Texas Mineral Resources Corp. TMRC would serve as the managing partner of the joint venture. Joint venture assets consist of two permitted mines, a permitted millsite and the Carlisle mine. Texas Mineral Resources Corp. today announced that the Company entered into a non-binding letter of intent with Steeple Rock Holding Company, LLC to explore the possibility of entering into a mining venture involving four mines, being [...]
Texas Mineral Resources Corp. Carlisle mine consists of three patented lode mining claims and one patented mill site in the Steeple Rock district in New Mexico. Carlisle mine acquired for a $75,000 one-year non-interest-bearing promissory note. Gold production occurred during 1880-1889, producing a recorded $4,000,000, at $20/oz Gold, from recorded 112,000 tons. The Carlisle mine produced copper-lead-zinc during the [...]
Texas Mineral Resources Corp. As announced in a joint press release, the proposed transaction values USA Rare Earth at a pro-forma enterprise value of $870 million and is expected to be completed in early 2025 TMRC currently owns approximately 19.3% of the Round Top Heavy-Mineral and Critical Minerals Project Texas Mineral Resources Corp. announces that USA Rare Earth, the operating partner of Round Top Mountain [...]
via NewMediaWire - Texas Mineral Resources Corp.Texas Mineral Resources Corp. , is pleased to announce a fiscal year-end corporate update concurrent with the filing of its Annual Report on Form 10-K with the SEC. Round Top: USARE, the operating manager of Round Top Mountain Development, LLC , has advised TMRC that it continues to progress Round Top toward operations. Over the last twelve months, Round Top achieved [...]
Texas Mineral Resources Corp. Successful completion has resulted in plans underway to initiate permitting to conduct a confirmatory drilling campaign Results of final geophysical surveying confirmed the identification of 16 drill targets within the Alhambra mine area All potential targets lie within 120 feet of the surface Target characteristics conform with known mineralized structures in the area TMRC is pleased to [...]
TMRC will have an alternative option aside from cash to meet potential future Round Top capital calls by reducing its Round Top project equity based on a preset formula tied to TMRC market capitalization at the time of any potential cash call Financing option avoids any potential need to raise capital through the issuance of TMRC equity securities which could unnecessarily dilute TMRC shareholders SIERRA BLANCA, TX, June [...]
Texas Mineral Resources Corp. Phase 2 geophysical surveying was successful in identifying 16 drill targets within a 9.4 acre area. All potential targets lie within 100 feet of the surface. Target dimensions conform with known ore bodies historically mined in the Alhambra Mine with veins and faults within the immediate area. Blackhawk silver project complements the continued successful development of the Round Top [...]
Texas Mineral Resources Corp. targeting the rare earths, industrial and technology metals through its 20% ownership interest in the Round Top Mountain project in Texas and ongoing exploration initiatives, is pleased to announce that on December 22, 2022, Dan Gorski, CEO, and Anthony Marchese, Chairman, held a webinar discussing the geophysical results and economic potential of the New Mexico Blackhawk silver mining [...]
Texas Mineral Resources Corp. Webinar scheduled on December 22nd at 12 noon EST Texas Mineral Resources Corp., an exploration company currently targeting the rare earths, industrial and technology metals through its 20% ownership interest in the Round Top Mountain project in Texas and ongoing exploration initiatives, is pleased to announce that it has scheduled a webinar to discuss a detailed analysis of the geophysical [...]
Texas Mineral Resources Corp. is pleased to announce that detailed analysis of Time Domain Electro-Magnetic surveying of high-grade silver veins in the Black Hawk District, New Mexico has yielded extremely encouraging results. TMRC initiated exploration in the Black Hawk district upon execution of an Option Agreement with Santa Fe Gold Corp. in October 2021 (see press release of Nov. 9, 2021). The Black Hawk District [...]
Texas Mineral Resources Corp. is pleased to announce that its joint venture partner, privately held USA Rare Earth, yesterday announced a new CEO, Thomas Schneberger, replacing Thayer Smith who served as USA Rare Earth's interim CEO. A copy of the press release issued by USA Rare Earth follows: USA Rare Earth, LLC is pleased to announce the appointment of Thomas Schneberger as Chief Executive Officer. Tampa, FL, November [...]
Texas Mineral Resources Corp. its joint-venture Round Top Mountain project in Texas with USA Rare Earth, is pleased to announce that it will be presenting virtually at the upcoming Sequire Metals & Mining Conference on Thursday, January 27th, at 2:30-2:55 PM EST. Anthony Marchese, chairman, will be giving the presentation. Event: Sequire Metals & Mining Conference Date: Thursday, January 27th, 2022 Time: 2:30-2:55 EST [...]