Winshear Portsoy Project – Successful Metallurgical Testwork Produces Marketable Copper and Highly Attractive Nickel Concentrates

Original announcement by globenewswire on

Company
Winshear Metals Corp.
Ticker
WINS
Exchange
Unavailable
Region
NE Scotland
Primary commodity
Nickel
Secondary commodities
Copper, Cobalt
Document categories
Metallurgy
Extracted
2026-08-20 19:48:03 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Winshear Metals Corp. reported successful batch metallurgical testwork at the Portsoy Project in Scotland, producing marketable copper and high-grade nickel concentrates. The results demonstrate the amenability of the Rodburn Target mineralization to conventional sequential flotation.

Reasoning: First-ever metallurgical testwork on the project shows promising recovery and concentrate quality using conventional flotation.

Positive factors

  • successful production of marketable concentrates
  • high nickel concentrate grade
  • low nickel penalty risk in copper concentrate
  • QP sign-off provided

Negative factors

  • batch scale testing only
  • recoveries are expected ranges rather than absolute values

Facts used in scoring: 7

Classification and evidence

Bench Scale Onlynegative

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

Why it applies: Testwork was conducted using batch tests rather than locked-cycle or pilot scale.

Evidence · text

“Based on the batch tests”

Mill Routeneutral

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

Why it applies: The objective was to determine amenability to conventional sequential flotation methods.

Evidence · text

“respond to conventional sequential flotation methods”

QP/CP Signedpositive · Story-specific tag

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: J. Patricio Varas, P.Geo. and Tony Tran, P.Eng. have read and approved the technical disclosure.

Evidence · text

“Qualified Person J. Patricio Varas, P.Geo... has read and approved all technical and scientific information”

Extracted facts

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

Metallurgical Results (7)

batch flotationcopperRecovery: 77.5 %Head Grade: 0.82Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
WINS

Test Work

Program Status
preliminary
Test Type
batch flotation
Sample
composite sample of massive to disseminated sulphide mineralisation from drill holes completed in 2023 / 2024

Recovery

Recovery
77.5 %
Recovery Basis
actual_test
Head Grade
0.82
Head Grade Unit
%

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Head grade of 0.82% Cu with expected recoveries of 75-80%.

Positive factors

  • marketable concentrate grade

Negative factors

  • batch scale only

Evidence · text

“Head assays were 0.82% copper... copper recoveries of 75-80% and nickel of 60-65% can be expected.”
batch flotationnickelRecovery: 62.5 %Head Grade: 1.64Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
nickel
Ticker
WINS

Test Work

Program Status
preliminary
Test Type
batch flotation
Sample
composite sample of massive to disseminated sulphide mineralisation from drill holes completed in 2023 / 2024

Recovery

Recovery
62.5 %
Recovery Basis
actual_test
Head Grade
1.64
Head Grade Unit
%

Lab

Laboratory
Blue Coast Research Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Head grade of 1.64% Ni with expected recoveries of 60-65% and high concentrate grades.

Positive factors

  • high concentrate grade
  • attractive to smelters

Negative factors

  • batch scale only

Evidence · text

“Head assays were... 1.64% nickel... nickel of 60-65% can be expected.”
Fact 3cobaltHead Grade: 0.11Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
cobalt
Ticker
WINS

Test Work

Sample
composite sample of massive to disseminated sulphide mineralisation from drill holes completed in 2023 / 2024

Recovery

Head Grade
0.11
Head Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Head grade of 0.11% Co reported as part of the composite.

Evidence · text

“Head assays were... 0.11% cobalt.”
Fact 4nickelView all details
Link to this fact

Identity

Commodity
nickel
Ticker
WINS

Test Work

Sample
Nickel concentrate

Recovery

Conc. Grade
15
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Produced nickel concentrate grades of 14-16%.

Positive factors

  • highly attractive concentrate grade

Evidence · text

“Nickel concentrate grades of 14-16% were produced”
Fact 5cobaltView all details
Link to this fact

Identity

Commodity
cobalt
Ticker
WINS

Test Work

Sample
Nickel concentrate

Recovery

Conc. Grade
1
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Nickel concentrate included in excess of 1% cobalt.

Evidence · text

“included in excess of 1% cobalt.”
Fact 6copperView all details
Link to this fact

Identity

Commodity
copper
Ticker
WINS

Test Work

Sample
Nickel concentrate

Recovery

Conc. Grade
0.54
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Nickel concentrate contained 0.54% copper which would be payable.

Positive factors

  • payable content

Evidence · text

“The nickel concentrate contained 0.54% copper which would be payable.”
Fact 7copperView all details
Link to this fact

Identity

Commodity
copper
Ticker
WINS

Test Work

Sample
Copper concentrate

Recovery

Conc. Grade
25
Conc. Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-27T00:00:00.000Z

Reasoning: Copper concentrate grades of ~25% with <1% nickel content.

Positive factors

  • low penalty risk

Evidence · text

“Copper concentrate grades of ~25% with <1% nickel content”

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.