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Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. Its flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The project is in the southwest of Canada's Yukon Territory, approximately 317 kilometers (km) northwest (NW) of the capital, Whitehorse. The Nickel Shaw Project is a large undeveloped nickel sulphide project, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shaw Project has access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.


TSX:NCP - Post by User

Post by Wangotango67on Oct 03, 2023 4:04pm
87 Views
Post# 35667704

PULL AWAY FROM Mg CARBON CAPTURE ?

PULL AWAY FROM Mg CARBON CAPTURE ?

Most Nickel junior studies speak about how much carbon capture profit
but rarely talk about the time constraint required to match the processing
of 120,000 tonnes per day versus added equipment cost to pull it off versus
amount of co2 seq.. ( dependent on Mg grade )

Peer Example
1 ton of co2 per 11 tons processed.
At an estimated $25/ton for carbon capture


Is it worth the hassle ?
More like... it impedes the mine operation.
Takes valued time away from advancing the project

waiting for 3rd party studies that still haven't quite figured it out.
All the while... global nickel miners have a hay day in, Indonesia.

Or... expecting distant cities well away from the mine operation
to buy the carbon credit inwhich to off set their carbon emissions.
Talk about going down the rabbit hole - pun.

SOLUTION ?
Portable CO2 Converters - captures onsite or ( atmospheric ) CO2 
converts CO2 to usable Carbon. ( Graphite / Graphine ).

This is the best format i've come across - to date.
It just makes sense.
Not only deals with CO2 emissions but converts the CO2 gas
to a solid carbon usable product.

https://eitrawmaterials.eu/european-project-secures-eur-1-59-million-to-turn-co2-from-heavy-industry-emitters-into-graphite-a-critical-raw-material/


So why strain miners with the effort to seq CO2 in magnesium
when the cost to do so outweighs the profit to seq, not to mention
slows the mining process down.


Magnesium Metal Markets are still growing
$3,682 ton usd

Highly recommend reading
https://www.indexbox.io/search/magnesium-price-the-united-states/

WELLGREEN MINERAL CREDIT FLIP
Placing two strongest credits as lead credits
- Mg + Fe

Using a 14% Mg grade / metric tonne
= 308 lbs Mg

Mg is sold in Ton ( 2000 lbs )
6.5 raw tonnes mined = 2000 lbs Mg


Mg Metal ( electrolysis )
1500 tonnes mined per day
~ 6.5 / t @ 14% Mg  ( 6.5 tonnes mined = 1 ton Mg metal )
= 230 Mg metal tonnes
x $3,682
= $846,860 usd
x 350 days
= $296,401,000 mil usd


IRON Magnetite ( Concentrate )
1500 tonnes mined per day
~ 9 / t @ 10% Fe ( 9 tonnes mined = 1 ton iron )
= 166 / metal tonnes
x $342 / ton ( full ton not 63% con ) 63% magnetite fetches $250 / ton
= $57,456 usd
x 350 days
= $20,109,600 mil usd


Using the Nitric acid mine model in previous post
Platinum groups + gold drop out unaffected by acid
1500 / t
x 1/2 gram ( pl, pt, au + 4 exotics )
750 g day
x 350 days
= 262,500 g
= 8,440 oz
x $1,000 avg
= 8,440,000 mil usd


Remaining cu, ni, co are processed via electrolysis

Nickel should at have 70%+ or more recovery ( electrolysis = high recovery rates )
1500 / tonnes x 0.26% Ni
= 39 / lbs x 70% rec
= 27.3 lbs
x 350 days
= 9,555 lbs
x $9 / lb
= $85,995 usd


Where's Wellgreen's bread and butter ?
Magnesium
Iron
Plats


What cancel's Wellgreen's profits ?
- CO2 ( seq )
- Iron in concentrates

USA
needs iron, magnesium,
it's as simple as securing ( forward contract ) steel industry


Low grade nickel juniors all have the same, obstacle.
cancel culture best payables.
iron, magnesium.

the carbon game.




Cheers....
 

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