Canagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1% Sb and 98.3 gpt. Au

Original announcement by tmx on

Company
Canagold Resources Ltd.
Ticker
CCM
Exchange
TSX
Region
British Columbia
Primary commodity
Antimony
Secondary commodities
Gold
Document categories
Metallurgy
Extracted
2026-08-25 02:52:37 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Canagold has announced positive antimony flotation locked cycle test results for the New Polaris project. The tests produced a high-grade concentrate (59.1% Sb and 98.3 gpt Au) with 93.1% antimony recovery, offering potential upside to the project's existing feasibility study economics.

Reasoning: Strong metallurgical results for antimony flotation that could provide upside to an existing feasibility study.

Positive factors

  • High recovery of antimony (93.1%)
  • High grade concentrate (59.1% Sb)
  • Potential for significant additional revenue not currently in FS

Negative factors

  • Results are from a single 110kg composite sample

Facts used in scoring: 2

Atlas analysis — Canagold Resources Ltd.: Canagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1% Sb and 98.3 gpt. Au. 93.1% recovery; 91.8% recovery

Classification and evidence

High Recoverypositive

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

Why it applies: 93.1% antimony recovery is exceptional.

Evidence · text

“93.1 % Sb recovery in Sb-Au concentrate”

Mill Routeneutral

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

Why it applies: Testing involved flotation of a composite sample.

Evidence · text

“antimony (Sb) flotation testing”

Extracted facts

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

Metallurgical Results (2)

locked-cycleantimonyRecovery: 93.1 %View all details
Link to this fact

Identity

Commodity
antimony
Ticker
CCM

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes

Recovery

Recovery
93.1 %
Conc. Grade
59.1
Conc. Grade Unit
%

Lab

Laboratory
Blue Coast Research Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-01T00:00:00.000Z

Reasoning: 93.1% recovery is exceptional for antimony flotation.

Positive factors

  • Exceptional recovery and concentrate grade

Evidence · text

“93.1 % Sb recovery in Sb-Au concentrate”
locked-cyclegoldRecovery: 91.8 %View all details
Link to this fact

Identity

Commodity
gold
Ticker
CCM

Test Work

Program Status
detailed
Test Type
locked-cycle
Processing Route
flotation
Sample
110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes

Recovery

Recovery
91.8 %
Conc. Grade
98.3
Conc. Grade Unit
gpt

Lab

Laboratory
Blue Coast Research Ltd.

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-01T00:00:00.000Z

Reasoning: 91.8% gold recovery is strong for a combined concentrate.

Positive factors

  • High gold recovery in combined concentrates

Evidence · text

“91.8% Au recovery in the combined Au and Sb-Au concentrates”

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.