Welcome to our dedicated page for Texas Mineral Res news (Ticker: TMRC), a resource for investors and traders seeking the latest updates and insights on Texas Mineral Res stock.
Texas Mineral Resources Corp. (TMRC) generates news primarily through updates on its rare earth and critical minerals initiatives, exploration programs, and corporate developments. The company’s disclosures emphasize its minority interest in the Round Top heavy-rare earth, technology metals, and industrial minerals project in Hudspeth County, Texas, where joint venture partner USA Rare Earth LLC serves as operating manager. News items often highlight technical progress at Round Top, such as breaker trials, ion-exchange separation tests, and process development work aimed at extracting rare earth elements and other technology metals from Round Top ore.
Another recurring theme in TMRC news is its exploration activity in New Mexico. The company has reported multi-phase electromagnetic geophysical surveys in the Black Hawk silver, nickel and cobalt mining district, centered on the historic Alhambra Mine. Press releases describe the identification of multiple shallow conductive anomalies, plans for a Minimum Impact Exploration permit, and the design of a diamond drill program to test these targets. TMRC has also issued news on the establishment of its subsidiary Standard Silver Corp. to hold New Mexico assets.
More recent announcements include TMRC’s acquisition of the historic Carlisle mine in the Steeple Rock district of New Mexico and a non-binding letter of intent with Steeple Rock Holding Company, LLC to explore a potential joint venture covering four mines and an unassembled flotation mill in New Mexico and Arizona. These releases provide historical context on past production at Carlisle and outline the contemplated structure of a possible mining and milling venture, while stressing that there is no assurance a definitive agreement will be reached.
Investors and observers following TMRC news can expect coverage of exploration milestones, project-level technical updates, joint venture and financing arrangements, and cautionary statements regarding the absence of SEC-compliant reserves or resources. This news page aggregates such announcements so readers can review the company’s publicly reported activities over time.
Texas Mineral Resources Corp. (TMRC) has been awarded approximately $1.2 million from the U.S. Department of Energy (DoE) as part of a consortium led by the Pennsylvania State University. This grant, part of the CORE-CM Initiative, aims to explore critical mineral recoveries from waste streams in the Northern Appalachian Basin. This marks TMRC’s fifth U.S. Government award related to rare earth and critical minerals, following prior successful grants from the DoE and DLA. The company is focused on developing domestic sources of strategic minerals.
Texas Mineral Resources Corp. (TMRC) has been awarded approximately $1.1 million from the Department of Energy (DOE) for a project aimed at producing rare earth elements (REEs) from Pennsylvania coal waste. This marks TMRC's fourth U.S. government award, following successful completion of prior contract objectives. The project will partner with Penn State and other entities, targeting production of 1-3 metric tons of mixed rare earth oxides per day. The initiative aims to establish a U.S.-based REE supply chain, potentially creating significant economic benefits for the region.
Texas Mineral Resources Corp. (TMRC) announced preliminary geophysical analysis results for silver ore from the historic Alhambra Mine in New Mexico. The analysis indicates that modern geophysical tools, particularly electrical methods, may help locate high-grade silver ore-shoots which were previously difficult to find. A multi-phase exploration program will commence in late March 2021, aiming to reduce discovery risk. The use of silver in photovoltaic cells highlights its growing industrial demand, especially as solar energy production is expected to double by 2025.