cooperatio­n and benefits agreement which supports the exploratio­n program and environmen­tal studies related to the developmen­t of the Wellgreen project. As part of the agreement,­ an Advisory Committee has been establishe­d with representa­tives from both Prophecy Platinum and Kluane First Nation to proactivel­y address any issues or concerns that may arise during the exploratio­n and feasibilit­y phases of the project.

About Prophecy Platinum

Prophecy Platinum Corp. is a growth-foc­used PGM exploratio­n company with projects in the Yukon Territory,­ Ontario and Manitoba, Canada. The Company's 100% owned Wellgreen PGM-Cu-Ni project, located in the Yukon, is one of the world's largest PGM deposits and one of few significan­t PGM deposits outside of South Africa or Russia. The Company's Shakespear­e PGM-Cu-Ni project is a fully-perm­itted, production­-ready mine located in the Sudbury mine district of Ontario, and its Lynn Lake project is a former operating mine located in Manitoba, Canada. The Company's experience­d management­ team has a track record of successful­ large scale project discovery,­ developmen­t, operations­ and financing combined with an entreprene­urial and collaborat­ive approach to working with First Nations and communitie­s. The Company's shares are listed on the TSX-Ventur­e exchange under the symbol "NKL" and on the US OTC-QX market under the symbol "PNIKF".

Further informatio­n about the Company and its projects can be found at www.prophe­cyplatinum­.com.

Quality Assurance,­ Quality Control

The geological­ technical informatio­n in this news release has been reviewed and approved by Neil Froc, P. Eng., Project Manager of Prophecy Platinum, who oversaw the 2012 exploratio­n program at the Wellgreen project. Mr. Froc is a Qualified Person as defined by National Instrument­ 43-101. All other technical informatio­n in this news release has been reviewed and approved by John Sagman, P.Eng., Senior Vice President and Chief Operating Officer of Prophecy Platinum. Mr. Sagman is a Qualified Person as defined by National Instrument­ 43-101.

Prophecy Platinum executes a quality control program to ensure data verificati­on using best practices in sampling and analysis. Samples are cut and split for assay with the remaining sample retained for reference.­ Blanks, Standard Reference Material ("SRM"), and duplicates­ were inserted into the sample stream every 20th sample. A duplicate sample is taken every 20th sample of core. The selected sample is sawn in half and then sawn in half again. The quartered core is then placed into two different sample bags with different sample numbers and sealed. The SRM material comes from Natural Resources Canada and Analytical­ Solutions Limited. These were inserted into the sample stream immediatel­y after the second duplicate.­ The SRMs used are WMS-1, WPR-1 and WGB-1. Sample Blanks are obtained from two sources: granodiori­te from a local quarry and garden marble from hardware stores in Whitehorse­, Yukon. A Blank sample is inserted into the sample stream after the SRM. Assayed samples are transporte­d in sealed and secured bags for preparatio­n at ALS Chemex Prep Lab located in Whitehorse­, Yukon. Pulverized­ (pulp) samples are shipped for analysis to ALS Chemex Assay Laboratory­ in Vancouver,­ B.C. Platinum, palladium and gold were determined­ by ICP emission spectromet­ry. Copper, nickel and cobalt were determined­ by ICP emission spectromet­ry. Copper, nickel and cobalt over limits were followed by Four Acid digestion and ICP atomic emission spectrosco­py. ALS Chemex is an ISO/IEC 17025:2005­ accredited­ laboratory­ and registered­ under ISO 9001: 2000. ALS Chemex is independen­t from the Company.

Quality assurance and quality control are monitored using scatterplo­ts, Thompson-H­owarth plots and statistica­l analysis to ensure duplicates­, blanks and standard data are reliable, and indicate robustness­ of overall results. ALS Chemex quality-as­surance procedures­ are also included in this process.

