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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play -- Ignore unavailable to you. Want to Upgrade?

To: Baba 2 who wrote (64)	9/15/1999 10:58:00 AM
From: chevalier	Respond to of 343

Very Good indeed. NAR Resources Ltd - NAR receives Nova Scotia mineral sands test results NAR Resources Ltd NRL Shares issued 6,727,202 1999-09-14 close $2.47 Wednesday Sep 15 1999 Mr. Leonard Taylor reports NAR Resources has received positive metallurgical test results on its titanium-zirconium mineral sands deposit near Truro, N.S. from the operator, Titanium Corporation of Canada. In order to complement the drilling project, a metallurgical study has commenced with test work being developed by Lakefield Research Ltd. of Lakefield, Ont. The work being conducted by Lakefield is focusing on maximizing the economic recovery of the titanium and zirconium minerals. In order to accommodate the testing procedure, Titanium Corporation's field personnel shipped a three-tonne bulk composite sample in early August of this year to the Lakefield facility. The information from these tests will enable project engineers to design and optimize the processing plant. The results from the preliminary metallurgical testing are proving that the economic minerals contained within the deposit are amenable to processing through inexpensive and proven technology. The area from which the three-tonne bulk sample was procured has been proven to contain roughly 2 per cent to 8 per cent heavy minerals. While the grade of mineral sands deposits is important, the mineral assemblage, along with recoveries, is more important because of the difference in the value of individual mineral products. In addition, various mining and processing methods have different unit costs, thus placing a high level of significance on process engineering. The size fractions of the unprocessed bulk sample demonstrated that 92 per cent of the valuable heavy minerals, including 87 per cent of the titanium minerals, are contained in the size fraction between 100 and 200 mesh. The consequence of this information is positive in terms of processing and recovery of the economic minerals. In the gravity preconcentration test, between 88 per cent and 92 per cent of the total titanium was recovered in a concentrate assaying between 10.8 per cent and 13.5 per cent TiO2. In the subsequent flotation test of the gravity rougher concentrate, Lakefield Research noted: "The results obtained were highly promising. The gravity concentrate in this particular test was upgraded from 13.4 per cent to 27.0 per cent TiO2 with very little loss in recovery. The zirconium-titanium separation from the cleaner concentrate should not present much of a problem." Further test work yielded a 71.5 per cent ZrO2 product. The program is scheduled to continue for another three months. It is significant to note that these initial promising results represent very preliminary testing work, subsequent detailed work is anticipated to further improve upon these results. The role of mineral sands is becoming more important. Titanium minerals are the feedstock for the production of titanium dioxide pigment, which is used as an opacifier in paints, plastics and paper. Additionally, titanium metal is used in chemical and aerospace industries as well as implants used in modern surgery. Zircon, long used in refractories and in ceramics because of its strength, resistance to heat corrosion as well as its low thermal conductivity, is in increasing demand for use in combustion engines, bearings, computer discs and in chemical processing. It is significant to note that mineral sands operators in Australia, South Africa and the United States are producing concentrates from sands the heavy mineral content of which ranges from 2 per cent to 4 per cent. Titanium Corporation is proceeding with a viability study with Royal Dutch Hoogovens, which is evaluating the processing option of introducing an iron/titanium feed into the Sidney Steel Corporation processing plant, currently under management of Hoogovens Technical Services. Royal Dutch Hoogovens has recently announced plans to merge with British Steel, with the resulting company representing the world's third largest steel manufacturer. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)