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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 />

Table 20 shows the locked cycle test (LCT-3) results. Detailed results are presented in Appendix F.<br />

Table 20: LCT-3 Test Results<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 />

Finally, LCT-5 was conducted using the same bulk circuit conditions as the LCT-3. Lime was added for<br />

copper separation and SIPX was added to copper rougher. Aero 4037 was added into the regrind as this<br />

worked good in the magnetic separation circuit and was okay in LCT-2 on the first cleaner tails. CuSo4<br />

was added in the Ni cleaners. Ni scavenger concentrate was reground in this test. A copper concentrate<br />

with a grade of 19% Cu at a recovery of 75.5% was achieved. A total Ni concentrate of 8.75% Ni at 65%<br />

recovery was produced in this test. The Fe/MgO ratio and MgO content of the final concentrate were<br />

within the accepted limits however, the copper concentrate contained higher than 1% Ni which does not<br />

meet the saleable copper concentrate quality.<br />

Table 21 presents the locked cycle test (LCT-5) results. The metallurgical results of LCT-5 are shown in<br />

Appendix F.<br />

Table 21: LCT-5 Test Results<br />

LCT-5 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 />

Cu Clnr 1 Conc 1.52 19.1 1.37 25.5 2.51 6.06 1.41 28.8 4.75 75.5 4.5 14.6 9.5 19.5 47.0<br />

Cu Rougher Tail (Ni Conc.) 1.85 1.66 14.3 25.0 3.63 12.0 0.45 30.8 5.58 8.0 56.9 17.4 16.7 47.2 18.3<br />

Ni 3rd Clnr Conc 1.44 0.88 2.44 17.2 5.76 2.32 0.19 28.2 14.4 3.3 7.6 9.3 20.7 7.1 5.9<br />

Ni 1st Clnr Tail 16.2 0.12 0.36 4.21 0.59 0.43 0.03 ─ ─ 4.9 12.4 25.7 23.7 14.8 11.5<br />

Ni Scav Tail 79.0 0.04 0.11 1.11 0.15 0.07 0.01 ─ ─ 8.2 18.7 33.0 29.5 11.4 17.4<br />

Magnetic Cleaner Con 0.2 1.68 1.88 11.6 8.04 8.58 7.46 26.5 15.9 0.7 0.7 0.7 3.4 3.1 27.7<br />

Magnetic Cleaner Tail 3.7 0.06 0.25 4.82 0.68 0.45 0.16 ─ ─ 0.6 2.0 6.7 6.2 3.5 13.0<br />

Magnetic Rougher Tail 7.6 0.03 0.20 4.20 0.26 0.22 0.05 ─ ─ 0.6 3.3 12.1 4.9 3.5 8.2<br />

Total Ni Conc. 3.46 1.34 8.75 21.1 4.73 7.81 0.68 29.5 9.77 12.0 65.1 27.5 40.7 57.3 51.9<br />

Head (calc.) 0.38 0.46 2.65 0.40 0.47 0.05 ─ ─<br />

5. High Nickel Composite Flotation Testwork<br />

As mentioned earlier a High Ni Composite was prepared from the third shipment of the samples to SGS<br />

Vancouver Metallurgy. The grades for this <strong>com</strong>posite were higher but contained lower MgO (19.8%) as<br />

<strong>com</strong>pared with the master <strong>com</strong>posite. Flotation tests HNI-F1 to HNI-F5 were conducted using the high<br />

nickel <strong>com</strong>posite.<br />

SGS Minerals Services<br />

47

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