Randsburg updates on Titan Deposit in Ontario

Randsburg International Gold Corp. (TSX VENTURE:RGZ) reported that the company has received an updated Technical Report on its 20% owned Titan-Vanadium-Iron-Titanium Property located at Flett and Angus Townships, 120 kilometres northeast of Sudbury, Ontario. The property is jointly owned with Prophecy Resource Corp. (TSX VENTURE:PCY).

The press release is quoted as saying:

The Property is estimated to contain an inferred resource of 49.0 million tonnes at 0.24% vanadium (0.43% vanadium pentoxide), 14.82% titanium dioxide, and 48.09% iron oxide. The estimate uses a 40% Fe2O3 cutoff grade.

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