West Cobar Metals Limited

Positive Findings from Newmont Ti Benchmarking Study

West Cobar Metals Limited (ASX:WC1) (“West Cobar”, “the Company”) is pleased to provide an update on activities at its Salazar critical minerals project in Western Australia.


Highlights

  • Titanium industry expert TZMI completes titanium benchmarking study on the Salazar Critical Minerals Project
  • Study identifies Newmont as a standout from its peers in terms of Ti and TREO in-situ grade
  • Benchmarking study is highly encouraging and supports validating flowsheet for production of titanium minerals from Salazar
Salazar Critical Minerals Project Ti Benchmarking Study

Following successful characterisation testwork of Ti mineralisation at the Newmont Deposit area1, West Cobar Metals engaged international titanium expert TZ Minerals International Pty Ltd (TZMI) to complete a benchmarking study of the Newmont resource.

TZMI is a global, independent consulting and publishing company which specialises in all aspects of the mineral sands, titanium dioxide and coatings industries2.

The Newmont resource3 and characterisation data was used by TZMI to benchmark the Salazar project deposit against several existing operations and potential new projects under development using publicly available information and TZMI estimates. The outcomes of the benchmarking are shown in Figure 1.

The benchmarking study shows that the Ti contained within the Newmont deposit has promising potential for economic extraction and that the Newmont resource is positioned favourably amongst peer resources in respect of both Ti and rare earth element content.

Figure 1 : Salazar Project (Newmont deposit) benchmarking

The relative positioning of the Newmont Inferred Ti and rare earth element resource is very positive for West Cobar, with relatively high insitu TiO2 grades and TREO grades compared to its peers. The Ti levels of the resource (on a whole rock basis) compare very favourably to both developing and operating projects.

TZMI concluded that “In terms of final ilmenite product quality, the composition of the magnetic fraction (comprising predominantly ilmenite) shows some promise with TiO₂ levels as high as 48.5%. This suggests the ilmenite is likely present as primary ilmenite … the CaO, MgO, V₂O₅, Cr₂O₃ in the magnetic fraction all seem relatively low which is positive and likely to be within the accepted levels for ilmenite used in sulfate pigment production.”


Click here for the full ASX Release

This article includes content from West Cobar Metals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
Iron ore sitting on Australia flag.

Australia’s 5 Most Valuable Mineral Exports (Updated 2024)

Australia’s economy is largely based on its natural resources, with the minerals sector making the greatest contribution to the nation’s exports at 62.5 percent. What are the top 5 natural resources in Australia in terms of export value?

Five of Australia’s states and territories rank in the top 20 mining jurisdictions in the world for investment attractiveness, according to the Fraser Institute’s latest annual survey of mining companies: Western Australia (fourth), Northern Territory (8th), Queensland (13th) and Southern Australia (19th).

These mining jurisdictions demonstrate a high level of investment attractiveness mainly due to their mineral-rich geology, solid infrastructure, stellar economic environment and government support for the resources industry at both the federal and state level.

Keep reading...Show less
West Cobar Metals Limited

Drilling Commenced at Salazar

West Cobar Metals Limited (ASX:WC1) (“West Cobar”, “the Company”) is pleased to announce drilling has commenced at the Company’s 100%- owned Salazar Project, 120 km north-east of Esperance in southern Western Australia.

Keep reading...Show less
Altiplano Begins Mining Operations at the 326 m Level at Farellon

Altiplano Begins Mining Operations at the 326 m Level at Farellon

Altiplano Metals Inc. (TSXV: APN) (WKN: A2JNFG) ("Altiplano" or the "Company") is pleased to report that a new production area has been established at the 326 m mining level at the Farellon copper-gold mine located near La Serena, Chile. Access to the 326 m level is part of the ongoing underground development of the Hugo Decline, used to access and extract copper-gold and iron material from Farellon.

Intersection of the 326 m mining level has been achieved through the advance of the Hugo Tunnel. This new level will provide opportunity to develop two new mining areas in the NE and SW directions where mining on the iron oxide copper gold vein structure has begun in these sub drift areas. This new access point will also provide opportunity mine the floors and roofs above on the 336 m and 344 m levels as part of the ongoing mining plan.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Firebird Metals

Substantial Low-Cost Financial Support for Battery Grade Manganese Sulphate Plant

Firebird Metals Limited (ASX: FRB, “Firebird” or “the Company”) is pleased to announce an update on the financing of its Stage 1 Battery Grade Manganese Sulphate Plant in China, which will utilise third party manganese ore to produce high-purity manganese sulphate.

Keep reading...Show less
  Rimfire Pacific Mining Limited

Melrose Leaching Test Work Generates up to 90% Scandium Recoveries

Rimfire Pacific Mining (ASX: RIM, “Rimfire” or “the Company”) is pleased to advise that 2 further leaching tests conducted on scandium - mineralised laterite material from the Melrose prospect have significantly improved the recovery of scandium into solution compared to previous leaching tests.

Keep reading...Show less
EMU NL

Fiery Creek Copper Expansion Georgetown Amended with Link

Emu NL hereby submits an amended ASX Release made earlier this morning in its entirety which now includes the following link to be able to view a video from CEO Doug Grewar on this announcement.

https://investorhub.emunl.com.au/link/0PǪDOr

EMU NL (ASX: EMU) (“EMU” or “the Company”) is pleased to provide an exploration update on the Fiery Creek Copper prospect located within the Georgetown Project in North Queensland. The Company’s mobilised and highly experienced exploration team is undertaking extended geochemistry and geophysics programmes at Fiery Creek to further investigate and build upon this potentially significant copper porphyry discovery.

Keep reading...Show less

Latest Press Releases

Related News

×