[Music] thank you welcome to CEO insights I'm Marilyn De Guzman with investing News Network I'm speaking with Stuart harshoff president and CEO of Nickel Creek platinum and Stuart is giving us an update on recent developments at its nickel shop project in the Yukon welcome Stuart welcome thank you very much mayor yeah thanks for joining us today let's start a conversation with just you providing an overview about the company for investors that um you know are not quite familiar with it


all right absolutely so Nickel Creek Platinum is a junior mining company with uh property in the Yukon we have approximately 150 square kilometers of land in the Yukon where we have an existing resource uh called the well-green deposit and this uh this deposit is nickel copper Cobalt platinum and Palladium so very much the critical medals that everybody's talking about and it's really at the stage right now where we're we're starting to look towards the moving along the development


curve and are working at a on a PFS as well as working on exploration Targets on that property right and speaking of that project so you've uh released some recent highlights of the drill that you've done at the project can you talk a bit more about that certainly um so outside of the well-green deposit that we actually have we've have many different targets along uh it's about approximately an 18 kilometer ultramafic Trend there and in one of the areas called Arch uh we have been very successful at hitting high


grade math of sulfide so in 2021 we had our first results in that area um and then we did a follow-up drill program last year and we just didn't announce those results and it was a continuation of high-grade massive sulfide intersex still open on the on the uh the down dip as well as a long strike and so there's still lots of opportunity to continue to explore and develop it we're really focused on this as a near surface because it's within you know five to sixty meters of the uh the surface that


has the potential to be an open pit type uh addition if you will to our existing Walgreens deposit I'll highlight a few of the numbers we intersecting two and a half percent nickel 1.6 copper with with over 2.3 uh grams per ton of uh Platinum Palladium and gold so this is a very rich intersex now they're not significant in terms of their their thickness so sort of that two to five meters but we have significant disseminated uh uh material surrounding it which is what we need in order to have a a pit so we're working


towards an inferred type resource uh right now we're it's an exploration Target if you will but we are looking at how this could be eventually brought into the overall project at this stage it won't be part of a PFS uh what more drilling would be required for that are you um what's the next step for that are you still sort of in the over the next uh year or so in the exploration stage or are you nearing towards a PFS or DFS yeah so the pfs's we're working on so we did the drilling last summer as well on


our well-green deposit to get to uh inferred over to the m i categories and and we also you know did all the Geotech hydrogeological uh you know Drilling and work uh required for for the PFS so we're currently expecting that PFS to be available for publishing sometime in that sort of June July uh time frame and that's really the next step for this uh this project is move it along that curve and that's really I would say the main focus of the company is developing that the opportunity these other targets uh


offer for us is is what I call sweeteners you know you can if you can bring in some high-grade material and you know in the first five years of an operation you can significantly improve the financials and so that's really what we're trying to do inside the the two programs one focusing on on the well green and the other you know just seeing if we can bring any other opportunities and you've mentioned you know the potential for open fit Mining and Edwin I understand that you know that's really


a an important distinction when you're doing low carbon uh you know low carbon operations uh can you talk about the potential for low carb carbon footprint operation for that project which I believe you've done some um uh reports on that absolutely so one of the uh challenges with the lower grade deposits is you're you're mining a lot of material so that's one of the uh that's why open pit is so critical the benefit of our uh our our project is that we actually have uh mineralization in our which would be in


our tailings as well as waste rock which would actually High mg so magnesium and it and essentially it will absorb the uh the carbon dioxide directly from the atmosphere or you can actually do manual methods of that and so the uniqueness of these these deposits is that it's significant amount of this mineralization um in the form of a Bruce site or something similar and we are able to prove that we have that minerals you know within within our tailings area so the work that was done by Dr Dipple and


at a UBC was was excellent for us in terms of just we haven't finished quantifying so you know the carbon world is a little bit different still it's not a hundred percent clear on how you're going to manage to get the credits and how do you you know create those credits into a financial uh you know uh project but it's it's definite that we're going to have a lower carbon footprint as a result and that's the key to it so it's it's called carbon sequestration for for


