PGM-NICKEL: Wellgreen traces mineralization over 2.5 km

YUKON – Vancouver-based Wellgreen Platinum says that the latest results of its recent field program have traced PGM-nickel-copper mineralization over a length of 2.5 km at its Wellgreen property 320 km northwest of Whitehorse. The strike is bracketed by the Far West zone on one end and the Far East zone on the other.

Hole 208 in the Far West zone encountered mineralization from surface to 142.5 metres, and the assays returned grades of 3.76 g/t PtEq or 0.89% NiEq. Hole 209 intercepted 69.6 metres grading 3.55 g/t PtEq or 0.85% NiEq, and drill hole 220 intercepted 150.0 metres from surface that graded 2.67 g/t PtEq or 0.63% NiEq, including 54.0 metres grading 3.91 g/t PtEq or 0.93% NiEq.

Wellgreen noted that there are two ultramafic bodies in the Far West zone. Only limited drilling has been done in the southern one, but the northern body is better defined. It spans 175 metres at surface and exhibits the highest copper grades. Both zones are open at  depth.

A complete table of drill results is posted at WellgreenPlatinum.com in the news release for May 14, 2014. Interested readers can also subscribe to Wellgreen's news releases at the website.