# BTR: Sandstone PFS Metallurgy Delivers 94% Gold Recovery

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03143254

Publisher: asx

Original announcement: 2026-09-23T23:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-24T00:22:05.290Z

Atlas analysis updated: 2026-09-24T00:22:05.290Z

- Company: Brightstar Resources Limited

- Ticker: BTR

- Exchange: ASX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-09-24 00:22:06 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Brightstar Resources announced metallurgical testwork results for its Sandstone Gold Project, delivering average gold recoveries of 94% using a conventional gravity and CIL flowsheet. The results, which cover 80% of the 2.9Moz Mineral Resource, confirm a simple, low-cost processing route with high gravity gold recovery and low reagent consumption, supporting the ongoing Pre-Feasibility Study due in December Q4 2026.

Reasoning: PFS-level metallurgical testwork confirms high average gold recoveries of 95.7% \(CIL\) across 80% of the 2.9Moz Sandstone Gold Project, using a conventional gravity and CIL flowsheet, with low reagent consumption and no refractory characteristics, significantly de-risking the project's processing route.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Facts used in scoring: 13

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: The metallurgical testwork delivered average gold recoveries of 94% and overall CIL recoveries averaged 95.7%, which is at or above the exceptional band for the CIL processing route.

Evidence · text

> average gold recoveries of 94%

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The testwork identified no refractory recovery characteristics, preg-robbing, or other complex processing issues, indicating the ore is amenable to standard processing.

Evidence · text

> No refractory recovery characteristics have been identified in any deposit at Sandstone.

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: The testwork covered master and variability composites from nine deposits and included oxide, transitional, and fresh ore types, representing approximately 80% of the Sandstone Mineral Resource.

Evidence · text

> The deposits tested represent approximately 80% of the Sandstone Mineral Resource; results are being incorporated into the Sandstone PFS

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The metallurgical results are based on information reviewed by Mr Alex Borger, a Member of The Australasian Institute of Mining and Metallurgy \(AusIMM\), who qualifies as a Competent Person.

Evidence · text

> Mr Alex Borger, BSc \(Extractive Metallurgy and Chemistry\), who is a Member of The Australasian Institute of Mining and Metallurgy \(AusIMM\).

**JORC Compliant**

Polarity: positive

Story-specific tag

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The Competent Person Statement confirms that the information is reported in accordance with the JORC Code 2012.

Evidence · text

> Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” \(JORC Code 2012\).

**PFS-Supporting**

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: The metallurgical testwork program is being completed as part of the Pre-Feasibility Study \(PFS\) on the Sandstone Gold Project.

Evidence · text

> metallurgical testwork program being completed as part of the Pre-Feasibility Study \(PFS\) on its Sandstone Gold Project

**Mill Route**

Polarity: neutral

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

Why it applies: The confirmed processing route is a conventional gravity and carbon-in-leach \(CIL\) circuit, which is a mill-based process.

Evidence · text

> conventional gravity and carbon-in-leach \(CIL\) circuit

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: A significant proportion of the gold is recoverable by gravity alone, with master composites averaging 42% gravity recovery.

Evidence · text

> A significant proportion of the gold is recoverable by gravity alone

**Deleterious Elements Present**

Polarity: negative

Story-specific tag

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: While no refractory characteristics were identified, the report notes the presence of arsenic, tellurium, and bismuth in some composites, which will be assessed further.

Evidence · text

> Arsenic is highest in the Havilah fresh master composite \(741ppm As\)... Tellurium is low across the program except at Montague Boulder, where it correlates with bismuth \(R2 = 0.97\) and with leach residue gold grade \(R2 = 0.98\)

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Metallurgical Results (13)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-0)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Montague Boulder Transitional
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 98.6 %
- Recovery Basis: actual\_test
- Head Grade: 1.93
- Head Grade Unit: g/t
- Tailings Grade: 0.03
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.15 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 98.6% for the Montague Boulder Transitional composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 98.6

Context: Montague Boulder Transitional

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 98.6% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-1)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Montague Boulder Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 91.1 %
- Recovery Basis: actual\_test
- Head Grade: 2.93
- Head Grade Unit: g/t
- Tailings Grade: 0.2
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.14 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: Strong CIL gold recovery of 91.1% for the Montague Boulder Fresh composite, above the strong threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 91.1

Context: Montague Boulder Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-2)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Vanguard Oxide
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 98.5 %
- Recovery Basis: actual\_test
- Head Grade: 2.28
- Head Grade Unit: g/t
- Tailings Grade: 0.09
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.14 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 98.5% for the Vanguard Oxide composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 98.5

