Randsburg cuts titanium-vanadium mineralization at Titan

Drilling by Randsburg International Gold (RGZ-V) has intersected a 300-metre length of titanium and vanadium mineralization at the Titan property, 50 km north of North Bay, Ont.

The intersection in Randsburg’s drill hole RA6-04 averaged 10.4% titanium dioxide (TiO₂) and 0.17% vanadium over the 300-metre length that was assayed. Included in that was an 82-metre interval, starting 206 metres down the hole, which graded 16.3% TiO₂ and 0.26% vanadium.

A further 87 metres of core from RA6-04 is out for analysis, as is core from four other drill holes.

Randsburg’s target is an anorthosite body where work in the 1940s and 1950s outlined about 128 million tonnes grading 15.64% TiO₂. The company is not relying on the historical figures, which would not comply with National Instrument 43-101.