Canagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1% Sb and 98.3 gpt. Au
Original announcement by tmx on
- Company
- Canagold Resources Ltd.
- Ticker
- CCM
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Antimony
- Secondary commodities
- Gold
- Document categories
- Metallurgy
- Extracted
- 2026-09-17 15:24:17 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Canagold has announced successful antimony flotation locked cycle test results for the New Polaris project, producing a high-grade concentrate of 59.1% Sb and 98.3 gpt Au. The tests achieved 93.1% antimony recovery and 91.8% gold recovery, offering significant potential to add antimony revenue to the project's existing Feasibility Study economics.
Reasoning: The results demonstrate high-grade antimony concentrate production with strong recoveries, providing a significant upside to the existing gold-focused Feasibility Study.
Positive factors
- High recovery of antimony (93.1%)
- High grade concentrate (59.1% Sb)
- Potential for significant additional revenue on top of existing FS economics
- Locked cycle test results demonstrate technical viability
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: Antimony recovery of 93.1% is exceptional for flotation.
Evidence · text
“93.1 % Sb recovery in Sb-Au concentrate”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: Testing utilized flotation (locked cycle flotation).
Evidence · text
“antimony (Sb) flotation testing”
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)
locked-cycleNew Polaris · antimonyRecovery: 93.1 %View all detailsHide details
Identity
- Project
- New Polaris
- Commodity
- antimony
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- CCM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- antimony (Sb) flotation
- Sample
- 110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes
Recovery
- Recovery
- 93.1 %
- Recovery Basis
- actual_test
Lab
- Laboratory
- Blue Coast Research Ltd.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: 93.1% recovery is a very strong metallurgical result for antimony flotation.
Positive factors
- High recovery rate
Evidence · text
“93.1 % Sb recovery in Sb-Au concentrate”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleNew Polaris · goldRecovery: 91.8 %View all detailsHide details
Identity
- Project
- New Polaris
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- CCM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- antimony (Sb) flotation
- Sample
- 110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes
Recovery
- Recovery
- 91.8 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: 91.8% gold recovery in the combined concentrate is a high-quality result.
Positive factors
- Strong gold recovery in combined concentrate
Evidence · text
“91.8% Au recovery in the combined Au and Sb-Au concentrates”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleNew Polaris · antimonyView all detailsHide details
Identity
- Project
- New Polaris
- Commodity
- antimony
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- CCM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- antimony (Sb) flotation
- Sample
- 110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes
Recovery
- Conc. Grade
- 59.1
- Conc. Grade Unit
- % Sb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: 59.1% Sb is an exceptionally high grade for an antimony concentrate.
Positive factors
- Very high grade concentrate
Evidence · text
“Sb-Au Concentrate assaying 59.1 % Sb”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
locked-cycleNew Polaris · goldView all detailsHide details
Identity
- Project
- New Polaris
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- CCM
Test Work
- Program Status
- detailed
- Test Type
- locked-cycle
- Processing Route
- antimony (Sb) flotation
- Sample
- 110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes
Recovery
- Conc. Grade
- 98.3
- Conc. Grade Unit
- gpt Au
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: 98.3 gpt Au in the concentrate adds significant value to the antimony product.
Positive factors
- Significant gold content in concentrate
Evidence · text
“98.3 gpt Au”
Tags used in scoring
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: processing_route matches the flotation signal
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.