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Titanium Sands Ltd.

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Summary

Project:

Mannar Island

Deposit:Mannar Island
Location:Sri Lanka
Commodities:Ilmenite-Leucoxene-Rutile-Zircon
Date:2/19/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-2-2020: Titanium Sands Ltd. announces an Exploration/Drilling Update report for its Mannar Island deposit at the Mannar Island project. Drilling results incl. 11m @ 4.62% THM from 0m. As previously reported (ASX:TSL 5/2/20201) 473 RC aircore drill hole
Resources:(Resource, I+I): 90.03Mt @ 6.60% THM
CP/QP:[Overall Report]: James Searle (Internal)
ABSTRACT:As previously reported (ASX:TSL 5/2/20201) 473 RC aircore drill holes were completed on the Mannar Island Project (Figure 1) and results from the first 181 drill holes1 demonstrated heavy mineral concentrations down to at least 8-9m depth beneath the 8km strike length of the Domain 2 shallow resource (Figure 2). Now further results from another 243 drill holes have shown that under at least 18km2 of the shallow Domain 1 resource area significant heavy mineral concentrations of 2 to over 6% consistently occur down to at least 10 to 11m below surface. As with the previously reported RC aircore consistent visual logging down to depths of 12m below surface (Figure 3) indicate further heavy mineral concentration below the limit (10-11m) of accurate sampling in the RC aircore holes to date. DRILLING OBJECTIVES AND OUTCOMES The RC Aircore drilling program was designed to test for below water table depth extension of the surface exposed mineral resource to a nominal depth of 12m. Sampling of the RC aircore drill holes every metre was undertaken from surface down to a depth where water recovery with the sample was judged

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