New metallurgical results add to Cannindah’s Copper lustre

Original announcement by stockhead on

Company
Cannindah Resources
Ticker
CAE
Exchange
Unavailable
Region
Unavailable
Primary commodity
Copper
Secondary commodities
Silver, Gold
Document categories
Metallurgy
Extracted
2026-09-22 01:05:05 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Cannindah Resources reported successful coarse particle flotation testwork at Mt Cannindah, achieving 94% copper and 92% silver recovery at a 450µm grind. These results, alongside conventional flotation confirming saleable concentrate, will inform an upcoming mineral resource update.

Reasoning: The results demonstrate high copper and silver recoveries using a coarse particle flotation method, which offers significant potential for reducing OPEX and CAPEX via lower energy and smaller plant requirements.

Positive factors

  • High copper recovery (94%) at a significantly coarser grind size (450µm)
  • Coarse flotation potentially reduces energy requirements and plant footprint
  • Conventional flotation confirmed saleable concentrate with low penalty elements
  • High mass rejection (82%) improves throughput potential

Negative factors

  • Gold recovery results remain variable and difficult to represent

Facts used in scoring: 7

Classification and evidence

High Recoverypositive

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

Why it applies: 94% copper recovery achieved in coarse flotation test.

Evidence · text

“returned 94% copper recovery”

Mill Routeneutral

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

Why it applies: Testing involves flotation and grinding circuits.

Evidence · text

“coarse particle flotation”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Multi-Domain Testedpositive

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

Why it applies: 3 distinct composites were tested

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Metallurgical Results (7)

flotationMt Cannindah · copperRecovery: 94 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
NovaCell coarse particle flotation
Sample
NovaCell coarse particle flotation composite (assembled from six diamond holes)
Grind P80
450 µm

Recovery

Recovery
94 %
Recovery Basis
actual_test
Mass Pull
18 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: 94% recovery at 450µm is exceptional for coarse flotation, suggesting significant energy savings.

Positive factors

  • High recovery at coarse grind

Evidence · text

“returned 94% copper recovery with an 18% mass pull”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

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

Why it applies: 94% is at or above the exceptional band (92%)

flotationMt Cannindah · silverRecovery: 92 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
silver
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
NovaCell coarse particle flotation
Sample
NovaCell coarse particle flotation composite (assembled from six diamond holes)
Grind P80
450 µm

Recovery

Recovery
92 %
Recovery Basis
actual_test
Mass Pull
18 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: 92% silver recovery supports the viability of the coarse flotation route.

Positive factors

  • Strong silver recovery

Evidence · text

“recovered 94% of copper and 92% of silver using NovaCell coarse particle flotation”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

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

Why it applies: 92% is at or above the exceptional band (90%)

flotationMt Cannindah · goldRecovery: 68 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
gold
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
NovaCell coarse particle flotation
Sample
NovaCell coarse particle flotation composite (assembled from six diamond holes)
Grind P80
450 µm

Recovery

Recovery
68 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Gold recovery is lower and noted as variable due to spotty distribution in the sample.

Negative factors

  • Variable gold recovery

Evidence · text

“Gold recovery was 68%. Cannindah Resources (ASX:CAE) cautioned that gold results remain variable”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 68% is below the weak band (80%)

flotationMt Cannindah · copperRecovery: 97 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
conventional rougher flotation
Sample
Optimised conventional rougher test
Grind P80
250 µm

Recovery

Recovery
97 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms high recovery potential using standard flowsheet.

Positive factors

  • High recovery in conventional circuit

Evidence · text

“optimised conventional rougher test at P80 250µm returned 97% copper”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

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

Why it applies: 97% is at or above the exceptional band (92%)

flotationMt Cannindah · silverRecovery: 94 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
silver
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
conventional rougher flotation
Sample
Optimised conventional rougher test
Grind P80
250 µm

Recovery

Recovery
94 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: High silver recovery in conventional test.

Positive factors

  • High silver recovery

Evidence · text

“returned 97% copper and 94% silver recovery”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

High Recoverypositive

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

Why it applies: 94% is at or above the exceptional band (90%)

flotationMt Cannindah · copperRecovery: 83.7 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
conventional bench flotation (two cleaner stages)
Sample
Conventional bench flotation - two cleaner stages

Recovery

Recovery
83.7 %
Recovery Basis
actual_test
Conc. Grade
25
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms ability to produce a 25% Cu concentrate.

Positive factors

  • Produces saleable concentrate

Evidence · text

“two cleaner stages produced 25.0% Cu at 83.7% copper recovery”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

flotationMt Cannindah · copperRecovery: 89.8 %View all details
Link to this fact

Identity

Project
Mt Cannindah
Commodity
copper
Ticker
CAE

Test Work

Program Status
detailed
Test Type
flotation
Processing Route
conventional bench flotation (one cleaner stage)
Sample
Conventional bench flotation - one cleaner stage

Recovery

Recovery
89.8 %
Recovery Basis
actual_test
Conc. Grade
18.3
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Confirms ability to produce an 18.3% Cu concentrate.

Positive factors

  • Produces saleable concentrate

Evidence · text

“one cleaner stage produced 18.3% Cu at 89.8% recovery”

Tags used in scoring

Mill Routeneutral

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

Why it applies: processing_route matches the flotation signal

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.