Northwire Canada EditionSaturday, October 31, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Other

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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