~ Adding a Second Metal Endowment at the Steller Project~
VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Blue Jay Gold Corp. (TSXV: JAY) (OTCQB: JAYGF) (FSE: JAY) (“Blue Jay” or the “Company”), today reported results from the metallurgical test program on mineralization from the Becker-Cochran antimony occurrence at its Steller Gold Project (“Steller” or the “Project”) in southern Yukon.
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Corp. → add → Yukon
Our maiden test work at ALS Metallurgical Laboratories in Kamloops, British Columbia delivered a flowsheet design producing a 67% antimony (“Sb”) concentrate at a 94% recovery.
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work → deliver → recovery
Roughly 50 kg of the concentrate is now being converted into finished antimony products by three North American processing groups who are looking to secure access to long-term supply, with first products expected in the coming weeks.
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who → convert → weeks
Our test does not end at the concentrate.
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test → end → concentrate
It continues until the material exists as a finished antimony product.
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material → continue → product
The material was placed with three groups rather than one by design.
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material → place → design
Each uses different processing approaches as high-grade concentrate is compatible with more than one downstream route.
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concentrate → use → route
Our approach affords Blue Jay the pathway best suited to our material and ours interests.
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approach → afford → material
- 67% antimony concentrate was produced at a 94% Sb recovery.
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concentrate → produce → recovery
- Concentrate grade well exceeds the 60% Sb premium product threshold.
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grade → exceed → threshold
Pure stibnite is approximately 71.7% antimony, so 67% Sb approaches mineralogical purity.
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Sb → approach → purity
- Three North American antimony processing groups will convert the concentrate into a range of downstream metal products, each using different processing approaches.
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each → process → approaches
First results are expected in the coming weeks.
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results → expect → weeks
- Test work was performed on material the Company collected and submitted, under documented chain of custody and modern quality assurance and quality controls.
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Company → perform → custody
- Material will move from site to finished metal product within a single exploration season.
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Material → move → season
- Drilling continues on high-grade gold targets with results expected to continue into 2027
“When we ran our due diligence after acquiring the Project, the antimony prospect was sitting in the historical record in plain sight, and nobody had touched it for sixty years,” said Geordie Mark, CEO of Blue Jay Gold.
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Mark → continue → Gold
“Modern conventional processing comfortably outperformed what was achieved in the 1960s, but a flotation number is where most companies at our stage stop and then ask investors to imagine the rest.
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companies → outperform → rest
We are not doing that.
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We → do → that
The concentrate is now with three North American processing groups who will convert it into a range of finished antimony products, and we expect the first of those within weeks.
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we → convert → weeks
That means this material will have gone from rock in the ground to finished metal inside a single exploration season.
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material → mean → season
Linking the mine site to metal production is where value is created in critical minerals, and we saw no reason to wait years to find out whether this material can make that trip.”
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material → link → trip
“What we learn about the antimony also tells us something about the Project as a whole.
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learn → learn → whole
One land package holds a past-producing gold mine, two further gold-silver deposits in different styles, and now produces a premium-grade antimony concentrate from a separate mineralized field whose footprint extends kilometres to the east.
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footprint → hold → east
Those are different metals, deposited in different parts of the same system.
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Those → deposit → system
To be clear, gold and silver are where our rigs and our budget are focused, and that has not changed by a single metre of drilling.
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that → focus → drilling
But this is our maiden exploration year, and the point of a maiden year is to find out what you actually own.
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you → find → what
The antimony work was a small part of this year’s budget, and it has told us a great deal.
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it → tell → deal
Products are reported cumulatively; each row includes all products above it.
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row → report → it
Weight % is the share of the original feed reporting to that product, Assay % is that product’s grade, and Recovery % is the share of the metal in the feed that it contains.
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it → report → that
Successive rows add lower-grade material, raising antimony recovery while diluting concentrate grade.
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rows → add → grade
The Company reports Product 1, 66.9% Sb at 93.9% recovery, as the representative result.
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Company → report → result
Initial liberation analysis showed that stibnite and gangue minerals are excellent at 88% and 93% respectively.
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minerals → show → %
Mineral deportment studies have not been completed with Hg in concentrate aliquot up 1,100 ppm.
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Hg → complete → aliquot
Flotation optimization work is expected to commence shortly.
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work → expect → ?
No variability studies have been completed, and we note that the results are not necessarily representative of the occurrence as a whole.
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results → complete → whole
Next Steps at Becker-Cochrane
First antimony metal products from the three processing groups are expected in the coming weeks.
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products → expect → weeks
Assays remain pending from the ten-hole drill program at Becker-Cochran announced on August 31, 2026, which is testing the down-dip continuation of the mineralized shear zone below the historical workings.
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which → remain → workings
Should drilling confirm continuity at depth, the Company intends to advance to variability and locked cycle test work on drill core composites.
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Company → confirm → composites
What Was Tested
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Tested → test → ?
The program was carried out on a composite of >400 kg of stibnite-bearing mineralization collected by Company personnel at a single trench at Becker-Cochran.
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program → carry → Cochran
…and 47 more, not listed.
The Aporia
