TEXAS MINERAL RESOURCES - TMRC STOCK NEWS

Texas Mineral Resources Corp. (TMRC) announced positive results from its geophysical survey of high-grade silver veins in the Black Hawk District, New Mexico. The advanced electro-magnetic survey results exceed expectations, identifying three shallow targets within 75 feet of the surface. TMRC is employing a specialized TDEM technique for efficient exploration, minimizing costs and site preparation. The establishment of a new subsidiary, Standard Silver Corp, aims to hold assets outside the Round Top project, enhancing operational efficiency. TMRC continues to develop the Round Top project alongside its joint venture partner.

Texas Mineral Resources Corp. (TMRC) has announced that its joint venture partner, USA Rare Earth Inc., is developing the first fully integrated U.S.-based rare earth metal and sintered neo-magnet manufacturing facility in Stillwater, Oklahoma. This project, with an investment exceeding $100 million, aims to convert rare earth oxides into various specialty products, supporting sectors such as electric vehicles and military equipment. Initial production is slated to start in 2023, potentially creating over 100 jobs with more than $6.6 million in wages once fully operational.

Texas Mineral Resources Corp. (TMRC) has appointed Vern Lund to its Board of Directors, replacing Clark Mosely, who recently retired as CEO of Navajo Transitional Energy Corp. (NTEC). Lund, currently NTEC's CEO, brings over 25 years of mining experience and expertise in business development, including successful project diversification. His leadership is expected to aid TMRC in expanding its portfolio, particularly in domestic mining projects alongside its existing 20% stake in the Round Top heavy-rare earth project. Lund holds a Civil Engineering degree and an MBA, adding valuable credentials to the board.

Texas Mineral Resources Corp. (TMRC) is set to present at the Sequire Metals & Mining Conference on January 27, 2022, from 2:30 to 2:55 PM EST. The company specializes in exploring heavy rare earths and technology metals through its joint-venture Round Top Mountain project in Texas. Anthony Marchese, the chairman, will lead the presentation. Participants can register for the event and request one-on-one meetings with TMRC. The conference aims to discuss mining industry growth amid increasing demand for electric vehicles.

Texas Mineral Resources Corp. (TMRC) announced a definitive agreement to establish a joint venture with Santa Fe Gold Corp. to explore a target silver property in New Mexico's Black Hawk Mining District. The project, targeting ultra-high-grade silver veins, will undergo a bankable feasibility study funded by Greentech Minerals Holdings Inc., estimated to cost $6.5 million. TMRC will initially hold a 50.5% stake in the joint venture. The exploration will assess recovery potential for critical minerals alongside silver, supporting strategic domestic mining initiatives.

Texas Mineral Resources Corp. (OTCQB: TMRC) will present at the Rocky Mountain Microcap Conference VIII on November 3, 2020, from 10:00 to 10:25 AM MST. Chairman Anthony Marchese will lead the presentation, which will be available via webcast for those unable to attend. The event takes place at TOPGOLF in Centennial, Colorado. The company focuses on developing its Round Top heavy-rare earth project in Texas and alternative strategic mineral sources. Further details and registration can be found on the conference website.

Texas Mineral Resources Corp. (TMRC) will present at the Rocky Mountain Microcap Conference VIII on November 3, 2021, from 10:00 to 10:25 AM Mountain Standard Time. Anthony Marchese, the chairman of TMRC, will lead the presentation. Those unable to attend can access the presentation and slides via a webcast, which will be archived on the company’s website. The conference is set to occur at TOPGOLF in Centennial, Colorado. For more details and registration, visit the conference's official page.

Texas Mineral Resources Corp. (TMRC) has solidified its partnership with USA Rare Earth, which has fully funded a $10 million commitment to earn a 70% interest in the Round Top Heavy Rare Earth Project. TMRC retains a 20% ownership in the newly created Round Top Mountain Development LLC, which will be responsible for the venture. The project boasts a projected NPV of $1.56 billion, a 70% IRR, and a 20-year mine life. USA Rare Earth is also advancing towards a Definitive Feasibility Study, with additional funding and partnerships in place to support future operations.

Texas Mineral Resources Corp. (TMRC) has been awarded approximately $1.2 million from the U.S. Department of Energy (DoE) as part of a consortium led by the Pennsylvania State University. This grant, part of the CORE-CM Initiative, aims to explore critical mineral recoveries from waste streams in the Northern Appalachian Basin. This marks TMRC’s fifth U.S. Government award related to rare earth and critical minerals, following prior successful grants from the DoE and DLA. The company is focused on developing domestic sources of strategic minerals.