Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Value of Titanium Deposit at Magpie

Price, dollars per metric ton, year end (2010):

Ilmenite, bulk, minimum 54% TiO2, f.o.b. Australia $75 

Rutile, bulk, minimum 95% TiO2, f.o.b. Australia $760

Slag, 80%–95% TiO2 $450-570

The value of titanium mineral concentrates consumed in the United States in 2010 was about $470 million

http://minerals.usgs.gov/minerals/pubs/commodity/titanium/mcs-2011-timin.pdf

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