Nickel Creek Platinum Corp T.NCP

2 PHASE MAGNETIC EXPLOIT

[Wangotango67]

Crush and Mill Ores.
Create Bulk Con.

M AG PHASE 1
100% Mass
Targets magnetite
25% Mass extracted
30% - 40% PGE's also removed

25% mass along with upto 40% PGE's moves to the " demagnify circut "
Roast = demagnifies allowing better extraction in flotation

   Two end Products
- Higher Iron percentage CON created ( stand alone )
- Multi mineral CON created ( Ni, Cu, Pl, Pt, Au )


MAG PHASE 2
Remaing 75% Mass ( from first phase )
Sees an initial roast
Thus, magnifying the irons ( exploiting magnetism to aide in recovery )
Irons pilled
Other minerals pulled with iron due to - iron bonds - minerals attached to iron
Once irons and attached minerals pulled
Ores are reheated to demagnify
Float and separate irom from other minerals

Mag # 1 Circut                     Mag # 2 Circut
 100% Mass                          75% Mass
    Crush                                     Crush
       Mill                                         Mill
Pull 25% Mag + PGE            Roast ( convert to magnetic )
    Roast                                   Pull Remaining Irons + other minerals
    Float 2 payables                Reheat ores to demagnify
                                                  Float and create 2 payables


Using the laws of magnetism to assist in extraction..
Exploiting magnetism to aide in removal of other minerals.
( 2018 43 101 report ) stated PGE's clung to magnetite
Roasting to magnify or demagnify ( dependent on iron phase )
Demagifying to aide in flotation / separation


Extraction model above...
Creates an iron vantage ( payable credit - stand alone )
With a multi concentrate stand alone ( Cu, Co, Au, Ni, Pl, Pt )

More Profitable
Iron = $125/tonne
Multi Con - $ ??? tonne

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Based on internet search
9% Nickel + 47% iron fetches
$45/tonne usd

If Nickel is $9 / lb
2200 lbs ( tonne ) x 9% Ni con
198 lbs of nickel concentrate

   $45 ( 9% Ni Con )  ~ 198 lbs
= $0.23 cents per pound
= and 47% iron given away
= Bad economics

VERSUS

Bump the iron percentages up
Make Iron a stand alone
Iron payable
$125/tonne

Pl, Pt, Cu, Ni, Co, Au - separate concentrate.
$ Far higher $$$$ value per concentrate tonne


Present PFS Model
Mixing iron and Nickel ( con )
Mixing iron Cu ( con )
= Destroys value - iron given away

Present PFS ( all mineral spot prices inflated )
If current spot prices were used with engineers extraction model
would there be any profit for junior and shareholder ?
No....  Pitful, PFS. Worst i've ever seen.

Here is the PFS Con costs per tonne
Process and G&A costs:
Bulk con – C$17.30/t; Split con = C$17.61/t


Run these PFS numbers with
$45/tonne = 9% Ni with 47% ( iron ) Concentrate
One would go broke trying to achieve 9% grade
0.25% nickel into 9% = 36 tonnes mined ( @ no loss )
Versus
One can achieve 60% iron in less than 6 tonnes mined
Creating a 60% iron payable @ $125/tonne usd.
Wink.



Run the same bulk tonnage (( highlighted above) costs with my extraction version.
Separating ores into a stand alone iron with a second multi concentrate
Fetches far more profits.


PFS PRESS
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its


Cheers....