Mr. Richard Williams reports
WINSHEAR PORTSOY PROJECT – SUCCESSFUL METALLURGICAL TESTWORK PRODUCES MARKETABLE COPPER AND HIGHLY ATTRACTIVE NICKEL CONCENTRATES
Winshear Metals Corp.
has released positive results from the first ever metallurgical testwork conducted on the nickel-copper-cobalt mineralization from the Rodburn target, Portsoy project, northeast Scotland.
The testwork was conducted by Blue Coast Research Ltd. of British Columbia, Canada, under the supervision of Rob Thorpe (vice-president of innovation and technology) and Tony Tran, PEng (project metallurgist).
Highlights
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Metallurgical studies were conducted on a composite sample of massive to disseminated sulphide mineralization from drill holes completed in 2023/2024.
- The objective was to determine the amenability of the mineralization to respond to conventional sequential flotation methods and produce marketable copper and nickel concentrates.
- Head assays were 0.82 per cent copper, 1.64 per cent nickel (1.38 per cent nickel in sulphide) and 0.11 per cent cobalt.
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Based on the batch tests, copper recoveries of 75 to 80 per cent and nickel of 60 to 65 per cent can be expected. Further testwork, including locked-cycle studies (LCT), is anticipated to improve recoveries.
- Nickel concentrate grades of 14 to 16 per cent were produced and included in excess of 1 per cent cobalt. Such a concentrate would be considered "highly attractive to nickel smelters" (Blue Coast).
- The nickel concentrate contained 0.54 per cent copper which would be payable.
- Copper concentrate grades of approximately 25 per cent with less than 1 per cent nickel content are considered typical of this style of mineralization. The low nickel content falls below the penalty charge levels.
Richard Williams, chief executive officer of Winshear, commented:
"These are very positive results at this stage of the Portsoy project. It was key for us to understand the metallurgical characteristics of the mineralization and to ensure the recoverability of the copper, nickel and cobalt, and the quality of the concentrates produced at an early stage.
"The results provide confidence that the Rodburn mineralization can be processed using conventional methods, with the potential to produce saleable copper and nickel concentrates, supporting the case for further optimization testwork as the project advances."
Qualified person
J. Patricio Varas, PGeo, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, and also Winshear's president and director, has read and approved all technical and scientific information contained in this news release.
Tony Tran, PEng, project metallurgist for Blue Coast, has also read and approved the technical disclosure in this news release.
About Winshear Metals Corp
Winshear Metals is a Canadian-based minerals exploration company with a nickel-copper-cobalt project in Scotland (the Portsoy project) and gold/critical minerals project in Ontario (the Thunder Bay project).
We seek Safe Harbor.
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