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

More documents

Recommendations

Info

OnLine LIMS SGS Lakefield Research CA02888-SEP11 16 September, 2011 Client (8117) Jalal Tajadod Reference Head Assays <strong>Project</strong> CAVM-50149-001 Batch 0283-sep11 Supervisor wattt Notes: Reporting limits for Li,P raised due to interference.Sep30.slm Tag Type Sample ID Cu % Ni % Co % Fe % Received 16-Sep-11 15:53 Requested 21-Sep-11 15:53 Created 16-Sep-11 15:53 Finished 06-Oct-11 08:36 Samples 4,0,0 - 45 Ni Sulfide/Meta llic 1 SMP Massive sulphide 1.57 2.59 0.15 44.0 2.45 28.8 2 SMP Gabbro 0.43 0.19 0.015 9.77 0.17 2.38 3 SMP Peridotite 0.25 0.36 0.017 11.0 0.30 1.47 4 SMP Master Comp 0.33 0.42 0.018 11.9 0.37 2.53 Tag C(t) % Pt g/t Pd g/t Au g/t 1 0.06 1.01 0.69 0.08 0.39 0.56 5 16200 2 0.08 0.53 0.27 0.12 < 0.02 12.7 3 47800 3 0.06 0.25 0.35 0.02 0.03 25.9 < 2 30800 4 0.06 0.41 0.45 0.04 0.04 22.8 < 2 27900 Tag As g/t Ba g/t Be g/t Bi g/t 1 < 30 134 0.30 < 20 32100 < 2 128 2860 2 < 30 1740 0.36 < 20 110000 < 2 573 953 3 < 30 51.4 0.20 < 20 24800 < 2 2227 1650 4 < 30 521 0.22 < 20 29800 < 2 1915 1750 Tag Li g/t Mn g/t Mo g/t Na g/t 1 < 20 322 < 5 1590 < 200 82 < 10 66 2 33 1400 < 5 1670 539 112 < 10 < 30 3 < 20 1300 < 5 425 310 < 20 < 10 < 30 4 21 1300 < 5 1390 313 < 20 < 10 < 30 Tag Sn g/t Sr g/t Ti g/t Tl g/t 1 < 20 45.9 1110 < 30 79 118 4.8 72 2 < 20 40.0 4960 < 30 26 169 14.0 106 06 October, 2011 Page 1/2 Rh g/t Ca g/t P g/t U g/t MgO % Cd g/t Pb g/t V g/t Ag g/t Cr g/t Sb g/t Y g/t S % Al g/t K g/t Se g/t Zn g/t
OnLine LIMS Tag Sn g/t Sr g/t Ti g/t CA02888-SEP11 Tl g/t 3 < 20 21.6 3460 < 30 < 20 114 7.6 90 4 < 20 19.2 3650 < 30 < 20 126 8.5 91 Tag Buck wt. g 1 155 2 155 3 175 4 180 06 October, 2011 Page 2/2 U g/t V g/t Y g/t Zn g/t
Page 1 and 2:
Report to: Wellgreen Project Prelim
Page 3 and 4:
TABLE OF CONTENTS 1.0 SUMMARY .....
Page 5 and 6:
14.1.8 MINERAL RESOURCE TABULATION
Page 7 and 8:
26.1.2 PHASE 2 - QUILL CREEK ULTRAM
Page 9 and 10:
Table 19.2 Palladium Demand and Sup
Page 11 and 12:
Figure 19.3 London Metals Exchange
Page 13 and 14:
litres per minute .................
Page 15 and 16:
International All-North Resources L
Page 17 and 18:
1.0 S UMMARY 1.1 I NTRODUCTION Tetr
Page 19 and 20:
This PEA has been prepared by Tetra
Page 21 and 22:
Numerous operators have worked on t
Page 23 and 24:
1.6 M INING M ETHODS The Project is
Page 25 and 26:
Figure 1.2 Wellgreen Project Overal
Page 27 and 28:
Table 1.6 Capital Cost Summary (US$
Page 29 and 30:
The following financial results wer
Page 31 and 32:
Figure 1.3 illustrates that the Pro
Page 33 and 34:
Figure 1.5 Project Execution Plan P
Page 35 and 36:
2.0 INTRODUCTION Tetra Tech was com
Page 37 and 38:
3.0 RELIANCE ON OTHER EXPERTS Tetra
Page 39 and 40:
Figure 4.1 Location Map Prophecy Pl
Page 41 and 42:
All work undertaken on the surface
Page 43 and 44:
Figure 4.3 Wellgreen Surface Lease
Page 45 and 46:
Other than those liabilities set fo
Page 47 and 48:
5.3 C LIMATE The climate is alpine,
Page 49 and 50:
