Fancamp Announces Receiving Samples of TiO2-Concentrates and BF-Slags From Pangang
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CDNXFri, Jul 10, 2015 12:40 PM EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 13, 2015) - Fancamp Exploration Ltd. (TSX VENTURE:FNC) (the "Company") is pleased to announce that its 96.6% owned Magpie Mines Inc., has received the shipment from the Pangang Group, China, containing samples of TiO2-concentrates and BF-slags. The objective is to carry out metallurgical tests on these samples using Magpie's proprietary hydrometallurgical technology for the recovery of premium TiO2 product (refer to the company news release dated March 03rd, 2015).
Metallurgical tests will be carried out at SGS Lakefield. Preparatory work had already started, and final results are expected in 3-4 months.
Other parties have contacted the Company regarding the suitability of the Magpie Process for their ores and concentrates, showing that there is potential for collaboration in business with many Ti02 producers.
About Fancamp Exploration Ltd. (www.fancampexplorationltd.ca)
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company with an exceptional inventory of properties and related assets. Company policy over the years has been, and continues to be, to reduce risk by bringing in participating partners through sales or options. The resulting shares, cash payments and royalties have enabled the generation of income to continue the process and take advantage of opportunity.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.