Arizona Gold & Silver Reports Up To 99% Gold Recovery From Agitation Leach And 84% Gold Recovery From Heap Leach Cyanide Processing Of Bulk Sample From The Philadelphia Project, Arizona

Original announcement by tmx on

Company
Arizona Gold & Silver Inc.
Ticker
AZS
Exchange
TSX
Region
Arizona
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Metallurgy
Extracted
2026-09-19 10:37:09 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Arizona Gold & Silver reported successful metallurgical test results from a bulk sample at the Philadelphia gold-silver project. Agitation leach achieved up to 99% gold recovery, while heap leach using HPGR crushing achieved 84% gold recovery.

Reasoning: Strong metallurgical results from bulk sampling demonstrating high recovery potential for both agitation and heap leach routes, supported by professional oversight.

Positive factors

  • High gold recovery (up to 99%) in agitation leach
  • Effective heap leach recovery (84%) using HPGR crushing
  • Low cyanide and lime consumption
  • QA/QC disclosed with QP sign-off

Facts used in scoring: 4

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recovery of 91-99% in agitation leach is in the exceptional band.

Evidence · text

“Gold recovery of 91-99% was achieved by agitation leach cyanidation”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Agitation leach is a mill-based processing route.

Evidence · text

“Gold recovery of 91-99% was achieved by agitation leach cyanidation”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: Results include heap leach cyanidation testing.

Evidence · text

“Gold recovery of 84% was achieved by heap leach”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release names a Qualified Person (Gregory Hahn) and an independent commercial lab (KCA/Florin).

Evidence · text

“Qualified Person Gregory Hahn... is a Qualified Person under National Instrument 43-101”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

bottle rollPhiladelphia · goldRecovery: 99 %Head Grade: 1.958Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
agitation leach cyanidation
Sample
bulk sample from fresh bench cut
Grind P80
110 µm

Recovery

Recovery
99 %
Recovery Basis
actual_test
Head Grade
1.958
Head Grade Unit
g/t

Reagents

Cyanide
0.145 kg/t
Lime
0.5 kg/t

Lab

Laboratory
Kappes, Cassidy & Associates (KCA)
Consultant
Process Engineering LLC

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-30T00:00:00.000Z

Reasoning: High recovery on a representative bulk sample.

Positive factors

  • Exceptional gold recovery

Evidence · text

“Gold recovery of 91-99% was achieved by agitation leach cyanidation”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 99% is at or above the exceptional band (95%)

bottle rollPhiladelphia · silverRecovery: 72 %Head Grade: 3.08Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
agitation leach cyanidation
Sample
bulk sample from fresh bench cut

Recovery

Recovery
72 %
Recovery Basis
actual_test
Head Grade
3.08
Head Grade Unit
g/t

Lab

Laboratory
Kappes, Cassidy & Associates (KCA)
Consultant
Process Engineering LLC

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-30T00:00:00.000Z

Reasoning: Silver recovery is moderate but consistent with gold results.

Positive factors

  • Solid silver recovery

Evidence · text

“Silver recovery of 49-72% was achieved by agitation leach cyanidation”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the mill_cil signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 72% is below the weak band (75%)

column leachPhiladelphia · goldRecovery: 84 %Head Grade: 1.958Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Philadelphia
Commodity
gold
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach cyanidation
Sample
bulk material crushed to -6.3mm using HPGR

Recovery

Recovery
84 %
Recovery Basis
actual_test
Head Grade
1.958
Head Grade Unit
g/t

Reagents

Cyanide
2.27 kg/t
Lime
1 kg/t

Lab

Laboratory
Kappes, Cassidy & Associates (KCA)
Consultant
Process Engineering LLC

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-30T00:00:00.000Z

Reasoning: Strong heap leach performance demonstrated via HPGR crushing.

Positive factors

  • Effective heap leach recovery using HPGR

Negative factors

  • Higher reagent consumption in column tests

Evidence · text

“Gold recovery of 84% was achieved by heap leach on bulk material crushed to -6.3mm using HPGR”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 84% is at or above the exceptional band (75%)

column leachPhiladelphia · silverRecovery: 37 %Head Grade: 1.958Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Philadelphia
Commodity
silver
Region
usa_az
Reported Region
Arizona
Ticker
AZS

Test Work

Program Status
preliminary
Test Type
column leach
Processing Route
heap leach cyanidation
Sample
bulk material crushed to -6.3mm using HPGR

Recovery

Recovery
37 %
Recovery Basis
actual_test
Head Grade
1.958
Head Grade Unit
g/t

Lab

Laboratory
Kappes, Cassidy & Associates (KCA)
Consultant
Process Engineering LLC

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-30T00:00:00.000Z

Reasoning: Silver recovery in heap leach is significantly lower than gold.

Negative factors

  • Lower silver recovery in heap leach

Evidence · text

“silver recoveries from bulk material under heap leach was 37%”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 37% is below the weak band (75%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.