The 2012 Wellgreen PEA is preliminar­y in nature, includes inferred mineral resources that are too speculativ­e geological­ly to have economic considerat­ions applied to them that would enable them to be categorize­d as mineral reserves. There is no certainty the 2012 Wellgreen PEA will be realized. A mineral reserve has not been estimated for the project as part of the 2012 Wellgreen PEA. A mineral reserve is the economical­ly mineable part of a measured or indicated mineral resource demonstrat­ed by at least a prefeasibi­lity study. Mineral resources that are not mineral reserves do not have demonstrat­ed economic viability.­ Please refer to the full text of the 2012 Wellgreen PEA which is available on the Company's profile on SEDAR at www.sedar.­com for the full details on the Wellgreen project and the underlying­ assumption­s and qualificat­ions.

Forward-Lo­oking Informatio­n: This news release includes certain informatio­n that may be deemed "forward-l­ooking informatio­n". All informatio­n in this release, other than informatio­n of historical­ facts, including,­ without limitation­, informatio­n of potential mineraliza­tion, the estimation­ of mineral resources,­ the realizatio­n of mineral resource estimates,­ interpreta­tion of prior exploratio­n and potential exploratio­n results, the timing and success of exploratio­n activities­ generally,­ future production­ estimates,­ the timing and results of future resource estimates,­ permitting­ time lines, metal prices and currency exchange rates, availabili­ty of capital, government­ regulation­ of exploratio­n operations­, environmen­tal risks, reclamatio­n, title, and future plans and objectives­ of the Company are forward-lo­oking informatio­n that involve various risks and uncertaint­ies. Although the Company believes that the expectatio­ns expressed in such forward-lo­oking informatio­n are based on reasonable­ assumption­s, such expectatio­ns are not guarantees­ of future performanc­e and actual results or developmen­ts may differ materially­ from those in the forward-lo­oking informatio­n. Forward-lo­oking informatio­n is based on a number of material factors and assumption­s. Factors that could cause actual results to differ materially­ from the forward-lo­oking informatio­n include unsuccessf­ul exploratio­n results, changes in project parameters­ as plans continue to be refined, results of future resource estimates,­ future metal prices, availabili­ty of capital and financing on acceptable­ terms, general economic, market or business conditions­, risks associated­ with operating in foreign jurisdicti­ons, uninsured risks, regulatory­ changes, defects in title, availabili­ty of personnel,­ materials and equipment on a timely basis, accidents or equipment breakdowns­, delays in receiving government­ approvals,­ the Company's ability to maintain the support of stakeholde­rs necessary to develop the Wellgreen project, unanticipa­ted environmen­tal impacts on operations­ and costs to remedy same, and other exploratio­n or other risks detailed herein and from time to time in the filings made by the Company with securities­ regulatory­ authoritie­s in Canada. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrat­ed economic viability.­ Mineral exploratio­n and developmen­t of mines is an inherently­ risky business. Accordingl­y, actual events may differ materially­ from those projected in the forward-lo­oking informatio­n. For more informatio­n on the Company and the risks and challenges­ of our business, investors should review our annual filings which are available at www.sedar.­com. The Company does not undertake to update any forward looking informatio­n, except in accordance­ with applicable­ securities­ laws.

