# Nickel Creek Platinum Announces Positive PFS for its Nickel Sh&amp;\#xE4;w Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3

Original source: https://money.tmx.com/en/quote/NCP/news/4731261434899147/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project

Publisher: tmx

Original announcement: 2023-08-24T22:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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: 2026-09-12 15:27:27 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Nickel Creek Platinum announced a positive Pre-Feasibility Study \(PFS\) for its Nickel Shäw Project in Yukon, Canada, reporting an after-tax NPV of $143 million and an IRR of 5.8%. The project hosts a substantial updated mineral resource estimate, with 79.3% in the Measured and Indicated categories, containing over 2.4 billion pounds of nickel and 1.2 billion pounds of copper. The PFS outlines a conventional open pit operation with a 45,000 tpd concentrator, and identifies opportunities for value enhancement through energy cost reductions, metallurgical optimization, and further exploration.

Reasoning: The positive PFS for the Nickel Shäw Project outlines a large polymetallic resource with high Measured and Indicated confidence, but presents relatively low after-tax NPV and IRR. While the resource scale is significant, average grades are low, and metallurgical recoveries are currently based on theoretical calculations rather than actual test results, indicating areas for further optimization and de-risking.

- Positive factor: large\_resource\_base

- Positive factor: high\_measured\_indicated\_confidence

- Positive factor: qp\_signed

- Positive factor: ni\_43\_101\_compliant

- Positive factor: pfs\_completed

- Positive factor: identified\_value\_enhancement\_opportunities

- Negative factor: low\_pfs\_economics

- Negative factor: low\_average\_grades

- Negative factor: theoretical\_recoveries\_only

- Negative factor: long\_payback\_period

- Negative factor: complex\_mineralogy\_indicated

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 56

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: The resource estimate and metallurgical work are presented as part of a Pre-Feasibility Study.

Evidence · text

> results of a positive pre-feasibility study \("PFS"\)

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The resource estimate includes a Measured category of 122,363 ktonnes.

Evidence · table

> Measured

Context: 122,363

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource estimate includes an Indicated category of 314,332 ktonnes.

Evidence · table

> Indicated

Context: 314,332

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes an Inferred category of 114,016 ktonnes.

Evidence · table

> Inferred

Context: 114,016

**QP/CP Signed**

Polarity: positive

Definition: 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: The technical information was reviewed and approved by Gordon Zurowski of AGP and Gordon Marrs of XPS, both 'qualified persons' as defined in NI 43-101.

Evidence · text

> Gordon Zurowski of AGP. Mr. Zurowski is a "qualified person" as defined in NI 43-101

**NI 43-101 Compliant**

Polarity: positive

Definition: 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 \("NI 43-101"\)

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The project contains over 2.4 billion pounds of nickel and 1.2 billion pounds of copper in the Measured and Indicated categories, indicating a significant scale.

Evidence · text

> With over 2.4 billion pounds of nickel, 1.2 billion pounds of copper, 6.9 million ounces of PGMs and 137 million pounds of cobalt in the measured and indicated mineral resource categories

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: NSR cut-off grades ranging from $17.30 to $17.61 Canadian dollars are disclosed for the resource determination.

Evidence · text

> NSR cut-off grades range from $17.30 to $17.61 Canadian dollars

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The PFS contemplates processing ore through a conventional Ni-Cu-PGM flotation concentrator.

Evidence · text

> The ore would be fed into a conventional Ni-Cu-PGM flotation concentrator

**Theoretical Recovery Only**

Polarity: negative

Definition: Only theoretical or liberation-derived recovery reported, with no actual test result.

Why it applies: Metallurgical recoveries for Co, Pd, Pt, Au are presented as calculated percentages, and Ni/Cu recoveries are based on equations, rather than actual test results.

Evidence · text

> Calculated process recoveries by concentrate type

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: Calculated gold recovery to bulk concentrate is 74.4%, which is below the weak band for gold flotation.

Evidence · table

> 74.4 %

Context: Bulk con:

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: The technical information related to metallurgical testing includes '2022-23 variability testwork', suggesting multiple ore domains were considered.

Evidence · text

> 2022-23 variability testwork

**Refractory Ore**

Polarity: negative

Definition: Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The presence of brucite in ultramafic rocks, assessed for carbon sequestration, indicates complex mineralogy that could impact processing.

Evidence · text

> Test work conducted in 2022 confirmed the presence of brucite \(a magnesium-rich mineral known to react quickly with CO2 in air\)

## Extracted facts

Stored fact records: 56. Some facts used in scoring do not have a stored record.

