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[January 2002]
Titanium Corp Announces Pilot Plant Details
Titanium Corporation (Toronto, Ontario, Canada) says that arrangements have been finalised with Minerals Engineering Centre, Dalhousie University, for the establishment of a lab scale pilot testing facility at Halifax, Nova Scotia. This facility will enable Titanium Corp to process raw material from its Nova Scotia Mineral Sands Project on the Shubenacadie River near Maitland. The company has allocated more than Can$700,000 to purchase and operate the required testing equipment which will represent a scaled down version of equipment with proven production capabilities now being used in existing mineral sands processing facilities world-wide.Chairman and CEO George Elliott reported that "all of the equipment we have ordered from MD Mineral Technologies and Ore Kinetics in Australia has been tested and evaluated by our staff and we expect to have the pilot plant installed and operational by early February 2002. Jim Reeves, our Director of Metallurgy, together with Brian Stratford of the independent consulting firm of Brain Stratford & Associates and Minerals Engineering Centre staff will supervise the testing program which is expected to run for about four months".
Elliott added: "Together, we will focus on processing bulk samples from our 330 million tonne proven reserve deposit to separate the economic minerals (rutile, ilmenite, leucoxene, zircon, garnet and magnetite) into marketable concentrates for evaluation by potential consumers. In this way, we will be able to mitigate the potential risks typically associated with scale in the processing flow sheet and consumers will get a first hand feel for the production methodology".
According to Elliott, Titanium Corp expects to commission a bankable feasibility study and a larger pilot plant once this initial testing programme is completed. In the interim, work will continue to further define and expand reserves.
ENDS