Wellgreen Platinum Announces Results of Metallurgical Testwork

Wellgreen Platinum (TSX:WG) is pleased to report the results of its previously announced Phase 1 Metallurgical Testwork Program (the Phase 1 “Metallurgical Program”). The testing and mineralogy was performed by XPS Consulting & Testwork Services of Falconbridge, Ontario.

The objectives of the Phase 1 Metallurgical Program were (i) to refine and demonstrate recovery of payable metals following from work reported in the 2015 Preliminary Economic Assessment (2015 “PEA”) see press release dated February 2, 2015; and (ii) to produce a marketable bulk Ni-Cu-PGM concentrate, including guidance regarding the possibility of producing separate Nickel and Copper concentrates. Testing has focused upon the geometallurgical domains which comprise the predominance of the resource. This area was categorized into two geometallurgical domains in the 2015 PEA: (i) Clinopyroxenite / Pyroxenite and (ii) Peridotite. The recently completed testwork has demonstrated that the geometallurgical domains are, and as such they will be referred to as: (i) Peridotite, which makes up the largest part of the resource, and (ii) Clinopyroxenite, which makes up a smaller part of the resource. The Massive Sulphides and Gabbro constituting a smaller volume of material than the Clinopyroxenite may be tested during any subsequent metallurgical testing. Corresponding volumes of the various geometallurgical domains will be determined upon completion of an updated geology and block model which is currently underway.

As quoted in the press release:

Diane Garrett, President and CEO stated “We are extremely pleased with the excellent work and test results of the Phase 1 Wellgreen Metallurgical Program. We have made quantum leaps in our understanding of the geology, resource and metallurgy through this rigorous scientific testwork. These metallurgical results combined with the updated geology model and block model are two significant steps toward advancing the Wellgreen deposit. The Phase 2 Metallurgical Program (targeted for the second half of 2017) will include a mini pilot plant study whereby the Company will produce sufficient quantities of bulk concentrate to allow final refinement of the process for production of separate nickel and copper concentrates. A suitable mini pilot plant exists within the XPS laboratory facility in Sudbury, Ontario.”

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