# TDG Announces Positive Results from Ongoing Metallurgical Test Work - Conventional Processing Achieves &gt;90% Gold and Silver Recoveries At Shasta, Toodoggone District

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941

Original source: https://money.tmx.com/en/quote/TDG/news/6959598297832111/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional

Publisher: tmx

Original announcement: 2026-06-17T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: TDG Gold Corp.

- Ticker: TDG

- Exchange: TSX

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: Silver, Sulfur

- Document categories: Metallurgy

- Extracted: 2026-08-20 21:48:35 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

TDG Gold Corp. has reported positive metallurgical test results for the Shasta Gold-Silver Project, achieving average gold recoveries of 92.4% and silver recoveries of 90.3% using a conventional gravity and flotation circuit. Locked-cycle testing on master composite MC1 confirmed over 91% recovery for both metals with a highly selective 1.4% mass pull. The results support the selection of a simple, low-cost processing route for the project's Preliminary Economic Assessment.

Reasoning: The announcement reports strong, consistent recoveries for gold and silver using a conventional flowsheet, which significantly de-risks the project's metallurgical profile for the upcoming PEA.

- Positive factor: High gold and silver recoveries \(&gt;90%\)

- Positive factor: Conventional processing route \(gravity + flotation\)

- Positive factor: Low concentrate mass pull \(1.4%\)

- Positive factor: Low impurity levels \(arsenic/copper\)

- Positive factor: Locked-cycle testing confirms results

- Negative factor: Results are preliminary and laboratory-scale

- Negative factor: Variability noted in Baker tailings and METS prospect

Facts used in scoring: 8

## Classification and evidence

**High Recovery**

Polarity: positive

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

Why it applies: Gold and silver recoveries exceed 90% for the main Shasta deposit.

Evidence · text

> Average recoveries of 92.4% gold and 90.3% silver achieved

**Mill Route**

Polarity: neutral

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

Why it applies: The flowsheet uses a conventional gravity and flotation circuit.

Evidence · text

> simple, conventional gravity and flotation process

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions multi-element ICP, whole rock analyses, and names Qualified Persons.

Evidence · text

> Multi-element ICP and whole rock analyses were completed on the samples

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Metallurgical Results (8)

### gravity and open circuit flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: gravity and open circuit flotation
- Processing Route: gravity concentration followed by conventional flotation
- Sample: Shasta composites \(open circuit variability/master composites\)
- Grind P80: 150 µm

#### Recovery

- Recovery: 92.4 %
- Recovery Basis: actual\_test
- Head Grade: 0.72
- Head Grade Unit: g/t

#### Lab

- Laboratory: Base Met Labs
- Consultant: Ausenco Engineering Canada ULC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 92.4% recovery is exceptional for a conventional flotation route.

- Positive factor: Exceeds 90% recovery threshold

Evidence · text

> Average recoveries of 92.4% gold and 90.3% silver achieved using conventional gravity and open circuit flotation methods.

### gravity and open circuit flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-1)

silver

#### Identity

- Commodity: silver
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: gravity and open circuit flotation
- Processing Route: gravity concentration followed by conventional flotation
- Sample: Shasta composites \(open circuit variability/master composites\)
- Grind P80: 150 µm

#### Recovery

- Recovery: 90.3 %
- Recovery Basis: actual\_test
- Head Grade: 37
- Head Grade Unit: g/t

#### Lab

- Laboratory: Base Met Labs
- Consultant: Ausenco Engineering Canada ULC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 90.3% silver recovery is strong for this processing route.

- Positive factor: Exceeds 90% recovery threshold

Evidence · text

> Average recoveries of 92.4% gold and 90.3% silver achieved using conventional gravity and open circuit flotation methods.

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-2)

gold

#### Identity

- Commodity: gold
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: gravity + flotation
- Sample: Master Composite MC1 \(Locked Cycle Test\)

#### Recovery

- Recovery: 91.4 %
- Recovery Basis: actual\_test
- Head Grade: 0.72
- Head Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: Locked-cycle results validate the open-circuit results with &gt;91% recovery.

- Positive factor: Confirmed high recovery in locked-cycle testing

Evidence · text

> Over 91% recovery of both gold and silver demonstrated in locked-cycle testing.

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-3)

silver

#### Identity

- Commodity: silver
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: locked-cycle
- Processing Route: gravity + flotation
- Sample: Master Composite MC1 \(Locked Cycle Test\)

#### Recovery

- Recovery: 91 %
- Recovery Basis: actual\_test
- Head Grade: 37
- Head Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: Locked-cycle results validate the open-circuit results with &gt;91% recovery.

- Positive factor: Confirmed high recovery in locked-cycle testing

Evidence · text

> Over 91% recovery of both gold and silver demonstrated in locked-cycle testing.

### gravity plus rougher flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-4)

gold

#### Identity

- Commodity: gold
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: gravity plus rougher flotation
- Sample: Baker TSF \(Tailings\) samples

#### Recovery

- Recovery: 68 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 68% recovery is significantly lower than the main Shasta deposit results.

- Negative factor: Lower recoveries compared to Shasta composites

Evidence · text

> On average, 68% of the gold and 61% of the silver were recovered to combined gravity plus rougher flotation concentrates.

### gravity plus rougher flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-5)

silver

#### Identity

- Commodity: silver
- Ticker: TDG

#### Test Work

- Program Status: detailed
- Test Type: gravity plus rougher flotation
- Sample: Baker TSF \(Tailings\) samples

#### Recovery

- Recovery: 61 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 61% silver recovery is lower than the main Shasta deposit results.

- Negative factor: Lower recoveries compared to Shasta composites

Evidence · text

> On average, 68% of the gold and 61% of the silver were recovered to combined gravity plus rougher flotation concentrates.

### gravity plus rougher flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-6)

gold

#### Identity

- Commodity: gold
- Ticker: TDG

#### Test Work

- Program Status: preliminary
- Test Type: gravity plus rougher flotation
- Sample: METS Prospect composite

#### Recovery

- Recovery: 83.8 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 83.8% is decent for a preliminary test but below the main project average.

- Positive factor: Acceptable recovery for a preliminary test

- Negative factor: Requires optimization

Evidence · text

> A preliminary metallurgical test was conducted on the METS sample, which recovered 83.8% of the gold and 71.8% of the silver

### gravity plus rougher flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tdg-announces-positive-results-from-ongoing-metallurgical-test-work-conventional--c32c2bb1-27b6-41cb-a186-47cc65e4e941#fact-metallurgical-facts-7)

silver

#### Identity

- Commodity: silver
- Ticker: TDG

#### Test Work

- Program Status: preliminary
- Test Type: gravity plus rougher flotation
- Sample: METS Prospect composite

#### Recovery

- Recovery: 71.8 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: 71.8% silver recovery is moderate for a preliminary test.

- Negative factor: Requires optimization

Evidence · text

> A preliminary metallurgical test was conducted on the METS sample, which recovered 83.8% of the gold and 71.8% of the silver

## 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.
