Temas begins drilling at La Blache

Executive Summary

• Temas Resources Corp. has commenced an accelerated 2,500-metre drilling program at its La Blache property in Quebec, Canada, starting in late October 2025.
• The program aims to confirm the final geological model, build on the initial resource estimate from the August 29, 2025 prospectus, and define the mineralized trend between the Farrell-Taylor and Hervieux East deposits.
• The campaign is fully financed by recent financings, managed by Magnor Exploration Inc., and is scheduled to support a larger feasibility study in 2026.

Key Details

• Program Scope: Approximately 2,500 metres of drilling across the entire 2.5-kilometre-long known TiO2 mineralization zone from Hervieux West to Farrell-Taylor.
• Spacing: Drilling at 50-metre-by-50-metre intervals.
• Timeline: Commenced end of October 2025; continues into November 2025. Phase 2 expected to complete by April 2026.
• Resources:
  • Initial phase begins with two drill rigs.
  • Rigs to increase to four by mid-November.
• Target Areas:
  • Farrell-Taylor TiO2 deposit (to acquire metallurgical samples and upgrade resource).
  • Lac Schmoo area (historical TiO2 outcropping between Farrell-Taylor and Hervieux East deposits) to test for additional mineral resource potential.
• Management: Campaign managed by Magnor Exploration Inc. of Laterriere, Que.
• Strategic Goal: Define La Blache as a world-class massive oxide deposit for V, Ti, Sc, and Ga mineralization; incorporate recently acquired resources to the west into a global mineral resource estimate for future feasibility work.
• Financing: Fully financed by the company's recent financings.
• Regulatory/Technical:
  • Information based on foreign resource estimates from the prospectus dated Aug. 29, 2025.
  • Competent Person: Malcolm Castle, BSc (honours), GCertAppFin (sec. inst.), MAusIMM, principal consultant of Agricola Mining Consultants Pty. Ltd.
  • Estimates are foreign estimates within the meaning of ASX listing rules and are not reported in accordance with the JORC Code 2012.

Notable Quotes

• Tim Fernback, CEO: "The La Blache property is located near existing infrastructure, skilled work force and near the deep-sea Port of Saguenay... We have La Blache on an accelerated mineral exploration and development path to support the commencement of a larger feasibility study in 2026."
• David Caldwell, COO: "We are excited to see the first-phase drilling to acquire metallurgical samples and further define and upgrade the Farrell-Taylor Ti02 resource. In light of the push for onshoring critical metals in North America, we are defining the La Blache property as an important step in reaching independence for V, Ti, Sc and Ga mineralization is a world-class massive oxide deposit."