# Alta Copper Announces Positive Metal Recoveries and Provides Project Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019

Original source: https://money.tmx.com/en/quote/ATCU/news/6281240450642183/alta-copper-announces-positive-metal-recoveries-and-provides-project-update

Publisher: tmx

Original announcement: 2024-02-29T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-10T22:21:49.623Z

Atlas analysis updated: 2026-10-10T22:21:49.623Z

- Company: Alta Copper Corp.

- Ticker: ATCU

- Exchange: TSX

- Region: Peru

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Molybdenum

- Document categories: Metallurgy, Resource update

- Extracted: 2026-10-10 22:21:50 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Alta Copper reported positive metallurgical testwork results for the Cañariaco Sur porphyry deposit, featuring copper recoveries up to 97.4% and a low Bond Work Index. The company also provided an updated Inferred Resource estimate for Cañariaco Sur and announced that an optimized PEA is expected in early April 2024.

Reasoning: The announcement reports very positive metallurgical results \(high copper/silver recoveries\) and provides a significant resource update for the Cañariaco Sur deposit, which will be incorporated into an upcoming PEA.

- Positive factor: High copper recoveries \(up to 97.4%\)

- Positive factor: Low Bond Work Index \(11.12 kWh/t\) indicating soft rock

- Positive factor: Metallurgically clean concentrates with no deleterious elements

- Positive factor: Positive site visit for infrastructure

- Negative factor: Gold recoveries in AVP rock type are relatively low \(39.5%\)

Facts used in scoring: 18

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: Copper recoveries up to 97.4% in flotation tests.

Evidence · text

> achieved metal recoveries of up to 97.4% for copper

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Cañariaco Sur resource is reported as Inferred.

Evidence · text

> Cañariaco Sur Inferred Resource

**Mill Route**

Polarity: neutral

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

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

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

## Resource Estimates (12)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-6)

Cañariaco Sur · copper

#### Identity

- Project: Cañariaco Sur
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:3d1d96dcbc71c563ad9b
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 290000000
- Grade: 0.29
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

- Negative factor: Inferred category only

Evidence · table

> 0.29

Context: 290.0

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-7)

Cañariaco Sur · gold

#### Identity

- Project: Cañariaco Sur
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:3d1d96dcbc71c563ad9b
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 290000000
- Grade: 0.11
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 0.11

Context: 290.0

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-8)

Cañariaco Sur · silver

#### Identity

- Project: Cañariaco Sur
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:3d1d96dcbc71c563ad9b
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 290000000
- Grade: 1.3
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 1.3

Context: 290.0

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-9)

Cañariaco Sur · molybdenum

#### Identity

- Project: Cañariaco Sur
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:3d1d96dcbc71c563ad9b
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 290000000
- Grade: 22
- Grade Unit: ppm

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 22

Context: 290.0

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-10)

Cañariaco Sur · copper

#### Identity

- Project: Cañariaco Sur
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d75e7b311dac1ba50f40
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 384500000
- Grade: 0.26
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 0.26

Context: 384.5

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-11)

Cañariaco Sur · gold

#### Identity

- Project: Cañariaco Sur
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d75e7b311dac1ba50f40
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 384500000
- Grade: 0.1
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 0.10

Context: 384.5

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-12)

Cañariaco Sur · silver

#### Identity

- Project: Cañariaco Sur
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d75e7b311dac1ba50f40
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 384500000
- Grade: 1.2
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 1.2

Context: 384.5

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-13)

Cañariaco Sur · molybdenum

#### Identity

- Project: Cañariaco Sur
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:d75e7b311dac1ba50f40
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 384500000
- Grade: 22
- Grade Unit: ppm

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 22

Context: 384.5

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-14)

Cañariaco Sur · copper

#### Identity

- Project: Cañariaco Sur
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8130aee41d4c1233c85d
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 433200000
- Grade: 0.25
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 0.25

Context: 433.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-15)

Cañariaco Sur · gold

#### Identity

- Project: Cañariaco Sur
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8130aee41d4c1233c85d
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 433200000
- Grade: 0.09
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 0.09

