Prophecy Resource Corp. (PCY.V) and Pacific Coast Nickel Corp. (NKL.V) announced the commencement of an expansion drilling program on its Wellgreen PGM Ni-Cu Project, located in the Yukon Territory, Canada. The program has been commenced by Prophecy and will be completed by PCNC following the completion of the arrangement transaction whereby PCNC will acquire the Lynn Lake and Wellgreen properties from Prophecy.
The program will comprise of 8,000 meters of solid-core diamond drilling from May to September with up to 3 drills to test minimum 17 infill and exploration targets. PCY has edged down 1 cent to 72 cents. NKL last traded at 10 cents.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.