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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 Nov 24, 2023 11:54pm
197 Views
Post# 35752532

POUND to POUND COMPARISON

POUND to POUND COMPARISON Press Release Metal Payables ( compare with my figures below )

NICKEL
437,000,000 million tonnes
0.26% Ni
= 2,499,640,000, billion lbs Nickel
x 46.9% recovery
= 1,172,331,160 B lbs
-  614.3 M lbs  ( press figures )

= 558,031,160 M lbs   ( missing )

COPPER
437,000,000 million tonnes
x 0.13%
= 1,249,870,000 lbs
x 54.5% recovery
= 681,151,900 lbs
- 281,500,000 lbs ( press figures )
= 399,651,900 M lbs  ( missing )


COBALT
437,000,000 
x 0.014 %
= 61180 t
x 2200
= 134,596,000 M lbs
x 57% recovery
= 76,719,720  M lbs
-    21,500,000 M lbs ( press payable )
= 55,219,720 M lbs ( missing )


GOLD
437,000,000 M tonnes
x 0.04/g
= 174,800,000 g
~ 31.1 ( oz )
= 562,057 oz
x 74.4% recovery
= 418,171 oz
- 174,000 oz ( press payable )
= 243,771 oz ( missing )


PLATINUM
437,000,000 M tonnes
x 0.22 / g
= 96,140,000 g
~ 31.1 ( oz )
= 3,091,318 M oz
x 47.8% recovery
= 1,477,650 oz

- 625,500 oz ( press payable )
= 851,150 oz ( missing )


PALLADIUM
437,000,000 M tonnes
x 0.23/g
= 100,510,000 g
~ 31.1 ( oz )
= 3,231,832 M oz
x 53.9% recovery
= 1,741,957 M oz
- 743,400 ( press payable )
= 998,557 oz ( missing )


BEST PART
What did the - pfs - press say ?

Additional metallurgical testwork to improve overall recoveries of all payable metals
where a 1% recovery improvement represents approximately an after-tax $111 M improvement to the NPV at a 5% discount rate


Platinum Example

743,400 oz ( press payable )
x 234%
= 1,739,556 oz


Perhaps i've found the major flaw with in the payable flaw
not to mention all the other flaws.


Cheers...


Highlighted green figures are what i feel
= accurate payable metals.



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