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December 04, 2014 --- Vol. 08, No. 49December 2014

Greenland

IRON/TITANIUM/VANADIUM – West Melville Metals Inc. Dec. 3 said the first phase of the metallurgical test work being conducted by Commonwealth Scientific and Industrial Research Organisation in Perth, Australia on the Isortoq Project located on the southern coast of Greenland has been successfully completed. Highlights of the work include: Positive metallurgical test results with scope for further improvements with optimization; a simple beneficiation process yields a clean, high-grade concentrate (50.2 percent iron; 20.9 percent titanium dioxide and 0.34 percent vanadium pentoxide); best leaching results achieved in the hydrochloric acid system, with separation of iron and vanadium from titanium (titanium remains in the leach residue); leach efficiency of >95 percent for vanadium and >80 percent for iron, with >95 percent of extraction occurring within 30 minutes; these results represent the successful completion of the first stage in the development of a hydro-metallurgical process flow sheet aimed at commercially extracting iron, titanium and vanadium from the Isortoq deposit. “We are encouraged by the results of this first phase of metallurgical test work,” said West Melville Metals CEO Rory Moore, Ph. D. “A simple beneficiation flow sheet has been demonstrated to produce a clean, high grade concentrate and the initial leach tests have shown that the Isortoq concentrate can be efficiently leached in relatively dilute hydrochloric acid. The CSIRO is now preparing a proposal for phase 2 of the test work, which will include optimization of the leaching process, together with an evaluation of various methods for recovering high purity marketable titanium, vanadium and iron from the phase 1 products.” In 2013, West Melville reported an initial NI 43-101 inferred resource estimate for the Isortoq project of 70.3 million metric tons grading 38.1 percent ferrous oxide (29.6 percent iron), 10.9 percent titanium oxide and 0.144 percent vanadium pentoxide (V2O5) applying a 15 percent iron cutoff. It is significant to note that this initial resource represents drilling on less than one kilometer of the Isortoq body, while evidence from previous drilling and the 2012 ground magnetic survey has demonstrated a strike length exceeding 16.3 kilometers (10.1 miles) with the mineralized body being open to the south.


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