## Resource Estimates (52)

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-0)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 679
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.25

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-1)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.15
- Grade Unit: %
- Contained Metal: 411
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.15% Cu, adding to the polymetallic nature of the deposit.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.15

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-2)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.014
- Grade Unit: %
- Contained Metal: 38
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.014% Co, providing a valuable byproduct.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.014

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-3)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.23
- Grade Unit: g/t
- Contained Metal: 905
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.23 g/t Pd, contributing to the PGM basket.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.23

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-4)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.24
- Grade Unit: g/t
- Contained Metal: 944
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.24 g/t Pt, contributing to the PGM basket.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.24

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-5)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.05
- Grade Unit: g/t
- Contained Metal: 184
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.05 g/t Au, adding to the polymetallic value.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.05

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-6)

Nickel Shäw Project · magnesium

#### Identity

- Project: Nickel Shäw Project
- Commodity: magnesium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 16.03
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 16.03% Mg, noted as a constituent of the ultramafic host rock.

Evidence · table

> 16.03

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-7)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:5e6e524ee31909cc8158
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363000
- Grade: 0.78
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.78% S, relevant for metallurgical considerations.

Evidence · table

> 0.78

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-8)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.26
- Grade Unit: %
- Contained Metal: 1792
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.26

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-9)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.13
- Grade Unit: %
- Contained Metal: 871
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.13% Cu, adding to the polymetallic nature of the deposit.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.13

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-10)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.014
- Grade Unit: %
- Contained Metal: 99
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.014% Co, providing a valuable byproduct.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.014

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-11)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.24
- Grade Unit: g/t
- Contained Metal: 2385
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.24 g/t Pd, contributing to the PGM basket.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.24

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-12)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.22
- Grade Unit: g/t
- Contained Metal: 2197
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.22 g/t Pt, contributing to the PGM basket.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.22

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-13)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.04
- Grade Unit: g/t
- Contained Metal: 361
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.04 g/t Au, adding to the polymetallic value.

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.04

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-14)

Nickel Shäw Project · magnesium

#### Identity

- Project: Nickel Shäw Project
- Commodity: magnesium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 17.26
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 17.26% Mg, noted as a constituent of the ultramafic host rock.

Evidence · table

> 17.26

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-15)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:a70b7aba3d0ba091c95f
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332000
- Grade: 0.64
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.64% S, relevant for metallurgical considerations.

Evidence · table

> 0.64

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-16)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.27
- Grade Unit: %
- Contained Metal: 668
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.27

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-17)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.13
- Grade Unit: %
- Contained Metal: 339
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.13% Cu, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.13

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-18)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.015
- Grade Unit: %
- Contained Metal: 37
- Contained Unit: m lbs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.015% Co, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.015

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-19)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.25
- Grade Unit: g/t
- Contained Metal: 916
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.25 g/t Pd, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.25

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-20)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.2
- Grade Unit: g/t
- Contained Metal: 733
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.20 g/t Pt, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.20

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-21)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.04
- Grade Unit: g/t
- Contained Metal: 128
- Contained Unit: k ozs

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.04 g/t Au, representing potential but with lower geological confidence.

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.04

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-22)

Nickel Shäw Project · magnesium

#### Identity

- Project: Nickel Shäw Project
- Commodity: magnesium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 17.46
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 17.46% Mg, noted as a constituent of the ultramafic host rock.

- Negative factor: low\_confidence\_category

Evidence · table

> 17.46

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-23)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:832a4dde8dce862846e0
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016000
- Grade: 0.69
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.69% S, relevant for metallurgical considerations.

- Negative factor: low\_confidence\_category

Evidence · table

> 0.69

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-28)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 679
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 679

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-29)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 411
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 411

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-30)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 38
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 38

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-31)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 905
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 905

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-32)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 944
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 944

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-33)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 184
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 184

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-34)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:eb12380d65bfc6b6e1de
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: measured
- Tonnes: 122363
- Grade: 0.78
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Measured resource of 122.4 Mt at 0.25% Ni, contributing to a significant overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.78

Context: 122,363

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-35)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 1792
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 1,792

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-36)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 871
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 871

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-37)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 99
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 99

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-38)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 2385
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 2,385

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-39)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 2197
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 2,197

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-40)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 361
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 361

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-41)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:d2570e789586f8ec4652
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 314332
- Grade: 0.64
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Indicated resource of 314.3 Mt at 0.26% Ni, significantly contributing to the overall resource base. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Positive factor: high\_confidence\_category

Evidence · table

> 0.64

Context: 314,332

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-42)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 2471
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 2,471

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-43)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 1281
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 1,281

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-44)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 137
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 137

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-45)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 3290
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 3,290

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-46)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 3141
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 3,141

