Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
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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