# Tests Confirm Excellent Metallurgy Recovery

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0

Original source: https://www.londonstockexchange.com/news-article/GSCU/tests-confirm-excellent-metallurgy-recovery/17796133

Publisher: lse

Original announcement: 2026-09-21T05:24:25.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-21T14:17:55.785Z

Atlas analysis updated: 2026-09-21T14:17:55.785Z

- Company: Great Southern Copper plc

- Ticker: GSCU

- Exchange: LSE

- Region: Chile

- Primary commodity: Copper

- Secondary commodities: Silver

- Document categories: Drill results, Metallurgy

- Extracted: 2026-09-21 14:17:56 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Great Southern Copper plc announced highly encouraging preliminary metallurgical test results for its high-grade Mostaza Cu-Ag deposit in Chile. Conventional flotation achieved over 90% copper recovery and 87% silver recovery, producing a concentrate grading 27% Cu and 1,414 g/t Ag. The company plans further testwork to optimize grinding conditions and test a broader range of grades, while initial leaching tests showed significantly lower copper recovery.

Reasoning: Preliminary metallurgical test results for the Mostaza deposit show excellent copper and silver recoveries and high-grade concentrates using a conventional flotation process, significantly de-risking the project. While the testwork is at a preliminary stage and leaching results were low, the flotation outcomes are highly encouraging.

- Positive factor: High copper recovery in flotation

- Positive factor: High silver recovery in flotation

- Positive factor: High concentrate grades for both copper and silver

- Positive factor: Conventional flotation process identified as effective

- Positive factor: Potential for further recovery optimization

- Positive factor: QP/CP signed off on results

- Negative factor: Testwork is preliminary/sighter scale only

- Negative factor: Testing limited to high-grade composite samples

- Negative factor: Low copper recovery from leaching testwork

- Negative factor: Presence of deleterious elements \(arsenic, antimony\)

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: Flotation testwork achieved over 90% copper recovery, which is exceptional for the mill route.

Evidence · text

> Recoveries exceed 90% for copper \(“Cu”\)

**High Recovery**

Polarity: positive

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

Why it applies: Flotation testwork achieved 87% silver recovery, which is strong for the mill route.

Evidence · text

> 87% of the silver

**Bench Scale Only**

Polarity: negative

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

Why it applies: The metallurgical testwork is described as 'preliminary metallurgical test-work' and 'sighter test programme' using 'Batch rougher flotation tests', indicating it is at a bench scale.

Evidence · text

> preliminary metallurgical test-work on high-grade samples

**Deleterious Elements Present**

Polarity: negative

Story-specific tag

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Head grade analysis showed 0.27% arsenic, and mineralogy identified tennantite \(arsenic-rich\) and tetrahedrite \(antimony-rich\) as principal copper sulphosalts.

Evidence · text

> Iron, arsenic and sulphur contents were 0.68%, 0.27% and 1.72%, respectively.

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: Testwork was conducted on 'two samples of high-grade mineralisation' and a 'high-grade “chalcocite” composite sample', with plans for 'further test-work ... across a broader range of Cu-Ag grades'.

Evidence · text

> Metallurgical tests on two samples of high-grade mineralisation from the Mostaza deposit

**Low Recovery**

Polarity: negative

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

Why it applies: The ultimate copper recovery to solution from the bottle roll leaching test was just under 50%, which is below the weak band for heap leach copper.

Evidence · text

> The ultimate copper recovery to solution was just under 50%

**Mill Route**

Polarity: neutral

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

Why it applies: The primary successful processing route identified is a 'conventional flotation recovery process'.

Evidence · text

> conventional flotation recovery process

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Silver is reported alongside copper in the Mostaza deposit and concentrate, indicating it is a byproduct.

Evidence · text

> Mostaza Cu-Ag deposit

**JORC Compliant**

Polarity: positive

Story-specific tag

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The announcement explicitly states that the information relates to Exploration Results prepared and first disclosed under the JORC Code \(2012\).

Evidence · text

> JORC Code \(2012\)

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Mr. Jerry Perkins, a qualified metallurgist and FAusIMM\(CPmet\), is named as the consulting metallurgist who conducted the design and supervision of the sighter test programme.

Evidence · text

> Mr. Jerry Perkins \[FAusIMM\(CPmet\)\]

**Heap Leach Route**

Polarity: neutral

Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: the document describes a heap\_leach route \("heap leach"\)

## Extracted facts

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

## Drill Results (6)

### DD005

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-2)

Especularita · copper

#### Identity

- Hole ID: DD005
- Project: Especularita
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 4.8
- Grade Unit: %
- Intercept: 9 m
- From: 43 m
- To: 52 m
- Intercept Depth: 43 m

#### Classification

- Sample Type: drill
- Group ID: DD005:43-52

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 4.8 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 43.2 %·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 4.8 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.8

Context: DD005

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### DD005

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-3)

Especularita · silver

#### Identity

- Hole ID: DD005
- Project: Especularita
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 420
- Grade Unit: g/t
- Intercept: 9 m
- From: 43 m
- To: 52 m
- Intercept Depth: 43 m

#### Classification

- Sample Type: drill
- Group ID: DD005:43-52

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 420 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 3780.0 g/t·m is strong.

