Welcome to our dedicated page for Temas Resources news (Ticker: TMASF), a resource for investors and traders seeking the latest updates and insights on Temas Resources stock.
Temas Resources Corp. (TMASF) delivers critical mineral exploration updates from Quebec’s iron-titanium-vanadium sector. This page consolidates official news on project advancements, strategic acquisitions, and green recovery innovations for stakeholders seeking reliable information.
Investors and analysts will find timely updates on the La Blache and Lac Brule projects, including technical assessments and environmental initiatives. Content spans earnings reports, resource consolidation developments, and applications of the company’s patented leaching technologies designed to minimize ecological impact.
Regularly updated, this resource serves as a centralized hub for understanding TMASF’s operational progress and market positioning. Key categories include project expansions, sustainability milestones, and compliance with industry standards like NI 43-101.
Bookmark this page to stay informed on Temas Resources’ strategic moves in sustainable mineral exploration. Check back frequently for authoritative updates directly impacting the critical metals sector.
Temas Resources Corp. (CSE: TMAS) announces the immediate resignation of board member Robert ‘Bob’ Schafer. This resignation comes with a settlement agreement to resolve outstanding fees totaling $25,000, which will be compensated in the form of 500,000 shares issued at $0.05 each. The issued shares are subject to a statutory four-month hold. The company focuses on critical metals necessary for mineral independence, particularly in its La Blache and Lac Brule projects in Quebec, and is advancing green mineral recovery technologies.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) announced a change in its management, eliminating the Executive Chairman role previously held by Robert ‘Bob’ Schaefer, effective January 10, 2023. Schaefer, who has been with the company since November 2021, will remain a director. The company is focused on advanced mining projects in Quebec, specifically iron, titanium, and vanadium resources, and is committed to reducing the environmental impact of mining through innovative green recovery technologies.
Temas Resources Corp. (CSE: TMAS; OTCQB: TMASF) has announced the termination of its Option Agreement with Erin Ventures for the Piskanja Borate project, effective January 22, 2023. Additionally, President and CEO Michael Dehn has resigned, with Samuel “Kyler” Hardy appointed as his replacement. Hardy aims to advance the company's Iron-Titanium-Vanadium projects in Quebec. Temas focuses on sustainable mineral processing technologies to reduce environmental impacts.
Temas Resources Corp. (CSE: TMAS) has successfully closed a non-brokered private placement, issuing 1,875,000 flow-through units at $0.08 per unit, totaling $150,000 in gross proceeds. Each unit includes one common share and a half warrant, allowing purchase of additional shares at $0.10 for three years. Proceeds will fund exploration in Quebec's iron-titanium-vanadium projects. The Company also compensated the finder with cash and warrants. All securities issued are subject to a four-month hold period.
Temas Resources Corp. (CSE: TMAS) has initiated a helicopter-supported diamond drilling program at its La Blache Ti-V-Fe project in Quebec. This program aims to confirm historical drill results and enhance confidence in mineral estimates, targeting approximately 4000m across 15 holes. The company has previously completed a metallurgical study indicating a high recovery rate of iron and vanadium. The La Blache project spans 9466.97 hectares and contains four titaniferous magnetite lenses. The results from this infill drilling will support a Preliminary Economic Assessment expected in the first half of 2023.
Temas Resources Corp. (CSE: TMAS) has successfully closed a non-brokered private placement issuing 7,625,000 flow-through units at $0.08 per unit, raising gross proceeds of $610,000. Each unit includes a common share and a half warrant, exercisable at $0.10 for three years. Proceeds will be allocated to exploration activities for the company's Quebec projects. Additionally, a private placement of 1,000,000 shares at $0.057 was conducted under a $5 million equity investment facility with Crescita Capital. All securities are subject to a four-month hold period.
Temas Resources Corp. has filed a Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia, showcasing a post-tax NPV of US$524.9 million and an IRR of 78.7%. The report indicates an initial capital cost of US$79.9 million with a payback period of 12 months from commercial production. Over its 16-year lifespan, the project could generate $2.02 billion in revenue, yielding net cash flow of $1.21 billion. The average annual EBITDA is projected at $91.3 million.
Temas Resources Corp. (CSE: TMAS) announced successful pilot plant results for recovering high purity titanium dioxide (TiO2) from ilmenite-rich anorthosite ore at its La Blache property in Quebec. A total of 88 kg of TiO2 was produced with an average purity of 99.8%. The recovery process achieved an overall Ti recovery rate of 80.6%. The pilot results will support a Preliminary Economic Assessment (PEA) for the project, indicating promising commercial potential for TiO2 applications, including pigments and consumer products.
Temas Resources Corp. (CSE: TMAS) and Erin Ventures Inc. announce a positive Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia. Key figures include a post-tax NPV of US$524.9 million, an IRR of 78.7%, and a 12-month capex payback. The project is expected to generate a total gross revenue of US$2.02 billion and a net cash flow of US$1.21 billion over its 16-year life. Enhanced by strong local infrastructure and low operating costs, the PEA supports the project's potential contribution to global decarbonization efforts.
Temas Resources Corp. (CSE: TMAS) and Erin Ventures Inc. announce a positive Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia. The PEA reveals a post-tax Net Present Value (NPV10%) of US$524.9 million and an Internal Rate of Return (IRR) of 78.7%. The project boasts an initial capital cost of US$79.9 million with a 12-month payback period. Gross revenue is estimated at US$2.02 billion, leading to a net cash flow of US$1.21 billion and a profitability index of 6.57X. The PEA supports the project's potential to meet growing boron demand amid the global shift towards net zero emissions.
