RE: Titanium27 Jan 2024 10:53
Morning Genghis,
Isn’t that the point?
I’m not here to answer any company questions. That’s for the CEO & RNS’s.
The question I have is a personal one of which could be answered immediately.
Why post constantly on a forum of a company you’re not invested in saying the same thing over & over & over again? If LH cared so much about those topics he would surely contact the company no?
My reference to Sheffield Resources (based off E43’s well spotted July RNS) was done so because it is important & is a comparison (indirect), so much so our board thought it pertinent to include it in that RNS.
May I remind everyone;
“Initial petrography work confirms the presence of ilmenite, a titanium-iron oxide mineral, which is highly valued as a source for titanium oxide ('TiO2') and which accounts for over 85% of the feedstock for the entire titanium industry.
The dominance of ilmenite and hematite within the samples studied, along with only the minor presence of magnetite, is considered highly beneficial from an economic perspective.
We have been able to demonstrate the scale of this mineral system and confirm that the host sedimentary rocks have been extensively replaced by titanium and iron minerals. This distinguishes Pitfield from the typical titanium deposits which are either much lower grade heavy mineral beach sand deposits or hard-rock igneous deposits which are difficult to beneficiate. (But yet they are doing so meaning it’s easier for us to do)
We believe Pitfield is truly unique in its scale and character, and I am confident that with further exploration success and studies we can demonstrate that this is a world leading discovery of titanium rich mineralisation which will have globally significant economic value.
Importantly from an economic perspective, the dominant iron and titanium oxide minerals, are hematite (Fe2O3) and ilmenite (FeTiO3), with lesser rutile and leucoxene, also titanium oxide minerals. Most importantly, only minor magnetite (Fe3O4) was identified within the samples. There is evidence of some trace amounts of titanomagnetite, but the vast majority of the iron oxide and iron-titanium oxide minerals are hematite and ilmenite respectively. This has significant economic implications as titanomagnetite can be very difficult to process, unlike hemo-ilmenite which is currently processed by Rio Tinto at its 70-year-old RTIT Quebec Operations in Quebec, Canada
Given the HM deposit's close proximity there is considerable likelihood that the titanium bearing minerals, specifically the ilmenite and rutile, were sourced through westward erosion of the primary stratabound titanium deposit at Pitfield. Previous mineral assemblage work carried out initially by Iluka Resources and subsequently by Sheffield, identified high-quality ilmenite (>55% TiO2) and rutile (>95% TiO2) which augurs well for the quality of the titanium mineralisation at Pitfield”
35 years experience & expertise tel
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