# CMC Reports on Impressive Metallurgical Tests on Potential Ore for the Gold Processing Mill in Bishop, California by North Bay Resources Inc. Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8 Original source: https://money.tmx.com/en/quote/WLR/news/7671671788609208/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc Publisher: tmx Original announcement: 2024-08-27T13:40:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: CMC Metals Ltd. - Ticker: CMB - Exchange: TSX - Region: California - Primary commodity: Gold - Secondary commodities: Platinum, Silver - Document categories: Metallurgy, Other - Extracted: 2026-09-15 07:15:40 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary CMC Metals announced positive preliminary metallurgical results from North Bay Resources' testing of Mt. Vernon Gold Mine ore. The gravity recovery tests produced high-grade gold, platinum, and silver concentrates, marking the first known discovery of platinum at the site. Reasoning: The testing revealed a first-known discovery of platinum at the Mt. Vernon mine with high-grade gold and platinum concentrates, significantly increasing the potential per-ton value of the ore. - Positive factor: Discovery of platinum at Mt. Vernon - Positive factor: High-grade concentrate results - Positive factor: Successful gravity recovery circuit - Negative factor: Preliminary/brevity testing scale Facts used in scoring: 6 ## Classification and evidence **Free Milling** Polarity: positive Definition: Simple, clean ore amenable to standard processing without oxidation. Why it applies: The ore was successfully processed using a basic grind and gravity recovery circuit. Evidence · text > viability of extraction of gold, platinum, and silver using a basic grind and gravity recovery circuit **Bench Scale Only** Polarity: negative Definition: Only preliminary bench tests completed — no locked-cycle or pilot work. Why it applies: The testing is described as preliminary brevity recovery testing on run-of-mine ore. Evidence · text > preliminary metallurgical/brevity recovery testing **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("concentrate"\) **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Metallurgical Results (6) ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-0) Mt. Vernon Gold Mine · gold #### Identity - Project: Mt. Vernon Gold Mine - Commodity: gold - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#1MV: gravity concentrate #### Recovery - Head Grade: 11.95 - Head Grade Unit: oz/t #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: 11.95 oz/t gold in concentrate is an exceptionally high-grade result for a gravity circuit. - Positive factor: High grade concentrate Evidence · text > Gold 11.95 oz/t #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-1) Mt. Vernon Gold Mine · platinum #### Identity - Project: Mt. Vernon Gold Mine - Commodity: platinum - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#1MV: gravity concentrate #### Recovery - Head Grade: 17.54 - Head Grade Unit: oz/t #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: The discovery of platinum at this site is a significant advancement and highly novel. - Positive factor: First known discovery of platinum at Mt. Vernon Evidence · text > Platinum 17.54 0z/t #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-2) Mt. Vernon Gold Mine · silver #### Identity - Project: Mt. Vernon Gold Mine - Commodity: silver - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#1MV: gravity concentrate #### Recovery - Head Grade: 7.79 #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: Silver is a standard byproduct in these concentrates. Evidence · text > Silver 7.79 #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-3) Mt. Vernon Gold Mine · gold #### Identity - Project: Mt. Vernon Gold Mine - Commodity: gold - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#2MV: gravity concentrate #### Recovery - Head Grade: 11.38 - Head Grade Unit: oz/t #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: 11.38 oz/t gold in concentrate is a strong result. - Positive factor: High grade concentrate Evidence · text > Gold 11.38 oz/t #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-4) Mt. Vernon Gold Mine · platinum #### Identity - Project: Mt. Vernon Gold Mine - Commodity: platinum - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#2MV: gravity concentrate #### Recovery - Head Grade: 2.2 - Head Grade Unit: oz/t #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: Confirms platinum presence in the second sample. - Positive factor: First known discovery of platinum at Mt. Vernon Evidence · text > Platinum 2.20 0z/t #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### gravity [Link to this fact](https://atlas-extractions.minestarters.com/news/cmc-reports-on-impressive-metallurgical-tests-on-potential-ore-for-the-gold-proc--8d310515-89b3-4d92-ad50-03ae88e44cc8#fact-metallurgical-facts-5) Mt. Vernon Gold Mine · silver #### Identity - Project: Mt. Vernon Gold Mine - Commodity: silver - Region: california - Reported Region: California - Ticker: CMB #### Test Work - Program Status: preliminary - Test Type: gravity - Processing Route: gravity recovery table - Sample: Sample I.D C\#2MV: gravity concentrate #### Recovery - Head Grade: 5.59 #### Lab - Laboratory: Enviro-Chem Analytical Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2024-08-27T00:00:00.000Z Reasoning: Silver is a standard byproduct. Evidence · text > Silver 5.59 #### Tags used in scoring **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity 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.