# Fury Announces Metallurgical Test Results for the Ninaaskumuwin Lithium Discovery with Potential Direct Shipping Ore Concentrate of 6.0% Li2O5 and 77% Recovery

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover--913c2ac5-4b08-4dbe-be35-e93fe67e35b0

Original source: https://finance.yahoo.com/markets/commodities/articles/fury-announces-metallurgical-test-results-105900076.html

Publisher: yahoo\_press

Original announcement: 2026-06-23T10:59:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Fury Gold Mines Limited

- Ticker: FURY

- Exchange: TSX

- Region: Northern Quebec

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-08-20 21:37:35 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Fury Gold Mines Limited has announced final metallurgical test results for its Ninaaskumuwin lithium discovery in Northern Quebec. The results indicate a potential direct shipping ore concentrate of 6.0% Li2O5 with a 77% recovery rate.

Reasoning: The announcement reports significant metallurgical results for a lithium discovery, including a high recovery rate and a high-grade concentrate potential.

- Positive factor: High recovery reported

- Positive factor: Potential for direct shipping ore \(DSO\) concentrate

Facts used in scoring: 1

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: 77% recovery for lithium is within a strong range for spodumene processing.

Evidence · text

> 77% Recovery

**Mill Route**

Polarity: neutral

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

Why it applies: The mention of concentrate production implies a milling/flotation process.

Evidence · text

> Direct Shipping Ore Concentrate

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/fury-announces-metallurgical-test-results-for-the-ninaaskumuwin-lithium-discover--913c2ac5-4b08-4dbe-be35-e93fe67e35b0#fact-metallurgical-facts-0)

Ninaaskumuwin lithium discovery · lithium

#### Identity

- Project: Ninaaskumuwin lithium discovery
- Commodity: lithium
- Ticker: FURY

#### Test Work

- Sample: Ninaaskumuwin lithium discovery spodumene-bearing pegmatite

#### Recovery

- Recovery: 77 %
- Recovery Basis: unspecified
- Conc. Grade: 6
- Conc. Grade Unit: % Li2O5

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-23T00:00:00.000Z

Reasoning: Reported 77% recovery and 6.0% concentrate grade for lithium.

- Positive factor: 77% recovery is strong for lithium flotation/processing

- Positive factor: 6.0% Li2O5 concentrate is high grade

Evidence · text

> Potential Direct Shipping Ore Concentrate of 6.0% Li2O5 and 77% Recovery

## 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.