Altair Retains TZMI for Pre-Feasibility Study.CODY, Wyoming--(BUSINESS WIRE)--March 23, 1998--Altair International Inc. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :AIL AIL 1. Angiocentric immunoproliferative lesion 2. Angioimmunoblastic lymphadenopathy ) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALTIF) announces that it has engaged the services of TZ Minerals International Pty Ltd PTY LTD Propriety Limited (company structure in Australia) (TZMI) to prepare the pre-feasibility study for the Camden, Tennessee Camden is a city in Benton County, Tennessee, United States. The population was 3,828 at the 2000 census. It is the county seat of Benton CountyGR6. Geography Camden is positioned at (36.046344, -88. heavy mineral sands deposit. TZMI is an Australian based consultancy with a world-wide reputation in all aspects of the mineral sands industry. TZMI's principals have over 30 years' combined technical and management experience in the mineral sands industry. TZMI and its affiliates provide a variety of services to major mineral sand industry companies and prepare regular authoritative publications including Mineral Sands Report, Mineral Sands Annual Review, Zircon zircon Silicate mineral, zirconium silicate, ZrSiO4, the principal source of zirconium. Zircon is widespread as an accessory mineral in acid igneous rocks; it also occurs in metamorphic rocks and, fairly often, in detrital deposits. to 2000 and Beyond, and the recent jointly published Ti02 Pigment - a Dynamic Global Industry. TZMI is providing assistance to Altair in resource assessment and, using the services of its affiliate company TZ Technology Pty Ltd, is undertaking process test work on samples of heavy mineral concentrates in order to prepare an indicative processing flow sheet for inclusion in the pre-feasibility study. In addition, TZMI will provide a market framework for the potential sale of products from the Camden resource and will generate economic projections excluding financing and taxation factors. Altair International is in the development stage of commercializing its state-of-the-art technology, the Centrifugal Jig, which recovers extremely fine, heavy particulate matter particulate matter n. Abbr. PM Material suspended in the air in the form of minute solid particles or liquid droplets, especially when considered as an atmospheric pollutant. Noun 1. using a combination of a mechanical jig and centrifugal force centrifugal force Fictitious force, peculiar to circular motion, that is equal but opposite to the centripetal force that keeps a particle on a circular path (see centripetal acceleration). . Potential applications include gold/mineral recovery, coal cleaning and environmental remediation. Altair is the 100 percent owner of a large titanium/zircon mineral deposit in Tennessee. This press release may be deemed to contain certain forward-looking statements with respect to the Company that are subject to risks and uncertainties that include, but are not limited to, those identified in the Company's press releases or discussed from time to time in the Company's Securities and Exchange Commission filings. Actual results may vary materially. The Alberta Stock Exchange neither approves nor disapproves of the information contained herein. -0- News releases and other information on Altair can be accessed at no charge at Web Site http://www.ctaonline.com/ir/aig.htm on the Internet. CONTACT: Carl Thompson Associates Carl Thompson, 303/494-5472 or Carl Thompson Associates Sheila Whitman, 303/494-5472 or Altair International Inc. William P. Long, 307/587-8245 |
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