Titanium Corporation Reports Results for the First Quarter
CALGARY, Alberta, May 26, 2021 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) today released its results for the three months ended March 31, 2021.
During the first quarter of 2021, the joint project team for the Company and Canadian Natural Resources Limited (“Canadian Natural”) continued work towards the implementation of Titanium’s Creating Value from Waste™ (“CVW™”) technology at Canadian Natural’s Horizon oil sands site (the “Project” or the “CVW™ Horizon Project”). The Project work included finalizing engineering reviews of the concentrator facility, engineering redesign of the minerals and transload facilities and updating engineering cost estimates. The results of the engineering work are currently under review, including Project cost estimates, economic analysis and environmental benefits.