Temas Files Preliminary Economic Assessment Report for La Blache and Clarifies February 7th Release

VANCOUVER, BC / ACCESSWIRE / March 28, 2024 / Temas Resources Corp. ("Temas" or the "Company") (CSE:TMAS) is pleased to report the filing of an Independent Technical Report and Preliminary Economic Assessment ("PEA") on SEDAR+ for the wholly-owned La Blache Ti-V-Fe Project located in the Cote Nord region of Quebec (the "Project").

Material changes occurred to the Project economics between February 7, 2024, the date the news release first announcing the PEA, and today, the date the PEA was finalized and posted on SEDAR+.

A summary of the material changes to the primary project economic indicators are presented in the table below. The full PEA report on SEDAR+ presents complete descriptions and lists of all assumptions used.

Primary La Blache Project Economic Indicators		Press Release	PEA
		February 27, 2024	March 27, 2024
Parameter	Units	Value	Value
Pre-Tax Project Cash Flow	CAD $ Billion	21.8	20.2
Pre-Tax IRR	%	64.8	70.8
Pre-Tax Net Present Value (NPV8)	CAD $ Billion	9.5	9.0
Post-Tax Project Cash Flow