TMAS: Results & Innovation in Titanium/Vanadium Exploration Temas Resources Corp. (Ticker: TMAS.c or TMASF for US investors) is driven by a mission to meet the global demand for critical metals. With a focus on titanium and vanadium, deemed essential to both national security and economic stability by the U.S. Department of the Interior, TMAS is working to shape the future of sustainable mining.
Project Highlights
TMAS strategically positions itself within the Grenville Geological Province, home to the renowned Lac Tio, the world's largest solid ilmenite deposit. This region, known for its stability and mining-friendly environment, hosts TMAS's La Blache and Lac Brule Projects.
The La Blache Property encompasses 127 mineral claims and has had over 15,000 meters of drilling. The project's focus is its Farrell-Taylor deposit nestled within the main claim block east of Lake De La Blache. The project has a Preliminary Economic Assessment (PEA) which outlines compelling economics.
The Lac Brule Project comprises 36 claims spanning 2,016 hectares within the Labrieville Anorthosite Complex. Historic drilling has been conducted on the property across two mineralized lenses. Historic metallurgical bench tests achieved promising results, with leaching successfully attaining 94% TiO2, 95% V2O5, and 99% iron oxides.
Innovative Approaches to Mining
TMAS has made significant metallurgical advancements, evident in the completion of pilot plant testing on mineralization from the La Blache Project. These tests yielded 97.8% titanium dioxide (TiO) product, showcasing TMAS's dedication to high-quality, eco-friendly extraction processes.
Moreover, TMAS boasts a robust portfolio of intellectual property and patents, focusing on sustainable extraction and processing technologies. Collaborative efforts with institutions like the University of Minnesota have validated the cost-effectiveness of TMAS's methodologies, with potential cost reductions exceeding 65% compared to industry averages.
Corporate Structure and Ownership
With approximately 16.4 million shares issued and outstanding, management maintains a direct ownership stake of around 13%, demonstrating their vested interest in the company's success. Additionally, a significant portion of shares (40%) is held by trusted associates, friends and family.
See their company deck for more information: https://temasresources.com/wp-content/uploads/2024/03/Temas_CorpPres-Kin-March-2024.pdf
Posted on behalf of Temas Resources Corp.