Temas Resources Stock Price, News & Analysis

Temas Resources (OTCQB:TMASF) advised on December 10, 2025 that De Visser Gray LLP resigned as auditor and HLB Mann Judd was appointed effective the same day.

The Board said the change followed a review of audit and reporting needs tied to the company’s ASX listing and planned future reporting obligations, and that HLB Mann Judd was chosen for its experience with dual-listed entities and Australian reporting to support compliance and growth.

Contact details for President & CEO Tim Fernback and Investor & Media Relations Jane Morgan are provided, and the company website is listed.

Temas Resources (OTCQB:TMASF) completed a 2,302 m HQ diamond drill program at the La Blache Vanadium‑Titanomagnetite project in Quebec on November 27, 2025. Drill core and historic core (181 holes, 36,614 m) will be submitted to ALS Geochemistry with assays expected to begin flowing in January 2026. The program targets expansion and upgrade of existing inferred resources (reported figures include 108.8m and 208.5m tonnes at multi‑element grades) and aims to support a maiden JORC MRE in CY2026.

Core will also support development of Temas' patented Regenerative Chloride Leach (RCL) technology; initial RCL test results are expected in early CY2026, while RCL cost‑reduction estimates remain based on internal pilot studies.

Temas Resources (OTCQB:TMASF) reported progress on a 2,500m diamond drill program at the La Blache TiO2 project in Quebec, with approximately 1,000m completed as of November 13, 2025. The campaign targets expansion and upgrade of the inferred Farrell-Taylor deposit and will supply metallurgical core for development of Temas' patented Regenerative Chloride Leach (RCL) processing technology, which the company estimates can reduce costs by up to 65% and improve recovery of titanium, vanadium, rare earths and other critical metals.

Early core observations note gallium and scandium signatures. The program is fully funded, permitted, and will continue into early 2026 with a maiden JORC-compliant MRE planned in 2026.

Temas Resources (OTCQB:TMASF) has begun an accelerated ~2,500 metre HQ diamond drilling program at the La Blache TiO2 project near Baie-Comeau, Quebec, starting end of October 2025 and continuing into November 2025.

The campaign will test a 2.5 km mineralized trend from Hervieux West to Farrell-Taylor at 50 m x 50 m spacing, begin with two rigs and scale to four rigs by mid-November, with a second phase expected complete by April 2026.

HQ core will support metallurgical work to advance Temas' Regenerative Chloride Leach (RCL) processing technology; the program is reported as fully funded and managed by Magnor Exploration.

Temas Resources (OTCQB:TMASF) has exercised an option to acquire the remaining 50% of ORF Technologies, making ORF a 100% wholly owned subsidiary and giving Temas full control of 11 patented process technologies branded RCL (Regenerative Chloride Leach). The RCL platform targets hydrometallurgical processing of complex ores, aiming to boost recoveries for critical, battery and precious metals while lowering costs. The release cites a validated >65% cost reduction for TiO2 processing, a reported 99.8% TiO2 pilot product, and claims of ~69% lower operating costs via closed‑loop reagent recycling. Multiple third parties in Indonesia, Australia, the United States and Canada are evaluating licensing opportunities.

Temas Resources (ASX:TIO; OTCQB:TMASF) commenced trading on the ASX on 26 October 2025 after raising AU$11.0M at AU$0.20/sh, led by Terra Capital. The company holds 11 patented RCL Regenerative Chloride Leach processes that pilot-tested 99.8% TiO2 and claim up to 65% lower processing costs. Temas owns Québec titanium-vanadium projects La Blache (inferred 208.5 Mt @ 16.5% TiO2 Eq.) and Lac Brûlé (historic hemo-ilmenite up to 34% TiO2) and plans a 2,000–3,000m HQ drill program, metallurgical scale-up, and global licensing discussions in Australia, Indonesia and North America.

Temas Resources Corp. (OTCQB:TMASF) has filed a prospectus for listing on the Australian Securities Exchange (ASX). The company plans to offer 55 million common shares as CHESS Depository Interests (CDIs) at A$0.20 per CDI, aiming to raise A$11 million.

The offering is scheduled to open around September 5, 2025, close on September 19, 2025, with ASX trading expected to commence around September 30, 2025. The proceeds will fund the company's RCL metallurgical technology advancement, patent filings, acquisition of remaining ORF Technologies shares, mineral exploration at Lac Brûlé and La Blache Ti02 Projects, and working capital.

PAC Partners Securities and Sandton Capital Advisory have been appointed as joint lead managers. The offer is exclusively available to invited investors with registered addresses in Australia.

Temas Resources Corp. (OTCQB:TMASF) has announced the retraction of its previous Preliminary Economic Assessment (PEA) disclosures regarding the La Blache Titanium-Vanadium-Iron Project. The company is retracting announcements from February 7, 2024, and March 28, 2024, which included production targets and financial forecasts that lacked reasonable bases for forward-looking statements.

The company is preparing for an ASX listing and concurrent prospectus financing of up to AUD$15 million, co-led by PAC Partners Securities Pty Ltd. and Sandton Capital Advisory Pty Ltd. These funds will be used to advance the La Blache Titanium Dioxide Exploration Project and develop the company's mineral processing technologies.

Temas Resources Corp. (OTCQB:TMASF) has appointed Kobi Ben-Shabat as Director to provide independent oversight and strategic guidance, particularly for the company's upcoming IPO and A$15 million financing on the ASX. Ben-Shabat brings over 20 years of international experience in technology and resource companies, having served on boards of several ASX-listed firms.

Temas Resources owns advanced green mineral processing technologies and two mineral properties in Quebec, including the La Blache VTM/ilmenite project with 208.5Mt inferred @ 16.7% TiO2 Eq. The project's PEA shows impressive metrics with a C$6.6 billion NPV8 post-tax and 60.8% IRR over a 14-year mine life. The company is also exploring the Lac Brule hemoilmenite-hosted titanium deposit, similar to Rio Tinto's TiO2 deposit.