Fury Announces Metallurgical Test Results for the Ninaaskumuwin Lithium Discovery with Potential Direct Shipping Ore Concentrate of 6.0% Li2O5 and 77% Recovery
Original announcement by tmx on
- Company
- Fury Gold Mines Limited
- Ticker
- FURY
- Exchange
- TSX
- Region
- Northern Quebec
- Primary commodity
- Lithium
- Secondary commodities
- Iron ore
- Document categories
- Metallurgy
- Extracted
- 2026-09-17 22:41:54 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Fury Gold Mines Limited announced successful metallurgical test results for its Ninaaskumuwin lithium discovery in Quebec. Tests using Dense Media Separation (DMS) achieved a 6.024% Li2O5 concentrate grade with 76.66% recovery from a 22.97% mass pull.
Reasoning: The metallurgical test results demonstrate high-grade concentrate potential and strong recovery using a conventional, low-complexity DMS process, significantly de-risking the project's processing profile.
Positive factors
- High concentrate grade (6.024% Li2O5)
- Strong recovery (76.66%)
- Low mass pull (22.97%) suggesting efficient concentration
- ISO-17025 accredited laboratory used
- Qualified Person sign-off provided
- Potential for Direct Shipping Ore (DSO) via simple DMS step
Facts used in scoring: 2
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: 76.66% recovery for lithium via DMS is strong for a preliminary test.
Evidence · text
“recovering 76.66% of the lithium”
Free Millingpositive
Simple, clean ore amenable to standard processing without oxidation.
Why it applies: Spodumene is the only identified lithiferous mineral and pegmatite is free of impurities.
Evidence · text
“Spodumene is the only identified lithiferous mineral and the intercepted pegmatite is free of impurities”
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: Tests were conducted in an ISO-17025-version 2017 complying laboratory and reviewed by a QP.
Evidence · text
“complying with ISO-17025-version 2017”
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: Valérie Doyon, P.Geo, has reviewed and approved the technical disclosures.
Evidence · text
“Valérie Doyon, P.Geo... has reviewed and approved the technical disclosures”
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 ("dense media separation")
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: 2 distinct composites were tested
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
Dense Media SeparationNinaaskumuwin · lithiumRecovery: 76.66 %View all detailsHide details
Identity
- Project
- Ninaaskumuwin
- Commodity
- lithium
- Region
- canada_qc
- Reported Region
- Northern Quebec
- Ticker
- FURY
Test Work
- Program Status
- preliminary
- Test Type
- Dense Media Separation
- Processing Route
- single Dense Media Separation (DMS) step applied to the coarsest crushed feed
- Sample
- 85 samples containing up to 42% spodumene
Recovery
- Recovery
- 76.66 %
- Recovery Basis
- actual_test
- Conc. Grade
- 6.024
- Conc. Grade Unit
- % Li2O5
- Mass Pull
- 22.97 %
Lab
- Laboratory
- IGS
- Consultant
- IGS Impact Global Solutions Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-23T00:00:00.000Z
Reasoning: Excellent concentrate grade and recovery achieved via a simple DMS process.
Positive factors
- High concentrate grade
- Strong recovery
- Low mass pull
Evidence · text
“producing a Direct Shipping Ore (“ DSO ”) concentrate grading 6.024% Li₂O₅ while recovering 76.66% of the lithium in 22.97% of the mass”
Tags used in scoring
Gravity Routeneutral
Gravity separation forms a material part of the flowsheet.
Why it applies: processing_route matches the gravity signal
Fact 2Ninaaskumuwin · iron_oreHead Grade: 6.3Head Grade Unit: % Fe2O3View all detailsHide details
Identity
- Project
- Ninaaskumuwin
- Commodity
- iron_ore
- Region
- canada_qc
- Reported Region
- Northern Quebec
- Ticker
- FURY
Test Work
- Program Status
- preliminary
- Sample
- Analyzed 85 samples
Recovery
- Head Grade
- 6.3
- Head Grade Unit
- % Fe2O3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-23T00:00:00.000Z
Reasoning: Reporting of iron oxide range in feed samples.
Evidence · text
“Sample grades range from... 0.36% to 6.30% Fe₂O₃”
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.