Context: 433.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-16)

Cañariaco Sur · silver

#### Identity

- Project: Cañariaco Sur
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8130aee41d4c1233c85d
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 433200000
- Grade: 1.2
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 1.2

Context: 433.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-resource-facts-17)

Cañariaco Sur · molybdenum

#### Identity

- Project: Cañariaco Sur
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Resource scope

- Estimate type: resource
- Resource group id: resource:8130aee41d4c1233c85d
- Deposit or zone: Cañariaco Sur

#### Resource Data

- Category: inferred
- Tonnes: 433200000
- Grade: 22
- Grade Unit: ppm

#### Prior Estimate

- Resource Date: 2022-01-27

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Standard inferred resource component for the project.

Evidence · table

> 22

Context: 433.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 2.1 years before this release

## Metallurgical Results (6)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-0)

Cañariaco · copper

#### Identity

- Project: Cañariaco
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: BFP \(Biotite Feldspar Porphyry\) flotation tests

#### Recovery

- Recovery: 92.5 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: High average recovery for the primary commodity in the main rock type.

- Positive factor: Average recovery of 92.5% is strong for copper flotation

Evidence · text

> BFP tests achieved copper recoveries ranging from 80.4 to 97.4%, with an average recovery of 92.5%.

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**High Recovery**

Polarity: positive

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

Why it applies: 92.5% is at or above the exceptional band \(92%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-1)

Cañariaco · gold

#### Identity

- Project: Cañariaco
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: BFP \(Biotite Feldspar Porphyry\) flotation tests

#### Recovery

- Recovery: 63.8 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Moderate gold recovery in the primary rock type.

- Positive factor: Recoveries are positive but lower than copper

Evidence · text

> BFP gold recoveries ranged from 59.4 to 78.5% with an average recovery of 63.8%

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

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

Why it applies: 63.8% is below the weak band \(80%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-2)

Cañariaco · silver

#### Identity

- Project: Cañariaco
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: BFP \(Biotite Feldspar Porphyry\) flotation tests

#### Recovery

- Recovery: 71.1 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Solid silver recovery in the primary rock type.

Evidence · text

> silver recoveries from 53.9 to 77.0% with an average of 71.1%.

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

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

Why it applies: 71.1% is below the weak band \(75%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-3)

Cañariaco · copper

#### Identity

- Project: Cañariaco
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: AVP \(Andesite Volcanics\) flotation tests

#### Recovery

- Recovery: 95.2 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Excellent copper recovery in the secondary rock type.

- Positive factor: Very high copper recovery in AVP rock type

Evidence · text

> For the AVP rock type, the two tests achieved copper recoveries of 94.1 and 96.3%

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**High Recovery**

Polarity: positive

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

Why it applies: 95.2% is at or above the exceptional band \(92%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-4)

Cañariaco · gold

#### Identity

- Project: Cañariaco
- Commodity: gold
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: AVP \(Andesite Volcanics\) flotation tests

#### Recovery

- Recovery: 52.7 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Relatively poor gold recovery in the AVP rock type.

- Negative factor: Gold recovery in AVP is significantly lower than in BFP

Evidence · text

> gold recoveries of 39.5 and 65.9%

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

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

Why it applies: 52.7% is below the weak band \(80%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/alta-copper-announces-positive-metal-recoveries-and-provides-project-update--0a0ebbc3-4939-47f5-a245-84fbb56d6019#fact-metallurgical-facts-5)

Cañariaco · silver

#### Identity

- Project: Cañariaco
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: ATCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: flotation
- Sample: AVP \(Andesite Volcanics\) flotation tests

#### Recovery

- Recovery: 71.4 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Plenge
- Consultant: Transmin

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-02-29T00:00:00.000Z

Reasoning: Consistent silver recovery in AVP rock type.

Evidence · text

> silver recoveries of 71.0 and 71.8%

#### Tags used in scoring

**Mill Route**

Polarity: neutral

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

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

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

Why it applies: 71.4% is below the weak band \(75%\)

## 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.
