Nickel Creek Platinum Announces Positive PFS for its Nickel Shäw Project
Original announcement by tmx on
- Company
- Nickel Creek Platinum Corp.
- Ticker
- NCP
- Exchange
- TSX
- Region
- Yukon, Canada
- Primary commodity
- Nickel
- Secondary commodities
- Copper, Cobalt, Palladium, Platinum, Gold, Magnesium, Sulfur
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-08-21 11:42:33 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Nickel Creek Platinum announced positive pre-feasibility study (PFS) results for its 100%-owned Nickel Shäw Project in Yukon, Canada. The PFS estimates an after-tax net present value (NPV) of $143 million at a 5% discount rate and an internal rate of return (IRR) of 5.8%, based on an updated mineral resource estimate from April 2023. While the project demonstrates economic viability, its profitability is highly sensitive to commodity prices and power costs, with the company identifying several opportunities to enhance value, including potential tax incentives and metallurgical improvements.
Reasoning: The PFS confirms the Nickel Shäw Project's technical viability and large resource base for critical minerals, but the economic returns are currently marginal and highly sensitive to external factors, necessitating further optimization and de-risking.
Positive factors
- PFS demonstrates economic viability with a positive after-tax NPV of $143 million.
- Project contains a large Measured and Indicated mineral resource for critical minerals including nickel, copper, cobalt, and PGMs.
- Identified opportunities for significant value enhancement through potential tax incentives and power cost reductions.
- Technical information reviewed and approved by Qualified Persons under NI 43-101.
Negative factors
- The after-tax IRR of 5.8% is low for a project of this scale and risk, indicating marginal profitability.
- The project's economics are highly sensitive to commodity prices and power costs, with NPV turning negative at a 10% discount rate.
- Metallurgical recoveries are based on calculated models rather than actual testwork, indicating a need for further de-risking.
- High initial capital expenditure of $1.7 billion and a long payback period of 12.7 years.
- Cut-off grade for the resource estimate is expressed as an NSR range rather than a specific grade, reducing transparency.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 57
Classification and evidence
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: The document presents the results of a Pre-Feasibility Study (PFS) for the project.
Evidence · text
“Nickel Creek Platinum Announces Positive PFS for its Nickel Shäw Project”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical information was reviewed and approved by Qualified Persons as defined in NI 43-101.
Evidence · text
“Mr. Zurowski is a "qualified person" as defined in NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Qualified Persons Gordon Zurowski and Gordon Marrs, P. Eng., reviewed and approved the technical information.
Evidence · text
“Gordon Zurowski of AGP. Mr. Zurowski is a "qualified person" as defined in NI 43-101”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The PFS is based on an updated mineral resource estimate with an effective date of April 3, 2023.
Evidence · text
“On June 1, 2023 , the Company announced an updated mineral resource estimate with an effective date of April 3, 2023”
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: The resource estimate reports Net Smelter Return (NSR) cut-off grades but does not provide specific grade cut-offs for each commodity.
Evidence · text
“Net Smelter Return (NSR) cut-off grades range from $17.30 to $17.61 Canadian dollars”
Theoretical Recovery Onlynegative
Only theoretical or liberation-derived recovery reported, with no actual test result.
Why it applies: Metallurgical recoveries are based on calculated equations rather than actual test results, indicating a need for further de-risking.
Evidence · text
“Calculated process recoveries by concentrate type”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The PFS contemplates a conventional Ni-Cu-PGM flotation concentrator.
Evidence · text
“The ore would be fed into a conventional Ni-Cu-PGM flotation concentrator”
Extracted facts
Stored fact records: 57. Some facts used in scoring do not have a stored record.
Resource Estimates (57)
measuredNickel Shäw Project · nickelTonnes: 122363000Contained Metal: 679000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- nickel
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 679000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured contained metal for nickel, providing high confidence for the PFS.
Positive factors
- High confidence Measured category contained metal.
- Significant contained metal for nickel.
Evidence · table
“679”
Context: 122,363
measuredNickel Shäw Project · copperTonnes: 122363000Contained Metal: 411000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 411000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured contained metal for copper, contributing to the project's polymetallic nature.
Positive factors
- High confidence Measured category contained metal.
Evidence · table
“411”
Context: 122,363
measuredNickel Shäw Project · cobaltTonnes: 122363000Contained Metal: 38000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- cobalt
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 38000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured contained metal for cobalt, adding to the critical mineral profile.
