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Temas Resources Corp C.TMAS

Alternate Symbol(s):  TMASF

Temas Resources Corp. is a Canada-based company, which is engaged in the acquisition, development and exploration of mineral properties. The Company is focused on the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec. The Company’s projects include La Blache Fe-Ti-V Project and Lac Brule Ti-Fe-V Project. The La Blache Fe-Ti-V Project is comprised of approximately 175 claims and covers 9466.97 hectares. The La Blache Project is located approximately 100 kilometers (km) north of the community of Baie-Comeau, Quebec. The Lac Brule Ti-Fe-V Project is comprised of approximately 36 claims, covering 2,016 hectares within the Labrieville Anorthsosite Complex. The Lac Brule Ti-Fe-V Project is located 64 km by road accessible from Labrieville. The Company applies its green mineral recovery technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies.


CSE:TMAS - Post by User

Temas Resources Corp > TMAS plans C$1.2bn titanium, iron ore mine in Quebec
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Post by MarketMakersson Aug 06, 2024 3:15pm
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Post# 36166369

TMAS plans C$1.2bn titanium, iron ore mine in Quebec

TMAS plans C$1.2bn titanium, iron ore mine in Quebec

Temas Resources plans C$1.2bn titanium, iron ore mine in Quebec - https://www.mining.com/joint-venture/jv-video-temas-resources-plans-1-2b-titanium-iron-ore-mine-in-quebec/

 

With similarities to Rio Tinto's long-standing operations in the region, Temas Resources (TMAS.c TMASF) is developing the La Blache Titanium-Vanadium-Iron Project in Eastern Quebec.
 

Boasting the potential to advance significantly without needing to "reinvent the wheel", The project's recent preliminary economic assessment indicates a robust after-tax net present value of $6.8 billion at an 8% discount rate and a 55% internal rate of return.

 

Posted on Behalf of Temas Resources Corp.

 

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