Wellgreen

JDS completed a PEA for Wellgreen Platinum's multi-metal project in Yukon. The study outlined a conventional open pit operation (383Mt) with selective underground mining (9Mt), featuring a low 0.75:1 strip ratio. Processing would start at 25,000 tpd for five years, then expand to 50,000 tpd for 20 additional years, producing bulk Ni-Cu-Co-PGM-Au concentrate via conventional sulphide flotation for export through Alaska ports. The 25-year mine life would process 392Mt of mineralized material, averaging 200,000+ oz annually of platinum, palladium and gold, plus 73M lbs nickel and 55M lbs copper in the first 16 years. Economic highlights: after-tax NPV7.5% of C$1.2B, 25.3% IRR, and 3.1-year payback.