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Resouro Strategic Metals Inc. (RSGOF) Supplementary Information on Tiros Project PEA

Resouro Strategic’s Tiros PEA confirms robust starter economics, though a tight cash runway demands a near-term capital strategy.

By The Northwire Desk — AI Analysis Jun 16, 2026 · 23:47 RSM · 0.32 Resouro Strategic Metals Inc.

Executive Summary

Resouro Strategic Metals released supplementary technical and financial details for its Tiros Titanium and Rare Earth Project Preliminary Economic Assessment (PEA).
The supplementary data confirms the base case announced on June 14, 2026: a 500,000 tpa run-of-mine (ROM) starter operation over a ~20-year mine life.
Key financial parameters remain unchanged: initial capital cost of US$191.2 million and steady-state annual operating costs of US$109.5 million.
Metallurgical recovery assumptions are locked at 68.7% for TiO2 and 67.0% for rare earth elements (REEs), based on bench-scale testwork.
Mining methodology is conventional open-pit strip mining using truck-and-excavator, with conservative PEA-stage assumptions for recovery, dilution, and pit design.
The release explicitly states it does not replace or amend the original PEA and remains at a preliminary/scoping study level under JORC Code (2012).

Material Impact

The supplementary information is a direct follow-up to the June 14 PEA announcement. It provides granular operational breakdowns but does not alter the core economic metrics (US$714.9M post-tax NPV, 44.2% post-tax IRR) previously disclosed.
The confirmation of conservative mining assumptions and bench-scale metallurgical recovery rates aligns with market expectations for a PEA-stage study.
No new capital requirements, jurisdictional changes, or strategic partnerships are introduced. The news is incremental and expected, serving to validate the initial PEA rather than redefine it.
Impact on stock price is likely neutral to mildly positive, as it reinforces project viability without introducing new catalysts or risks.

RSM · Price

Company Overview

Resouro Strategic Metals Inc. is a mining development company focused on critical metals, primarily titanium and rare earth elements.
Flagship asset: Tiros Titanium and Rare Earths Project located in Minas Gerais, Brazil.
Resource base: 1.4 billion tonnes Measured and Indicated at 12% TiO2 and 4,000 ppm TREO. A high-grade domain of 104 Mt at 23% TiO2 and 9,100 ppm TREO forms the basis for the starter operation.
Development stage: PEA completed; targeting a phased approach starting with a 500,000 tpa operation. Next steps include infill drilling, metallurgical testing, and progression to a PFS.
Secondary asset: Novo Mundo Gold Project (100% owned, ~16,700 hectares in Mato Grosso, Brazil), currently under a mining and processing agreement with Future Mining/BGM.

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