- Positive factor: 420 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 420

Context: DD005

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### DD015

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-4)

Especularita · copper

#### Identity

- Hole ID: DD015
- Project: Especularita
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 5.5
- Grade Unit: %
- Intercept: 9.9 m
- From: 41.15 m
- To: 51.05 m
- Intercept Depth: 41.15 m

#### Classification

- Sample Type: drill
- Group ID: DD015:41.15-51.05

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 5.5 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 54.5 %·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 5.5 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 5.5

Context: DD015

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### DD015

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-5)

Especularita · silver

#### Identity

- Hole ID: DD015
- Project: Especularita
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 450
- Grade Unit: g/t
- Intercept: 9.9 m
- From: 41.15 m
- To: 51.05 m
- Intercept Depth: 41.15 m

#### Classification

- Sample Type: drill
- Group ID: DD015:41.15-51.05

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 450 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 4455.0 g/t·m is strong.

- Positive factor: 450 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 450

Context: DD015

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### DD016

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-6)

Especularita · copper

#### Identity

- Hole ID: DD016
- Project: Especularita
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 4.7
- Grade Unit: %
- Intercept: 7.5 m
- From: 89 m
- To: 96.5 m
- Intercept Depth: 89 m

#### Classification

- Sample Type: drill
- Group ID: DD016:89-96.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 4.7 % copper is exceptional against the default band \[2.5, 1, 0.5, 0.25\] %. Grade×width 35.3 %·m is weak \(grade alone is exceptional; the better of the two is used\).

- Positive factor: 4.7 % copper is exceptional on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 4.7

Context: DD016

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### DD016

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-drill-facts-7)

Especularita · silver

#### Identity

- Hole ID: DD016
- Project: Especularita
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: GSCU

#### Geometry

- Grade: 340
- Grade Unit: g/t
- Intercept: 7.5 m
- From: 89 m
- To: 96.5 m
- Intercept Depth: 89 m

#### Classification

- Sample Type: drill
- Group ID: DD016:89-96.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: Expanded from assay table. 340 g/t silver is strong against the default band \[500, 200, 100, 30\] g/t. Grade×width 2550.0 g/t·m is moderate \(grade alone is strong; the better of the two is used\).

- Positive factor: 340 g/t silver is strong on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 340

Context: DD016

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Metallurgical Results (2)

### bottle roll

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-metallurgical-facts-0)

Especularita · copper

#### Identity

- Project: Especularita
- Commodity: copper
- Region: chile
- Reported Region: Chile
- Ticker: GSCU

#### Test Work

- Program Status: scoping
- Test Type: bottle roll
- Processing Route: sulphuric acid and salt leaching
- Sample: high-grade composite, crushed to minus 2mm
- Leach Time: 168 hours

#### Recovery

- Recovery: 50 %
- Recovery Basis: actual\_test
- Head Grade: 5.09
- Head Grade Unit: %

#### Reagents

- Reagent Notes: The pH was adjusted to 1.5 with sulphuric acid, and approximately 450kg/t of salt \(sodium chloride\) were added and ferrous sulphate to 5g/litre.

#### Lab

- Laboratory: Aminpro
- Consultant: Mr. Jerry Perkins

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The copper recovery from the bottle roll leaching test was significantly lower than flotation, indicating this may not be the optimal processing route for the material tested.

- Negative factor: Low copper recovery from leaching testwork

- Negative factor: Testwork is preliminary/scoping scale

- Negative factor: Testing limited to high-grade samples

- Negative factor: Presence of deleterious elements

Evidence · text

> The ultimate copper recovery to solution was just under 50%

#### Tags used in scoring

**Low Recovery**

Polarity: negative

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

Why it applies: 50% is below the weak band \(80%\)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/tests-confirm-excellent-metallurgy-recovery--f549856a-6c0e-4cd1-a226-f7373a840cf0#fact-metallurgical-facts-1)

Especularita · silver

#### Identity

- Project: Especularita
- Commodity: silver
- Region: chile
- Reported Region: Chile
- Ticker: GSCU

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: conventional flotation
- Sample: high-grade chalcocite composite sample
- Grind P80: 180 µm

#### Recovery

- Recovery: 87 %
- Recovery Basis: actual\_test
- Head Grade: 279
- Head Grade Unit: g/t
- Conc. Grade: 1414
- Conc. Grade Unit: g/t

#### Reagents

- Reagent Notes: AP3894 \(Thiocarbamate – 10g/t\) added during grinding, followed by PAX/SIPX \(20 g/t\) and MIBC \(15 g/t\) added during conditioning.

#### Lab

- Laboratory: Aminpro
- Consultant: Mr. Jerry Perkins

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-21T00:00:00.000Z

Reasoning: The flotation test achieved excellent silver recovery and a high-grade concentrate, indicating a viable processing route for the deposit.

- Positive factor: High recovery for silver

- Positive factor: High concentrate grade for silver

- Positive factor: Conventional process identified

- Positive factor: Potential for further optimization

- Negative factor: Testwork is preliminary/sighter scale

- Negative factor: Testing limited to high-grade samples

- Negative factor: Presence of deleterious elements

Evidence · text

> Recoveries ... 85% for silver \(“Ag”\) resulting in a final concentrate with grades averaging ... 1,414 g/t Ag

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: 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.
