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TACTICAL RES CORP - USREF STOCK NEWS

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Tactical Resources Corp. (USREF) is a mineral exploration and development company headquartered in Vancouver, British Columbia. Specializing in rare earth elements, the company holds interests in the Lac Ducharme property in Quebec and the Peak Project in Texas. With a focus on innovative metallurgical processing techniques, Tactical Resources aims to maximize the potential of REE development.

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Tactical Resources Corp. (CSE: RARE, OTC: USREF) released a year-end review highlighting significant progress in 2022. The company transitioned its Texas-based Peak Project into its flagship asset, achieving impressive metallurgical extraction rates of 88% to 96%. Key highlights include successful public listings, identification of lithium by-product opportunities, and strategic planning initiatives aimed at accelerating project development. Tactical Resources aims to meet domestic supply needs for rare earth elements while enhancing its operational capabilities.

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Tactical Resources Corp. (OTC: USREF) announced promising results from metallurgical tests at its Peak Project, showing total rare earth element (TREE) plus Yttrium extraction rates between 88% and 96%. The tests indicate the potential for direct leach extraction processing and identify a potential lithium by-product. CEO Ranjeet Sundher expressed optimism about advancing the project for bulk sample collection. The metallurgical tests were conducted by Kemetco Research, and initial findings suggest favorable grades and mineralogy in the samples analyzed.

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Tactical Resources Corp. (CSE: RARE) (OTC: USREF) announces the appointment of Mark Mukhija as a board member, effective immediately. With over 15 years in mining, Mukhija's experience includes roles at companies like Teck Resources and Barrick. He previously served as General Manager for Motion Metrics. Tactical Resources is refocusing on rare earth elements (REEs) and has terminated its option to acquire the SAM gold property. The company has filed an updated technical report for the Lac Ducharme REE Project, effective September 29, 2022, highlighting its commitment to domestic supply chains.

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Tactical Resources Corp. (CSE: RARE, OTC: USREF) announced the completion of a geophysics work program at its Lac Ducharme Project in Quebec. This program included magnetic and radiometric surveys aimed at enhancing the understanding of the project's structural geology and rare earth element (REE) occurrences. The magnetic survey covered 50.2 line-kilometers, while the radiometric survey took 894 measurements. CEO Ranjeet Sundher emphasized the alignment with North America's critical minerals strategy and the growing interest in the REE sector, positioning Tactical Resources for future growth.

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Tactical Resources Corp. (CSE: RARE, OTC: USREF) announced the filing of a NI 43-101 technical report for its Peak Project in Hudspeth County, Texas. The report, effective September 15, 2022, is the first of its kind for this project, prepared by APEX Geoscience Ltd. and Kemetco Research Inc. CEO Ranjeet Sundher highlighted the report as a significant milestone, stating it will lay the groundwork for upcoming work programs. The report is accessible on SEDAR and the company's website.

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Tactical Resources Corp (CSE: RARE, OTC: USREF) has initiated activities for a preliminary economic assessment (PEA) at its Peak Project in Hudspeth County, Texas. The company has engaged Forte Dynamics Inc. to assist in this process, which will include a full assessment of existing data, a gap analysis, and recommendations for advancing the project. CEO Ranjeet Sundher highlighted the strategic importance of the project, especially its proximity to the Round Top REE project. Additionally, Tactical Resources extended its agreement with Promethean Marketing for investor awareness services, with a budget of $250,000 for one month.

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Tactical Resources Corp (CSE: RARE) (OTC: USREF) announced key developments from its September 7, 2022 Annual General and Special Meeting. Shareholders approved updated Articles under the Business Corporations Act for advance notice in director elections, enhancing meeting efficiency and shareholder information. Additionally, a 20% rolling Omnibus Plan was approved, allowing the Company to grant stock options and restricted share units to directors, officers, and consultants. Full details are accessible via SEDAR.

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Tactical Resources Corp (CSE: RARE) (OTC: USREF) reported significant developments in its Peak Project in Texas and Lac Ducharme property in Quebec. The company raised $1.38M from warrant exercises to fund additional fieldwork and metallurgical testing. Ongoing metallurgical tests at the Peak Project aim to evaluate extraction potential, with results expected in Q3-2022. An amended agreement with Sierra Blanca Quarry enhances investment prospects. The Lac Ducharme Project underwent a geophysical survey, with further insights into mineralogy and chemistry expected from ongoing research.

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Tactical Resources Corp (OTC: USREF) has announced the appointment of Thristian Michel as Project Manager for Texas Operations, focusing on the Peak Project in Hudspeth County, Texas. Michel, with extensive project management experience, will oversee the construction lifecycle and regulatory compliance for the project, which aims to fast-track rare earth element (REE) production. CEO Ranjeet Sundher expressed optimism about moving the project forward, noting the existing quarry operations as a strategic advantage in REE development.

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Tactical Resources Corp (CSE: RARE, OTC: USREF) is expanding its team with the appointment of Norman Chow, P. ENG, as Qualified Person for the Peak Project. This project aims to transform existing tailings into a rare earth elements producer, addressing the growing domestic demand for REEs. Chow's extensive experience in extractive metallurgy will support the preparation of an NI 43-101 technical report, crucial for the project's advancement. Tactical Resources is committed to enhancing North American REE production.

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FAQ

What is the current stock price of TACTICAL RES (USREF)?

The current stock price of TACTICAL RES (USREF) is $0.19955 as of January 29, 2025.

What is the market cap of TACTICAL RES (USREF)?

The market cap of TACTICAL RES (USREF) is approximately 7.5M.

Where is Tactical Resources Corp. based?

Tactical Resources Corp. is headquartered in Vancouver, British Columbia.

What are the core focus areas of Tactical Resources Corp.?

Tactical Resources Corp. specializes in mineral exploration and development, with a primary focus on rare earth elements.

Which properties does Tactical Resources Corp. hold interests in?

Tactical Resources Corp. holds interests in the Lac Ducharme property in Quebec and the Peak Project in Texas.

What sets Tactical Resources Corp. apart from other companies in the industry?

Tactical Resources Corp. stands out for its emphasis on developing innovative metallurgical processing techniques to enhance REE development.

Who is the CEO of Tactical Resources Corp.?

Ranjeet Sundher serves as the Chief Executive Officer of Tactical Resources Corp.

How can I get in touch with Tactical Resources Corp. for investor relations?

For investor relations, you can email investors@tacticalresources.com or call +1 (778) 588-5483.

Who oversees the metallurgical information disclosed by Tactical Resources Corp.?

Norman Chow, P.Eng, of Kemetco Research reviews and approves the metallurgical information disclosed by the company.

What are the primary projects of Tactical Resources Corp.?

Tactical Resources Corp.'s primary projects include the Lac Ducharme property in Quebec and the Peak Project in Texas.

What is the main goal of Tactical Resources Corp.?

Tactical Resources Corp. aims to unlock the full potential of REE development through its innovative metallurgical processing techniques.

How can I stay updated with the latest news from Tactical Resources Corp.?

You can visit www.tacticalresources.com and follow the company on Twitter to stay informed about the latest developments.
TACTICAL RES CORP

OTC:USREF

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7.49M
34.83M
2.37%
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