TMAS Conference Presentation Summary w/ Video Temas Resources (CSE: TMAS | OTCQB: TMASF) is a mineral exploration company with substantial titanium, iron, and vanadium projects in Quebec, a region well-known for its favorable mining environment. Tim Fernback, the CEO of Temas Resources, recently provided significant updates on the company's ventures during the 2024 Kinvestor Critical Minerals & Mining Virtual Conference.
Strategic Projects in Quebec
The company actively explores the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec. These projects benefit from the region's abundant mineral deposits and strong infrastructure, including access to the deep-water port on the St. Lawrence River.
Environmental Commitment
Temas Resources distinguishes itself through its dedication to environmentally sustainable mining practices. The company invests in and implements green mineral recovery technologies to minimize environmental impact and carbon footprint.
Innovative Technology
Temas' innovative and patented ORF chloride leaching technology was developed in collaboration with the University of Minnesota. This technology significantly reduces processing costs and reuses over 95% of reagents. It is estimated to be 144.8% more efficient than traditional techniques.
La Blache PEA
Temas recently unveiled an initial PEA for La Blache, projecting a net present value (NPV) of $6.6 billion over a 14-year mine duration. The forecast includes an annual production of 660,000 tonnes of titanium dioxide, with a payback period of 25 months and an internal rate of return of 60.8%. Additionally, the Lac Brule project, with its higher-grade near-surface deposits, presents a valuable asset in the company's portfolio.
Future Prospects
Investors can anticipate further value creation as Temas Resources utilizes its experienced management team, robust corporate structure, and strategic partnerships to advance project development. With plans for continued drilling, environmental assessments, and community engagement, the company is positioned for growth and committed to delivering shareholder value in the upcoming year.
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Posted on behalf of Temas Resources Corp.