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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. has filed a Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia, showcasing a post-tax NPV of US$524.9 million and an IRR of 78.7%. The report indicates an initial capital cost of US$79.9 million with a payback period of 12 months from commercial production. Over its 16-year lifespan, the project could generate $2.02 billion in revenue, yielding net cash flow of $1.21 billion. The average annual EBITDA is projected at $91.3 million.
Temas Resources Corp. (CSE: TMAS) announced successful pilot plant results for recovering high purity titanium dioxide (TiO2) from ilmenite-rich anorthosite ore at its La Blache property in Quebec. A total of 88 kg of TiO2 was produced with an average purity of 99.8%. The recovery process achieved an overall Ti recovery rate of 80.6%. The pilot results will support a Preliminary Economic Assessment (PEA) for the project, indicating promising commercial potential for TiO2 applications, including pigments and consumer products.
Temas Resources Corp. (CSE: TMAS) and Erin Ventures Inc. announce a positive Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia. Key figures include a post-tax NPV of US$524.9 million, an IRR of 78.7%, and a 12-month capex payback. The project is expected to generate a total gross revenue of US$2.02 billion and a net cash flow of US$1.21 billion over its 16-year life. Enhanced by strong local infrastructure and low operating costs, the PEA supports the project's potential contribution to global decarbonization efforts.
Temas Resources Corp. (CSE: TMAS) and Erin Ventures Inc. announce a positive Preliminary Economic Assessment (PEA) for the Piskanja boron project in Serbia. The PEA reveals a post-tax Net Present Value (NPV10%) of US$524.9 million and an Internal Rate of Return (IRR) of 78.7%. The project boasts an initial capital cost of US$79.9 million with a 12-month payback period. Gross revenue is estimated at US$2.02 billion, leading to a net cash flow of US$1.21 billion and a profitability index of 6.57X. The PEA supports the project's potential to meet growing boron demand amid the global shift towards net zero emissions.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) announces significant progress in pilot plant testing of its patented ORF Technology for Titanium Dioxide (TiO2). Recovery rates from the pilot tests for Titanium, Iron, and Vanadium reached averages of 73%, 92%, and 99%, respectively. The company reports strong interest from mining and chemical manufacturers for technology licensing, specifically in processing ilmenite and nickel ores. This innovative process aims to improve environmental impact while enhancing profit margins for industry stakeholders.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) announced the appointment of David Kwok as the new Chief Financial Officer, replacing David Robinson, who joins the Board of Directors. Kwok, a CPA with over 18 years in public company management, has experience in the resource sector. The company also granted Kwok 150,000 stock options at $0.12 per share, vested immediately with a three-year term. This leadership change is aimed at enhancing financial oversight, aligning with Temas' focus on growing its iron, titanium, and vanadium projects in Quebec.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) has announced a patented hydrometallurgical process for producing titanium dioxide (TiO2) from mineral sources, developed with ORF Technologies Inc. and Process Research ORTECH Inc. This process is environmentally sustainable, utilizing lower energy and recyclable reagents, and produces no toxic waste. It allows for the use of cheaper ilmenite ores, reducing capital and operating costs compared to traditional methods. Temas aims to commercialize this technology while seeking partnerships in mining and chemical industries.
Temas Resources Corp. has completed the acquisition of the Lac Brule property in Quebec, comprising 36 mineral claims at a cost under $50,000. This acquisition is strategically significant as it supports the company’s 50%-owned ORF Processing Technology, which is expected to process the high-grade materials found in the claims. The pilot plant for this technology is set to begin operations shortly. Historic drilling results have shown high-grade mineralization, with significant TiO2 and V2O5 content, indicating potential for high revenue generation.
Temas Resources Corp. (CSE:TMAS, OTCQB:TMASF) has entered a six-month marketing and consulting agreement with North Equities Corp. to enhance investor engagement and social media presence. In exchange for $105,000 for prior services, Temas will issue 308,823 common shares at $0.34 each, with a four-month hold period. The company is focused on advancing its mineral independence through environmentally friendly processing technologies, particularly in Fe-Ti-V projects in Quebec and upcoming Boron projects in Serbia.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF) has engaged Process Research Ortech Inc. to conduct pilot plant testing for Titanium Dioxide (TiO2), Vanadium Pentoxide (V2O5), and Magnetite (Fe2O3) production using the environmentally friendly ORF Process. The pilot plant will operate continuously for 90 days, aiming to maximize reagent recycling. The process promises high purity extraction rates, previously achieving over 99.8% pure TiO2. Temas Resources is committed to green technology, minimizing environmental impacts in mineral extraction.