20:36:12 EST Thu 13 Nov 2025
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Temas Resources Corp (2)
Symbol TMAS
Shares Issued 39,529,257
Close 2025-11-13 C$ 0.18
Market Cap C$ 7,115,266
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Temas continues drilling at La Blache

2025-11-13 18:44 ET - News Release

Mr. Tim Fernback reports

TEMAS ADVANCES DRILL PROGRAM AT LA BLACHE, QUEBEC, TARGETING TITANIUM & CRITICAL MINERALS RESOURCE GROWTH

Temas Resources Corp. has made progress in its 2,500-metre diamond drilling campaign at its La Blache property in Quebec, Canada.

Approximately 1,000 m have been completed to date, with drilling expected to continue through the third week of November. Results from this campaign will refine the geological model, expand the existing inferred resource and support the development of a maiden Joint Ore Reserves Committee-compliant mineral resource estimate during 2026.

Tim Fernback, chief executive officer of Temas Resources, commented: "Our current drilling program at La Blache is progressing on schedule, and early observations confirm strong geological continuity across the mineralized zones. We are building a strong foundation for Temas's next stage of value creation with resource expansion and integration on our RCL processing technology, which, together, position the company to deliver a competitive advantage in the titanium and critical minerals recovery market."

David Caldwell, Temas chief operating officer, commented: "La Blache is ideally located near existing infrastructure, a skilled regional work force and the deepwater Port of Saguenay. Beyond titanium and vanadium, we continue to identify promising signatures of scandium and gallium, offering additional upside. There is a push for onshoring critical metals and rare earth elements in North America, and adding scandium and gallium mineralization just adds to our world-class massive oxide deposit as we work towards defining our global mineral resource estimate at La Blache.

"Drill core from this program will also provide key metallurgical samples to advance the next phase of our RCL metallurgical technology development."

This fall/winter program will covers the full 2.5-kilometre mineralized corridor from Hervieux West to Farrell-Taylor, with drill holes positioned at 50-metre-by-50-metre intervals. Phase 1 is under way, with phase 2 scheduled for completion in early 2026.

The drill campaign is fully financed by the company's recent financings, and all drill permits and work authorizations are in place at La Blache. Upon completion, Temas will undertake full core analysis and assay testing to inform both its geological model and the design for its regenerative chloride leach pilot studies.

Competent person/qualified person statement

The information in this announcement that relates to exploration results and mineral resources for La Blache and the Lac Brule titanium-vanadium projects in Quebec, Canada, is based on, and fairly represents, information and supporting documentation prepared and compiled by Malcolm Castle, BSc (honours), GCertAppFin (Sec Inst), MAusIMM, principal consultant of Agricola Mining Consultants Pty. Ltd.

Mr. Castle is a member of the Australasian Institute of Mining and Metallurgy. He has sufficient experience that is relevant to the style of mineralization, the type of deposit under consideration and the activity being undertaken to qualify as a competent person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (Joint Ore Reserves Committee Code 2012) and a qualified person as defined by National Instrument 43-101.

Mr. Castle is the principal consultant of Agricola Mining Consultants, which provides independent geological and technical advisory services to Temas Resources. He has reviewed the information presented in this announcement, and consents to the inclusion in the report of the matters based on his information in the form and context in which they appear.

Agricola Mining Consultants is an independent geological and technical consultancy, and has no direct or indirect interest in Temas Resources.

About Temas Resources Corp.

Temas Resources is a technology-driven critical mineral company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The company's patented regenerative chloride leach technology platform delivers significant operational cost reductions -- validated at up to 65 per cent lower than traditional processing -- while dramatically reducing energy use and environmental impact.

Temas's RCL process is the foundation of its technology licensing and partnership business, enabling global mining and material companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals, including titanium, vanadium, nickel and rare earth elements.

Complementing its technology division, Temas also owns 100 per cent of two advanced titanium-vanadium-iron projects in Quebec, Canada -- La Blache and Lac Brule -- which are strategically positioned to feed directly into the company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals.

Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical mineral independence and create long-term value for shareholders.

We seek Safe Harbor.

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