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Titanium Sands Ltd.
Summary
| Project: | Mannar Island | |
|---|---|---|
| Deposit: | Mannar Island | |
| Location: | Sri Lanka | |
| Commodities: | Ilmenite-Leucoxene-Rutile-Zircon | |
| Date: | 9/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-9-2019: Titanium Sands Ltd. announces a Resource Estimation report for its Mannar Island deposit at the Mannar Island project. Updated mineral resource estimate for project. Titanium Sands, Managing Director, Dr James Searle commented: “The Mannar Isla | |
| Resources: | (Resource, Inf.): 31.92Mt @ 7.45% THM | |
| CP/QP: | [Resources]: Kobus Badenhorst, Bernhard Siebrits (GeoActiv Pty Ltd.;Not stated) | |
| ABSTRACT: | Titanium Sands, Managing Director, Dr James Searle commented: “The Mannar Island project has already delivered a 300% increase on its maiden JORC resource*, and we will continue to rapidly increase our resource base with the proposed tenure acquisition. The immediate priority is completing the due diligence investigations on the proposed tenure acquisition and we look forward to updating the market further on this and our ongoing RC air core drilling programs”. Titanium Sands Ltd (‘’The Company’’) is pleased to announce the definition of a substantive high grade heavy mineral sand resource of 32Mt at 7.45% Total Heavy Minerals on the proposed acquisition tenure at Mannar Island this will be a major step forward for the project on completion of the acquisition increasing the scale of the project immediately but also adding substantial resource extension and exploration potential. With ongoing resource drilling programs and a scoping study in progress Titanium Sands Ltd is rapidly advancing this expanding and technically robust project. | |
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