TEST: Synthetic rutile concentrate produced

QUEBEC – Fancamp Exploration of Vancouver says synthetic rutile (TiO₂) concentrate has been produced in pilot tests on material from the Magpie iron-titanium-vanadium-chromium project east of Sept-Iles. The high grade concentrate has the potential to be used for both titanium pigment and metal production.

The latest tests were conducted by SGS Lakefield using a one step leaching process instead of the two step process of earlier tests. Superior recovery (more than 90%) and purity (about 96%) were achieved. The tests also confirmed the process conditions in a continuous operation.

Further testing is planned such as vanadium and chromium separation, ferrous oxidation/ferric hydrolysis tests, and reproducibility of earlier results.

Fancamp says the Magpie deposit is among the world's largest undeveloped titaniferous magnetite deposits. The historic resource (non-compliant) is 1.1 billion tonnes grading 43% Fe and 11% TiO₂.

Geotechnical and 43-101 reports are posted at FancampExplorationLtd.ca.