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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 />

Conclusions and Re<strong>com</strong>mendations<br />

A test program was <strong>com</strong>pleted on a master <strong>com</strong>posite and a high Ni <strong>com</strong>posite sample from the<br />

<strong>Wellgreen</strong> property in Yukon Territory, Canada. SGS Vancouver Metallurgy received multiple shipments,<br />

a total of 300 kg to prepare the master <strong>com</strong>posite, and later on a third shipment of 120 kg to prepare the<br />

high Ni <strong>com</strong>posite. The material shipped was originally three sub-<strong>com</strong>posites (massive sulphide, gabbro,<br />

and peridotite) and was used to prepare a Master Composite and a High Ni Composite for metallurgical<br />

testing.<br />

A mineralogy investigation on feed sample was <strong>com</strong>pleted by QEMSCAN (quantitative mineralogy) on the<br />

master <strong>com</strong>posite to identify mineral liberations and associations and develop grade limiting/recovery<br />

relationships for the sample. The results showed that the sulphide minerals dominated by chalcopyrite,<br />

pentlandite, and pyrrhotite. Copper and nickel contents <strong>com</strong>bined approximately 2% of the sample mass.<br />

Chalcopyrite and pentlandite accounted for most of the Cu and Ni in the sample, respectively. The master<br />

<strong>com</strong>posite is non pyritic and contains high levels of chlorite/serpentine. It also contains pyroxene,<br />

amphibole, mica and talc. Main copper sulphide (chalcopyrite) mineral association for the overall sample<br />

exist with <strong>com</strong>plex gangue minerals (16.5%), pentlandrite (0.7%), and pyrrhotite (3.6%). Nickel sulphide<br />

association for the overall sample shows <strong>com</strong>plex gangue minerals (6.6%), chalcopyrite (1.5%) and<br />

pyrrhotite (5%). Pyrhotite association for the overall sample shows <strong>com</strong>plex gangue minerals (4.8%),<br />

chalcopyrite (0.9%) and pentlandite (0.7%). Overall, the liberations of chalcopyrite, pentlandite, and<br />

pyrrhotite were adequate to produce good metallurgical performance in a bulk rougher circuit. Regrinding<br />

of rougher concentrates is re<strong>com</strong>mended to improve liberation of chalcopyrite and pentlandite in order to<br />

produce optimum cleaner circuit performance.<br />

Standard Bond grindability test (BWI) for ball mill grinding and abrasion index test were conducted. The<br />

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

hard ore in the context of the SGS BWI database. The abrasion index fell in the soft range of<br />

abrasiveness with a Bond 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. Due to the lack of any positive<br />

effect of talc pre-float and CMC addition, the base case (70 g/t SIPX) was shown to be the preferred one.<br />

A primary grind size of 90 microns was identified as optimum.<br />

Further cleaner flotation tests were followed based on the rougher flotation conditions of the base case.<br />

Open circuit cleaner testing was conducted to test the effect of the regrind and dispersants/depressants<br />

on circuit recovery and bulk Cu/Ni concentrate grade. Overall, the preliminary cleaner flotation test results<br />

showed a 18% Cu+Ni concentrate grade at the average Cu and Ni recoveries of 79% and 50%,<br />

respectively would be expected. At the same test conditions the <strong>com</strong>bined Pt, Pd and Au grade of 14 g/t<br />

at 22%, 53% and 53% recoveries respectively, is achieved.<br />

SGS Minerals Services<br />

55

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