Northwire Canada EditionTuesday, September 15, 2026
Northwire
GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8%
Other Material +

JZR Gold Reports up to 130 G/T Gold In Concentrate, Confirms Proof of Concept at Vila Nova Project, Brazil

“Proof‑of‑Concept assay hits 130 g/t Au, unlocking high‑grade concentrate upside for Vila Nova.”

Executive Summary
  • On 9 Apr 2026 JZR Gold announced bulk‑sampling mill concentrate assays up to 130 g/t Au from tailings at the Vila Nova Project (Brazil).
  • The results are a proof‑of‑concept, confirming that gold can be recovered as a high‑grade concentrate.
  • JZR holds a 50 % Net Profit Interest (NPI) in the project under its Joint‑Venture Royalty Agreement (JVRA) with ECO Mining.
  • Management will now focus on optimising plant performance and pursuing initial concentrate sales after the May 2026 rainy season.
  • The company cautions that samples are selective and not yet representative of the whole tailings stockpile; further systematic sampling is required.
Material Impact
  • Positive materiality: The assay grade (130 g/t) far exceeds typical bulk‑sampling results for tailings‑recovery projects and validates the economic premise of Vila Nova.
  • Market expectation vs. reality: Prior updates (Oct 2025 – Oct 2026) only confirmed first concentrate production; no quantitative grade was disclosed. The new high‑grade figure is a genuine surprise, likely to lift near‑term sentiment.
  • Risk considerations: Sample selectivity and lack of a defined resource keep upside uncertain. If subsequent bulk tests confirm similar grades, revenue potential rises sharply; if not, the impact could be muted.
JZR · Price
Company Overview

JZR Gold Inc. is a junior gold company focused on tailings re‑processing. Its flagship asset is the Vila Nova Project in Amapá, Brazil – an 800 t/d gravimetric mill processing historic gold tailings. JZR holds a 50 % NPI under a JVRA with ECO Mining, giving it direct exposure to future concentrate revenue.

Read the original news release →

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