TMAS at Deutsche Goldmesse - Presentation Summary Insightful presentation from Temas Resources (TMAS.c TMASF) at the Deutsche Goldmesse earlier this year: https://www.youtube.com/watch?v=tGZ5v_j_gT0
Focused on iron, titanium, and vanadium exploration, TMAS is exploring the La Blanche and Lac Brule projects in Quebec.
LaBlanche Project:
- Location: 100 km north of Baie-Comeau.
- Status: Preliminary Economic Assessment (PEA) completed.
- Resources: 28 million tons at 16.5% TiO2 equivalent.
- Infrastructure: Accessible by winter road and secondary logging roads, near rail and high-voltage power lines.
- Economics: $6.6 billion NPV post-tax, 60% IRR, 14-year mine life, 2 years of pre-production development.
- Consolidation: Recently consolidated land packages around the project.
Lac Brule Project:
- Location: 80 km north of Saguenay.
- Status: Upcoming drilling, aiming for PEA later this year.
Technology:
- Chloride leach technology for titanium dioxide extraction, reducing electricity costs and achieving 95% recycling of reagents.
Titanium Dioxide Market and Demand:
- Uses: Paint, paper, plastics.
- Market Growth: Expected to grow from $19 billion to $32 billion over the next 10 years.
- Production Trends: Redomiciling of production from Africa to Australia, Canada, and the US.
In control of several key mineral lenses, TMAS stands to become a major player in the titanium sector in a mining-friendly jurisdiction with a project whose NPV substantially exceeds its current market cap.
Posted on Behalf of Temas Resources Corp.