# Canagold Successfully Produces Physical Antimony Metal Grading over 99% Sb from New Polaris Concentrate

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/canagold-successfully-produces-physical-antimony-metal-grading-over-99-sb-from-n--52d72b1a-7dd4-4f6b-839a-24243e5396b4

Original source: https://orestocks.com/company/CCM.TO/press-releases/8721567012226281

Publisher: orestocks

Original announcement: 2026-10-06T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-06T11:22:36.891Z

Atlas analysis updated: 2026-10-06T11:22:36.891Z

- Company: Canagold Resources Ltd.

- Ticker: CCM.TO

- Exchange: Unavailable

- Region: British Columbia

- Primary commodity: Antimony

- Secondary commodities: Gold

- Document categories: Metallurgy

- Extracted: 2026-10-06 11:22:37 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Canagold has successfully produced physical antimony metal grading over 99% Sb from its New Polaris project concentrate. The refining process, using alkaline sulphide leach and electrowinning, achieved a 99.7% antimony leach extraction rate.

Reasoning: The successful refining of concentrate into high-purity metal is a major technical milestone that de-risks the project's ability to produce a high-value refined product rather than just a concentrate.

- Positive factor: Successful production of high-purity \(99%+\) antimony metal

- Positive factor: High leach extraction efficiency \(99.7%\)

- Positive factor: Demonstrated pathway to capture more value chain vs selling concentrate

- Positive factor: Critical mineral strategic importance

- Negative factor: Requires additional optimization and feasibility-level studies

Facts used in scoring: 3

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: 99.7% antimony leach extraction is exceptional.

Evidence · text

> achieved 99.7% antimony leach extraction

**Mill Route**

Polarity: neutral

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

Why it applies: The process involves alkaline sulphide leach and electrowinning.

Evidence · text

> Using an alkaline sulphide leach followed by electrowinning

**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: Garry Biles, P.Eng., is named as the Qualified Person.

Evidence · text

> Garry Biles, P.Eng., President &amp; COO, is the Qualified Person

**Multi-Domain Tested**

Polarity: positive

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

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Metallurgical Results (3)

### refining test work

[Link to this fact](https://atlas-staging.minestarters.com/news/canagold-successfully-produces-physical-antimony-metal-grading-over-99-sb-from-n--52d72b1a-7dd4-4f6b-839a-24243e5396b4#fact-metallurgical-facts-0)

New Polaris · antimony

#### Identity

- Project: New Polaris
- Commodity: antimony
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: CCM.TO

#### Test Work

- Program Status: detailed
- Test Type: refining test work
- Processing Route: alkaline sulphide leach followed by electrowinning
- Sample: New Polaris antimony-gold concentrate

#### Recovery

- Recovery: 99.7 %
- Recovery Basis: actual\_test
- Head Grade: 59.1
- Head Grade Unit: %

#### Lab

- Laboratory: Core Metallurgy Pty Ltd.
- Consultant: Core Metallurgy Pty Ltd.

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: The leach extraction rate is exceptional for the antimony commodity.

- Positive factor: Extremely high leach extraction \(99.7%\)

Evidence · text

> achieved 99.7% antimony leach extraction

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/canagold-successfully-produces-physical-antimony-metal-grading-over-99-sb-from-n--52d72b1a-7dd4-4f6b-839a-24243e5396b4#fact-metallurgical-facts-1)

New Polaris · antimony

#### Identity

- Project: New Polaris
- Commodity: antimony
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: CCM.TO

#### Test Work

- Sample: Physical antimony metal produced from concentrate

#### Recovery

- Conc. Grade: 99
- Conc. Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: Producing metal at this purity level demonstrates technical viability for a refined product.

- Positive factor: Produced high-purity metal \(&gt;99% Sb\)

Evidence · text

> produced antimony metal grading greater than 99% Sb

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/canagold-successfully-produces-physical-antimony-metal-grading-over-99-sb-from-n--52d72b1a-7dd4-4f6b-839a-24243e5396b4#fact-metallurgical-facts-2)

New Polaris · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: New Polaris
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: CCM.TO

#### Test Work

- Sample: New Polaris antimony-gold concentrate

#### Recovery

- Head Grade: 98.3
- Head Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-10-01T00:00:00.000Z

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: This is a restatement of previous concentrate assay results.

Evidence · text

> high-grade gold-antimony concentrate assaying 59.1% Sb and 98.3 g/t Au \(see news release dated October 1, 2025\)

## 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.
