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	1/3/2002 3:44:48 PM
From: rdww	of 343

one would think that the 'natives' around this deposit were either filthy rich and didn't need any work or misunderstand the operation proposed in the future for this site. A 'vacuum' cleaner on a dredge sucking up murky brown sand - removing the heavy minerals - and returning the water and 'regular' sand back into the river. What's so hard to see here? I doubt that this will seriously curtail the 'enornous' rafting industry in the area since the dredges are likely to block off the whole river. Titanium completes 2001 exploration drilling program Titanium Corporation Inc TIC Shares issued 31,087,011 Jan 2 close $2.08 Thu 3 Jan 2002 News Release Mr. George Elliott reports TITANIUM CORPORATION CONFIRMS EXPLORATION AND TESTING PROGRAMME Titanium has completed its exploration drilling program for 2001 and expects to release details of such drill results shortly. Titanium intends to concentrate its activities for the next several months on completing the installation and operation of its lab scale pilot plant testing facility at the Minerals Engineering Centre, Dalhousie University, as announced in Stockwatch on Dec. 17, 2001. George Elliott, chairman and chief executive officer of Titanium, reiterated that the company is still at an exploration and testing phase and that no production facilities or mineral extraction work will take place at the Shubenacadie River site until all exploration and testing has been completed, a bankable feasibility study has been obtained and all appropriate governmental requirements have been met, including full environmental studies. All lab scale pilot plant testing equipment ordered by the company is scheduled for delivery in Halifax on Feb. 8, 2002, to be installed at the Mineral Engineering Centre of Dalhousie University to be operational before Feb. 27, 2002. None of this machinery or equipment will be used at the Shubenacadie River site. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com

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