Resouro Files Technical Report for Tiros Project

Original announcement by globenewswire on

Company
Resouro Strategic Metals Inc.
Ticker
RSM
Exchange
Unavailable
Region
Minas Gerais, Brazil
Primary commodity
Titanium
Secondary commodities
Rare earths
Document categories
Resource update, Other
Extracted
2026-08-20 19:20:06 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Resouro Strategic Metals has filed a NI 43-101 compliant technical report and Preliminary Economic Assessment (PEA) for the Tiros Project in Brazil. The report supports a staged development strategy starting with a high-grade operation and outlines a massive 1.4 billion tonne Measured and Indicated resource.

Reasoning: The filing of a NI 43-101 compliant technical report supporting a PEA for a large-scale titanium and rare earths project with strong economics is a significant de-risking and formalization milestone.

Positive factors

  • Strong project economics (NPV US$714.9M, IRR 44.2%)
  • Large scale resource (1.4 Bt M+I)
  • High-grade starter option identified
  • NI 43-101 compliant technical report filed

Negative factors

  • PEA is preliminary in nature
  • High sensitivity to reagent costs
  • Inferred resources are speculative

Facts used in scoring: 18

Classification and evidence

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The technical report is explicitly stated to be NI 43-101 compliant.

Evidence · text

“NI 43-101 compliant report supports previously announced PEA results”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The project contains significant Inferred resources which are considered speculative.

Evidence · text

“It includes Inferred Mineral Resources that are considered too speculative geologically”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple Qualified Persons and Competent Persons are named and their responsibilities are detailed.

Evidence · text

“The announcement has been reviewed and approved by the relevant Qualified Persons under NI 43-101 and Competent Persons under the JORC Code”

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Resource Estimates (18)

measuredtitaniumTonnes: 367000000Grade: 12Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
367000000
Grade
12
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: Measured resource component of the total project.

Positive factors

  • Large tonnage

Evidence · table

“12”

Context: 367

measuredtitaniumTonnes: 367000000Grade: 4100Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
367000000
Grade
4100
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of the measured resource.

Evidence · table

“4,100”

Context: 367

indicatedtitaniumTonnes: 1000000000Grade: 12Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
1000000000
Grade
12
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: Indicated resource component of the total project.

Positive factors

  • Large tonnage

Evidence · table

“12”

Context: 1,000

indicatedtitaniumTonnes: 1000000000Grade: 4000Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
1000000000
Grade
4000
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of the indicated resource.

Evidence · table

“4,000”

Context: 1,000

inferredtitaniumTonnes: 500000000Grade: 12Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
500000000
Grade
12
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: Inferred resource component.

Negative factors

  • Speculative category

Evidence · table

“12”

Context: 500

inferredtitaniumTonnes: 500000000Grade: 3700Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
500000000
Grade
3700
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of the inferred resource.

Negative factors

  • Speculative category

Evidence · table

“3,700”

Context: 500

measuredtitaniumTonnes: 30000000Grade: 24Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
30000000
Grade
24
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: High grade HG Measured domain.

Positive factors

  • High grade

Evidence · table

“24”

Context: 30

measuredtitaniumTonnes: 30000000Grade: 9300Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
30000000
Grade
9300
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of HG Measured domain.

Positive factors

  • High grade

Evidence · table

“9,300”

Context: 30

indicatedtitaniumTonnes: 74000000Grade: 23Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
74000000
Grade
23
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: HG Indicated domain.

Positive factors

  • High grade

Evidence · table

“23”

Context: 74

indicatedtitaniumTonnes: 74000000Grade: 8900Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
74000000
Grade
8900
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of HG Indicated domain.

Positive factors

  • High grade

Evidence · table

“8,900”

Context: 74

inferredtitaniumTonnes: 33000000Grade: 22Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
33000000
Grade
22
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: HG Inferred domain.

Positive factors

  • High grade

Evidence · table

“22”

Context: 33

inferredtitaniumTonnes: 33000000Grade: 8300Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
33000000
Grade
8300
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of HG Inferred domain.

Positive factors

  • High grade

Evidence · table

“8,300”

Context: 33

measuredtitaniumTonnes: 340000000Grade: 11Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
340000000
Grade
11
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: MG Measured domain.

Positive factors

  • Large tonnage

Evidence · table

“11”

Context: 340

measuredtitaniumTonnes: 340000000Grade: 3700Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
measured
Tonnes
340000000
Grade
3700
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of MG Measured domain.

Evidence · table

“3,700”

Context: 340

indicatedtitaniumTonnes: 930000000Grade: 11Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
930000000
Grade
11
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: MG Indicated domain.

Positive factors

  • Large tonnage

Evidence · table

“11”

Context: 930

indicatedtitaniumTonnes: 930000000Grade: 3600Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
indicated
Tonnes
930000000
Grade
3600
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of MG Indicated domain.

Evidence · table

“3,600”

Context: 930

inferredtitaniumTonnes: 470000000Grade: 11Grade Unit: %View all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
470000000
Grade
11
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: MG Inferred domain.

Evidence · table

“11”

Context: 470

inferredtitaniumTonnes: 470000000Grade: 3400Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
titanium
Ticker
RSM

Resource Data

Category
inferred
Tonnes
470000000
Grade
3400
Grade Unit
ppm

Review

Needs Review
No
Historical
No

Dates

Event date
2026-07-30T00:00:00.000Z

Reasoning: TREO component of MG Inferred domain.

Evidence · table

“3,400”

Context: 470

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.