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Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

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Mining will be done by conventional open pit methods at a rate of 32,000 t/d of<br />

mineralized material resulting in the 37-year LOM.<br />

25.3 M INERAL P ROCESSING<br />

The current proposal under consideration for <strong>Wellgreen</strong> includes a 32,000 t/d<br />

conventional crushing and grinding circuit <strong>com</strong>prising a jaw crusher and SAG mill<br />

<strong>com</strong>bination followed by a MF2 type process, in order to produce a bulk nickelcopper<br />

concentrate for sale and treatment off site. Although developed primarily for<br />

UG2 mineralized material, the MF2 configuration offers certain advantages such as<br />

prevention of over-grinding and slimes generation, increased rejection of talc, chlorite<br />

and pyrrhotite and early recovery of PGM. The concept is to gradually reduce the<br />

size of the mineralized material particles, and float the liberated material immediately<br />

after each size reduction. Secondary grinding will be by ball mills and tertiary<br />

grinding by vertimills. The process will <strong>com</strong>prise two trains, identical from crushing<br />

through to the concentrate and tailings thickeners. The concentrate will be<br />

thickened, filtered, and loaded on trucks to be transported for further processing offsite<br />

(e.g. sale or toll smelting). The tailings will be thickened and pumped to the<br />

TMF.<br />

For the purpose of the current study, laboratory test work estimated flotation<br />

concentrate grade and average process recovery data drawn from the industry have<br />

been used and are summarized in the Table 25.3.<br />

Table 25.3 Summary Grade and Recovery Data<br />

Metal<br />

Flotation<br />

Concentrate<br />

Grade<br />

Flotation<br />

Concentrate<br />

Recovery<br />

(%)<br />

Nickel 5.7% 67.6<br />

Copper 6.0% 87.8<br />

Cobalt 0.6% 64.4<br />

Gold 0.48 g/t 58.9<br />

Platinum 3.57 g/t 46.0<br />

Palladium 6.22 g/t 72.9<br />

The process capital and operating costs described in Section 17.0 are summarized in<br />

Table 25.4 and Table 25.5.<br />

Prophecy Platinum Corp. 25-3 1193460500-REP-R0001-02<br />

<strong>Wellgreen</strong> <strong>Project</strong> <strong>Preliminary</strong> <strong>Economic</strong> <strong>Assessment</strong>,<br />

Yukon, Canada

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