TITANIUM CORPORATION INC.- The Next Major Mining Play Message Board

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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play

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To: chevalier who started this subject	11/7/2000 12:49:20 PM
From: rdww	of 343

NAR RESOURCES LTD. RECEIVES POSITIVE METALLURGICAL RESULTS James W. Reeves, Director of Metallurgy for NAR Resources Ltd., is pleased to report that recent metallurgical test work conducted by TZ Technology Pty Ltd. (TZT) of Perth, Australia, has achieved better than anticipated preliminary results on the recoverability of economic minerals from NAR’s Titanium Bearing Heavy Mineral Sands Project located near Truro, Nova Scotia, Canada. A preliminary bulk heavy mineral concentrate containing 20% TiO2 was recovered from the deposit and based on prior microprobe analysis indications are that it should be possible to produce concentrates >58% TiO2 (chloride grade) as well as other concentrates >50% (slag and/or sulfate grade). The aforementioned grades represent acceptable industry standards for TIO2 feedstock material. NAR Resources Ltd. and Titanium Corporation of Canada Ltd. are currently in the process of developing and evaluating a metallurgical flow sheet by combining conventional processing equipment with the TZT Trical Process, which has been successful in producing ilmenite products of superior quality to those obtainable by conventional separation processes. Over the past three years, TZT has conducted numerous test work programs for major mineral sands producing companies. An outline of TZ Technologies is available from their web site www.tzmi.com. Metallurgical test work will continue over the next several months and should optimize product recoveries. The next series of tests will also include optimizing electrostatic separation techniques for the recovery of garnet, zircon and rutile recoveries. NOTE: The Company relies upon litigation protection for “forward looking” statements. Dated: November 7, 2000 Stock Symbol: NRL-ME ON BEHALF OF THE BOARD OF DIRECTORS (SIGNED) George D. Elliott L.L.B., Chairman Telephone: (416) 955- 0715 Fax: (416) 955- 0790 nar-resources.com E-mail: ir@nar-resources.com

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