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

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Trade-off studies should be <strong>com</strong>pleted on the concentrate loadout strategy. The<br />

current design is a storage hopper which will deliver the concentrate into 50 t trucks<br />

driving under a load-out conveyor. Other load out options should be explored, such<br />

as a concentrate building where the concentrate is stored on a cement pad and<br />

handled with a loader onto a conveyor to load the trucks, as well as bagging or<br />

drumming of the concentrate.<br />

A series of additional trade-off studies should be undertaken to determine if the<br />

concentrate can be further beneficiated economically. A number of process options<br />

can be considered including:<br />

• smelting (in particular flash smelting)<br />

• converting<br />

• slow cooling of converter matte to produce separate high grade PGM and<br />

base metal concentrates<br />

• toll treatment of high grade concentrates<br />

• hydrometallurgical treatment of both concentrates and mattes including acid<br />

leaching, base and precious metal refining, Platsol, HydroCopper, and<br />

related processes.<br />

The estimated cost for this work is approximately US$400,000.<br />

26.4 I NFRASTRUCTURE<br />

The TMFs and the process plant area locations are preliminary and require further<br />

work to assess final locations. Costing has been based upon selection of the<br />

preliminary locations.<br />

Power supply for the site needs to be investigated and explored for the next level<br />

study.<br />

Tetra Tech re<strong>com</strong>mends the following for the next level of the study:<br />

• TMF location study by a team including geotechnical, mining,<br />

metallurgical/process, environmental, civil, mechanical disciplines<br />

• process plant area location study for optimizing the capital and operating<br />

costs<br />

• overall site detail topographical survey<br />

The total cost of the above work is US$1,250,000.<br />

Prophecy Platinum Corp. 26-6 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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