Wolfden says bio-oxidation lifts Canoe Landing gold recovery to 60% from 32%

Reuters2026/08/19 10:30

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Wolfden reported proof-of-concept metallurgical results for its Canoe Landing VMS deposit in New Brunswick, targeting higher gold recovery.
Bio-oxidation lifted total gold recovery to 60% from 32.01% with no post-flotation treatment; roasting delivered 32.89%.
Preliminary recoveries imply recoverable metal value of $216/tonne at spot prices, with bio-oxidation adding about $36/tonne revenue.
Resource statement dated Feb. 15, 2026: indicated 3,693,000 tonnes at 1.04 g/t Au; inferred 17,133,000 tonnes at 0.95 g/t Au.
Next work plans include fresh core sampling, closed-circuit testing, further bio-oxidation optimization, with Albion testing also under consideration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wolfden Resources Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608190630ACCESSWRNAPR_____1209037) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wolfden says bio-oxidation lifts Canoe Landing gold recovery to 60% from 32%

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