FULL DISCLOSURE: This is sponsored content for Temas Resources.
Temas Resources (CSE: TMAS) has expanded its executive team. The firm this morning announced the appointment of David Caldwell, a seasoned mining executive, to the role of chief operating officer following the creation of the position.
“David’s role will be an important part of our leadership team and his wealth of experience across all stages of development will prove invaluable as we move our Quebec-based titanium dioxide projects forward. We are incredibly fortunate to have David, one of North America’s foremost experts on Iron-Titanium-Vanadium assets,” commented Temas CEO Tim Fernback.
Caldwell is said to have over three and a half decades of experience within the mining sector, having most recently served as co-founder of Pinnacle Iron and Steel, where he focused efforts on the ESG initiatives related to the restart of a steel mill. His efforts included the assessment of raw material for green steel production, the transformation of waste into revenue streams, and the evaluation of new methods to reduce emissions at the mill. His work also included a focus on metallurgical optimizations for the processing of titanium, vanadium, and iron bearing feedstocks to improve recoveries.
His experience with titanium, vanadium and iron also includes his time at BlackRock Metals as a co-founder, where he assisted in identifying the Lac Dore layered complex in 2007. The project, featuring strong grades and world class tonnage in iron, titanium, and vanadium, saw a feasibility study outline a $1.3 billion project that featured some of the highest grades of vanadium in North America.
Commenting on his appointment, Caldwell stated, “Interdisciplinary team building becomes increasingly necessary through the project exploration and development cycle and is squarely in my wheelhouse, so the timing is perfect for Temas to leverage my decade-long iron titanium and vanadium experience in Quebec to build value for our shareholders.”
Temas is presently focused on advancing its La Blache titanium-vanadium-iron project in Quebec. The project recently saw the release of a preliminary economic assessment which outlined an after-tax net present value (8%) of $6.6 billion for the project, which is based on a mine life of 14 years.
Temas Resources last traded at $0.23 on the CSE.
FULL DISCLOSURE: Temas Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Temas Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