Context: Vanguard Oxide

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 98.5% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-3)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Vanguard Transitional
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 96.3 %
- Recovery Basis: actual\_test
- Head Grade: 2.02
- Head Grade Unit: g/t
- Tailings Grade: 0.1
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.46 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 96.3% for the Vanguard Transitional composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 96.3

Context: Vanguard Transitional

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 96.3% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-4)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Vanguard Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 95.8 %
- Recovery Basis: actual\_test
- Head Grade: 2.38
- Head Grade Unit: g/t
- Tailings Grade: 0.12
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.27 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 95.8% for the Vanguard Fresh composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 95.8

Context: Vanguard Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 95.8% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-5)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Havilah Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 89.7 %
- Recovery Basis: actual\_test
- Head Grade: 1.81
- Head Grade Unit: g/t
- Tailings Grade: 0.18
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.3 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: Moderate CIL gold recovery of 89.7% for the Havilah Fresh composite, just below the strong threshold for CIL, but still within an economic range, supporting processing amenability despite elevated arsenic.

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 89.7

Context: Havilah Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-6)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Lord Nelson Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 92.9 %
- Recovery Basis: actual\_test
- Head Grade: 1.48
- Head Grade Unit: g/t
- Tailings Grade: 0.18
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.3 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: Strong CIL gold recovery of 92.9% for the Lord Nelson Fresh composite, above the strong threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 92.9

Context: Lord Nelson Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-7)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Lord Henry Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 95.8 %
- Recovery Basis: actual\_test
- Head Grade: 1.07
- Head Grade Unit: g/t
- Tailings Grade: 0.07
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.2 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 95.8% for the Lord Henry Fresh composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 95.8

Context: Lord Henry Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 95.8% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-8)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Achilles Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 97.2 %
- Recovery Basis: actual\_test
- Head Grade: 1.44
- Head Grade Unit: g/t
- Tailings Grade: 0.07
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.21 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 97.2% for the Achilles Fresh composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 97.2

Context: Achilles Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 97.2% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-9)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Whistler Fresh
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 97.3 %
- Recovery Basis: actual\_test
- Head Grade: 2.1
- Head Grade Unit: g/t
- Tailings Grade: 0.04
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.17 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 97.3% for the Whistler Fresh composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 97.3

Context: Whistler Fresh

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 97.3% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-10)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Two Mile Hill Fresh \(MC1\)
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 95 %
- Recovery Basis: actual\_test
- Head Grade: 1.11
- Head Grade Unit: g/t
- Tailings Grade: 0.09
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.14 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 95.0% for the Two Mile Hill Fresh \(MC1\) composite, at the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 95.0

Context: Two Mile Hill Fresh \(MC1\)

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 95% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-11)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Two Mile Hill Fresh \(MC2\)
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 99.3 %
- Recovery Basis: actual\_test
- Head Grade: 3.77
- Head Grade Unit: g/t
- Tailings Grade: 0.08
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.13 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: Exceptional CIL gold recovery of 99.3% for the Two Mile Hill Fresh \(MC2\) composite, well above the exceptional threshold for CIL, strongly supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 99.3

Context: Two Mile Hill Fresh \(MC2\)

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 99.3% is at or above the exceptional band \(95%\)

### CIL

[Link to this fact](https://atlas-staging.minestarters.com/news/btr-sandstone-pfs-metallurgy-delivers-94-gold-recovery--824cd9f5-c1dd-44fc-8762-4a84fc7c821a#fact-metallurgical-facts-12)

Sandstone Gold Project · gold

#### Identity

- Project: Sandstone Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BTR

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: conventional gravity and CIL flowsheet
- Sample: Indomitable Oxide
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 96.7 %
- Recovery Basis: actual\_test
- Head Grade: 2.17
- Head Grade Unit: g/t
- Tailings Grade: 0.06
- Tailings Grade Unit: g/t

#### Reagents

- Cyanide: 0.36 kg/t

#### Lab

- Laboratory: Metallurgy Pty Ltd and SGS Australia
- Consultant: Independent Metallurgical Operations Pty Ltd and GR Engineering Services Limited

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-23T00:00:00.000Z

Reasoning: High CIL gold recovery of 96.7% for the Indomitable Oxide composite, well above the exceptional threshold for CIL, supports the project's processing amenability.

- Positive factor: High Recovery

- Positive factor: Free Milling

- Positive factor: Multi-Domain Tested

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Negative factor: Deleterious Elements Present

Evidence · table

> 96.7

Context: Indomitable Oxide

#### 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 mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

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

Why it applies: 96.7% is at or above the exceptional band \(95%\)

## 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.
