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Stuart Harshaw, CEO, Nickel Creek Platinum Corp. (TSX: NCP) Provides Highlights of Recent Drill Results and Discusses Advancing the Company’s 100%-Owned Nickel Shäw Project, Yukon, Towards Becoming Canada's Next World-Class Nickel Sulphide Mine

on 10/29/2021
We spoke with Stuart Harshaw, CEO of Nickel Creek Platinum Corp. (TSX: NCP): a Canadian mining exploration and development Company, focused on advancing its 100%-owned Nickel Shäw Project, located in the Yukon, towards becoming Canada's next world-class nickel sulphide mine. The Nickel Shäw Project is a large, undeveloped, nickel sulphide project, in one of the most favorable jurisdictions in the world, with an attractive mix of metals, including copper, cobalt and platinum group metals. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse, via the paved Alaska Highway, which supports year-round access to deep-sea shipping ports in southern Alaska. In addition, the project will have a low carbon footprint, through a process of coil carbon sequestration, which is the absorption of carbon dioxide from the tailings. Mr. Harshaw believes that Nickel Creek is at a critical point, in the nickel cycle, and offers a huge opportunity for investors to be part of the EV market and a project that will move forward.

Nickel Creek Platinum Corp.

Dr. Allen Alper: This is Dr. Allen Alper, Editor-In-Chief of Metals News, talking with Stuart Harshaw, who is CEO of Nickel Creek Nickel Platinum. Stuart, could you tell our readers/investors about the Company’s recent news release on intersecting near surface massive sulphide nickel-copper mineralization at the Nickel Shäw Project?

Stuart Harshaw: Absolutely. One of the critical milestones, we’ve completed recently, is an exploration program on our 18-kilometer ultramafic trend. We drilled 12 holes this summer, completing in August. We were able to discover, in five of the six holes that we hit massive sulfide mineralization. This is critical for us because the idea is not only to advance the established mineral resources at the Wellgreen deposit, but also to seek to find high-grade massive sulfide lenses on our property that can be brought in early into the project and thus improve its economics.

This has been a very successful season for us. We have encountered massive sulfide intervals grading approximately 1.22% to 3.85% nickel and 0.92% and 2.77% copper. And that's over 1 to 4.3-meter intervals, which is significant, in terms of the possibility to do what we're looking for, which is an open pit, because it's at 30 to 60 meters in depth. So, it's near surface, high grade, with lots of opportunity. Now we only half half of our results, and we have the other half of the results, for the remaining holes, coming out shortly. What we're hoping to do is summarize the opportunity that this represents for Nickel Creek Platinum, moving forward.

Dr. Allen Alper: That sounds excellent, especially since the news comes on the heels of a strong nickel market. Could you tell our readers/investors a little bit about the supply and demand outlook for nickel and some of the other metals that are essential for electric vehicles?

Stuart Harshaw: Essentially, to make approximately 20 million cars, it takes about 750,000 tons of nickel. Right now, forecasts are showing EV markets being at about 20 million by 2025 and then expecting to grow further by 2030. So, the estimates on the nickel side are that we're going to need to double the nickel markets, over the next 10 years. Doubling a commodity is an incredibly challenging task to do for the industry. So there's going to be lots of opportunity, in the nickel space, to grow projects like ourselves, Nickel Creek Platinum.

Dr. Allen Alper: Oh, that sounds fantastic. Could you tell our readers/investors a little bit about how your project will have a low carbon footprint?

Stuart Harshaw: The ESG component of all companies is coming to the forefront, and Nickel Creek is one of those projects that has an opportunity to drive towards zero carbon. This is done through a process of coil carbon sequestration, which is the absorption of carbon dioxide from the tailings, which are made up of serpentine, one of the minerals. Essentially, you get credit for the carbon dioxide that is absorbed over the course of the mine life, when the tailings are put down, and that drives you towards a zero carbon-type footprint, this is critical for smelters and consumers of the metals, as the carbon footprint flows through the supply chain all the way to the finished products.

Dr. Allen Alper: It sounds excellent. Could you tell our readers/investors how your project compares to others?

Stuart Harshaw: From a nickel equivalent point of view, we have about 0.5% nickel. The key here is that we have very good byproducts with the PGMs and copper. As a result, we are well placed, from a value perspective, to get this project moving forward, compared to others in our market that are more traditionally nickel plays only. The other opportunity that we have is that in the Yukon there's a big push to move forward on the resources and we're going to take advantage of that and try to move our project forward, preferentially, over other jurisdictions.

Dr. Allen Alper: Well, that sounds excellent, and it's great to have such excellent drilling results, the opportunity for open pit mining, and the potential to expand the mineral resources at the project. Stuart, is there anything else you'd like to add?

Stuart Harshaw:Nickel Creek is at a critical point in the nickel cycle. So, we offer a huge opportunity for investors to be part of the long-term growth story of electric vehicles, and the project moving forward.

Dr. Allen Alper: Well, that sounds outstanding. I think Nickel Creek is a critical project for the future and for the new economy, and I think that's excellent and a great opportunity for our readers/investors.

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