JZR Gold Confirms 15-Tonne Gold Concentrate Delivery to RBM, Bringing Total to 26 Tonnes

JZR Gold Inc. delivered an additional 15 tonnes of gold concentrate to Recuperadora Brasileira de Metal on October 29, 2026, bringing total deliveries to 26 tonnes, the company said in a GlobeNewswire release on November 3, 2026. Processing of all 26 tonnes is underway at RBM's plant in São Paulo, Brazil.

JZR Gold's 26-Tonne Delivery to RBM

JZR Gold is a junior mining company developing the Vila Nova Gold Project in Amapá State, Brazil, where an 800 tonne-per-day gravimetric mill processes historic gold tailings. The concentrate comes from Vila Nova, and RBM has completed setup and testing of its leaching and carbon-in-leach circuit, which the company said is fully operational.

The 26 tonnes include an initial shipment of 11 tonnes. JZR Gold expects results confirming the quantity of gold within the next two weeks.

JZR Gold holds a Joint Venture Royalty Agreement dated July 6, 2020, as amended, with ECO Mineracao Oil and Gaz Drilling and Exploration EIRELI. Under the agreement, JZR Gold is entitled to receive 50% of the Net Profit Interest on the total sale value of all gold from the tailings piles and dams, pond basin and waste dumps on the Vila Nova property.

"With all 26 tonnes delivered and processing underway, we are advised that ECO is on the verge of generating the first gold revenue, from which the company expects to receive its entitled royalty payment interest," CEO Rob Klenk said in the release. "This is a transformational milestone for JZR and our shareholders."

JZR Gold's Project Figures Behind the Shipment

According to akta.pro company records, JZR Gold assumed direct operatorship of the Vila Nova Gold Project from ECO Mining in May 2026, taking responsibility for staffing and operations while ECO remains a partner. The same records show capital expenditure for the project mill at US$7.5 million, with US$7.2 million advanced to date, and permitted bulk sampling capacity of 600,000 tonnes per year. JZR Gold acquired its 50% Net Profit Interest in the project upon satisfying all requirements under the joint venture royalty agreement.

How JZR Gold Reached the RBM Processing Stage

JZR Gold announced first gold concentrate production from Vila Nova in October 2025, confirming proof of concept ahead of full Q3 2026 bulk sampling, according to company records. In May 2026, the company entered an agreement with ECO Mining Oil & Gas Drilling and Exploration Ltda. to assume direct operatorship of the project, effective immediately, GlobeNewswire reported at the time. A September 15, 2026 operational update listed increasing plant operating hours, improving reliability and efficiency, and maintaining a consistent material supply as immediate priorities, the Financial Post reported.

When JZR Gold Expects Refining Results

JZR Gold expects to receive results confirming the quantity of gold within the next two weeks and to share those numbers with shareholders, Klenk said in the release.