Focused on critical metal projects in Quebec, Temas Resources (TMAS.c TMASF) is engaged in the acquisition, exploration and development of mineral properties and is actively advancing the La Blache and Lac Brule titanium projects through Preliminary Economic Assessments.
Having successfully secured innovative mineral processing technologies that are lower cost and eco-friendly compared to traditional processing methods, TMAS is applying green mineral recovery technologies across its mining portfolio to reduce the environmental impact and carbon footprint.
Notably, Quebec stands out as an ideal location for mining due to a combination of geographical, economic, and political factors including diverse mineral wealth and favourable government policies including a supportive regulatory environment with financial incentives
The La Blache project consists of 127 mineral claims with ~15,000m of drilling and has a total inferred resource of 208.5Mt of semi-massive and massive oxide with PEA highlights including:
Located entirely in the center of the main claim block easy of Lake De La Blache, the main Iron-Titanium-Vanadium oxides mineralization reported here is the Farrell-Taylor deposit.
Comprised of 36 claims, Lac Brule covers 2,016 hectares within the Labrieville Anorthsosite Compex.
With historic drilling conducted across 2 mineralized lenses, Lac Brule has favourable mienralization for the application of OTF TiO2 technology proved to be 144.8% more cost-efficient than conventional processes.
Plus, historic metallurgical bench tests attained 94% TiO2, 95% V2O5 and 99% iron oxides successfully leached.
The Titanium Oxide Market
Titanium Dioxide (TiO2) is a naturally occurring oxide of titanium with the highest refractive index of any material known to man. Having historically demonstrated a healthy track record of growth, the TiO2 Market is expected to increase to US$32B by 2032 from US$19B in 2022.
Providing maximum whiteness and opacity, TiO2 pigments are used in paints, coatings, plastics, paper, building materials, cosmetics, pharmaceuticals, foods and many other commercial products.
With 16.1M shares outstanding and 24.67M shares fully diluted, TMAS boasts ~12.4% insider ownership from its experienced management team including Tim Fernback as CEO and Director.
As "Titanium has been trading well above our assumptions of USD $2,200 per tonne for over three years at over USD $3,000 per tonne since August 2022", TMAS stands to advance a significant asset forward amid the major global supply of titanium coming to the end of its life.
Posted on Behalf of Temas Resources Corp.