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Resouro Strategic Metals Inc. (RSGOF) Tiros Project Studies Update

Toronto, Canada (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (OTC...

articleResouro Strategic Metals IncAugust 11, 20243/company/resouro-strategic-metals-inc/news/resouro-strategic-metals-inc-rsgof-tiros-project-studies-update
Resouro Strategic Metals Inc. (RSGOF) Tiros Project Studies Update

About this update from Resouro Strategic Metals Inc

[{"type":"text","content":"\nResouro Strategic Metals Inc. (RSGOF) Tiros Project Studies Update\n\n Toronto, Canada (ABN Newswire) - Resouro Strategic Metals Inc. (ASX:RAU) (CVE:RSM) (FRA:8TX) (OTCMKTS:RSGOF) is pleased to provide an update on project studies for the Tiros Titanium and Rare Earth Elements Project in Brazil (\"Tiros Project\" or the \"Project\"). This includes progressing the metallurgical testwork and appointing industry leading technical experts to advance mining studies, environmental assessments and project approvals.\n \n\n Highlights\n \n\n Following the announcement dated 18th July 2024 of the 1.7 billion tonne, maiden JORC Mineral Resource Estimate (\"MRE\") of Measured, Indicated and Inferred Resource for the Tiros Project, Resouro has advanced the following key activities:\n \n\n 1. Progressed first phase metallurgical testwork for the Tiros Project Central Block resource:\n \n\n a) Near completion of non-conventional first phase rare earth testwork with our partner, Altilium Group Ltd. (\"Altilium\") with results expected imminently;\n \n\n b) Commenced conventional rare earth metallurgical testwork with our partners, Centre for Intelligent Technologies (CIT) Senai (\"CIT Senai\") and SGS S.A. Laboratories (\"SGS\"), in Belo Horizonte, Brazil;\n \n\n 2. Appointed Atticus to complete initial mine planning activities as part of the Preliminary Economic Assessment (\"PEA\") for Tiros;\n \n\n 3. Appointed Ausenco Limited (\"Ausenco\") to lead and manage the PEA for Tiros;\n \n\n 4. Appointed CLAM Meio Ambiente (\"CLAM\") environmental and social consultants to complete an Environmental Assessment as part of the project permitting and approvals process; and\n \n\n 5. Positive engagement with regulatory authorities in Minas Gerais, leading to commencing the process for application of a Mining Concession over the Central Block of Tiros.\n \n\n Commenting on the appointment of these consultants and progress at Tiros, President, CEO, Director and Founder, Chris Eager commented:\n \n\n \"Completion of the JORC compliant Mineral Resource Estimate has paved the way for the selection of initial mining areas and compilation of representative composite samples for metallurgical testwork for the planned PEA Scoping Study for Tiros.\"\n \n\n \"These initiatives are designed to highlight the full potential of our resources, optimize processes and...

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