C h r i s t o p h e r E a g e r - 2 6 M a r c h 2 0 2 6
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TSX-V:RSM ASX:RAU FSE:8TX OTC:RSGOF
Tiros Central Block contains High Grade TREO & TiO2
Tiros Central Block approx. 9% of the Resource Target NI 43:101 Measured and Indicated Resource
1.4 Billion Tonnes at 4,000ppm TREO and 12% TiO2
5.6 million tonnes contained TREO 168 million tonnes contained TiO2
Contained TiO2in Measured and Indicated 168 Mt
Contained TiO2in Indicated and Inferred
Bubble chart of Tiros' total and high-grade MRE for rare earths, compared to selected peer projects, in relation to the tonnage of Measured and Indicated Mineral Resources versus average grade. The bubble size reflects the metal content, calculated as total resource tonnes multiplied by the average resource grade.
TSX-V:RSM ASX:RAU FSE:8TX OTC:RSGOF *Refer to ASX announcement 9 April 2025: Tiros Measured and Indicated Resource increased by 37% to 1.4 billion tonnes at 12% TiO2and 4,000 ppm TREO 3
The region and project have unique features
Tiros Project - premier location in a mining friendly jurisdictionFavourable geology in large land holding of approximately 497km2
Extensive homogeneous layer of consistent host type and grade
Enormous 1.9billion tonnes MRE containing ultra high-grade TiO2mineralization
Note: further details of the Company's JORC MRE are contained within the Company's ASX announcement of 9 April 2025 / TSXV 8 April 2025. Resouro is not aware of any new information or data that materially affects the information included in the Company's announcement and that all material assumptions and technical parameters underpinning the estimates referred to therein continue to apply and have not materially changed.
Only 8% of total tenements explored to date with significant upside potential
TSX-V:RSM ASX:RAU FSE:8TX OTC:RSGOF
Processing and Feasibility
Environmental Impact Statement underway Mining license application underway Preliminary mine planning studies completed Preliminary economic study near completion Sulphuric acid leaching:
• +90% extractions of TREO achieved
77% recovery of titanium dioxide
MOU with Rare Earth Technologies for supply of TREO
Next Steps
Publication of PEA
Trial mining and pilot test work
Preliminary economic study, various scenarios Build pilot plant for offtaker engagement Finalize Environmental Impact Assessment Finalize mining license
Apply for Installation license
Plant and operations construction
Production license 4
Commissioning of plant and production
Resouro Market Capitalization CAD 0.23 per share $24 million
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Nearest Comparable Brazilian REE Developers
Market cap per tonne of TREO in Measured & Indicated
Nearest Comparable TiO2Project
Market Cap per tonne of TiO2in Measured & Indicated
Company, Project | Resource | TiO2 Grade | Contained | Marke Cap | Market Cap |
M&I Mt | % | TiO2m tonnes | USD million | Per Tonne TiO2 | |
Resouro, Tiros M&I | 1,400 | 12% | 168 | $29 | $0.17 per tonne |
Empire, Pitfield Ind | 697 | 5.3% | 36 | $290 | $8.00 per tonne |
Initiatives to Enhance Resouro's Market Valuation
Address delays in producing key project milestones
Promoted Luedson Maduca from Chief Geologist to Operations Manager
Appointed Simon Stilwell as Chairman so Chris Eager, CEO, can focus on project development
Running key development programs in parallel with offtaker engagement
Advancing collaboration with offtakers
Strengthen market awareness and Investor Relations
Appointed Refined Substance, a respected PR/IR Company in Canada
Will publish and distribute a paid for, independent research report
Building direct relationships with vetted investors and brokers
Appointed a market maker in Canada
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TSX-V:RSM ASX:RAU FSE:8TX OTC:RSGOF
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