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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:3/6/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-3-2020: Titanium Sands Ltd. announces an Exploration/Drilling Update report for its Mannar Island deposit at the Mannar Island project. Drilling results incl. 11m @ 3.34% THM from 0m. All 473 RC aircore drill holes completed in mid-December 2019 have no
Resources:(Resource, I+I): 90.03Mt @ 6.60% THM
CP/QP:[Overall Report]: James Searle (Internal)
ABSTRACT:All 473 RC aircore drill holes completed in mid-December 2019 have now been analysed. Subsequent to the last drilling announcement2 results from a further 76 drill holes were received (See Appendix 1 Figure 1 and Appendix 1 Table 1). The complete RC aircore drilling results (Figure 1 and previous RC results2,3) show that 419 (89% of the holes) returned intercepts between 2 and 11% Total Heavy Minerals (THM). Of these mineralised drill holes 273 returned intercepts of between 5 and 12m. The RC aircore drilling results indicate that the current shallow (13m thick) surface exposed resource1 of 90.03Mt at 6.60% THM is underlain by large areas of deeper mineralisation as illustrated in the cross sections in Figure 2 and 3. While the RC aircore drilling results indicate the deeper mineralisation is likely at least in part to lower grade than the shallow surface resource it is laterally extensive and typically extends down to at least 5 to 12m below surface under the surface mineral resource.

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