Wellgreen Platinum Ltd.

Wellgreen Platinum Ltd. is a Canadian mining exploration and development company focused on the active advancement of its 100%-owned Wellgreen PGM-nickel-copper project toward production. Located in Canada's Yukon Territory, the company has one of the largest undeveloped PGM deposits outside southern Africa or Russia. The property is accessed by paved highway leading to year-round deep sea ports in Haines and Skagway, Alaska.

Expert Comments:

"I like Wellgreen Platinum Ltd., formerly known as Prophecy Platinum, in Yukon, which I have visited twice. It's a robust PGM project worthy of attention. . .something that few investors pay attention to and I wish more companies did, is starting production with a smaller operation to get cash flowing and prove to the market that it can be done. There are 175,000 tons of tailings at the Wellgreen project that were left from an earlier operation. Just working these tailings could prove interesting. There's a lot to be said if you can get underway with a smaller operation and then expand." read more >

Jay Taylor, Gold, Energy & Tech Stocks (2/27/15)
"Wellgreen Platinum Ltd., which is an advanced stage exploration company, has a considerable amount of platinum group metals, including palladium. However, platinum is more prominent than palladium in the polymetallic Wellgreen project in the Yukon. I still like that project and the company very much."

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/26/15)
"Wellgreen Platinum Ltd. has released its long-awaited revised PEA for the Wellgreen PGM-nickel project. . .the numbers are quite encouraging. . .the good news is that Wellgreen is well funded, with about $10.5M cash, and is continuing to derisk the project with work on a prefeasibility study. Patience is the key, but this is a great project that will only become more valuable."

"Wellgreen Platinum Ltd. released a PEA for its Wellgreen project in the Yukon on Feb. 2. . .It is the largest and lowest-cost deposit in North America except for the Stillwater mine in the U.S. Wellgreen has an after-tax NPV of CA$1.2B and a 24.6% IRR. If Wellgreen were bought out at a similar level as Duluth, it would be triple its current value. Wellgreen's management has a proven track record. CEO Greg Johnson was the founder of NOVAGOLD, whose stock he took from around $0.50 to $22. Wellgreen could be his next big win. I think Wellgreen will bring in a major as a strategic partner in developing this huge asset, which could produce over 200 Koz of platinum and palladium per year, plus copper and 70M pounds of nickel per year." read more >

Peter Campbell, Mackie Research Capital (2/10/15)
"Wellgreen Platinum Ltd.'s new PEA incorporates the company's updated NI 43-101 resource estimate from July 2014. . .some of the more salient features of the updated PEA include: Initial mining commencing at an annual rate of 9.1 Mt/year milled (~25 Ktpd) increasing to 18.3 Mt/year milled (~50 Ktpd) after five years of initial production; Running a low-grade stockpile to be processed at the end of mine life; Utilizing liquefied natural gas for on-site power generation; Incorporating an opportunistic underground mining phase during years three to eight to capture some high-grade resources."

Matthew O'Keefe, Dundee Capital Markets (2/3/15)
"Updated preliminary economic assessment results for the Wellgreen Platinum Ltd. deposit were positive (base case internal rate of return 24.6%). The new phased approach begins with lower initial capital expenditure of CA$586M and targets higher grades in early years, which should increase cash flow and make the project more manageable in the current market. Expansions in years three and six should be funded with internal cash flow and would make the company the second largest platinum producer outside South Africa and Russia. Wellgreen is funded to advance toward feasibility with about CA$10M cash. . .Wellgreen continues to be attractively valued."

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Investing Highlights
Large Deposit with Low Mining Costs
Strong Infrastructure
Mining-Friendly Jurisdiction
Wellgreen Platinum Ltd. Content