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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 > PFS METAL PAYABLES
View:
Post by Wangotango67 on Oct 01, 2023 7:10pm

PFS METAL PAYABLES

Contained Metal

Nickel - 2.471,000,000 billion lbs
Copper - 1,281,000,000 billion lbs
Cobalt - 137,000,000 million lbs
Palladium - 3,290,000 million oz
Pltatinum - 3,141,000 million oz
Gold - 545,000 ( thousand ) oz


PFS - Total LOM payable metal production
  • 614.3M lbs nickel;   - 25% recovery
  • 281.5M lbs copper;   - 22% recovery
  • 21.5 M lbs cobalt;   - 15.6 % recovery
  • 626,500 troy ounces platinum;   - 20% recovery
  • 743,400 troy ounces palladium;   - 22.7% recovery
  • 174,400 troy ounces gold.   - 32% recovery

So how can this be ?
Massive metal content ( billion pound categories )
Reduced to extreme minimal payables ?


I might have the answer...
XPS began with a bulk concentrate
could this bulk have been brought forth fom previous yrs ?
Could it be SGS's stats punched in
If so...XPS bulk con nickel was at a 53.3% recovery, other metals had their own %
In the xps met report ( pretty sure ) it said it was a continuence work on concentrating.
Bulk con wording is seen in this image as - head assay
Notice the head assay percentages ( hello )
https://live.staticflickr.com/65535/53197071709_6388508961_z.jpg

Now run a previous bulk con through anothers xps patent process..
What might happen ?
Metal payables ( % ) in current pfs could reduce drastically.

Compare SGS - they began from scratch
we can verify with actual grade of minerals cycled into bulk con
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-15-2048.jpg?cb=1671716840

Thing is ?
An apparent 1100 Kgs were sent to XPS
Composite ores ( variety from all zones )
If so, it would mean the 1100 Kg sample should have seen a
fresh flow sheet / own bulk con test.

Using Nickel as an example xps numbers ( bulk con had 53.3% nickel recovery  )
multiply this by 1/2 reduction = near same metal payable percentage in current pfs.

Could a former ( SGS ) bulk con been used to begin
XPS test and result in.., halving the bulk con again ?
2x reduction ?

Simple fix ?
Revert back to underground mining
Stick to the sulphide lenses
Only sulphides
Use SGS to perform concentrate
Could result in higher recoveries using only sulphides
https://image.slidesharecdn.com/prophecyplatinumpresentation-120206130514-phpapp02/75/prophecy-platinum-presentation-15-2048.jpg?cb=1671716840

What's that magic number ?
When the concentrate is, finished, how many pounds remain ?

2200 lbs ( 1 tonne )
- silicate % - remove
- iron magnetite 220 lbs ( 13 other minerals with iron bonds = more than 10% )
- magnesium 5% - 14%

KEEP
- nickel
- copper
- cobalt
- platinum
- palladium
- 4 exotics
= con pound ???

Dump in vat / acid and employ ( electrolysis
small mine operation underground focusing on rich sulphide lenses
Maximum payables



Had to write one more post - pfs metal payables are funky...


Cheers...


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