Cosigo Resources Announces Results of Conglomerate Layer Bulk Sample for Gravity Concentration Tests

Original announcement by tmx on

Company
Cosigo Resources Ltd.
Ticker
CSG
Exchange
TSX
Region
Colombia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-08-23 06:32:23 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cosigo Resources reported results from Knelson gravity concentration tests on a 60kg bulk sample from the Chicken Coop conglomerate at the Taraira project. The sample had a very low weighted average gold grade of 0.03 g/t Au, with testing showing significant gold distribution across tails and concentrates.

Reasoning: The bulk sample testing on the Chicken Coop conglomerate yielded a very low weighted average head grade of 0.03 g/t Au. While gravity separation was tested, the gold is largely lost to the Knelson tails (35.2% of total Au) and the pan tails (which actually had a higher grade than the concentrate) suggest complex liberation or poor recovery efficiency.

Positive factors

  • Gravity concentration demonstrated potential to recover gold into pan tails

Negative factors

  • Very low head grade (0.03 g/t Au)
  • High gold loss in Knelson tails
  • Pan concentrate grade is low for gravity recovery

Facts used in scoring: 3

Classification and evidence

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The testing was conducted on a 60kg composite sample using a 20kg Knelson test, which is bench-scale work.

Evidence · text

“Knelson gravity testing was conducted on a composite 60kg sample”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: The release explicitly describes Knelson gravity testing.

Evidence · text

“Knelson gravity testing was conducted”

Extracted facts

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

Metallurgical Results (3)

gravitygoldRecovery: 6.9 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
gravity
Sample
20kg Knelson gravity test - Pan Concentrate

Recovery

Recovery
6.9 %
Recovery Basis
actual_test
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
5.21
Conc. Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: The pan concentrate grade of 5.21 g/t Au is relatively low for a gravity concentrate.

Negative factors

  • Low concentrate grade

Evidence · text

“Pan Concentrate weighing 11.2g... and assayed 5.21g/t Au, containing 6.9% of the Au in the sample.”
gravitygoldRecovery: 58 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
gravity
Sample
20kg Knelson gravity test - Pan Tails

Recovery

Recovery
58 %
Recovery Basis
actual_test
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
10.2
Conc. Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: The pan tails contained the majority of the gold (58%) at a higher grade than the concentrate.

Positive factors

  • High grade in pan tails

Evidence · text

“Pan Tails were 48.1g... and assayed 10.2g/t Au, containing 58.0% of the Au in the sample.”
gravitygoldRecovery: 35.2 %Head Grade: 0.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
CSG

Test Work

Program Status
preliminary
Test Type
gravity
Processing Route
gravity
Sample
20kg Knelson gravity test - Knelson Tails

Recovery

Recovery
35.2 %
Recovery Basis
actual_test
Head Grade
0.03
Head Grade Unit
g/t
Conc. Grade
0.02
Conc. Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-04-07T00:00:00.000Z

Reasoning: 35.2% of the gold in the sample was lost to the Knelson tails.

Negative factors

  • High gold loss to tails

Evidence · text

“Knelson Tails were 19.9993kg... and assayed 0.02g/t Au representing 35.2% of the Au in the sample.”

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.