Cosigo Resources Announces Results of Conglomerate Layer Bulk Sample for Gravity Concentration Tests

Original announcement by tmx on

Company
Cosigo Resources Ltd.
Ticker
CSG
Exchange
TSX
Region
Colombia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-09-15 19:02:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cosigo Resources has released metallurgical results from Knelson gravity concentration tests on a 60kg bulk sample from the Chicken Coop Conglomerate at the Taraira project. The tests revealed a very low weighted average gold grade of 0.03 g/t Au, though gravity separation was able to concentrate gold into the pan tails.

Reasoning: The bulk sample testing shows extremely low gold grades (0.03 g/t Au), which significantly limits the economic potential of the conglomerate layer despite successful gravity separation into tails.

Positive factors

  • Gravity concentration demonstrated ability to concentrate gold into pan tails
  • Knelson testing conducted on bulk sample

Negative factors

  • Very low head grade (0.03 g/t Au) makes economic viability questionable
  • Low recovery efficiency in the pan concentrate

Facts used in scoring: 3

Classification and evidence

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: Testing was conducted on a 60kg composite sample using Knelson gravity testing.

Evidence · text

“Knelson gravity testing was conducted on a composite 60kg sample”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Erik Ostensoe, P.Geo., a Qualified Person, has reviewed and approved the disclosure.

Evidence · text

“Erik Ostensoe, P.Geo., ... a Qualified Person ... has reviewed and approves the scientific and technical disclosure”

Mill Routeneutral

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

Why it applies: the document describes a flotation route ("concentrate")

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

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: 3. Some facts used in scoring do not have a stored record.

Metallurgical Results (3)

gravityTaraira · goldRecovery: 6.9 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Taraira
Commodity
gold
Region
colombia
Reported Region
Colombia
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
Knelson gravity testing
Sample
20kg Knelson gravity test (Pan Concentrate)

Recovery

Recovery
6.9 %
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
5.21
Conc. Grade Unit
g/t
Tailings Grade
10.2
Tailings Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: Pan concentrate grade is low relative to the tails.

Evidence · text

“Pan Concentrate weighing 11.2g... assayed 5.21g/t Au, containing 6.9% of the Au in the sample.”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

Low Recoverynegative

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

Why it applies: 6.9% is below the weak band (80%)

gravityTaraira · goldRecovery: 58 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Taraira
Commodity
gold
Region
colombia
Reported Region
Colombia
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
Knelson gravity testing
Sample
20kg Knelson gravity test (Pan Tails)

Recovery

Recovery
58 %
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
10.2
Conc. Grade Unit
g/t
Tailings Grade
0.02
Tailings Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: The majority of the gold (58%) was recovered in the pan tails.

Positive factors

  • High recovery into the pan tails

Evidence · text

“Pan Tails were 48.1g... assayed 10.2g/t Au, containing 58.0% of the Au in the sample.”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

Low Recoverynegative

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

Why it applies: 58% is below the weak band (80%)

gravityTaraira · goldRecovery: 35.2 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Taraira
Commodity
gold
Region
colombia
Reported Region
Colombia
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
Knelson gravity testing
Sample
20kg Knelson gravity test (Knelson Tails)

Recovery

Recovery
35.2 %
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
0.02
Conc. Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: 35.2% of the gold remains in the Knelson tails.

Negative factors

  • Significant gold loss to tails

Evidence · text

“Knelson Tails were 19.9993kg... assayed 0.02g/t Au representing 35.2% of the Au in the sample.”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

Low Recoverynegative

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

Why it applies: 35.2% is below the weak band (80%)

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.