Disco Zone Discovery

The Disco Zone was discovered in April, 2008.  Drilling at the Disco Zone has outlined a shallow, arcuate body with a total length of 100m and an average width of 16m. To date, the mineralization has been intersected to a depth of 274m. The Disco Zone remains open to the southwest and at depth.

Disco Zone Drill Results

• LL015 intersected 18m of 1.5% nickel, 0.7% copper and 0.04% cobalt.
• LL016 intersected 14m of 1.4% nickel, 0.7% copper and 0.03% cobalt.
• LL017 intersected 22m of 0.7% nickel, 0.4% copper and 0.02% cobalt.
• LL018 intersected 5m of 1.1% nickel, 0.6% copper and 0.03% cobalt.
• LLN-034 intersected 24.9 meters of 0.8% nickel, 0.6% copper and 0.02% cobalt.
• LLN-035 intersected 8.8 meters of 1.3% nickel, 1.0% copper and 0.03% cobalt.
• LLN-036 intersected 21.1 meters of 0.7% nickel, 0.6% copper and 0.02% cobalt.
• LLN-037 intersected 11.7 meters of 0.6% nickel, 0.6% copper and 0.01% cobalt.
• LLN-040 intersected 9.5 meters of 0.7% nickel, 0.4% copper and 0.02% cobalt.
• LLN-041 intersected 16 meters of 0.7% nickel, 0.5% copper, and 0.02% cobalt.
• LLN-043 intersected 47.1 meters of 0.7% nickel, 0.5% copper and 0.02% cobalt.
• LLN-044 intersected 9.4 meters of 0.7% nickel, 0.4% copper, 0.02% cobalt.
• LLN-045 intersected 12.4 meters of 0.7% nickel, 0.3% copper, and 0.02% cobalt.
• LLN-049 intersected 11.9 meters of 0.6% nickel, 0.4% copper, and 0.01% cobalt.
• LLN-055 intersected 8.6 meters of 0.7% nickel, 0.3% copper, and 0.03% cobalt.

Typical Lynn Lake orebodies have a surface expression of 80m by 20m (comparable to, or smaller than, the Disco Zone). They commonly display similar arcuate morphologies and are long, pipe-like bodies with an average depth-to-length aspect ratio of 8:1. Based on geological knowledge of the A-plug, the Disco Zone possesses many characteristics similar to some of the larger orebodies historically mined at Lynn Lake.

Prophecy had an 'induced polarization' (IP) geophysical survey completed in and around the Disco Zone.  In addition to characterizing mineralization within this zone, the geophysical survey also highlighted 10 similar targets.

Prophecy completed 3D modeling of the Disco Zone, in 2008, in order to aid in the interpretation of the controls and potential volume of the mineralization. This modeling has confirmed 'open-areas' in proximity to the Disco Zone both at depth and to the southeast of the zone as defined to date.

The 3D modeling has also confirmed the presence of a previously unknown structure that controls the mineralization and trends to the south-southwest direction. Historically, the Lynn Lake ore bodies were associated with a different, south-southeast trending structure. It is believed that this new structure is related to the historical structure and offers a similar exploration potential along its main trend. The main trend of this newly discovered controlling structure represents some of the highest potential for future discovery of near-surface mineralization.

The combined results of the 3D modeling and IP survey demonstrate the exploration potential at Lynn Lake, as well as the potential for the Disco Zone to become an important new resource.

• IP Map
  
• IP Map
• Chargeability Map
• Chargeability Map

• Lynn Lake Mining Leases
  
• Disco Zone Mineralization
• Disco Zone Mineralization
• Disco Zone Mineralization

• 3D Image of Borehole IP for LLN-034
  
• 2D Quantitative Section
• 2D Quantitative Section

• 3D Disco Anomaly
  
• 3D Disco Anomaly
  
• 3D Disco Anomaly
• 3D Disco Anomaly
• 3D Disco Anomaly
• 3D Disco Anomaly

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this website.

Qualified Person under NI 43-101
John Sagman, P.Eng. PMP, Senior Vice President and Chief Operating Officer, is the qualified persons responsible for the technical information on this website.

Cautionary Note Regarding Mineral Resources and Mineral Reserves
Readers should refer to the Company's current technical reports and other continuous disclosure documents filed by the Company available on Sedar at www.sedar.com for further information on the mineral resource estimates of the Company's projects, which are subject to the qualifications and notes set forth therein, as well as for additional information relating to the Company more generally. Mineral resources which are not mineral reserves, do not have demonstrated economic viability. Inferred mineral resources have insufficient confidence to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability suitable for public disclosure. Neither the Company nor readers can assume that all or any part of an inferred mineral resource will be upgraded to indicated or measured mineral resource. Most projects at the inferred mineral resource stage do not ever achieve successful commercial production. Each stage of a project is contingent on the positive results of the previous stage and that there is a significant risk that the results may not support or justify moving to the next stage.

Quality Control and Quality Assurance
Prophecy Platinum executes a quality control program to ensure best practice in sampling and analysis. Samples are cut and split for assay with the remaining sample retained for reference. Blanks, Standard Reference Material (SRM), and duplicates were inserted into the sample stream every 20th sample. A duplicate sample is taken every 20th sample of core. The selected sample is sawn in half and then sawn in half again. The quartered core is then placed into two different sample bags with different sample numbers and sealed. The SRM material comes from Natural Resources Canada and Analytical Solutions Limited. These were inserted into the sample stream immediately after the second duplicate. The SRMs used are WMS-1a, WPR-1 and WGB-1. Sample Blanks are obtained from two sources; granodiorite from a local quarry and garden marble from hardware stores in Whitehorse, Yukon. A Blank sample is inserted into the sample stream after the SRM. Assayed samples are transported in sealed and secured bags for preparation at ALS Chemex Prep Lab located in Whitehorse, Yukon. Pulverized (pulp) samples are shipped for analysis to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO/IEC 17025:2005 accredited laboratory and registered under ISO 9001:2000.
Quality assurance and quality control are monitored using scatterplots, Thompson-Howarth plots and statistical analysis to ensure duplicates, blanks and standard data are reliable and indicate robustness of overall results. ALS Chemex quality-assurance procedures are also included in this process."

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