TMRC Announces Successful Completion of Geophysical Investigation in the Blackhawk Silver/Nickel/Cobalt Mining District, Identifies 16 Potential Drill Targets - Seite 3

TDEM Phased Exploration

An initial scoping study, Phase 1, was done using 50m x 50m current loops. Two 50% overlapping loops were deployed on the Gabel Vein and two on the Alhambra.  Results were encouraging.

Based on information acquired in Phase 1, Phase 2 was designed using 100m x 50m loops.  Total loops used increased from four to 24. Four were deployed over the Gabel and 20 over the Alhambra. Data collected by Zonge was sent for independent assessment to Computational Geoscience Inc. in Vancouver, B.C. for detailed mathematical analysis. Each loop was processed individually.

Further analysis of Phase 2 data was done by selecting 6 loops covering the Alhambra mine area and inverting them as a single unit. This combined loop inversion identified multiple anomalies that roughly correspond to the individual loop targets, but considerable definition was lost by this method of analysis.

A more conventional Phase 3 , covering the same area as Phase 2, was planned and executed using  4 larger loops, higher power, and lower frequency to attempt to increase the depth capability. It was found that this configuration will not detect the small conductors seen by NANOTEM.

TDEM provides reliable signal strength to a depth of 120 feet below the surface. After all three phases, sixteen anomalies of sufficient strength and size to be designated as drill targets have been identified. Six of these lay within the main Alhambra vein projection or within nearby mapped parallel veins. Correlation between the geophysical and geological interpretation, and the existing historic mine workings is excellent.

“Although research will continue in refining the analysis of these data, we regard this program as successful, and planning is underway to permit and conduct a drilling campaign,” said Dan Gorski, CEO of TMRC.

About Texas Mineral Resources Corp.

Texas Mineral Resources Corp.'s primary focus is to develop and commercialize, along with its joint venture operating partner USA Rare Earth LLC, the Round Top heavy-rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso, in which TMRC owns an approximate 20% interest and USA Rare Earth owns an approximate 80% interest. Additionally, the Company is developing other domestic mining projects in precious and industrial metals as well as critical minerals.  The Company’s common stock trades on the OTCQB U.S. tier under the symbol “TMRC.”