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

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Prophecy Platinum Corporation – <strong>Wellgreen</strong> Property – <strong>Project</strong> 50149-001<br />

independent primary and regrind target estimations which will allow adequate mineral liberation to<br />

achieve target final concentrate grade.<br />

Standard Bond grindability test (BWI) and abrasion index test were conducted. The BWI was determined<br />

to be 19.7 kWh/t for the <strong>Wellgreen</strong> master <strong>com</strong>posite ore. This is considered to be a hard ore in the<br />

context of the SGS BWI database. The abrasion index fell in the soft range of abrasiveness with a Bond<br />

abrasion index of 0.088.<br />

A preliminary flotation testwork was conducted on the master <strong>com</strong>posite. The key variables tested were<br />

the effect of grind, collector, talc pre-float and CMC on rougher kinetics. Open circuit cleaner testing was<br />

conducted to test the effect of the regrind and dispersants/depressants on circuit recovery and bulk Cu/Ni<br />

concentrate grade. The preliminary cleaner flotation test results showed a 18% Cu+Ni concentrate grade<br />

at the average Cu and Ni recoveries of 79% and 50%, respectively would be expected. At the same test<br />

conditions the <strong>com</strong>bined Pt, Pd and Au grade of 14 g/t at 22%, 53% and 53% recoveries, respectively is<br />

achieved.<br />

Following the preliminary testing, split flowsheet optimization testwork to optimize the flowsheet through a<br />

more detailed program was started. The proposed split flowsheet re<strong>com</strong>mends taking advantage of the<br />

parallel cleaner lines. The viability of the flowsheet was confirmed by means of locked cycle testing<br />

through re-circulation of middling streams. The average locked cycle test results over the last three cycles<br />

showed that the master <strong>com</strong>posite produced copper, nickel and final bulk concentrates projections as<br />

shown in Table 3.<br />

Table 3: Cu and Ni Metallurgical Predictions for Master Composite<br />

LCT-3 Weight Assays, (Cu, Ni, S, Fe, MgO %) (Pt, Pd, Au g/t) % Distribution<br />

Product % Cu Ni S Pt Pd Au Fe MgO Cu Ni S Pt Pd Au<br />

Bulk Clnr 2 Conc. 2.78 11.0 9.28 27.2 3.39 10.3 0.80 31.6 4.13 83.5 57.6 25.9 22.7 62.9 50.3<br />

Ni 3rd Clnr Conc. 2.36 0.59 1.78 12.8 3.55 1.45 0.11 22.4 17.9 3.8 9.4 10.3 20.2 7.5 6.1<br />

Ni 1st Clnr Tail 15.7 0.10 0.34 4.41 0.66 0.41 0.03 ─ ─ 4.3 12.1 23.8 24.9 14.1 12.1<br />

Ni Scav Tail 69.9 0.04 0.11 1.06 0.14 0.06 0.02 ─ ─ 7.6 16.6 25.4 24.1 9.5 25.4<br />

Magnetic Clnr Conc. 0.21 0.85 1.22 8.93 6.19 5.41 0.52 24.4 18.4 0.5 0.6 0.7 3.2 2.5 2.5<br />

Magnetic Rghr Tail 9.00 0.01 0.19 4.50 0.23 0.18 0.02 ─ ─ 0.2 3.7 13.8 4.9 3.5 3.6<br />

Combined Concentrates 5.36 6.01 5.66 20.1 3.57 6.22 0.48 27.3 10.8 87.8 67.6 36.9 46.0 72.9 58.9<br />

Head (calc.) 0.37 0.45 2.92 0.42 0.46 0.04<br />

The results for High Ni Composite indicate the production of a <strong>com</strong>bine concentrate with 14.5% Cu+Ni<br />

grade at the average Cu and Ni recoveries of 88% and 73%, respectively. At the same test conditions the<br />

<strong>com</strong>bined Pt, Pd and Au grade of 9 g/t at 38%, 73% and 62% recoveries, respectively would be expected.<br />

SGS Minerals Services<br />

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