Spanish Mountain Gold Receives Positive Particle Ore Sorting Results for the Phoenix Deposit Highlighting Production Upside
Original announcement by tmx on
- Company
- Spanish Mountain Gold Ltd.
- Ticker
- SPA
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy
- Extracted
- 2026-09-18 23:44:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Spanish Mountain Gold has announced positive Phase 1 XRT particle ore sorting results for its Phoenix deposit. The tests showed the potential to upgrade feed grades by two or more times while rejecting 50% to 70% of waste mass, with gold recoveries between 85% and 92%.
Reasoning: Positive Phase 1 XRT ore sorting results for the Phoenix deposit demonstrate significant potential to upgrade feed grades and reject waste, which could improve project economics and scale.
Positive factors
- High mass rejection (50-70%)
- Significant grade upgrade potential (2x+)
- Strong gold recovery (85-92%)
- Potential for improved project economics and reduced CAPEX/OPEX
Facts used in scoring: 1
Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The testing aims to optimize ROM feed into the existing mill and process plant.
Evidence · text
“optimize the run-of-mine (“ ROM ”) feed material into the Mill and Process Plant”
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Gold recovery from sorting was reported between 85% and 92%, which is strong for this stage.
Evidence · text
“Particle ore sorting resulted 85 % to 92 % recovery of gold”
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: 1. Some facts used in scoring do not have a stored record.
Metallurgical Results (1)
XRT sortingSpanish Mountain Gold Project · goldRecovery: 88.5 %Head Grade: 0.48Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Spanish Mountain Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- SPA
Test Work
- Program Status
- preliminary
- Test Type
- XRT sorting
- Processing Route
- X-ray transmission (XRT) particle ore sorting
- Sample
- Phase 1 7.5-cm pieces of half-core samples from Phoenix deposit
Recovery
- Recovery
- 88.5 %
- Recovery Basis
- actual_test
- Head Grade
- 0.48
- Head Grade Unit
- g/t
Lab
- Laboratory
- Saskatchewan Research Council (SRC)
- Consultant
- ABH Engineering Inc.
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Strong recovery and high mass rejection indicate significant potential for grade enhancement.
Positive factors
- High mass rejection
- Significant grade upgrade potential
Evidence · text
“Phoenix deposit samples, averaging a grade of 0.48 g/t Au, are shown to have the potential to yield an upgrade of the ROM feed grade by two or more times, while achieving 85% to 92% gold recovery and rejecting 50% to 70% of the sorter feed mass.”
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.