IMHO, mixture designs are primarily optimization designs. Meaning, you have already done screening, have a reasonable first order plus model, understand noise and multivariate considerations. You are now at a point where you are selecting the sweet spot to run. This is primarily done via response surface plots (mixture response). The typical model building statistics can be challenging. There can be a fair amount of multicollinearity which can be completely acceptable, but makes traditional statistics and coefficients difficult to interpret.
With this in mind, Cornell seems to suggest an R-sq Adjusted minimum to be .85 (R-sq by itself is seldom useful), but if that is not meant, it just means an a modification to the model form may be useful.
See Piepel, Gregory, Cornell, John (1994) "Mixture Experiment Approaches: Examples, Discussion, and Recommendations", Journal of Quality Technology, Vol. 26, No. 3, July
The three basic steps of Mixture designs according to Snee (based on Box and Wilson Response Surface methodology):
1. Data are generated using experimental design
2. A model (usually polynomial) is fit to the data
3. The response surface contours are examined to determine the regions where the best values of responses can be obtained.
See Snee, Ronald (1971) "Design and Analysis of Mixture Experiments", Journal of Quality Technology", Vol. 3, No. 4, October
"All models are wrong, some are useful" G.E.P. Box