# Balmoral Resources Ltd. \(TSX:BAR\) Reports Gold Recoveries of 91.4% From Preliminary Metallurgical Testing of Bug Lake Gold Zones

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-gold-recoveries-of-91-4-from-preliminary--827316ae-6baa-48ff-9dbc-2438b27df6cb

Original source: https://money.tmx.com/en/quote/BAR/news/70339489/balmoral-resources-ltd-tsx-bar-reports-gold-recoveries-of-91-4-from-preliminary-

Publisher: tmx

Original announcement: 2015-12-10T12:26:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Balmoral Resources Ltd.

- Ticker: BAR

- Exchange: TSX

- Region: Quebec

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Metallurgy

- Extracted: 2026-08-21 13:14:07 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Balmoral Resources reported preliminary metallurgical results for the Bug Lake Gold Zones, achieving 91.4% gold and 80.2% silver recoveries. The testing, conducted on a composite sample via flotation followed by cyanide leaching, indicated rapid kinetics and low reagent consumption.

Reasoning: Preliminary metallurgical testing shows strong gold and silver recoveries using a standard flotation and cyanide leach circuit on a composite sample.

- Positive factor: High gold recovery \(91.4%\)

- Positive factor: Rapid leach kinetics

- Positive factor: Low cyanide and lime consumption

- Positive factor: Lack of deleterious elements

- Positive factor: Potential for coarse grind

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: Gold recovery of 91.4% is in the exceptional/strong band for a mill/cyanide route.

Evidence · text

> gold recoveries of 91.4% and silver recoveries of 80.2% have been achieved

**Mill Route**

Polarity: neutral

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

Why it applies: Testing involved flotation followed by cyanide leaching.

Evidence · text

> Results were achieved by standard flotation followed by cyanide leaching

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Metallurgical Results (2)

### flotation and cyanide leach

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-gold-recoveries-of-91-4-from-preliminary--827316ae-6baa-48ff-9dbc-2438b27df6cb#fact-metallurgical-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: BAR

#### Test Work

- Program Status: preliminary
- Test Type: flotation and cyanide leach
- Processing Route: standard flotation followed by cyanide leaching of the flotation concentrate and tails
- Sample: Bug Lake Composite \(Lower Bug Lake, Hanging Wall, Upper Bug Lake, and Footwall Zones\)

#### Recovery

- Recovery: 91.4 %
- Recovery Basis: actual\_test
- Head Grade: 6.3
- Head Grade Unit: g/t

#### Lab

- Laboratory: Blue Coast Research Ltd.

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-12-10T00:00:00.000Z

Reasoning: Gold recovery of 91.4% is strong for a preliminary mill route test.

- Positive factor: 91.4% recovery exceeds 90% threshold

- Positive factor: rapid kinetics

- Positive factor: low reagent consumption

### flotation and cyanide leach

[Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-gold-recoveries-of-91-4-from-preliminary--827316ae-6baa-48ff-9dbc-2438b27df6cb#fact-metallurgical-facts-1)

silver

#### Identity

- Commodity: silver
- Ticker: BAR

#### Test Work

- Program Status: preliminary
- Test Type: flotation and cyanide leach
- Processing Route: standard flotation followed by cyanide leaching of the flotation concentrate and tails
- Sample: Bug Lake Composite \(Lower Bug Lake, Hanging Wall, Upper Bug Lake, and Footwall Zones\)

#### Recovery

- Recovery: 80.2 %
- Recovery Basis: actual\_test
- Head Grade: 7.1
- Head Grade Unit: g/t

#### Lab

- Laboratory: Blue Coast Research Ltd.

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2015-12-10T00:00:00.000Z

Reasoning: Silver recovery of 80.2% is a positive result for the composite.

- Positive factor: 80.2% recovery is solid for silver byproduct

## 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.