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


To: rdww who wrote (251)6/4/2000 7:43:00 PM
From: Francis R. Biscan Jr.  Read Replies (1) | Respond to of 343
 
>>The price of Ilimenite and zircon are going to look like Pt/Pd price rises with the anticipated shortages that should
be coming over the next couple years. <<

What do you base your bullish forecast on ??? Are you reading some positive reports somewhere ??

If so, could you post the links ??

Thanks,

Rich



To: rdww who wrote (251)6/8/2000 9:00:00 AM
From: chevalier  Respond to of 343
 
NAR Resources Ltd -

NAR Resources acquires Lochaber Lake project

NAR Resources Ltd
NRL
Shares issued 7,838,202
2000-06-07 close $2.47
Thursday Jun 8 2000
Mr. Claus Bartak reports
NAR Resources has acquired Titanium Corporation of Canada Ltd's option to
earn a 50-per-cent interest in the Lochaber Lake base metal project. Goliath
Copperfields, a private company, is the underlying owner that retains the other 50
per cent. In order to earn its interest in the property, NAR Resources must
undertake a $500,000 work program to be completed by June 30, 2001, and
make a cash payment of $300,000 upon completion of project financing. This
transaction is subject to regulatory approval including the approval of the Montreal
Stock Exchange.
The project is located 27 kilometres south of the community of Antigonish, N.S.
and consists of 56 square km of staked ground. Earlier work by Goliath
Copperfields (drilling, trenching and review of historical data) has confirmed a
resource of 5.7 million tons grading between 0.33 per cent and 1.35 per cent
copper mineralization located in what is now believed to be sedex style host
rocks. The deposit strike length remains open to the north and southwest. In
addition to the Lochaber Lake copper deposit there are many other base metal
showings contained within the project area, which are ranked as high priority
exploration targets for volcanogenic massive sulphides. Two prime examples are:
College Grant (2.5 km to the southwest of the Lochaber Lake copper deposit) --
There is positive proof that massive sulphides are present in the exploration area.
In the late 1800s massive sulphide filled fissures were exploited. Over 36 tons of
ore grading 10 per cent Cu, was hand cobbed from 220 tons of rock. The
working hypothesis applied to the project suggests that these rich fissures
represent the near surface expression of deeper-seated massive sulphides.
Cross-Roads Ohio (9.5 km to the north of the Lochaber Lake copper deposit) --
Select grab samples from a secondary volcanogenic breccia sampled earlier by
the Department of Mines and Energy around old workings yielded 9.62 per cent
copper, 31.0 per cent zinc and one third of an ounce silver per ton. Government
assessment records state: "In 1884 an opening was made on a deposit of yellow
and gray copper ore that yielded 1,120 pounds of copper, six and two thirds
deadweight tonnage of gold and 3 ounces of silver per ton."
A detailed exploration campaign consisting of geochemical, airborne and ground
geophysics surveying is currently being initiated. Upon completion and
interpretation of the data, trenching and drilling is planned to commence.
The decision by the NAR board of directors to proceed with this project was
reached after a comprehensive due diligence performed by the companys'
consulting geologist Alex Y. Po. Furthermore, NAR management feels that having
two excellent and diversified exploration projects within close proximity to each
other within the province of Nova Scotia makes excellent business sense.
Work is continuing on the Nova Scotia mineral sands project. Titanium
Corporation of Canada has recently completed a seismic survey, which covered
roughly 60 per cent of the project. The purpose of this survey is to determine the
ultimate depths of the titanium bearing sands, prior to deep drilling. Preliminary
results are extremely encouraging, however final interpretation of the data will not
be completed until later in the month.
WARNING: The company relies on litigation protection for "forward looking"
statements.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com



To: rdww who wrote (251)6/12/2000 10:41:00 AM
From: chevalier  Read Replies (1) | Respond to of 343
 
NAR Resources Ltd -

NP says NAR arranges price-protected placement

NAR Resources Ltd
NRL
Shares issued 7,838,202
2000-06-09 close $2.5
Monday Jun 12 2000
The National Post reports in its Saturday, June 10, edition that NAR Resources
has arranged a price-protected private placement of 1.3 million units at $1.56
each. The National Post's Investing column reports that the units consist of one
common share, half a Series A warrant and half a Series B warrant. Each full A
warrant is exercisable for one common share at $2 each for up to 18 months.
Each full B warrant is exercisable for one share at $2.50 each up to 12 months.
According to Montreal Exchange guidelines for the price protection, the
placement must close by July 10.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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