# Fury Announces Metallurgical Test Results for the Ninaaskumuwin Lithium Discovery with Potential Direct Shipping Ore Concentrate of 6.0% Li2O5 and 77% Recovery Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover--02ca7fea-effb-4063-a701-b9deca838338 Original source: https://money.tmx.com/en/quote/FURY/news/6038022582726122/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover Publisher: tmx Original announcement: 2026-06-23T10:59:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: High concentrate grade \(6.024% Li2O5\) - Positive factor: Strong recovery \(76.66%\) - Positive factor: Low mass pull \(22.97%\) suggesting efficient concentration - Positive factor: ISO-17025 accredited laboratory used - Positive factor: Qualified Person sign-off provided - Positive factor: Potential for Direct Shipping Ore \(DSO\) via simple DMS step Facts used in scoring: 2 ## Classification and evidence **High Recovery** Polarity: positive Definition: 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 Milling** Polarity: positive Definition: 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 Disclosed** Polarity: positive Story-specific tag Definition: 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 Signed** Polarity: positive Story-specific tag Definition: 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 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 \("dense media separation"\) **Multi-Domain Tested** Polarity: positive Definition: 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 Separation [Link to this fact](https://atlas-extractions.minestarters.com/news/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover--02ca7fea-effb-4063-a701-b9deca838338#fact-metallurgical-facts-0) Ninaaskumuwin · lithium #### 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 factor: High concentrate grade - Positive factor: Strong recovery - Positive factor: 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 Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover--02ca7fea-effb-4063-a701-b9deca838338#fact-metallurgical-facts-1) Ninaaskumuwin · iron\_ore #### 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.