ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

FinnAust Mining: Appointment of Mineral Sands Industry Leaders

Share On Facebook
share on Linkedin
Print

Appointment of Mineral Sands Industry Leaders to Assist in Development of Pituffik Titanium Project, Greenland

©

FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced that, in line with its strategy to rapidly assess the near term production potential of the Pituffik Titanium Project in Greenland, it has appointed independent experts Mr. Peter Waugh and TZ Minerals International Pty to assist in this process.

TZMI is a recognised leader in the provision of accurate & up to date technical, engineering and marketing support within the mineral sand industry, their advice and support will benefit the Company as it continues its assessment of Pituffik.

Work completed to date indicates the potential for the Project to be in the top percentile of assets worldwide in terms of heavy mineral grade. The initial scope of work conducted by TZMI will focus on leveraging the advantageous characteristics of the mineralisation at Pituffik, such as grade, volume and composition, to create cost effective development scenarios that can then be assessed by the Company and potential investors.

To compliment this and further strengthen the back end of the business, downstream processing expert, Mr Peter Waugh has also been engaged. Peter has broad industry management experience as well as valuable knowledge of the international titanium dioxide pigment industry and will assist with end user & off-take arrangements as well as timely metallurgical management and advice.

FinnAust CEO Roderick McIllree said, “We look forward to working collaboratively with Peter and the team at TZMI. We will benefit immensely from their collective experience in the mineral sands space as we work to define appropriate development scenarios.

“We will update shareholders as things progress, however in the meantime, interested parties can look forward to a steady stream of results driven news and permitting updates from the project as both permitting and technical developments continue throughout the next two quarters as well as other critical path aspects converge.”

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 | help@advfn.com