This is the one I mentioned a month ago. Fancamp was preparing for patent application. Argex Mining reported 99.8 per cent titanium dioxide (TiO2) separation in Phase I, but the percent was lowered at around 80%, then aiming for 90% in Phase II the results of which is planned to be reported in September.

This metallurgy method along with NI 43-101 compliant resource upgrade is the prerequisite for the sale of Magpie property. There has been no environmental issues raised so far. It will cost approx 800K for environmental study when it goes for production. The deposit is in the hill for low-cost open-pit mining. One problem is power is available around 40Km south.

One step is closer to the sale... Rank #4 steel company in the world.