Technology Metals Australia Limited announced results from diagnostic testwork completed on the non-magnetic tails streams from the MASFR1 and MASFR2 composites from the Yarrabubba Iron-Vanadium Project. This testwork has demonstrated the viability of producing a titanium product from the tails stream from magnetic concentration of ore from the Yarrabubba Project, with concentrates generated from the +45micron size fractions containing up to 48.5% TiO2 for MASFR1 and 48.4% TiO2 for MASFR21. Importantly the work demonstrates that high titanium recovery is possible using standard gravity separation, with dense fractions typically recovering in excess of 90% of the +45micron TiO2 for a total TiO2 recovery between 54% and 72% from the non-magnetic tails. The testwork is preliminary and unoptimised, with further work underway to replicate the anticipated Yarrabubba flowsheet, with the expectation that this optimised testwork will further enhance the titanium product. The Yarrabubba Iron-Vanadium Project, a satellite project to the globally significant Gabanintha Vanadium Project, is located on granted Mining Lease M51/884 and hosts an Indicated and Inferred mineral resource estimate of 27.7Mt at 38.7% Fe, 0.9% V2O5, and 9.9% TiO2. The high grade massive magnetite unit contained within the MRE consists of 14.4Mt at 48.1% Fe, 1.1% V2O5 and 12.4% TiO2. A program of Low Intensity Magnetic Separation ("LIMS") testwork completed on seven (7) composite samples from PQ diamond drill holes confirmed the opportunity to produce a high grade, high purity iron-vanadium concentrate across all of the mineralised units at Yarrabubba, with a weighted average grade of 64.3% Fe, 1.71% V2O5, 6.34% TiO2, 0.42% SiO2 and 0.67% Al2O3 and an overall mass recovery of 47.6% at a 32 micron grind size. The representative composite samples tested were: MASFR1 ­ Massive, Fresh, Composite 1; MASFR2 ­ Massive, Fresh, Composite 2; HW1FR ­ Hangingwall Unit 1, Fresh; HW2FR ­ Hangingwall Unit 2, Fresh HW3FR ­ Hangingwall Unit 3, Fresh; FWFR ­ Footwall Unit, Fresh; and TRANS ­ Massive Transitional Composite. The LIMS testing across the seven (7) composites showed clear potential to discriminate between vanadiferous iron (V+Fe) phases and titanium (TiO 2) containing phases across the range of grind sizes, indicating potential for a titanium product to be generated from the non-magnetic tails stream. Diagnostic testwork has now been completed on non-magnetic tails streams generated from the MASFR1 and MASFR2 composites at selected grind sizes of P80 710 µm, P80 500 µm, P80 250 µm and P80 125 µm. This work has demonstrated the viability of producing a titanium product from the ore at Yarrabubba. Products were generated with grades up to 48.5% TiO2 for MASFR1 and 48.4% TiO2 for MASFR2, with an average of 45.9% TiO2.