via NEWMEDIAWIRE -- Texas Mineral Resources Corp. , an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce that Lou Barletta, former four-term U.S. Congressman from Pennsylvania’s 11th district, has agreed to join TMRC’s Advisory Board. “We are honored to have Congressman Barletta join our Advisory Board,&rdquo [...]
Texas Mineral Resources Corp. is pleased to announce that it will be presenting at this year’s Fall Investor Summit on September 16-17 in New York City. Anthony Marchese, chairman, will be available for one-on-one meetings on both days. For those unable to attend, the presentation and slides will be webcast simultaneously and then archived on the TMRC website at www.tmrcorp.com. Presentation date: September 17, 2019 [...]
Texas Mineral Resources Corp. Strong potential profitability with 70% IRR, $1.56 billion NPV and a $350 million initial CapEx Rare earth revenue stream contains significant heavy rare earth component Upgraded significant long-life resource estimate includes lithium, technology metals and industrial minerals, providing balanced and diversified revenue streams TMRC and USA Rare Earth plan to shortly initiate pre-feasibility [...]
via NEWMEDIAWIRE – Texas Mineral Resources Corp. USA Rare Earth, LLC is pleased to announce that the Navajo Transitional Energy Company , a company formed under the laws of the Navajo Nation, has concluded a strategic transaction whereby NTEC has made an investment in USA Rare Earth, LLC. USA Rare Earth is developing the Round Top rare earth project together with Texas Mineral Resources Corp. . Under its agreement [...]
via NEWMEDIAWIRE – Texas Mineral Resources Corp. Navajo Transitional Energy purchases 5.1 million TMRC shares @ $0.36 per share from the Company and separately will buy an additional 5.0 million shares from a current institutional shareholder TMRC expands board from 5 to 7 members and grants Navajo Transitional Energy two board seats Texas Mineral Resources Corp. , an exploration company targeting the heavy rare [...]
via NEWMEDIAWIRE -- Texas Mineral Resources Corp. : · Updated and expanded 2013 Preliminary Economic Assessment to be released in July 2019 · Round Top project approved and advanced by the White House Council on Environmental Quality as a “High Priority Infrastructure Project” and is now awaiting final approval by the Federal Permitting Improvement Steering Council · Round Top Deposit [...]
via NEWMEDIAWIRE -- Texas Mineral Resources Corp. : · Minerals were produced during Phase One of a $1 million DoE Grant as part of a Two-Phase $23.75 million Funding Opportunity Announcement · Phase One project partners include Inventure Renewables, K-Technologies and Penn State University · Phase One results led TMRC consortium to submit a Phase Two $20 million grant application in accordance with [...]
· Partner will earn 70% interest in Round Top rare earth project once $10 million funding leads to a bankable feasibility study and can thereafter earn an additional 10% with a $3 million cash payment to TMRC · 2013 PEA estimates $1.47 billion NPV to Round Top project · Successful Defense Logistics Agency contract previously demonstrated the ability to process Round Top Rare Earth Elements to [...]
Recently enacted National Defense Authorization Act for FY 2019 prohibits the U.S. Department of Defense from acquiring rare earth magnets from China TMRC’s Round Top project potentially supplies all of the U.S. Department of Defense rare earth magnet needs Texas Mineral Resources Corp. , an exploration company targeting high value tech metals including rare earths and a variety of other high-value elements and [...]
TMRC Encourages Adoption of “Buy America” Clause in All U.S. Government Defense Contracts for Products Containing “Critical Minerals” to Spur Development of Existing Domestic Resources in the Interest of National Security SIERRA BLANCA, TX, July 16, 2018 -- Texas Mineral Resources Corp. an exploration company targeting high value tech metals including rare earths and a large volume of a variety of [...]
Round Top project contains 13 of the 35 “critical minerals” deemed “critical to U.S. national security and the economy” by the Department of the Interior The U.S. is 100% dependent on foreign sources for 7 of the 13 “critical minerals” contained in the Round Top project SIERRA BLANCA, TX, May 30, 2018 -- Texas Mineral Resources Corp. an exploration company targeting the heavy rare [...]
72 Samples from 12 drill holes recently assayed for lithium confirm prior sampling by the state of Texas. At full production, Round Top potentially produces approximately 12,300 tons annually of lithium carbonate with an estimated 105 year mine life Assays will now be submitted to a third party for inclusion in updated PEA SIERRA BLANCA, TX, May 11, 2018 -- Texas Mineral Resources Corp. an exploration company targeting [...]
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