Titanium Corporation Inc has announced a National Research Council of Canada Industrial Research Assistance Program (IRAP) contribution agreement to assist the company in carrying out programs related to paraffinic froth treatment tailings. The programs include heavy mineral concentrates, zircon and bitumen production as well as froth treatment tailings remediation.
IRAP will provide technical advisory expertise and financial support of up to $470,000 for eligible costs related to programs currently underway at CanmetENERGY’s research facilities in Devon, Alberta for completion by the end of 2013.
“The IRAP supported programs are built on our patented technologies which are ready for implementation at the three oil sands mining sites using the naphtha froth treatment process,” said Titanium’s President and CEO, Scott Nelson. “Paraffinic froth treatment is a newer process used by two additional sites where there are significant opportunities for our Company to recover lost resources and reduce environmental impacts.”