Altair announces preliminary test results at Tennessee property.CODY, Wyoming--(BUSINESS WIRE)--April 9, 1997--Three large samples of heavy mineral bearing sands, containing approximately 2 percent, 4 percent and 10 percent total heavy minerals, were collected from the Western Tennessee property owned by Altair International Inc. (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)(ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AIL AIL 1. Angiocentric immunoproliferative lesion 2. Angioimmunoblastic lymphadenopathy .). The samples were shipped to Altair's facility at Reno, Nev., for separation testing using the patented Centrifugal Jig. The primary purpose of the sample collection and testing is to determine if the Centrifugal Jig can efficiently concentrate the fine heavy minerals contained in these sands. The very fine particle size Particle size, also called grain size, refers to the diameter of individual grains of sediment, or the lithified particles in clastic rocks. The term may also be applied to other granular materials. previously precluded commercial development by major mining companies using then-available gravity recovery equipment. The intermediate grade (4 percent) sample was selected for initial testing. A separation of heavy minerals was effected with a single pass through the centrifugal jig, the concentrate stream being dominantly dark heavy minerals and the tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. stream light non valuable material. A full spectrum of tests is planned on the bulk samples, and results will be reported as they become available. Dr. William P. Long, Altair's president, said, "These results are significant in that the Centrifugal Jig processed this sand feed with comparative ease. Altair acquired its Tennessee mineral holding on the premise that these fine gained sands would be amenable to processing with the Centrifugal Jig. Initial test work supports that contention." Altair will commence a third drill hole series at the property later this month. Results will advance our understanding of continuity of mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. and the mineralogy mineralogy Scientific study of minerals, including their physical properties, chemical composition, internal crystal structure, occurrence and distribution in nature, and origins or conditions of formation. of the heavy constituents. Altair is in the development stage of commercializing its state-of-the-art technology, the Centrifugal Jig, which recovers extremely fine, heavy particulate matter using a combination of a mechanical jig and centrifugal force. Potential applications include gold/mineral recovery, coal cleaning and environmental remediation. -0- NOTE: News releases, 10K and other information on Altair can be accessed at no charge at Web Site http://www.ctaonline.com/ir/aig.htm on the Internet. -0- The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). neither approves nor disapproves of the information contained herein. CONTACT: Carl Thompson Associates Jenny Herring, 303/494-5472 or Carl Thompson, 303/494-5472 or Altair International Inc. Dr. William Long, 307/587-8245 |
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