Welcome to our dedicated page for Tactical news (Ticker: USREF), a resource for investors and traders seeking the latest updates and insights on Tactical stock.
Tactical Resources Corp. reports company developments as a mineral exploration and development business focused on domestic rare earth elements. News about USREF centers on the Peak Rare Earth Project in Hudspeth County, Texas, access to processed tailings and crushed aggregate feedstock associated with the Sierra Blanca Quarry, and metallurgical processing work tied to rare earth development.
Recurring updates also cover private placements and other capital-structure actions, working-capital financing, material agreements, shareholder voting matters, governance matters, and operating and financial results. Corporate updates may include registration-statement and transaction-related disclosures, but the company's durable news profile remains anchored in rare earth project development and related financing activity.
Tactical Resources Corp (CSE: RARE) (OTC: USREF) reported significant developments in its Peak Project in Texas and Lac Ducharme property in Quebec. The company raised $1.38M from warrant exercises to fund additional fieldwork and metallurgical testing. Ongoing metallurgical tests at the Peak Project aim to evaluate extraction potential, with results expected in Q3-2022. An amended agreement with Sierra Blanca Quarry enhances investment prospects. The Lac Ducharme Project underwent a geophysical survey, with further insights into mineralogy and chemistry expected from ongoing research.
Tactical Resources Corp (OTC: USREF) has announced the appointment of Thristian Michel as Project Manager for Texas Operations, focusing on the Peak Project in Hudspeth County, Texas. Michel, with extensive project management experience, will oversee the construction lifecycle and regulatory compliance for the project, which aims to fast-track rare earth element (REE) production. CEO Ranjeet Sundher expressed optimism about moving the project forward, noting the existing quarry operations as a strategic advantage in REE development.
Tactical Resources Corp (CSE: RARE, OTC: USREF) is expanding its team with the appointment of Norman Chow, P. ENG, as Qualified Person for the Peak Project. This project aims to transform existing tailings into a rare earth elements producer, addressing the growing domestic demand for REEs. Chow's extensive experience in extractive metallurgy will support the preparation of an NI 43-101 technical report, crucial for the project's advancement. Tactical Resources is committed to enhancing North American REE production.
Tactical Resources Corp (CSE: RARE) (OTC: USREF) has appointed Marcus Tomlinson, PhD, from Turnstone Metallurgical Services, to lead the development of rare earth element (REE) extraction technologies. Tomlinson brings over 30 years of experience in metallurgy and has worked on significant REE projects, including the Round-Top Project. Tactical Resources aims to establish itself as a premier REE developer in North America, focusing on domestic supply chain needs. CEO Ranjeet Sundher highlighted Tomlinson's expertise as critical for achieving the company's strategic goals.
Tactical Resources Corp (OTC: USREF) has engaged Kemetco Research to support its Texas-based Peak Project, focusing on rare earth element (REE) development. This partnership aims to advance the project by assessing extraction methods and verifying lab results from field samples. CEO Ranjeet Sundher emphasized the importance of supporting domestic REE production amid global economic challenges and highlighted the U.S. government's initiatives for a secure supply chain. The Peak Project, located in Hudspeth County, Texas, will utilize tailings from the Sierra Blanca Quarry.
Tactical Resources Corp (CSE: RARE, OTC: USREF) is advancing its Peak Project in Texas by commissioning an independent NI 43-101 report. Engaged with Apex Geoscience Ltd., the report will include geological assessments and analysis from recent field work. CEO Ranjeet Sundher emphasized the urgency for domestic supply of rare earth elements (REEs), highlighting concerns over potential export limitations from China. The Peak Project aims to establish a domestic supply chain for REEs, capitalizing on the growing demand for these critical minerals.