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Resouro Strategic Metals Inc. (RSGOF) Market Update
Toronto, Canada (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (OTC...
About this update from Resouro Strategic Metals Inc
[{"type":"text","content":"Resouro Strategic Metals Inc. (RSGOF) Market Update\n\n Toronto, Canada (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (OTCMKTS:RSGOF) is pleased to provide updates on several activities as it advances development of its flagship Tiros Titanium and Rare Earth Elements Project (\"Tiros Project\" or \"Tiros\" or \"Project\") in Minas Gerais, Brazil.\n \n\n Key Highlights:\n \n\n o Preliminary Economic Assessment and Project Management Structure\n \n\n o Metallurgical Test Work\n \n\n o Non-equity Funding:\n \n\n - Proposals for the sale of Novo Mundo Gold Project;\n \n\n - Approval for DTC Eligibility, electronic clearing and settlement in the United States;\n \n\n - BNDES-Finep Joint Support Plan;\n \n\n - DFC Application;\n \n\n - Royalties; and\n \n\n o Campos Altos Critical Minerals Park.\n \n\n The Company remains focused on delivering long-term value through disciplined execution and advancement of key initiatives to support the Tiros Project. Together, these initiatives mark important steps forward as Resouro progresses its strategic priorities and positions itself for the next phase of growth.\n \n\n Preliminary Economic Assessment (PEA) and Project Management Structure\n \n\n Resouro is advancing a Preliminary Economic Assessment (\"PEA\") in accordance with 43-101 standards, focusing on the near-surface high-grade zone of the Tiros Central Block.\n \n\n This zone contains 104 million tonnes at 23% titanium dioxide (\"TiO2\") and 9,100 ppm Total Rare Earths Oxides (\"TREO\") in the Measured and Indicated categories as reported in the JORC compliant updated Mineral Resource Estimate (MRE) announced by Resouro on 8 April 2025 TSX-V/9 April 2025 ASX.\n \n\n The PEA will be based on initial processing of 500,000 tonnes per annum through a demonstration treatment plant, followed by scenarios scaling up to 5 to 10 million tonnes annually.\n \n\n Resouro has retained the services of global engineering and consulting firm Ausenco to oversee the PEA, including the development of the metallurgical flowsheet and the estimation of process capital and operating costs. Ausenco has a 30-year track record of providing consulting, studies, project delivery, and operations to the sector and employs approximately 300 employees in Belo Horizonte, a short distance from Resouro's office. Ausenco will be supported ...