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-47)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 545
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 545

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-48)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:14f8028959fcaa4437e9
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 436695
- Grade: 0.68
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.68

Context: 436,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-49)

Nickel Shäw Project · nickel

#### Identity

- Project: Nickel Shäw Project
- Commodity: nickel
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 668
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 668

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-50)

Nickel Shäw Project · copper

#### Identity

- Project: Nickel Shäw Project
- Commodity: copper
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 339
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 339

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-51)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 37
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 37

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-52)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 916
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 916

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-53)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 733
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 733

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-54)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 128
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 128

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-resource-facts-55)

Nickel Shäw Project · sulfur

#### Identity

- Project: Nickel Shäw Project
- Commodity: sulfur
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Resource scope

- Estimate type: resource
- Effective date: 2023-04-03T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Gordon Zurowski, Cameron Bell
- Resource group id: resource:f6b3a35313b05e336a6a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 114016
- Grade: 0.69
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2023-04-03

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Inferred resource of 114.0 Mt at 0.27% Ni, representing potential but with lower geological confidence. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: large\_tonnage

- Negative factor: low\_confidence\_category

Evidence · table

> 0.69

Context: 114,016

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: 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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## Metallurgical Results (4)

### calculated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-metallurgical-facts-24)

Nickel Shäw Project · cobalt

#### Identity

- Project: Nickel Shäw Project
- Commodity: cobalt
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Test Work

- Program Status: detailed
- Test Type: calculated
- Processing Route: flotation \(nickel concentrate\)

#### Recovery

- Recovery: 53.64 %
- Recovery Basis: theoretical

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Calculated recovery of 53.64% Co to nickel concentrate, providing an estimate for byproduct recovery.

- Negative factor: theoretical\_recovery\_only

Evidence · table

> 53.64 %

Context: Ni con:

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Theoretical Recovery Only**

Polarity: negative

Definition: Only theoretical or liberation-derived recovery reported, with no actual test result.

Why it applies: recovery\_basis is theoretical

### calculated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-metallurgical-facts-25)

Nickel Shäw Project · palladium

#### Identity

- Project: Nickel Shäw Project
- Commodity: palladium
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Test Work

- Program Status: detailed
- Test Type: calculated
- Processing Route: flotation \(nickel concentrate\)

#### Recovery

- Recovery: 50.81 %
- Recovery Basis: theoretical

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Calculated recovery of 50.81% Pd to nickel concentrate, providing an estimate for PGM recovery.

- Negative factor: theoretical\_recovery\_only

Evidence · table

> 50.81 %

Context: Ni con:

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Theoretical Recovery Only**

Polarity: negative

Definition: Only theoretical or liberation-derived recovery reported, with no actual test result.

Why it applies: recovery\_basis is theoretical

### calculated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-metallurgical-facts-26)

Nickel Shäw Project · platinum

#### Identity

- Project: Nickel Shäw Project
- Commodity: platinum
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Test Work

- Program Status: detailed
- Test Type: calculated
- Processing Route: flotation \(nickel concentrate\)

#### Recovery

- Recovery: 46.89 %
- Recovery Basis: theoretical

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Calculated recovery of 46.89% Pt to nickel concentrate, providing an estimate for PGM recovery.

- Negative factor: theoretical\_recovery\_only

Evidence · table

> 46.89 %

Context: Ni con:

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Theoretical Recovery Only**

Polarity: negative

Definition: Only theoretical or liberation-derived recovery reported, with no actual test result.

Why it applies: recovery\_basis is theoretical

### calculated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nickel-creek-platinum-announces-positive-pfs-for-its-nickel-sh-xe4-w-project--0b6afc62-aacc-432d-a86c-67a92f7976a3#fact-metallurgical-facts-27)

Nickel Shäw Project · gold

#### Identity

- Project: Nickel Shäw Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon, Canada
- Ticker: NCP

#### Test Work

- Program Status: detailed
- Test Type: calculated
- Processing Route: flotation \(nickel concentrate\)

#### Recovery

- Recovery: 50.82 %
- Recovery Basis: theoretical

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-08-24T00:00:00.000Z

Reasoning: Calculated recovery of 50.82% Au to nickel concentrate, which is below typical expectations for gold flotation and based on theoretical assumptions.

- Negative factor: theoretical\_recovery\_only

- Negative factor: low\_recovery

Evidence · table

> 50.82 %

Context: Ni con:

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Theoretical Recovery Only**

Polarity: negative

Definition: Only theoretical or liberation-derived recovery reported, with no actual test result.

Why it applies: recovery\_basis is theoretical

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 50.82% is below the weak band \(80%\)

## 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.
