Originally posted by cashken
Hi Mahoney,
Please refer to the ASX ann of 14/5/2018.
Corridor Central (proposed MRQ acq) returned drill intercepts of 36m @ 5.7 THM, 27m @ 6.8 THM and 39m @ 6.7 THM.
High grade heavy mineral sands, however zircon doesn't seem to be too high grade.
The point though is the market cap.
Titanium is the king of metals - ratio of weight, strength and non-corrosiveness cannot be matched.
If 3D printing takes off - see Titomic (ASX:TTT), then titanium projects like Corridor Sands will be held in high regard. Is 3D printing the future??
Much more information to add - for instance:
a) Imagine what a Rio JV term would do for our project as it has done for Strandline to the South.
b) Linhuane looks to have the highest grade of heavy mineral sands I have ever seen - 10% - %50 and only drilled so far to 10metres..
Hope this helps..
need to see breakdown before getting excited . plenty of Ilmenite about need high grade Zircon