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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 />

make concentrate by keeping the cleaner scavenger. Table 14 presents the locked cycle test (LCT-2)<br />

results, and detailed results are attached in the Appendix F.<br />

The calculated mass balances and LCT stability are presented in Appendix F. It should be noted that the<br />

mass balance is calculated from the locked cycle test end cycle products (last three cycles) along with the<br />

projected concentrate grades and recoveries. Cycle test stability is measured by <strong>com</strong>paring the mass and<br />

metal units into and out of the circuit from each cycle. Figure 25 shows LCT-2 circuit stability.<br />

Table 14: Locked Cycle Test 2 Results<br />

Product<br />

Weight<br />

%<br />

Assays, (Pt, Pd, Au g/t), (Cu, Ni, Fe, MgO %)<br />

Cu Ni S Pt Pd Au Fe Mgo Cu Ni<br />

% Distribution<br />

S Pt Pd Au<br />

3rd Clnr Concentrate 4.36 6.99 7.13 19.4 2.44 6.80 0.54 25.4 9.82 84.9 63.4 29.2 26.4 64.4 62.9<br />

Cleaner Tail 12.8 0.11 0.44 3.59 0.70 0.41 0.03 ─ ─ 3.9 11.3 15.8 22.2 11.5 9.3<br />

Rougher Tail 82.9 0.05 0.15 1.93 0.25 0.13 0.01 ─ ─ 11.2 25.3 55.0 51.4 24.1 27.8<br />

1st Cleaner Regrind Conc F 0.23 0.51 1.40 4.55 2.17 1.73 0.20 ─ ─ 0.3 0.7 0.4 1.2 0.9 1.2<br />

Magnetic Conc F 0.32 0.28 0.45 3.33 1.40 1.38 0.21 ─ ─ 0.2 0.3 0.4 1.1 1.0 1.8<br />

Head (calc.) 100.0 0.36 0.49 2.90 0.40 0.46 0.04 ─ ─ 100.0 100.0 100.0 100.0 100.0 100.0<br />

(direct) 0.33 0.42 2.53 0.41 0.45 0.04 11.9 22.8<br />

%<br />

140<br />

120<br />

100<br />

80<br />

60<br />

40<br />

20<br />

0<br />

LCT-2 Circuit Stability<br />

1 2 3 4 5 6<br />

Figure 25: Locked Cycle Test 2 Circuit Stability<br />

Test F-40 to some extent suggested a lot of the PGE is with pyrrhotite and/ or magnetite. A small test was<br />

added to the LCT-2 by conducting a magnetic separation on the cycle F rougher tail. The magnetic<br />

concentrate was reground for 20 minutes with 20 g/t Aero 4037 and then floated for recovery of Cu, Ni,<br />

and PGE.<br />

Also in this the 1 st cleaner tail F was reground for 20 minutes with Aero 4037 and floated for recovery of<br />

Cu, Ni, and PGE. The added reground and magnetic separations were promising in this test. The results<br />

are presented in Appendix F.<br />

Based on the test LCT-2, a 14% Cu+Ni concentrate grade was achieved; the Cu and Ni recoveries were<br />

85% and 63%, respectively. The <strong>com</strong>bined Au, Pt, and Pd grade of this test was 10 g/t. The Pt, Pd and<br />

SGS Minerals Services<br />

Wt %<br />

Cu<br />

Ni<br />

S<br />

Pt<br />

Pd<br />

Au<br />

39

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