Year Company Activities 1970 Hudson
Page 51 and 52:
Year Company Activities 2008 Corona
Page 53 and 54:
6.2.3 NORTHERN P LATINUM 2009 PROGR
Page 55 and 56:
Figure 7.1 Regional Geology Map Pro
Page 57 and 58:
Figure 7.3 Property Geology Prophec
Page 59 and 60:
Longitudinal faults and/or shears a
Page 61 and 62:
Figure 7.4 Wellgreen Plan View Prop
Page 63 and 64:
7.2.3 NORTH ZONE The North Zone is
Page 65 and 66:
Table 7.3 PGE-Bearing Minerals in t
Page 67 and 68:
Gabbroid-associated Nickel, Copper,
Page 69 and 70:
10.0 DRILLING 10.1 H ISTORICAL D RI
Page 71 and 72:
Figure 10.1 Prophecy Platinum Drill
Page 73 and 74:
Table 10.4 Prophecy Platinum 2011 D
Page 75 and 76:
• The course rejects returned fro
Page 77 and 78:
Figure 10.4 Core Storage Facility P
Page 79 and 80:
11.0 SAMPLE PREPARATION, ANALYSES,
Page 81 and 82:
12.0 DATA VERIFICATION Tetra Tech
Page 83 and 84:
Table 12.2 Check Assays Prophecy Pl
Page 85 and 86:
13.0 MINERAL PROCESSING AND METALLU
Page 87 and 88:
An elemental analysis of typical co
Page 89 and 90:
Minerals Peridotite Composite 1 Min
Page 91 and 92:
Ni Deposits” shows that the grade
Page 93 and 94:
13.3 SGS V ANCOUVER - J UNE 2012 A
Page 95 and 96:
14.0 MINERAL RESOURCE ESTIMATES 14.
Page 97 and 98:
Table 14.3 summarizes the grade cap
Page 99 and 100:
The NiEq value was assigned to all
Page 101 and 102:
Table 14.7 Wellgreen Variogram Summ
Page 103 and 104:
Table 14.9 Estimation Criteria Zone
Page 105 and 106:
Table 14.10 Search Parameters Zone
Page 107 and 108:
NiEq Cut-off Tonnes NiEq (%) Ni (%)
Page 109 and 110:
Figure 14.2 Wellgreen Platinum, Pal
Page 111 and 112:
Figure 14.4 Wellgreen Platinum, Pal
Page 113 and 114:
Figure 14.6 Wellgreen Pit Resource
Page 115 and 116:
14.1.9 VALIDATION The Wellgreen mod
Page 117 and 118:
Figure 14.9 East Zone Cross Section
Page 119 and 120:
Figure 14.10 Wellgreen Nickel Secti
Page 121 and 122:
Figure 14.14 Wellgreen Platinum Sec
Page 123 and 124:
Figure 14.18 Wellgreen Cobalt Eleva
Page 125 and 126:
14.2 P REVIOUS E STIMATES Table 14.
Page 127 and 128:
15.0 MINERAL RESERVE ESTIMATES A mi
Page 129 and 130:
The selected base case pit contains
Page 131 and 132:
OVERALL O PEN P IT SLOPE ANGLE Tetr
Page 133 and 134:
Table 16.4 Pit Optimization Results
Page 135 and 136:
The pit optimization process includ
Page 137 and 138:
16.4 P RODUCTION S CHDULE Using Pit
Page 139 and 140:
Year Waste (t) Total (t) Strip Rati
Page 141 and 142:
Figure 16.5 Sequence of Development
Page 143 and 144:
PHASE III During Phase III, the pit
Page 145 and 146:
16.5.4 EXPLOSIVES A contractor will
Page 147 and 148:
Table 16.9 Pit Design Criteria Item
Page 149 and 150:
Equipment Fleet Size Units Crew Bus
Page 151 and 152:
Figure 17.1 Overall Wellgreen Proce
Page 153 and 154:
17.2 P ROCESS D ESIGN C RITERIA The
Page 155 and 156:
17.5 P ROCESS P LANT The process pl
Page 157 and 158:
Figure 18.1 Wellgreen Project Overa
Page 159 and 160:
ultimate impoundment surface area o
Page 161 and 162:
Table 19.2 Palladium Demand and Sup
Page 163 and 164:
Figure 19.3 London Metals Exchange
