Drill Results
Re-Assays of 2022 Drill Results Confirm Material Improvements of Vanadium, Gallium, Scandium and Chromium at La Blache
Re-Assay Results Confirm Grade Uplift at La Blache
Executive Summary
- Temas Resources Corp. completed a re-assay of 648 original 2022 drill pulps from the La Blache Project using a fused-bead assay protocol.
- The 2026 re-assays confirm material increases in accessory critical metal grades compared to original 2022 assays: approximately 24% higher V2O5, 48% higher Cr, 12% higher Ga, and 10% higher Sc.
- Major oxide grades (Fe2O3 + TiO2) remained broadly consistent between campaigns.
- Updated geochemical dataset will guide future Regenerative Chloride Leach (RCL) testwork on vanadium, gallium, and scandium.
- Significant drill intercepts from 2022 show high-grade Fe-Ti-V oxide intervals with elevated critical metal values (e.g., LB-22-06: 66.2m @ 84.8% Fe2O3 + TiO2, 0.50% V2O5).
- The Company engaged GRA Enterprises LLC for IR and strategic communications at a cost of US$50,000 retainer plus extension option.
Material Impact
- Confirmation of Prior Expectations: This news validates the February 20, 2026 announcement regarding the re-assay program which projected "10–60% higher metal content versus legacy acid digestions." The actual results (e.g., 48% Cr increase) fall within this expected range but confirm the thesis without introducing new surprises.
- Economic Validation: The grade uplift reinforces the company's claim of avoiding ~US$40 million in future drilling costs by utilizing historic core, as previously stated in February news. Higher grades improve the economics of the RCL processing technology and potential resource estimates.
- Timing Consideration: While positive, results arrived in May 2026 against an expected March–April window noted in the February announcement. This slight delay does not negate the data quality but warrants monitoring for future reporting discipline.
- Investment Context: No new strategic investors or major financing rounds are announced in this release; the Maple Leaf Critical Minerals investment occurred in April 2026. The news is incremental to the existing development plan rather than a fundamental shift in strategy.
TMAS · Price
Company Overview
- Company: Temas Resources Corp. (CSE: TMAS / ASX: TIO).
- Flagship Project: La Blache Vanadium-Titanomagnetite Critical Mineral Project in Quebec, Canada.
- Project Status: Inferred resource of 108.8 Mt @ 17.83% TiO2, 0.32% V2O5 (Farrell-Taylor); Measured & Indicated resources at Hervieux West and East.
- Technology: Regenerative Chloride Leach (RCL) platform; 11 granted patents acquired via 100% ownership of ORF Technologies Inc. (Oct 2025). Claims >65% cost reduction vs conventional processing.
- Operations: New RCL Metallurgical Laboratory commissioned in Ontario (March 2026); pilot testing on La Blache material produced 99.8% pure TiO2.
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Jun 29, 2026 · 07:00