Ann: Investor Update February 2025, page-2

  1. 6,595 Posts.
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    Hello. To date, only for two eastern drill lines, PTR have reported around 64.5% titanium content in the HM and around 76.4% titanium in the HM.

    In comparison, we can see MEU have reported so far around an average 47.8% titanium in the HM and also the impression of the equivalent of iron to titanium. Therefore, similar to PTR, there appears not much other junk mixed with the titanium & iron.

    Hopefully, MEU can improve on these original four drill holes, so the titanium ratio in HM is higher and the iron ratio is less.

    But, for now, it gives the impression of ILMENITE, albeit a good quality ilmenite. While not a super high grade ilmenite, a clean ilmenite just composed of mostly titanium & iron.

    The truth always is in the drill results.

    https://hotcopper.com.au/data/attachments/6835/6835091-dca58ce6c5a0add661ab6f82da282dbe.jpg

    https://hotcopper.com.au/data/attachments/6835/6835083-b04b1f2f449e83f8b4c691e76bd09085.jpg


    https://hotcopper.com.au/data/attachments/6835/6835086-6466661b94b330697ae23032c1b0adf3.jpg
    Last edited by GKeden: 25/02/25
 
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