New metallurgical results add to Cannindah’s Copper lustre

Original announcement by stockhead on

Company
Cannindah Resources
Ticker
CAE
Exchange
Unavailable
Region
Unavailable
Primary commodity
Copper
Secondary commodities
Silver, Gold
Document categories
Metallurgy, Resource update
Extracted
2026-09-22 01:03:24 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cannindah Resources has reported successful coarse particle flotation results at Mt Cannindah, achieving 94% copper and 92% silver recovery at a P80 of 450µm. These results suggest potential for lower energy costs and higher throughput, which will be incorporated into an upcoming Mineral Resource Estimate update.

Reasoning: The announcement reports successful coarse particle flotation results that could significantly improve project economics via lower energy and higher throughput, while also providing a baseline resource for an upcoming update.

Positive factors

  • High copper recovery (94%) achieved at a significantly coarser grind (P80 450µm)
  • Coarse flotation allows for reduced energy requirements and potentially higher throughput
  • Conventional flotation confirmed saleable concentrate with low penalty elements
  • Strong mass rejection (82%) in coarse flotation

Negative factors

  • Gold recovery is variable and difficult to assay due to spotty distribution

Facts used in scoring: 10

Classification and evidence

Mill Routeneutral

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

Why it applies: The results involve flotation (coarse and conventional) which is a mill-based processing route.

Evidence · text

“coarse flotation test returned 94% copper recovery”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Copper recovery of 94% at a coarse grind is exceptional for this stage.

Evidence · text

“recovered 94% of copper and 92% of silver using NovaCell coarse particle flotation”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document explicitly mentions that new recovery assumptions will feed into a planned resource update.

Evidence · text

“New recovery assumptions will feed a resource update planned for the end of September”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

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

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Resource Estimates (3)

Fact 1Cannindah Breccia · copperTonnes: 14500000Grade: 0.72Grade Unit: %View all details
Link to this fact

Identity

Project
Cannindah Breccia
Commodity
copper
Ticker
CAE

Resource scope

Estimate type
resource
Resource group id
resource:1749397488ccdcd52987

Resource Data

Tonnes
14500000
Grade
0.72
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Existing resource baseline provided for context.

Evidence · text

“The standing Cannindah Breccia resource is 14.5Mt at 0.72% Cu”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 2Cannindah Breccia · goldTonnes: 14500000Grade: 0.42Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cannindah Breccia
Commodity
gold
Ticker
CAE

Resource scope

Estimate type
resource
Resource group id
resource:1749397488ccdcd52987

Resource Data

Tonnes
14500000
Grade
0.42
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Existing resource baseline provided for context.

Evidence · text

“14.5Mt at 0.72% Cu, 0.42g/t Au and 13.7g/t Ag”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 3Cannindah Breccia · silverTonnes: 14500000Grade: 13.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Cannindah Breccia
Commodity
silver
Ticker
CAE

Resource scope

Estimate type
resource
Resource group id
resource:1749397488ccdcd52987

Resource Data

Tonnes
14500000
Grade
13.7
Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Existing resource baseline provided for context.

Evidence · text

“14.5Mt at 0.72% Cu, 0.42g/t Au and 13.7g/t Ag”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Metallurgical Results (7)

coarse particle flotationMt Cannindah · copperRecovery: 94 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Test Type
coarse particle flotation
Processing Route
NovaCell coarse particle flotation
Sample
two composite samples (>150kg each) from six diamond holes
Grind P80
450 µm

Recovery

Recovery
94 %
Recovery Basis
actual_test
Mass Pull
18 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: 94% recovery at 450um is a strong technical result for coarse flotation.

Positive factors

  • High recovery at a very coarse grind size

Evidence · text

“recovered 94% of copper and 92% of silver using NovaCell coarse particle flotation at a target primary grind of about P80 450µm, while an 18% mass pull meant 82% of the processed material was rejected.”

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

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 94% is at or above the exceptional band (92%)

coarse particle flotationMt Cannindah · silverRecovery: 92 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
silver
Ticker
CAE

Test Work

Test Type
coarse particle flotation
Processing Route
NovaCell coarse particle flotation
Sample
two composite samples (>150kg each) from six diamond holes
Grind P80
450 µm

Recovery

Recovery
92 %
Recovery Basis
actual_test
Mass Pull
18 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: High silver recovery supports the coarse flotation pathway.

Positive factors

  • Strong silver recovery alongside copper

Evidence · text

“recovered 94% of copper and 92% of silver using NovaCell coarse particle flotation”

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

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 92% is at or above the exceptional band (90%)

coarse particle flotationMt Cannindah · goldRecovery: 68 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
gold
Ticker
CAE

Test Work

Test Type
coarse particle flotation
Processing Route
NovaCell coarse particle flotation
Sample
two composite samples (>150kg each) from six diamond holes
Grind P80
450 µm

Recovery

Recovery
68 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Gold recovery is lower and noted as variable/unreliable in the coarse test.

Negative factors

  • Variable results due to spotty distribution

Evidence · text

“Gold recovery was 68%. Cannindah Resources (ASX:CAE) cautioned that gold results remain variable”

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

Low Recoverynegative

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

Why it applies: 68% is below the weak band (80%)

flotationMt Cannindah · copperRecovery: 97 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Test Type
flotation
Processing Route
conventional flotation
Sample
optimised conventional rougher test
Grind P80
250 µm

Recovery

Recovery
97 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms high recovery in standard flowsheet.

Positive factors

  • High recovery in conventional circuit

Evidence · text

“An optimised conventional rougher test at P80 250µm returned 97% copper and 94% silver recovery”

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

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97% is at or above the exceptional band (92%)

flotationMt Cannindah · silverRecovery: 94 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
silver
Ticker
CAE

Test Work

Test Type
flotation
Processing Route
conventional flotation
Sample
optimised conventional rougher test
Grind P80
250 µm

Recovery

Recovery
94 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms high recovery in standard flowsheet.

Positive factors

  • High recovery in conventional circuit

Evidence · text

“An optimised conventional rougher test at P80 250µm returned 97% copper and 94% silver recovery”

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

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 94% is at or above the exceptional band (90%)

flotationMt Cannindah · copperRecovery: 83.7 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Test Type
flotation
Processing Route
conventional flotation
Sample
two cleaner stages

Recovery

Recovery
83.7 %
Recovery Basis
actual_test
Conc. Grade
25
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms ability to produce a saleable concentrate.

Positive factors

  • Produces saleable concentrate

Evidence · text

“two cleaner stages produced 25.0% Cu at 83.7% copper recovery”

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

flotationMt Cannindah · copperRecovery: 89.8 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Test Type
flotation
Processing Route
conventional flotation
Sample
one cleaner stage

Recovery

Recovery
89.8 %
Recovery Basis
actual_test
Conc. Grade
18.3
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms ability to produce a saleable concentrate.

Positive factors

  • Produces saleable concentrate

Evidence · text

“one cleaner stage produced 18.3% Cu at 89.8% recovery”

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.