Positive factors
- High confidence Measured category contained metal.
Evidence · table
“38”
Context: 122,363
measuredNickel Shäw Project · palladiumTonnes: 122363000Contained Metal: 905000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- palladium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 905000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured contained metal for palladium, contributing to the PGM basket.
Positive factors
- High confidence Measured category contained metal.
Evidence · table
“905”
Context: 122,363
measuredNickel Shäw Project · platinumTonnes: 122363000Contained Metal: 944000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- platinum
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 944000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured contained metal for platinum, contributing to the PGM basket.
Positive factors
- High confidence Measured category contained metal.
Evidence · table
“944”
Context: 122,363
measuredNickel Shäw Project · goldTonnes: 122363000Contained Metal: 184000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Contained Metal
- 184000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured contained metal for gold, adding to the polymetallic value.
Positive factors
- High confidence Measured category contained metal.
Evidence · table
“184”
Context: 122,363
measuredNickel Shäw Project · magnesiumTonnes: 122363000Grade: 16.03Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- magnesium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Grade
- 16.03
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured resource for magnesium, potentially relevant for carbon sequestration efforts.
Positive factors
- High confidence Measured category resource.
Evidence · table
“16.03”
Context: 122,363
measuredNickel Shäw Project · sulfurTonnes: 122363000Grade: 0.78Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- sulfur
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363000
- Grade
- 0.78
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A Measured resource for sulfur, which can be relevant for processing or environmental considerations.
Positive factors
- High confidence Measured category resource.
Evidence · table
“0.78”
Context: 122,363
indicatedNickel Shäw Project · nickelTonnes: 314332000Contained Metal: 1792000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- nickel
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 1792000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated contained metal for nickel, providing good confidence for the PFS.
Positive factors
- Large Indicated category contained metal.
- Significant contained metal for nickel.
Evidence · table
“1,792”
Context: 314,332
indicatedNickel Shäw Project · copperTonnes: 314332000Contained Metal: 871000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 871000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated contained metal for copper, contributing to the project's polymetallic nature.
Positive factors
- Large Indicated category contained metal.
Evidence · table
“871”
Context: 314,332
indicatedNickel Shäw Project · cobaltTonnes: 314332000Contained Metal: 99000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- cobalt
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 99000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated contained metal for cobalt, adding to the critical mineral profile.
Positive factors
- Large Indicated category contained metal.
Evidence · table
“99”
Context: 314,332
indicatedNickel Shäw Project · palladiumTonnes: 314332000Contained Metal: 2385000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- palladium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 2385000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated contained metal for palladium, contributing to the PGM basket.
Positive factors
- Large Indicated category contained metal.
Evidence · table
“2,385”
Context: 314,332
indicatedNickel Shäw Project · platinumTonnes: 314332000Contained Metal: 2197000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- platinum
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 2197000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated contained metal for platinum, contributing to the PGM basket.
Positive factors
- Large Indicated category contained metal.
Evidence · table
“2,197”
Context: 314,332
indicatedNickel Shäw Project · goldTonnes: 314332000Contained Metal: 361000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Contained Metal
- 361000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated contained metal for gold, adding to the polymetallic value.
Positive factors
- Large Indicated category contained metal.
Evidence · table
“361”
Context: 314,332
indicatedNickel Shäw Project · magnesiumTonnes: 314332000Grade: 17.26Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- magnesium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Grade
- 17.26
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated resource for magnesium, potentially relevant for carbon sequestration efforts.
Positive factors
- Large Indicated category resource.
Evidence · table
“17.26”
Context: 314,332
indicatedNickel Shäw Project · sulfurTonnes: 314332000Grade: 0.64Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- sulfur
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332000
- Grade
- 0.64
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Indicated resource for sulfur, which can be relevant for processing or environmental considerations.
Positive factors
- Large Indicated category resource.
Evidence · table
“0.64”
Context: 314,332
indicatedNickel Shäw Project · nickelTonnes: 436695000Contained Metal: 2471000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- nickel
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 2471000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A very large combined Measured and Indicated contained metal for nickel, forming a strong basis for the PFS.
Positive factors
- Very large combined Measured and Indicated contained metal.
- Significant contained metal for nickel.
