More drilling needed to see what titanium and potentially/hopefully what zircon is present to the north and to the west of holes 37,38 and 39. The JV prospect has growth potential whereas the 100% PTR ground seems to have found the boundary already.
Assuming a positive outcome than mineral assemblage and met work will determine the viablity of this becoming a mine. I saw a competitor can extract the titanium minerals for less than $5 per ton from mineral sands.
@setfiretothehive can u look at this project and from what we know so far can u give your opinion of potentail/risks
Ann: Drilling Confirms Potential for World-Class Titanium Project, page-171
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