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

Prophecy Platinum Corporation – Wellgreen Property – Project 50149-001
Executive Summary
A test program was completed by developing a flowsheet suitable for a single master composite and
confirming through a high Ni composite sample from the Wellgreen property in Yukon Territory, Canada.
The Wellgreen deposit is a part of the Kluane Ultramafic Nickel belt located in the Yukon Territory,
Canada.
SGS Vancouver Metallurgy office received multiple shipments; a total of 300 kg to prepare the master
composite, and later on a third shipment of 120 kg to prepare the high Ni composite. The samples
originated from the Wellgreen deposit and submitted by Prophecy Platinum Corporation. The material
shipped was originally three sub-composites (massive sulphide, gabbro, and peridotite) and were used to
prepare a Master Composite and a High Ni Composite for metallurgical testing.
The head assays of the sub-composites as well as the Master Composite are shown in Table 1.
Table 1: Head Assay Results for Sub-Composites and Master Composite Samples
Cu Ni Ni(s) Co Fe S C(t) MgO Pt Pd Au Rh
Sample % % % % % % % % g/t g/t g/t g/t
Massive Sulphide 1.57 2.59 2.45 0.150 44.0 28.8 0.06 0.56 1.01 0.69 0.08 0.39
Gabbro 0.43 0.19 0.17 0.015 9.77 2.38 0.08 12.7 0.53 0.27 0.12