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Bullboard - Stock Discussion Forum Nickel Creek Platinum Corp V.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... see more

TSXV:NCP - Post Discussion

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Post by Wangotango67 on Mar 14, 2024 4:41pm

IDEAS....

  Why not eeport 2 resources ?
- Sulphide + Gabbs
- Peridotites + Dunites

UG mine portals support access to sulphides and gabbs.
If 2017 press stated test sulphides and gabbs at later date then,
lets ask does industry have issues with sulphide extraction ?
No

Gabbs being closest minerology aside sulphides, then...
sulphide resource is no longer 5% volume... it would be more.
2012 report allotted 15% gabb ore volume.
5% + 15%
= 20% higher grades ( not as rich as pure sulphides - fabbs would dilute grades )



2017 Press ( excerpt )
The Massive Sulphides and Gabbro constituting a smaller volume of material than the Clinopyroxenite may be tested during any subsequent metallurgical testing.

https://www.nickelcreekplatinum.com/investors/news-releases/press-release-details/2017/Wellgreen-Platinum-Announces-Results-of-Metallurgical-Testwork/default.aspx


Where's the boo boo ?
Either combining sulphides with silicates ( extraction ) = silicates affect recoveries
Or... sulphides and gabbs set aside, and... and were seeing sulphide in silicate extraction.
Which suffers the recoveries and stock dilution.

Yup... separate sulphides and gabbs vs peridotites + pyroxines ( silcate + crystals )


The Fix ?

Sepparate the sulphides.
Report a sulphide ore resource with industry extraction % recoveries 80%+
sulphide grades
solution grade in, sulphides ( 2012 assays back this )
Mine portal supports access to sulphides

Then, report a silicate resource
These are overlaying the sulphides.
Easy to keep separate.
Industry peers already have extraction methods for silicates that accommodate
sulphides in silicates
solid solution in silicates


Employing an optical ore sorter could / might differentiates ores
enabling the separation of sulphides and silicates ( ore colors )


This image below
shows the east end of deposit has moreso, gabbs
with just a small red line between two holes as sulphides.


The billion dollar question ?
Could this junior mine the gabbs + sulphides using ug mine firstly ?
5% sulphides + 15% gabbs
= 20% ore volume

Report a separate resource using silicates and pyroxines ?
Including both nickels in all ore geologies.
Why not.

After reviewing the ore geology in image below
I'd keep the mine
retest extraction using - sulphide, gabbs, pyroxine
pyroxines in image below grades run... 0.85% - 1% Ni  with 2 - 4 grams plats
Pyroxines are a major puse for... higher grade ore.

Ore volume would increase well beyon 20%
And since the grades are higher in these 3 geologies
more acid could be used to capture both kinds of nickel


Then report a separate, peridotite / dunite resource.
And apply curent extraction tech like other peers.




https://live.staticflickr.com/65535/53520608537_e27368a5f4_c.jpg



Mine portal ( center ) lane
runs right to central zone - not hard to extend to west and north west.


https://live.staticflickr.com/65535/53298076647_057655ed78_c.jpg



Goods ideas.
Ideas the shuffle the resources.
Separates geologies forming 2 resources - both nickels.
Creating a vantage.


Inside Wellgreen Mine ( is that Johnson in background ? )

https://www.wellgreenplatinum.com/images/wellgreen-photo-gallery/underground_ap36710.jpg





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