01.06.2013 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

13.2 G&T M ETALLURGICAL S ERVICES L TD. – M AY 2011<br />

Coarsely crushed mineralized material from the Property was delivered by Prophecy<br />

Platinum to G&T for chemical, mineralogical, and metallurgical characterization work.<br />

A <strong>com</strong>posite named Peridotite Composite 1 was created from the sample, and used<br />

for six batch flotation tests. Three rougher flotation tests and three cleaner flotation<br />

tests were carried out. The results from this test work and conclusions were<br />

gathered in G&T’s report entitled, “Metallurgical <strong>Assessment</strong> of the <strong>Wellgreen</strong><br />

Deposit, Yukon Territoy, Canada – KM2833; May 5, 2011”. The results from this<br />

report are discussed below.<br />

13.2.1 MINERALOGICAL WORK<br />

The head grade analysis for Peridotite Composite 1 is presented in Table 13.4. This<br />

sample was relatively low in grade for nickel, copper, platinum, and palladium.<br />

Table 13.4 Chemical Composition of Peridotite Composite 1 (G&T – May 2011)<br />

Element Symbol<br />

Cu<br />

(%)<br />

Ni<br />

(%)<br />

Fe<br />

(%)<br />

Prophecy Platinum Corp. 13-4 1193460500-REP-R0001-02<br />

<strong>Wellgreen</strong> <strong>Project</strong> <strong>Preliminary</strong> <strong>Economic</strong> <strong>Assessment</strong>,<br />

Yukon, Canada<br />

S<br />

(%)<br />

Pt<br />

(g/t)<br />

Pd<br />

(g/t)<br />

Co<br />

(%)<br />

Peridotite Composite 1 0.29 0.26 10.3 1.80 0.28 0.25 0.17<br />

The results from the Bulk Mineral Analysis with an estimate of Liberation (BMAL)<br />

from Quantitative Evaluation of Materials by Scanning Electron Microscopy<br />

(QEMSCAN) is presented in Table 13.5. The pentlandyte and chalcopyrite were<br />

0.80% and 0.82% respectively. The most abundant sulphide mineral was pyrrhotite.<br />

The high concentration of pyrrhotite could result in the pyrrhotite diluting the<br />

concentrate grade since it would float along with the pentlandite and chalcopyrite.<br />

One benefit to flotation is that the talc content was low at 0.96%. This level is low<br />

enough that the talc should not be<strong>com</strong>e a hinderance to the flotation of the valuable<br />

minerals.<br />

Table 13.5 Mineral Composition of Peridotite Composite 1 (G&T – May 2011)<br />

Minerals<br />

Peridotite<br />

Composite 1<br />

Mineral Content<br />

(%)<br />

Chalcopyrite 0.82<br />

Pentlandite 0.80<br />

Pyrite 0.09<br />

Pyrrhotite 3.32<br />

Magnetite/Hematite 1.36<br />

Goethite 5.64<br />

Quartz 0.04<br />

table continues…

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!