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Temas Resources Moves Closer To Commercialization Of ORF Hydrometallurgical Technology

Metallurgy & Processing

Temas Resources Moves Closer To Commercialization Of

ORF Hydrometallurgical Technology

• Pilot Plant Testing Nears Completion

• Recovery of Titanium, Iron and Vanadium, averaging 73%, 92% and 99%,

respectively

• interest from mining and chemical manufacturers for technology licensing

and testing of ilmenite and nickel ores

Vancouver, British Columbia – (April 26, 2022) – T emas Resources Corp. ( “Temas” or

the “Company”) (CSE: TMAS, OTCQB: TMASF) is pleased to provide an update on its

patented ORF Technology – Titanium Dioxide (TiO 2) pilot plant. The company also

announces that it is in active discussions with mining and chemical manufacturers to

license several of the ORF Technologies.

Initially the company has focused its efforts on the application of its ORF Technology on

the processing of ilmenite concentrates in to TiO2, along with the production of iron and

vanadium by-products that meet and exceed chemical specifications for industry.

The Company is nearing the completion of ilmenite pilot process testing on materials from

Temas’ La Blache exploration project for recovery expectations and refine the ability to

produce pigment-quality TiO2, iron and vanadium by -products at the Process Research

Ortech laboratories in Mississauga, Ontario, Canada. Approximately 1,000 kg of ore have

been leached, followed by the selective solution extraction of titanium, iron and vanadium

chlorides, and the precipitation of a high purity TiO2 final product.

“We are currently focused on perfecting the process ing of ilmenite concentrate because

it is traditionally considered an uneconomic waste rock and is widely available,” stated

Michael Dehn, CEO of Temas Resources. “Based on what we are seeing, we are very

confident that by the implementing the ORF Technology we will be able to generate strong

results with our innovative, low-cost process methods , even with low grade and/or

contaminated feedstock.”

Early results of the ORF Technology’s pilot test work that processes ilmenite feedstock

report leach recovery for Titanium (Ti), Iron (Fe) and Vanadium (V) below:

Ti Fe V

Sample % % %

BBLT1 71.63 91.40 100.00

BBLT2 68.80 90.37 97.45

BBLT3 72.63 92.76 97.79

BBLT4 77.01 93.36 100.00

BBLT5 75.26 92.52 100.00

AVERAGE 73.07 93.08 99.05

Average head grade of materials utilized in pilot plant 41.05% Fe, 10.60 % Ti, 0.18% V.

Large Leach Reactor (~350L)

Settling and Flocculation Tanks

Filter Press

Fe Oxidation (4 Columns)

Fe SX

Ti SX

Figure 1 Temas Resources TiO2 Pilot operation

The high purity TiO 2 (synthetic rutile produced from ilmenite) product will be shipped to

companies that utilize TiO2 for evaluation in their product manufacturing, such as paints

& coatings, cosmetics, and food & beverage producers. The Temas -ORF product is

expected to achieve the desired commercial specifications for production of consumer

products at lower cost with less environmental impact.

“The level of interest coming to us from major mining producers is encouraging and not

surprising,” states Michael Dehn, CEO of Temas Resources. “Companies are actively

pursuing methods to improve their ESG rating by limiting their environmental impact while

simultaneously improving their profit margins.”

About Temas Resources

Temas Resources Corp. (CSE: TMAS) (OTCQB: TMASF) is focused on the

advancement of mineral independence and processes by which mineral products (nickel,

iron, copper, gold, ilmenite and other sulphide and oxide mineral ores and concentrates)

are processed and recovered using sustainable hydrometallurgical technologies. The

Company invests in and works to apply its green technologies across its mining portfolio

to reduce the environmental impact and carbon footprint of metal extraction through

advanced processing and patented leaching technologies. The Company is advancing

Iron-Titanium-Vanadium projects in Quebec and soon expects to be active at its boron

project in Serbia. All public filings for the Company can be found on the SEDAR

website www.sedar.com . For more information about the Company, please

visit www.temasresources.com .

Contact Information:

For further information or investor relations inquiries, please contact us:

Michael Dehn

President and CEO

E-mail: [email protected]

Tel: 647-477-2382

or

Dave Burwell

Vice President

The Howard Group Inc.

Email: [email protected]

Tel: 403-410-7907

Toll Free: 1-888-221-0915

Forward-Looking Statements

This news release includes certain “Forward-Looking Statements” within the meaning of

the United States Private Securities Litigation Reform Act of 1995 and “forward- looking

information” under applicable Canadian securities laws. When used in this news release,

the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”,

“would”, “could”, “schedule” and similar words or expressions, identify forward- looking

statements or information.

Forward-looking statements and forward-looking information relating to any future mineral

production, liquidity, enhanced value and capital markets profile of Temas, future growth

potential for Temas and its business, and future exploration plans are based on

management’s reasonable assumptions, estimates, expectations, analyses and opinions,

which are based on management’s experience and perception of trends, current

conditions and expected developments, and other factors that management believes are

relevant and reasonable in the circumstances, but which may prove to be incorrect.

Assumptions have been made regarding, among other things, the price of iron, titanium,

vanadium and other metals; no escalation in the severity of the COVID -19 pandemic;

costs of exploration and development; the estimated costs of development of exploration

projects; Temas’ ability to operate in a safe and effective manner and its ability to obtain

financing on reasonable terms.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM

IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.