Welcome to our dedicated page for RESOURO STRATEGIC METALS news (Ticker: RSGOF), a resource for investors and traders seeking the latest updates and insights on RESOURO STRATEGIC METALS stock.
Resouro Strategic Metals Inc. (RSGOF) is a Canadian-based mineral exploration and development company with a focus on discovering and advancing economic mineral projects in Brazil. The company is actively involved in projects like the Tiros Titanium-REE Project in Minas Gerais and the Novo Mundo Gold Project in Mato Grosso. Resouro recently granted stock options to key personnel and consultants, indicating a commitment to growth and development in the sector. The company's strategic approach to exploration and development positions it as a key player in the mineral resources industry.
Rhea-AI Summary
Resouro Strategic Metals Inc. provides an update on activities at the Tiros Rare Earths and Titanium project in Brazil. The recent assays reveal high-grade TREO, NdPr, and TiO2, indicating a globally significant REE and TiO2 project. However, the potential quantity and grade are still conceptual, and the initial resource target and historical resource estimates were not compliant with standards. The company is closing out the final stages of the acquisition of Tiros, with the approval of the issue of 4 million options to the Company's President & CEO, Chris Eager.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Resouro Strategic Metals Inc. (TSXV: RSM) (FSE: 8TX) announces the adoption of a new stock option plan, subject to shareholder and Exchange approval. The plan allows for the issuance of 20% of outstanding common shares or 14,193,752 shares. The CEO is proposed to receive 4,000,000 options to purchase common shares at $0.20 per share, pending disinterested shareholder approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Resouro Strategic Metals Inc. (TSXV: RSM) (FSE: 8TX) provides an update on the Tiros Rare Earths and Titanium Project acquisition in Brazil. The company has entered into definitive agreements, pending TSXV approval. The project includes 11 mineral concessions totaling 177 km2 and has received $340,000 CDN in advances for due diligence and technical reports. Upon approval, Resouro will undertake Phase 1 of drilling and technical studies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Resouro Strategic Metals Inc. provides an update on activities at the Tiros Rare Earths and Titanium project in Brazil. The company received a report detailing preliminary Rare Earths leaching tests, with key highlights including over 41% recovery of Neodymium, over 60% recovery of Dysprosium, and over 31% recovery of Praseodymium. The company is also accelerating its metallurgical testing program based on the positive results and recommendations from Australian Nuclear Science and Technology Organisation (ANSTO). Resouro has established a new core yard and site house at the Tiros Project and has completed drilling work. Two diamond drill rigs have been mobilized for producing composite samples. The company looks forward to updating the market as results materialize.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Resouro Strategic Metals grants 2,250,000 stock options to directors, officers, employees, and consultants
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Resouro Strategic Metals announces acceleration of earn-in arrangements for Tiros Rare Earths and Titanium Project
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
FAQ
What is the current stock price of RESOURO STRATEGIC METALS (RSGOF)?
The current stock price of RESOURO STRATEGIC METALS (RSGOF) is $0.2874 as of July 11, 2024.
What is the market cap of RESOURO STRATEGIC METALS (RSGOF)?
The market cap of RESOURO STRATEGIC METALS (RSGOF) is approximately 30.5M.
What projects is Resouro Strategic Metals currently working on?
Resouro is focused on projects like the Tiros Titanium-REE Project in Minas Gerais and the Novo Mundo Gold Project in Mato Grosso.
What recent announcement did Resouro make regarding stock options?
Resouro recently granted 2,250,000 stock options to key personnel and consultants of the company, showcasing a commitment to growth and development.
How does Resouro Strategic Metals aim to grow in the mineral exploration sector?
Resouro's strategic focus on exploration and development of economic mineral projects in Brazil positions it as a key player in the industry.
Where can I learn more about Resouro Strategic Metals?
For further information, visit Resouro's website at resouro.com or contact Chris Eager, the CEO, at chris.eager@resouro.com.
RESOURO STRATEGIC METALS