TSL RESOURCE UPGRADED TO INDICATEDCATEGORY AS PROJECT CONTINUES...

TSL RESOURCE UPGRADED TO INDICATED
CATEGORY AS PROJECT CONTINUES TO EXPAND
 Resources for the Mannar Island Project now stand at a total of
90.03Mt at 6.60% Total Heavy Mineral of which 57.68Mt at
6.06%THM is on tenure already held by the Company and
32.35Mt at 7.56%THM is on tenure to be acquired subject to
shareholder approval. 1
 Of the total resource 66% is now in the higher definition
indicated resource category.
 Visual logging of heavy minerals in the 473 hole Reverse
Circulation drilling program completed in December 2019
indicates there is substantial potential for depth extensions
below and adjacent to this resource reported here. 2
Titanium Sands, Managing Director, Dr James Searle commented:
“Translation of over 66% of the Mannar Island Mineral Resource into
the better defined Indicated Mineral Resource category is a major
step forward for the Mannar Island Project and a sound basis for
further multiple increases in the quality resource base”.