HEYWOOD - Heywood, my answer is pretty straight forward.
Scrap the current pfs report.
It does not represent actual tonnage of all minerals.
Place oneself in the year, 2015.
Ask, if Johnson was really progressing the project
Indeed, Johnson + Prophecy was best thing happened for Wellgreen.
Yet... why was Johnson replaced ?
Even the Geo was.
Let's now move foward from, 2015.
Let's rewrite the Wellgreen.
Undo the boundaries
Remove Central + Fe1 + shift Quill tad more to East
You now have the original constraint.
One now can include the easterly underground downdip mineralization.
Present 2023 pfs boundary is too shallow here, it's not included.
Keep all ore Geologies
I'll simplify it, Silicate + Sulphide.
Magnetite, Hematite, Titanium, Chromium, Nickel, Copper,
Gold, Platinum, Palladium, Exotics, Rubidium, Magnesium, Cobalt
https://live.staticflickr.com/65535/53314406722_f0c05143da_z.jpg
New Extraction
Scrap xps and introduce DNi extraction.
What happens ?
All geology comes into play.
86% inferred - reinstated.
Both Nickels come into play ( solution + sulphide ) 0.77% combined
Iron becomes a credit adding billions
Titanium and Chromium come forward
Higher recoveries with diff extraction
https://www.altiliumgroup.com/the-dni-process/
June 2017 XPS
Shareholders were told what extraction could not handle -
Practical Entitlement recognizes that part of the feed metal units exist in a form that is either mineralogically unsuitable for recovery (e.g. nickel as low-concentration solid solution in magnetite or silicates) or in a form that is physically unsuitable for recovery (disseminated microcrystalline inclusions of metal sulphides within silicates). These values can be compared to the physically achieved recoveries in metallurgical testing, which reveal the magnitude of process losses associated with upgrading.
https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2017/Wellgreen-Platinum-Announces-Results-of-Metallurgical-Testwork/default.aspx
What did this do ?
took 86% of resource away.
Magnetite credit gone
Peridotite and Dunite gone ( silicate solid solution )
Microcrystalines = Titanium is considered crystaline nonferro .
Sulphides in silicates ( this is really extreme ) i'm sure theres silicate still in sulphides
Titanite: Titanite is a very rare calcium titanium silicate that is an important ore of titanium. ... microcrystalline variety of the Quartz group
I once thought it was just Peridotite.
But upon reading Cliopyroxine does have microcrstalines + is also solid solution
I had to rethink this out and consider, could the practical entitlement also include
Clinopyroxine ?
What is Clinopyroxene ?
Clinopyroxene is a major host for sodium, calcium, chromium, and titanium in mantle xenoliths and shows extensive solid solution toward orthopyroxene solid solutions from (Mg,Fe)2[Si2O6] to Ca(Mg,Fe)[Si2O6] - (Wo40En46Fs14) - Wo - Wulfenite = Titanium
Pyroxenes that crystallize in the monoclinic system are known as clinopyroxenes
86% resources = Peridotite, Dunite, Clinopyroxines.
Here is a very clear image of the Johnson hole.
Refer to side bar colors to match ore grology.
Dunite, Peridotite,, Clinopyroxine.
2017 - stripped away 86% of the resource due to,
extraction was not suited but... they still proceeded.
Full stop, reread.
It's the equivalent of telling a Timmins junior,
we can not handle your Dunite therefore, shave away 86% of your resource.
Would they do it ? Would they press release it ?
Or, would they quickly find a suitable extraction.
So where would this place the Wellgreen - Heywood -
if the above format was adopted ?
Scrap present 2023 pit model that shows only 120m
near mine portal. Even then, the 10m benches that scale inward
bypass 340m - 676m mineralized depths.
Include all Central + Partial Quill
What does it spell ?
Far more tonnage
Deep depths
New Extraction
All geologies come into play
More mineral credits
Exotics ( were never included, always promised
Silicate % Sulphide % ( ex - dual nickel 0.77% )
Iron credit adding billions
= Valuble project that perhaps no North American major can afford ( wink )
I could speak about the West zone.
Here is where i''ll finally provide a hunch.
My hunch ?
Only sulphide ores were measured.
Older images, reports speak about peridotite and dunite is as similiar
as east zones. ( stop and think about this )
Just look at the extensive drilling under the main mine.
Even atop going over knoll.
Hence, could provide clues as to why we see entire backside of mountain
all red, mineralized with high grade
Then remind oneself,
Present 2023 pit only mines 1/2 the mountain.
Guess which side the pfs pit is, on...lol
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-18-2048.jpg?cb=1671716840
This is exactly how i see the, Wellgreen.
Easy fix.
They have all the data.
Matter of, using 2012 MET assays
https://live.staticflickr.com/65535/53314406722_f0c05143da_z.jpg
Remove boundaries
Use deeper drill intercepts
reinstate 86% tonnage based on 2012 + 2014 Tech reports using bulk
Introduce new extraction
Include all minerals.
Cancel warrant + special shares
Find buyer
= Jet Set
Cheers...