High Titanium Resources and Technology Limited (“HTL”), formerly Queensland Industrial Minerals Ltd (“QIM”), is a public company established on 31st October 2002 for developing a mineralized area known as ‘Wateranga’ under Exploration Permit Minerals (“EPM”) 13278.
The Wateranga project covers an area of approximately 8,038 hectares and is located approximately 80km southwest of Bundaberg, in south east Queensland. The focus of the current economic interest is an eluvial resource derived from weathered gabbro, which contains valuable minerals. The main focus of the project is ilmenite, but other potentially valuable minerals include feldspar , apatite, mica and zircon.
Mining Lease ML80116 of central target area has been granted in 2018, and the project is moving to production stage.
Whilst development of the ML80116 area is underway, further drilling will continue on the ‘North’ area to categories this area as a resource under the JORC code. This area has a potential tonnage up to 65Mt , grading 4% – 8% ilmenite. ‘North’ area is also the major expansion target area for stage 2 of the project.
HTL develops steadily since the company established. Creating long-term shareholder value is always HTL’s priority. We commit to work in ways that are consistent with our values of integrity, performance and teamwork. HTL board members believe that as Wateranga Project will gradually move into production stage from 2021-2022 financial year, HTL will become emerging force in the industrial minerals industry, with supplying Australian and International market ample amount of high quality industrial minerals in the following 30 to 40 years. Meanwhile to accomplish HTL’s ultimate mission that is to output long-term values to shareholders, employees and local communities.