# Balmoral Resources Ltd \(TSX:BAR\) Reports Positive Metallurgical Results from Initial Testing of H3 Ni-Sulphide Zone at Grasset, Quebec Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi--8b932420-13d8-464b-b2e1-74f8d1a4a461 Original source: https://money.tmx.com/en/quote/BAR/news/67582897/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi Publisher: tmx Original announcement: 2015-09-30T21:11:00.000Z 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: Nickel - Secondary commodities: Copper, Palladium, Cobalt, Platinum, Gold - Document categories: Metallurgy - Extracted: 2026-08-21 13:15:16 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: high nickel recoveries - Positive factor: high copper recoveries - Positive factor: conventional flowsheet - Positive factor: no significant contaminants - Positive factor: non-acid generating tailings - Negative factor: precious metal recoveries are estimates only - Negative factor: variability in hardness noted Facts used in scoring: 4 ## Classification and evidence **High Recovery** Polarity: positive Definition: 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 Milling** Polarity: positive Definition: 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 Route** Polarity: neutral Definition: 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-cycle [Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi--8b932420-13d8-464b-b2e1-74f8d1a4a461#fact-metallurgical-facts-0) nickel #### 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 factor: high recovery ### locked-cycle [Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi--8b932420-13d8-464b-b2e1-74f8d1a4a461#fact-metallurgical-facts-1) nickel #### 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 factor: high recovery ### locked-cycle [Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi--8b932420-13d8-464b-b2e1-74f8d1a4a461#fact-metallurgical-facts-2) copper #### 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 factor: very high recovery ### locked-cycle [Link to this fact](https://atlas-staging.minestarters.com/news/balmoral-resources-ltd-tsx-bar-reports-positive-metallurgical-results-from-initi--8b932420-13d8-464b-b2e1-74f8d1a4a461#fact-metallurgical-facts-3) palladium #### 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 factor: good recovery - Negative factor: 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.