Evidence · table
“2,471”
Context: 436,695
indicatedNickel Shäw Project · copperTonnes: 436695000Contained Metal: 1281000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 1281000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated contained metal for copper, contributing significantly to the project's value.
Positive factors
- Very large combined Measured and Indicated contained metal.
Evidence · table
“1,281”
Context: 436,695
indicatedNickel Shäw Project · cobaltTonnes: 436695000Contained Metal: 137000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- cobalt
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 137000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated contained metal for cobalt, enhancing the critical mineral profile.
Positive factors
- Very large combined Measured and Indicated contained metal.
Evidence · table
“137”
Context: 436,695
indicatedNickel Shäw Project · palladiumTonnes: 436695000Contained Metal: 3290000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- palladium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 3290000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated contained metal for palladium, adding significant PGM value.
Positive factors
- Very large combined Measured and Indicated contained metal.
Evidence · table
“3,290”
Context: 436,695
indicatedNickel Shäw Project · platinumTonnes: 436695000Contained Metal: 3141000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- platinum
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 3141000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated contained metal for platinum, adding significant PGM value.
Positive factors
- Very large combined Measured and Indicated contained metal.
Evidence · table
“3,141”
Context: 436,695
indicatedNickel Shäw Project · goldTonnes: 436695000Contained Metal: 545000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Contained Metal
- 545000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated contained metal for gold, contributing to the polymetallic value.
Positive factors
- Very large combined Measured and Indicated contained metal.
Evidence · table
“545”
Context: 436,695
indicatedNickel Shäw Project · magnesiumTonnes: 436695000Grade: 16.92Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- magnesium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Grade
- 16.92
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated resource for magnesium, potentially relevant for carbon sequestration efforts.
Positive factors
- Very large combined Measured and Indicated resource.
Evidence · table
“16.92”
Context: 436,695
indicatedNickel Shäw Project · sulfurTonnes: 436695000Grade: 0.68Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- sulfur
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 436695000
- Grade
- 0.68
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large combined Measured and Indicated resource for sulfur, which can be relevant for processing or environmental considerations.
Positive factors
- Very large combined Measured and Indicated resource.
Evidence · table
“0.68”
Context: 436,695
inferredNickel Shäw Project · nickelTonnes: 114016000Contained Metal: 668000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- nickel
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 668000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred contained metal for nickel, indicating exploration potential but requiring further drilling to upgrade confidence.
Positive factors
- Significant contained metal for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“668”
Context: 114,016
inferredNickel Shäw Project · copperTonnes: 114016000Contained Metal: 339000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- copper
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 339000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred contained metal for copper, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“339”
Context: 114,016
inferredNickel Shäw Project · cobaltTonnes: 114016000Contained Metal: 37000000Contained Unit: lbsView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- cobalt
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 37000000
- Contained Unit
- lbs
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred contained metal for cobalt, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“37”
Context: 114,016
inferredNickel Shäw Project · palladiumTonnes: 114016000Contained Metal: 916000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- palladium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 916000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred contained metal for palladium, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“916”
Context: 114,016
inferredNickel Shäw Project · platinumTonnes: 114016000Contained Metal: 733000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- platinum
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 733000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred contained metal for platinum, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“733”
Context: 114,016
inferredNickel Shäw Project · goldTonnes: 114016000Contained Metal: 128000Contained Unit: ozView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Contained Metal
- 128000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred contained metal for gold, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“128”
Context: 114,016
inferredNickel Shäw Project · magnesiumTonnes: 114016000Grade: 17.46Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- magnesium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Grade
- 17.46
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred resource for magnesium, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“17.46”
Context: 114,016
inferredNickel Shäw Project · sulfurTonnes: 114016000Grade: 0.69Grade Unit: %View all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- sulfur
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016000
- Grade
- 0.69
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: An Inferred resource for sulfur, indicating exploration potential.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“0.69”
Context: 114,016
Fact 33Nickel Shäw Project · cobaltView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- cobalt
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: Calculated recovery for cobalt in the nickel concentrate, contributing to overall project economics.
Negative factors
- Recovery is theoretical, not from actual testwork.
Evidence · table
“53.64 %”
Context: Ni con:
Fact 34Nickel Shäw Project · palladiumView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- palladium
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: Calculated recovery for palladium in the nickel concentrate, contributing to overall project economics.
Negative factors
- Recovery is theoretical, not from actual testwork.
