Balmoral Resources Ltd (TSX:BAR) Reports Positive Metallurgical Results from Initial Testing of H3 Ni-Sulphide Zone at Grasset, Quebec

Original announcement by tmx on

Company
Balmoral Resources Ltd
Ticker
BAR
Exchange
TSX
Region
Quebec
Primary commodity
Nickel
Secondary commodities
Copper, Palladium, Cobalt, Platinum, Gold
Document categories
Metallurgy
Extracted
2026-08-21 13:15:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Balmoral Resources reported positive initial metallurgical results from locked cycle flotation testing on the H3 Ni-Sulphide Zone at the Grasset Project. The tests produced high nickel and copper recoveries using a conventional flowsheet and indicated that tailings are likely non-acid generating.

Reasoning: Initial locked cycle flotation tests yielded high nickel (86-87%) and copper (93-94%) recoveries using a conventional flowsheet, with no significant penalty elements detected.

Positive factors

  • high nickel recoveries
  • high copper recoveries
  • conventional flowsheet
  • no significant contaminants
  • non-acid generating tailings

Negative factors

  • precious metal recoveries are estimates only
  • variability in hardness noted

Facts used in scoring: 4

Classification and evidence

High Recoverypositive

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

Why it applies: Nickel recoveries of 86-87% and copper recoveries of 94% are in the upper quartile for nickel assets.

Evidence · text

“Nickel Recoveries of 86.0 to 87.3%, Copper Recoveries of 93.5-94.4%”

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The report notes the ore is not acid generating and has good recoveries with a conventional flowsheet.

Evidence · text

“tailings produced from the recovery process would likely not be acid generating”

Mill Routeneutral

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

Why it applies: Testing used a flotation flowsheet with a primary grind.

Evidence · text

“simple and conventional rougher and three stage cleaner flowsheet”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

locked-cyclenickelRecovery: 86 %Head Grade: 1.87Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
BAR

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
rougher and three stage cleaner flotation, p80=65 um
Sample
MC-1 and MC-2 master composites
Grind P80
65 µm

Recovery

Recovery
86 %
Recovery Basis
actual_test
Head Grade
1.87
Head Grade Unit
%

Reagents

Reagent Notes
Addition of Soda Ash and CMC for talc depression

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2015-09-30T00:00:00.000Z

Reasoning: Nickel recoveries of 86-87% are described as being in the upper quartile for producing and development stage nickel assets.

Positive factors

  • high recovery
locked-cyclenickelRecovery: 87.3 %Head Grade: 1.29Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
BAR

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
rougher and three stage cleaner flotation, p80=65 um
Sample
MC-1 and MC-2 master composites
Grind P80
65 µm

Recovery

Recovery
87.3 %
Recovery Basis
actual_test
Head Grade
1.29
Head Grade Unit
%

Reagents

Reagent Notes
Addition of Soda Ash and CMC for talc depression

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2015-09-30T00:00:00.000Z

Reasoning: Nickel recoveries of 86-87% are described as being in the upper quartile for producing and development stage nickel assets.

Positive factors

  • high recovery
locked-cyclecopperRecovery: 94 %View all details
Link to this fact

Identity

Commodity
copper
Ticker
BAR

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
rougher and three stage cleaner flotation, p80=65 um
Sample
MC-1 and MC-2 master composites
Grind P80
65 µm

Recovery

Recovery
94 %
Recovery Basis
actual_test

Reagents

Reagent Notes
Copper recovery to concentrate was very high averaging 94%

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2015-09-30T00:00:00.000Z

Reasoning: Copper recovery averaged 94%, which is described as very high.

Positive factors

  • very high recovery
locked-cyclepalladiumRecovery: 89 %View all details
Link to this fact

Identity

Commodity
palladium
Ticker
BAR

Test Work

Program Status
preliminary
Test Type
locked-cycle
Processing Route
rougher and three stage cleaner flotation, p80=65 um
Sample
MC-1 and MC-2 master composites
Grind P80
65 µm

Recovery

Recovery
89 %
Recovery Basis
actual_test

Reagents

Reagent Notes
Palladium recovery of 89%

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2015-09-30T00:00:00.000Z

Reasoning: Palladium recovery of 89% was reported, though precious metal recoveries are noted as estimates only.

Positive factors

  • good recovery

Negative factors

  • recovery is an estimate

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.