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Temas Resources Corp. reports developments in critical-minerals resource ownership and proprietary metallurgical processing. The company owns the La Blache and Lac Brûlé titanium-vanadium-iron projects in Québec and advances its patented Regenerative Chloride Leach (RCL) technology platform for extracting metals from complex mineralization, concentrates, slags and tailings.
Recurring news includes drilling and re-assay work at La Blache’s Farrell-Taylor Fe-Ti-V oxide system, accessory metal results for gallium, scandium and chromium, RCL pilot testing and laboratory deployment, third-party metallurgical service contracts, technology commercialization activity, scientific advisory appointments and flow-through financing for Canadian exploration expenditures.
Temas Resources Corp. completed the second and final tranche of an oversubscribed private placement, raising $531,000 by issuing 2,655,000 units at $0.20 per unit. The funds will be used for exploration programs and general corporate purposes. The company also paid finders a cash fee and issued finders' warrants as compensation. Directors also participated in the financing, oversubscribing the original offering.
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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.