Spanish Mountain Gold Receives Positive Particle Ore Sorting Results for the Phoenix Deposit Highlighting Production Upside
Original announcement by tmx on
- Company
- Spanish Mountain Gold Ltd.
- Ticker
- SPA
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Metallurgy
- Extracted
- 2026-08-26 11:03:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Spanish Mountain Gold has announced positive Phase 1 particle ore sorting results for the Phoenix deposit using XRT technology. The tests demonstrated the ability to reject 50% to 70% of waste mass while upgrading gold grades by two or more times with 85% to 92% recovery.
Reasoning: Phase 1 XRT ore sorting results show high potential to upgrade feed grades by 2x while maintaining 85-92% gold recovery and rejecting 50-70% waste mass.
Positive factors
- significant grade upgrade potential
- high mass rejection of waste
- strong gold recovery
- potential for improved project economics
Facts used in scoring: 2
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Gold recovery of 85% to 92% is within the exceptional/strong band for sorting/processing.
Evidence · text
“achieving 85% to 92% gold recovery”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The sorting is intended to optimize feed into the existing mill and process plant.
Evidence · text
“optimize the run-of-mine (ROM) feed material into the Mill and Process Plant”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
particle ore sortinggoldRecovery: 92 %Head Grade: 0.48Head Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- SPA
Test Work
- Program Status
- preliminary
- Test Type
- particle ore sorting
- Processing Route
- XRT sensor based particle sorting
- Sample
- Phoenix deposit Phase 1 XRT sorting samples (half-core)
Recovery
- Recovery
- 92 %
- Recovery Basis
- actual_test
- Head Grade
- 0.48
- Head Grade Unit
- g/t
Lab
- Laboratory
- Saskatchewan Research Council (SRC)
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: High recovery (up to 92%) and significant grade upgrade potential (2x) from low-grade feed.
Positive factors
- high recovery
- significant grade upgrade potential
Evidence · text
“Phoenix deposit samples, averaging a grade of 0.48 g/t Au, are shown to have the potential to yield an upgrade of the ROM feed grade by two or more times, while achieving 85% to 92% gold recovery”
particle ore sortinggoldRecovery: 85 %View all detailsHide details
Identity
- Commodity
- gold
- Ticker
- SPA
Test Work
- Program Status
- preliminary
- Test Type
- particle ore sorting
- Processing Route
- XRT sensor based particle sorting
- Sample
- Phoenix deposit Phase 1 XRT sorting samples (mass rejection)
Recovery
- Recovery
- 85 %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-03-02T00:00:00.000Z
Reasoning: Successful rejection of 50-70% mass as waste.
Positive factors
- high mass rejection of waste
Evidence · text
“rejecting 50% to 70% of the sorter feed mass”
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.