MORE TONNAGE ?I would say....yes.
Wellgreen has far more tonnage.
What constraint size comes close to,
2023 PFS = 437,000,000 million tonnes ?
1250m L x 250m D x 500m W x 2.7 ore weight
= 421,875,000 million tonnes
2014 Preview Report
Page 12
Exploration drilling has defined a mineralized zone over a 2.8 kilometre East-West trend.
The deposit averages 100 to 200 metres in thickness at surface in the Far West Zone,
expands to 500 metres in thickness in the Central Zone
and to nearly a kilometre wide in the Far East Zone where the
deposit remains open down dip and along trend.
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Let's crunch some numbers
1250m x 500m deep x 1000m x 2.7 ore weight
= 1,687,500,000 billion tonnes
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Page 13 ( 2012 continued MET studies = better results )
Metallurgical testwork shows improved recoveries for all major metals using conventional
flotation in each metallurgical domain, versus assumptions in the 2012 Preliminary
Economic Assessment, with recoveries significantly increased by 35% for platinum and
13% for nickel.
Results indicate production of a high value bulk nickel-copper-PGM concentrate with
grades of 6-10% nickel and 8-12% copper with 11-14 g/t 3E (platinum, palladium and gold)
plus an additional 1-4 g/t of rare PGMs (rhodium, iridium, osmium and ruthenium).
Improved conventional flotation metal recovery was attained by:
- Recognition of three major geologic and metallurgical domains;
- Optimization of grind size, reagent selection, pH and conditioning time by domain;
The blended recovery for these two main domains is estimated to
be approximately 77% Ni, 89% Cu, 64% Co, 62% Pt, 75% Pd, 67% Au, and 70% Ag
presents the mineral resource estimate for the Wellgreen Project at a base case
cut-off grade of 0.15% Ni Equivalent (or 0.57 g/t Pt Equivalent).
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Late 2015 - 2017 rolls around,
- cut off tweaked ( lots of ore erased )
- xps uses larger mesh instead, finer grind mesh
- open circuit acid softening of ores ( solid nickel solution loss ? )
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Page 14
Mineral resource estimate prepared by GeoSim Services Inc.
with an effective date of July 23, 2014.
Measured mineral resources are drilled on approximate 50 x 50 metre drill spacing and confined to clinopyroxenite and peridotite/dunite domains.
Indicated mineral resources are drilled on approximate 100 x100 metre drill spacing
except for the massive sulphide and gabbro domains which used a 50 x 50 metre spacing
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Page 28
Entire Wellgreen encompassed right to main access road.
No Quill.
Present Quill would fall inside of, Main Wellgreen.
Triangle south extrusion area.
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Page 45
- 2 lenses
- forms broad upward ( Y ) encompassing south and north side of mountain
This sedimentary contact was historically interpreted to be
steeply dipping to the south based on the data available at the time, but it wasn’t until later
work that the contact’s orientation was observed to be different with a fence of underground
holes that were drilled in the East Zone (see below) that determined that the contact was a
wedge of metasediments in a much larger ultramafic body, this change in orientation was
corroborated in the Far East Zone by drill holes 154, 160, and 165. Further drilling
determined that the main Wellgreen Intrusion is likely contiguous with the southern contact
of the North Arm.
The typical steeply-dipping lithological sequence of Dunite-Peridotite-Pyroxenite-
Clinopyroxenite-Gabbro with massive sulphide is very well defined in the Far East Zone. The
core of the Far East Zone shows a broad sub-horizontal sulphide-rich pyroxenite,
clinopyroxenite, and gabbro/skarn horizon with a second clinopyroxenite and gabbro
enriched zone at the lower contact with the metasediments.
The East Zone lies between 577900E and 578250E, and was historically explored for
massive sulphide at the Wellgreen-footwedge contact. As mentioned above, this Zone was
the first in which the change in the footwall contact’s orientation was observed in drill core,
although it was never followed up by subsequent operators in this Zone. The Peridotite-
Pyroxenite-Clinopyroxenite-Gabbro sequence is observed to wrap around the base of the
wedge in the East Zone. Historic drill holes ended in mineralized material such that it is
currently unknown how thick the mafic-ultramafic package is beneath the foot-wedge which
remains open at dept
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Page 84 - 2014 MET STUDY ( combined ore tests )
195 drill core samples from across the main Wellgreen resource area.
