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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.
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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.
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.