Wellgreen Platinum announced the departure of CEO Greg Johnson this morning, with no details in the short news release on why he left. Wellgreen is advancing a PGM-nickel project in Yukon off the Alaska Highway. The move comes less than a month after the company closed an $11.4-million financing with investors including Resource Capital Funds and Alverstoke… Continue Reading
Over the past 2 days in the Yukon we’ve learned about the Klondike’s history, flown into a highly prospective gold exploration project, and seen one of Canada’s richest silver districts. On Day 3 of our trip we visited Wellgreen Platinum (TSX:WG), which hopes to become one of the largest and lowest cost, open pit PGM-Nickel mines in… Continue Reading
The vast-majority of global platinum production comes from tough jurisdictions like South Africa and Russia. Wellgreen Platinum (WG:TSX) has one of the world’s largest undeveloped PGM deposits located in the mining friendly Yukon. An updated PEA was released today (here’s the news release) showing after-tax NPV of CAD$1.2 billion with an after-tax IRR of 24.6% at a 7.5% discount rate. Wellgreen… Continue Reading
