Tinanium news out on the CSW Forume at Canada-stockwatch.com GAR company that is comparred to NBL over there so since the news just came out after it was compared OVER AT CSW, i post it here...I think we see a comparison and we are in NBL at a Double-dimeish average now:
NOT a FEW BUCKS like this company : ( They went down a buck because it says below that they have UNACCEPTABLE amounts of CHROMIUM ( I have some ideas on Chromium that NEWTECH resins and Seperation Extraction Methods may help solve ...but we don't have to worry about that yeyt here! At NBL....we just need the SURVEY in the future, we are in differant geology) ( I will post the Old Exploration NR below at BOTTOM to show how they were looking for 10% Tintanium / I Element & below here FIRST and Latest says they got it BUT...maybe we will hit the right NBL combo- we sure are not DEPENDANT on ONE PLAY as this POOR COLORADO Company RAD is: )
Radar Acquisitions Corp -
Radar Acquisitions completes drilling near Limon
Radar Acquisitions Corp RAC
Shares issued 8,301,143 1999-10-26 close $2.89
Tuesday Oct 26 1999
Mr. John Bergen reports
Radar Acquisitions has completed its first drilling/exploration program on properties, near Limon , Colo., leased with its joint venture partner River Bend Exploration. This drilling/exploration program consisted of air and ground magnetometer surveys as well as fence drilling conducted by TS2 Consulting, to determine the Ilmenite (titanium), garnet and zircon content of the property.
The joint venture has now received a preliminary report from Watts, Griffis and McOuat, consulting geologists and engineers, of Toronto, Ont. This report is concerned only with 3.6 miles of the first trend and does not include the potential of the 800 square miles (approximate) previously announced.
In its report commenting on the mineral distribution, Watts, Griffis and McOuat comment as follows:
Riverbend has completed 79 drill holes along lines across the main trend, the titanium ridge trend and possible extensions to the north. An estimate of total tons and grade of mineralized sand in 3.6 miles of the main trend has been completed. Using a cross-section area estimation method, WGM (Watts, Griffis and McOuat) estimates total resources as follows:
Measured -- 9.3 million tons, 7.1-per-cent total heavy minerals, 8.6 million cubic yards overburden;
Indicated -- 9.1 million tons, 14.2-per-cent total heavy minerals, 11.5 million cubic yards overburden; and
Inferred -- 4.3 million tons, 10.5-per-cent total heavy minerals, 3.3 million cubic yards overburden.
These figures would indicate total heavy minerals as follows:
Measured -- 660,300 tons total heavy minerals;
Indicated -- 1,292,200 tons total heavy minerals; and
Inferred -- 451,500 tons total heavy minerals.
Further in the report, Watts, Griffis and McOuat, state the following:
Preliminary process testing on the bulk sample has been completed and alternative processes are being considered. Bench scale testing suggested that marketable ilmenite, zircon and garnet concentrates could be produced using wet gravity, high-intensity electrostatic and induced magnetic separation methods. Analyses of mineral separates indicated that the heavy mineral concentrates from wet gravity separation contained 28 per cent to 31 per cent ilmenite, 35 per cent to 37 per cent garnet and 6 per cent to 7 per cent zircon. The rough ilmenite concentrate contained unacceptably high amounts of chromium and the zircon contained high amounts of uranium and thorium. Bench scale treatment was able to reduce the chromium content of the ilmenite to less than 0.2 per cent and the uranium and thorium content of the zircon to less than 300 parts per million. The garnet concentrate is of a size and composition to be readily marketable to the growing water jet cutting industry.
Further process testing on the bulk sample will be required to produce the same results as indicated in the Watts, Griffis and McOuat report and to find the most economical means of separating the heavy minerals before a flow sheet can be produced for a mining operation.
With the results of this report Radar will continue with a large scale drilling program to further assess its Colorado resource base.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
old url (better for printing)
Chucka- and BML abuts Fort McKay for a Tintina & Birch Mountain Play like a thousand miles away from NBL titanium deposit....and NBL has a Million Acres and Birch has 2 million acres and Tintina had given up 51% of their McKay RIGHTS to Birch...wow!
Chucka WOW-allreight who bot that 80,000 of NBL yesterday or day befor?
NR Exploration Colorado Company searcherd for 10 % "i" Metal but got the 'c" stuff! May be we will get it both ways, dual TRIPLE WAYS! To NBL BENEFIT! |