all the listeners and it's something that you're going to hear a lot more of as people are focused very much on all aspects of uh of of the ESG side of of the business and and the carbon is you know first and foremost amongst a lot of people's conversations on how we can improve the world right and it's it's really interesting to me um you know especially coming from the resource sector which you know historically has not really had um you know the reputation that people you


know would like to see and you know seeing companies such as yourself that are investing in doing the studies in terms of uh how you can operate uh in a lesser carbon footprint with carbon sequestration is really it's really interesting and I think you know investors are more and more looking into into these sort of um things right yeah the the ESG is so I mean to me no longer can you just assume that just because it's in their ground that you have the right to mine it um you need to be you know all my every Everybody in


the resource area is very attuned to that to that need especially within North America so you know having a project within North America we we're very conscious of that very focused on environment uh very focused on the wildlife very focused on local communities both from benefit and to ensure that you know from a long-term basis that we're providing a benefit to the local communities and this is something that all companies need to to keep foremost in their in their evaluations and so carbon is a piece of


it and a very important piece we know that it's driving the whole critical minerals it's driving the the EV electrification of the the vehicles Etc um to me the the key thing for projects like us is we have very good relationships with our local Kalani First Nation we engage them in all aspects of our business we Engage The Local Government on all aspects of our business we do all the wildlife water sampling we are fortunate that we're not part of the salmon if you will uh Rivers so we don't


have some of the other issues that you would get in in the western uh North America where there's a lot of you know mining operations that will impact salmon for instance um we're lucky that we're not within that category so that's got to be the focus so you got to be mining the right place and for the right reasons that's good and I as I understand um you recently announced Capital racing can you talk a bit more about this and what that's for uh sure so capital for us we're raising


uh because we're putting out the uh the PFS where our our uh corporate monies kind of run out in in this summer and so what we want is have a bit more runway in order to present the PFS and to work on you know opportunities that we have with within the governments of Canada and the US to help fund the next phase which is really the feasibility uh putting a feasibility together and so the the monies that we're raising right now it's a non-brokered uh if you will uh with uh you know major shareholders


support uh to fund us so that we have some runway in order to you know land the PFS and then move towards uh the feasibility study so what are the next steps what can the investor Community expect from the company for the rest of the year yeah so it's very exciting times to be honest with you because you know when you're actually put out of you know a large document to like the PF assets it's going to be a lot of time to to get that in front of investors get that in front of if you will the the industry


and and really what you're going to see is a lot of work being done to prep us for the next phase uh the nickel world is uh it's here uh with the next 10 years is going to be very critical for for for the world to get as much nickel and clean nickel and you know when I say clean we talk about low carbon nickels so when you're going to be driving your car that's electric and you're doing it as part of your commitment to to you know lowering the carbon footprint of the world you don't want a high carbon


nickel going into your car and and really you know that's what our project would offer is a low carbon opportunity and so we see that coming online you know in the next decade for sure and and being you know part of this uh you know Evolution or revolution depending on how you uh you want to term it yeah that's that's a great way to put it because you know as you know uh this whole uh Quest or Journey towards electrification we have to look at the whole Supply or value chain right that


everything is sustainable from expiration Up Until the End user exactly and it's very very important that everybody understand it including the investors right you get so much information nowadays um it's a kind of information overload um and it's really about trying to find the correct and you know the information the information that's unbiased and and straightforward and that's that's that's really I think a piece of what needs to be done a bit more within this electrification process


in order that people understand you know what are the the minerals that are going into the into the batteries what are the net benefits and and the positive aspects that we're we're gaining from from lowering our overall world you know fossil fuel consumption Etc so well I appreciate you coming here and sharing your insights on this and looking forward to hearing more news from your company as you develop your uh PFS yeah thank you very much I'm uh very excited to get in front and uh


you know I just suggest everyone listen and look out for us because it's going to be an interesting time thank you and join us again next time everyone for another engaging conversation on Co insights thank you