Page 165 and 166:
Figure 19.5 Nickel Demand (2009 to
Page 167 and 168:
20.0 ENVIRONMENTAL STUDIES, PERMITT
Page 169 and 170:
Tailings and mill concentrate sampl
Page 171 and 172:
20.2.4 AQUATIC RESOURCES The Proper
Page 173 and 174:
Figure 20.2 Wildlife Ranges-Woodlan
Page 175 and 176:
Figure 20.4 Wildlife Ranges-Mountai
Page 177 and 178:
Figure 20.6 Wildlife Ranges-Grizzly
Page 179 and 180:
Figure 20.8 Aquatic Resources Proph
Page 181 and 182:
20.3.2 LICENSING The Project will b
Page 183 and 184:
(Transport Canada 2010). New constr
Page 185 and 186:
Table 20.1 Applicable Legislation,
Page 187 and 188:
20.4 M I NE C LOSURE AND R ECLAMATI
Page 189 and 190:
Umbrella Final Agreement, the White
Page 191 and 192:
20.5.2 NON-ABORIGINAL COMMUNITIES T
Page 193 and 194:
21.0 C APITAL AND O PERATING C OSTS
Page 195 and 196:
Mine Equipment 21.2.2 SUSTAINING 20
Page 197 and 198:
Table 21.7 Contingency (US$ million
Page 199 and 200:
• mobilization and demobilization
Page 201 and 202:
Spares • safety including safety
Page 203 and 204:
21.3 O PERATING C OSTS 21.3.1 GENER
Page 205 and 206:
Table 21.11 Summary of Mining Opera
Page 207 and 208:
Mine Operations Position No. Annual
Page 209 and 210:
22.0 ECONOMIC A NALYSIS 22.1 I NTRO
Page 211 and 212:
Table 22.3 Metal Production from th
Page 213 and 214:
Table 22.4 Summary of Pre-tax Finan
Page 215 and 216:
22.4 M ETAL P RICE S CENARIOS The L
Page 217 and 218:
Figure 22.3 IRR Sensitivity Analysi
Page 219 and 220:
Figure 23.1 Adjacent Properties Pro
Page 221 and 222:
Figure 24.1 Wellgreen Project Execu
Page 223 and 224:
25.2 M INING Table 25.1 Wellgreen R
Page 225 and 226:
Table 25.4 Process Capital Cost Sum
Page 227 and 228:
Table 26.1 Wellgreen Expansion Budg
Page 229 and 230:
26.2 M INING sample selection shoul
Page 231 and 232:
Trade-off studies should be complet
Page 233 and 234:
• develop a negotiation strategy
Page 235 and 236:
METALLURGY Davis, David and Bruwer,
Page 237 and 238:
Yukon Environmental and Socio-econo
Page 239 and 240:
TODD MCCRACKEN, P.GEO. I, Todd McCr
Page 241 and 242:
PHILIP BRIDSON, P.ENG. I, Philip Br
Page 243 and 244:
APPENDIX A L IST OF C LAIMS
Page 245 and 246:
District GrantNumber RegType ClaimN
Page 247 and 248:
Page 249 and 250:
Page 256 and 257:
Certificate of Analysis First issue
Page 258 and 259:
Hf µg/g 0.5 4 / 20 Ho µg/g 0.2 3
Page 260 and 261:
assess laboratory results, users ar
Page 262 and 263:
Constituent Unit Mean Table 2 - Pro
Page 264 and 265:
Table 3 - Informational Values Cons
Page 266 and 267:
CERTIFYING OFFICER ________________
Page 268 and 269:
An Investigation into METALLURGICAL
Page 270 and 271:
Prophecy Platinum Corporation - Wel
Page 272 and 273:
Page 274 and 275:
Page 276 and 277:
Page 278 and 279:
Page 280 and 281:
Sample Fraction Mass Size Distribut
Page 282 and 283:
Mass (% Chalcopyrite) Prophecy Plat
Page 284 and 285:
Mass (% Pentlandite) Prophecy Plati
Page 286 and 287:
Mass (% Pyrrhotite) Prophecy Platin
Page 288 and 289:
Page 290 and 291:
Pyrrhotite Recovery % Prophecy Plat
Page 292 and 293:
Page 294 and 295: Prophecy Platinum Corporation - Wel
Page 298 and 299: Cu Rec, % Ni Rec, % Gng Rec, % 100
Page 310 and 311: Grade (%) Cu + Ni Grade (g/t) PGE G
Page 342 and 343: Prophecy, Wellgreen samples 50149-0
Page 346 and 347: OnLine LIMS SGS Lakefield Research
Page 348 and 349: Certificate of Analysis Work Order:
Page 350 and 351: Final : VC120756 Revision REVISED O
Page 354 and 355: Final : VC120590A Revision REVISED
Page 362 and 363: OnLine LIMS SGS Lakefield Research
Page 364 and 365: SGS Minerals Services Standard Bond
Page 366 and 367: Project No.: 50149-001 Test No.: MC
Page 368 and 369: SGS Minerals Services STANDARD BOND
Page 370 and 371: SGS Minerals Services Project No. D
Page 376 and 377: Test No.: F1 Project No.: 50149-001
Page 394 and 395:
Test No.: Sep-F1 Project No.: 50149
Page 396 and 397:
Test No.: F20 Project No.: 50149-00
Page 398 and 399:
Page 400 and 401:
Page 402 and 403:
Page 404 and 405:
Page 406 and 407:
Test: F30 Project: 11603-005 50149-
Page 408 and 409:
Test: F32 Project: 11603-005 50149-
Page 410 and 411:
Test: F34 Project: 11603-005 50149-
Page 412 and 413:
Test: F36 Project: 11603-005 50149-
Page 414 and 415:
Test: F38 Project: 11603-005 50149-
Page 416 and 417:
Page 418 and 419:
Test No.: HNI-F1 Project No.: 50149
Page 420 and 421:
Test: HNI-F3 Project: 11603-005 501
Page 422 and 423:
Test: HNI-F5 Project: 11603-005 501
Page 424 and 425:
Test: LCT-1 Project: 50149-001 Date
Page 426 and 427:
Test: LCT-1 Overall Stability Total
Page 428 and 429:
Test: LCT-2 Metallurgical Predictio
Page 430 and 431:
Page 432 and 433:
Test: LCT-4 Project: 50149-001 Date
Page 434 and 435:
Test: LCT-4 Overall Stability Total
Page 436 and 437:
Page 438 and 439:
Page 440 and 441:
Prophecy Platinum Corp 50149-101 MI
Page 442 and 443:
Page 444 and 445:
Page 446 and 447:
Page 448 and 449:
Page 450 and 451:
Page 452 and 453:
Page 454 and 455:
Page 456 and 457:
Page 458 and 459:
Page 460 and 461:
Page 462 and 463:
Page 464 and 465:
Page 466 and 467:
Page 468 and 469:
Page 470 and 471:
Page 472 and 473:
Mineral Abundance (wt.%) 100 90 80
Page 474 and 475:
Page 476 and 477:
Page 478 and 479:
Page 10 of 23
Page 480 and 481:
Page 482 and 483:
Page 484 and 485:
Page 16 of 23
Page 486 and 487:
Page 488 and 489:
Page 490 and 491:
Page 492 and 493:
CAVM-50149-101 MI7018-MAR12 Sample
Page 494 and 495:
CAVM-50149-101 MI7018-MAR12 Sample
Page 496 and 497:
erra Mineralogical Services Inc. Mi
Page 498 and 499:
TerraMS-12JUL-001 Wellgreen - Pt-Pd
Page 500 and 501:
Page 502 and 503:
Page 504 and 505:
Page 506 and 507:
Page 508 and 509:
Page 510 and 511:
Page 512 and 513:
Page 514 and 515:
APPENDIX D M INING
Page 516 and 517:
LG Phase Revenue Factor (%) Mineral
Page 518 and 519:
Figure 3 Overall Ultimate Pit Produ
Page 520 and 521:
Table 3 Penetration and Drilling Ra
Page 522 and 523:
HAULAGE General Hauling Conditions
Page 524:
Year Mechanical Availability (%) Us
show all

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

Create successful ePaper yourself

Delete template?

Save as template?