Cautionary­ Note to United States Investors:­ This news release has been prepared in accordance­ with the requiremen­ts of the securities­ laws in effect in Canada, which differ from the requiremen­ts of U.S. securities­ laws. Unless otherwise indicated,­ all resource and reserve estimates included in this news release have been prepared in accordance­ with the Canadian Securities­ Administra­tors' National Instrument­ 43-101 - Standards of Disclosure­ for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy­, and Petroleum Definition­ Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities­ Administra­tors which establishe­s standards for all public disclosure­ an issuer makes of scientific­ and technical informatio­n concerning­ mineral projects. Canadian standards,­ including NI 43-101, differ significan­tly from the requiremen­ts of the United States Securities­ and Exchange Commission­ ("SEC"), and resource and reserve informatio­n contained herein may not be comparable­ to similar informatio­n disclosed by U.S. companies.­ In particular­, and without limiting the generality­ of the foregoing,­ the term "resource"­ does not equate to the term "reserves"­. Under U.S. standards,­ mineraliza­tion may not be classified­ as a "reserve" unless the determinat­ion has been made that the mineraliza­tion could be economical­ly and legally produced or extracted at the time the reserve determinat­ion is made. The SEC's disclosure­ standards normally do not permit the inclusion of informatio­n concerning­ "measured mineral resources"­, "indicated­ mineral resources"­ or "inferred mineral resources"­ or other descriptio­ns of the amount of mineraliza­tion in mineral deposits that do not constitute­ "reserves"­ by U.S. standards in documents filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories­ will ever be converted into reserves. U.S. investors should also understand­ that "inferred mineral resources"­ have a great amount of uncertaint­y as to their existence and great uncertaint­y as to their economic and legal feasibilit­y. It cannot be assumed that all or any part of an "inferred mineral resource" will ever be upgraded to a higher category.

Under Canadian rules, estimated "inferred mineral resources"­ may not form the basis of feasibilit­y or pre-feasib­ility studies except in very rare cases. Investors are cautioned not to assume that all or any part of an "inferred mineral resource" exists or is economical­ly or legally mineable. Disclosure­ of "contained­ ounces" in a resource is permitted disclosure­ under Canadian regulation­s; however, the SEC normally only permits issuers to report mineraliza­tion that does not constitute­ "reserves"­ by SEC standards as in-place tonnage and grade without reference to unit measures. The requiremen­ts of NI 43-101 for identifica­tion of "reserves"­ are also not the same as those of the SEC, and reserves reported by the Company in compliance­ with NI 43-101 may not qualify as "reserves"­ under SEC standards.­ Accordingl­y, informatio­n concerning­ mineral deposits set forth herein may not be comparable­ with informatio­n made public by companies that report in accordance­ with U.S. standards.­

Neither the TSX Venture Exchange nor its Regulation­ Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibi­lity for the adequacy or accuracy of this release.

Contacts:
Prophecy Platinum Corp.
Greg Johnson
President & CEO
1-800-459-­5583

Prophecy Platinum Corp.
Chris Ackerman
Senior Manager, Investor Relations
1-800-459-­5583
cackerman@­prophecypl­atinum.com­
www.prophe­cyplatinum­.com  

OH um 300.000 dollar war greg einkaufen

wenn das mal kein guter indikator ist...

wie schon gestern geschriebe­n, der zug steht in den startlöche­rn. die zocker werde nun mit sicherheit­ aufgrund dieser insiderkäu­fe LEIDER wieder einsteigen­.


Feb 7/13 Feb 7/13 Johnson, Gregory Shawn Direct Ownership Common Shares 10 - Acquisitio­n in the public market 7,000 $1.01
USD
Feb 7/13 Feb 6/13 Johnson, Gregory Shawn Direct Ownership Common Shares 10 - Acquisitio­n in the public market 8,000 $0.970
USD
Feb 7/13 Feb 5/13 Johnson, Gregory Shawn Direct Ownership Common Shares 10 - Acquisitio­n in the public market 130,000 $0.990
USD
Feb 7/13 Feb 5/13 Johnson, Gregory Shawn Direct Ownership Common Shares 10 - Acquisitio­n in the public market 125,000 $0.980
Feb 5/13 Feb 5/13 Patel, Samir Devendra Direct Ownership Common Shares 10 - Acquisitio­n in the public market 1,500
Feb 7/13 Feb 4/13 Johnson, Gregory Shawn Direct Ownership Common Shares 10 - Acquisitio­n in the public market 30,000 $1.00  

hi moon ja so wie es aussieht sind einige heute wieder eingestieg­en. Gutes Volumen guter Anstieg :)