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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp NCPCF


Primary Symbol: T.NCP

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... see more

TSX:NCP - Post Discussion

Nickel Creek Platinum Corp > DID YOU KNOW...
View:
Post by Wangotango67 on Sep 19, 2023 1:35pm

DID YOU KNOW...

  There are 5 kinds of IRON ?
  • Hematite (70% Fe)
  • Magnetite (72% Fe)
  • Goethite (63% Fe)
  • Limonite (up to 60% Fe)
  • Siderite (48.2% Fe)
NCP's - 2018 43 101 Report
Only mentions 10% magnetite


Question becomes...
How much more iron percentage  is there if one factors every other mineral
which has a formula that includes iron other than - magnetite ?

I've circled each other mineral that contains an iron formula
https://live.staticflickr.com/65535/53197043368_081a8903e4_c.jpg

As one can see....
there's much more " iron " other than, magnetite.

In the 2018 report along with flowsheet...
I do not recall seeing any " roasting phase " .

Let's play suppose ?
Suppose we keep the first extraction phase whereas,
25% mass extracted
and
30%-40% PGE's tag along with 25% mass
https://live.staticflickr.com/65535/53196695641_ba29830c3e_c.jpg

Let's suppose...
A regrind and roasting phase is introduced next phase of flowsheet.
We know hematite is nonmagnetic but upon heating
converts to magnetite.

How much more magnetite could be amassed ?
How much more PGE's attached ?

Could 10% magnetite bump up to 12% - 15% ?
How about PGE's ?

What happens when one roasts hematite, chalcopyrite, siderite, pentlandite, pyrrhotite, pyrite ?

Pyrite + Pyrrhotite
pyrite has paramagnetic properties, but when it is thermally treated and when the Curie temperature (Tc) is reached (between 280 and 320 ºC), pyrite is transformed into pyrrhotite, which can be ferromagnetic

Goethite + Hematite + Siderite -
Oxidative roasting of ores leads to weight losses in the range of 0.5-8%, implying the thermal decomposition of goethite to hematite and siderite to magnetite.

Chalcopyrite
During roasting, chalcopyrite reacts with air and decomposes to generate copper sulfate, sulfur dioxide, sulfur, copper-iron oxides, copper-oxy sulfate, and copper ferrite
https://link.springer.com/article/10.1007/s42452-020-03341-6


Roasting
One can clearly see the benefits of, roasting ores when targeting, irons.
In addition, exploiting the magnetism to pull other valued minerals.
Laws of para magnetism, or minerals still bonded in,  lattice structure.

Simple roasting phase acts as the workhorse, assisting in,
magnetizing irons, pulling other minerals in iron bonds that are
originally nonmagnetic to magnetic.

Roasting could exponetially reduce acids costs in latter phases.

Simplified Flowsheet...?
Crush, Mill, pull avail magnetite + pge's
Roast, Grind to smaller mesh
Pull converted magnetite and other bonded minerals

Could this result in,
20% iron ?
Far more mineral concentrates ?

 " Iron Metal " is not nessisarily Fe....  what ???
It does contain - oxygen bonds.

Video - 2 minute overview
https://www.youtube.com/watch?app=desktop&v=t8gue0o8C9U

What is the formula for, magnetite ?
Fe3O4

Which brings into question...
Should the various iron minerals be quantified with lessor iron values
( refresh ones mind - refer to beginning of post )

Should various iron mineral forms grade lessor ?
EG - Magnetite 72%
Hematite 70%

If pure iron ( once refined ) = 100% iton yet contains oxygen,
Then why are iron minerals graded lessor ?
Wink.

Lastly, as one can read in my former posts...
There's a significant bias between

$125/tonne - iron ore 61% grade
$45/tonne - 9% Nickel con with 47% iton

iron ore fetches far more.

Have i made a stance for the importance of, iron ?
Have i modelled a better extraction introducing - roasting ?

Flitstone ( mine operation )
Blast, Crush, Mill, Roast, Regrind
Such would reduce the capital exp of - $2.3 billion considerably.


Could the roasting phase
assist in better flotation, recoveries ?

333,400,000 million tonnes ( raw ore )
x 10% magnetite

or

333, 400,000 million tonnes ( raw ore )
x 15% 20% 25% ( all irons )

Something to ponder.

I'm thinking,
If the PFS was revised with the above ideas...
It could completely transform this, junior.

Throw in, hydrogen power using nearby lake water.
Affords the bypassing of, co2 sq in magnesium.
Wink.



Cheers



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