This analysis was based on 183 batch samples and 12 locked-cycle tests (LCTs)
for the three major metallurgical domains –
Gabbro / Massive Sulphides, Clinopyroxenite / Pyroxenite, and Peridotite - that investigated
bulk concentrates, sequential flotation, bulk concentrate separation and magnetic separation
processes, some of which produced separate nickel and copper concentrates. Results are
summarized in Table 13-1.
Recoveries shown for the three domains are normalized to a bulk concentrate grade containing 6% nickel
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Wango - good - bulk recoveries in closed circuit )
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Very next page....?
85
There it is..... turning point.
From successful blended ores....to parking the peridotite.
At least they said they stockpile and process later.
When i say successful, i mean well over 50% recovery.
Not the near 50/50 where 2 concentrates are made one calculated
other labelled waste - lol
First 2 ore domains farhigher recoveries.
I'm thinking they separated peridotite, crushed, millied, extracted threw away silica
then blended with, gabbs and clino.
Exactly how it should be done.
What was the peridotite results ?
Peridotite Ni 68% Cu 66% Co 55% Pt 58% Pd 58% Au 59%
Blended ore - recoveries were great, considering 3 geo domains.
All they had to do was stick on this bulk path, then work on,
pulling higher % PGM's out.
Page 85 - new Mngt in 2015 did exactly this.....
Future mine modelling will focus on the extraction of the higher grade, Gabbro/Massive
Sulphides and Clinopyroxenite/Pyroxenite domains with Peridotite material being stockpiled
for future processing.
Good part of page 85 ?
The magnetic separation process was successful in capturing additional PGMs, nickel and copper through regrinding of a modest volume of magnetic material followed by conventional flotation, particularly in the Clinopyroxenite/Pyroxenite and Peridotite domains
So what happens when one fronts nickel,
- Tweaks cut offs excluding lower grade nickel
- Parks peridotites in stockpiles to process later or.....2023 no mention of...
= dismisses the PGM's in, peridotite.
Front a PGM Eq ?
By default the peridotites are included due to the plat group.
In another Wellgreen report
they acknowledge subtracting ( 0.10% ) nickel solid solution
= admittence of of, solid solution nickel.
Yet... deducting this 0.10% SS nickel also accommodates justifying a
higher cut off for nickel....lol
Is solid solution really lost if acid treated ?
Nope.
Forms acid bond.
2014- PDF LINK -
https://www.wellgreenplatinum.com/pdf/Wellgreen_2014_Resource_Technical_Report.pdf
FPX nickel project
runs with nickel grades under 0.15% ( stop and think about that )
And FPX's project makes battery grade nickel sulphide.
Wellgreen has lots of goodies in the periodotites.
Iron magnetite, chromium, titanium, vanadium, 2 mystery minerals
And i have an assay report ( found another historical report )
Proving the 2 mystery minerals exist not only in sulphides and peridotites,
but the sediment clays inbetween the geologies. This historical
drill report was a diff drilling but the report attached the assays.
low grades of, ni, cu, pl, pd.... which is most likely why the report was
never broadcased.... Again, more an environmental drill.
5 shallow holes about 20m in depth.
If one looks at drill images,
sediments are massive right aside the sulphides and peridotite.
Top of ridgeline.
Grades of mystery mineral ?
Comparable to other junior deposits.
Or, 1/2 to 1/4 the grade when compared to, high grade deposits.
Nontheless, it's there....would add significant value.
I did another quick number crunch, based on full recovery
= $ 2+ billion
Wellgreen is a great project.
2014 and early 2015 team, outstanding.
Thereafter..... more effort put into reducing project.
If they want it that bad.... buy us common shareholders out.
Simple.
Cheers....
Road Trains = Smart Path.