RE: Rns 7.02 todayToday 07:08
Shaun Bunn, Managing Director, said: "The recent drill campaign, the largest undertaken at Pitfield, has delivered exceptional assay results to date and has significantly improved our understanding of the scale, continuity and exceptional titanium grades to be found within the high-grade central core of the Thomas Prospect. We have delineated a substantial block of high-grade mineralisation averaging 47m in thickness with multiple near-surface intercepts at Thomas. Several of the drilling intercepts averaged close to or above 8% TiO₂, with a peak grade of 2m @ 21.44% TiO₂, underscoring the importance of this drill programme in setting up the Company to rapidly advance its mine planning, engineering design and continuous pilot plant testwork. We look forward to demonstrating a significant MRE upgrade, which is on track for Q3 2026."