Evidence · table
“50.81 %”
Context: Ni con:
Fact 35Nickel Shäw Project · platinumView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- platinum
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: Calculated recovery for platinum in the nickel concentrate, contributing to overall project economics.
Negative factors
- Recovery is theoretical, not from actual testwork.
Evidence · table
“46.89 %”
Context: Ni con:
Fact 36Nickel Shäw Project · goldView all detailsHide details
Identity
- Project
- Nickel Shäw Project
- Commodity
- gold
- Region
- canada_yt
- Reported Region
- Yukon, Canada
- Ticker
- NCP
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: Calculated recovery for gold in the nickel concentrate, contributing to overall project economics.
Negative factors
- Recovery is theoretical, not from actual testwork.
Evidence · table
“50.82 %”
Context: Ni con:
measurednickelTonnes: 122363Grade: 679Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 679
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“679”
Context: 122,363
measuredcopperTonnes: 122363Grade: 411Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 411
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“411”
Context: 122,363
measuredcobaltTonnes: 122363Grade: 38Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 38
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“38”
Context: 122,363
measuredpalladiumTonnes: 122363Grade: 905Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 905
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“905”
Context: 122,363
measuredplatinumTonnes: 122363Grade: 944Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 944
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“944”
Context: 122,363
measuredgoldTonnes: 122363Grade: 184Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 184
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“184”
Context: 122,363
measuredsulfurTonnes: 122363Grade: 0.78Grade Unit: %View all detailsHide details
Identity
- Commodity
- sulfur
- Ticker
- NCP
Resource Data
- Category
- measured
- Tonnes
- 122363
- Grade
- 0.78
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Measured resource for nickel, providing high confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- High confidence Measured category resource.
- Significant tonnage for nickel.
Evidence · table
“0.78”
Context: 122,363
indicatednickelTonnes: 314332Grade: 1792Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 1792
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“1,792”
Context: 314,332
indicatedcopperTonnes: 314332Grade: 871Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 871
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“871”
Context: 314,332
indicatedcobaltTonnes: 314332Grade: 99Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 99
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“99”
Context: 314,332
indicatedpalladiumTonnes: 314332Grade: 2385Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 2385
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“2,385”
Context: 314,332
indicatedplatinumTonnes: 314332Grade: 2197Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 2197
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“2,197”
Context: 314,332
indicatedgoldTonnes: 314332Grade: 361Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 361
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“361”
Context: 314,332
indicatedsulfurTonnes: 314332Grade: 0.64Grade Unit: %View all detailsHide details
Identity
- Commodity
- sulfur
- Ticker
- NCP
Resource Data
- Category
- indicated
- Tonnes
- 314332
- Grade
- 0.64
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A substantial Indicated resource for nickel, providing good confidence for the PFS. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Large Indicated category resource.
- Significant tonnage for nickel.
Evidence · table
“0.64”
Context: 314,332
inferrednickelTonnes: 114016Grade: 668Grade Unit: %View all detailsHide details
Identity
- Commodity
- nickel
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 668
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“668”
Context: 114,016
inferredcopperTonnes: 114016Grade: 339Grade Unit: %View all detailsHide details
Identity
- Commodity
- copper
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 339
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“339”
Context: 114,016
inferredcobaltTonnes: 114016Grade: 37Grade Unit: %View all detailsHide details
Identity
- Commodity
- cobalt
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 37
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“37”
Context: 114,016
inferredpalladiumTonnes: 114016Grade: 916Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- palladium
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 916
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“916”
Context: 114,016
inferredplatinumTonnes: 114016Grade: 733Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- platinum
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 733
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“733”
Context: 114,016
inferredgoldTonnes: 114016Grade: 128Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 128
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“128”
Context: 114,016
inferredsulfurTonnes: 114016Grade: 0.69Grade Unit: %View all detailsHide details
Identity
- Commodity
- sulfur
- Ticker
- NCP
Resource Data
- Category
- inferred
- Tonnes
- 114016
- Grade
- 0.69
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-08-24T00:00:00.000Z
Reasoning: A large Inferred resource for nickel, indicating exploration potential but requiring further drilling to upgrade confidence. (Expanded from multi-commodity resource table for completeness.)
Positive factors
- Significant tonnage for nickel.
Negative factors
- Inferred category has lower geological confidence.
Evidence · table
“0.69”
Context: 114,016
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.