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Texas Mineral Resources Corp.(TMRC)

Description: Texas Mineral Resources Corp., formerly Texas Rare Earth Resources Corp., is an exploration-stage mining company. The Company is engaged in the business of acquisition, exploration and development of mineral properties. As of August 31, 2016, the Company held two 19 year leases to explore and develop a 950 acre rare earths project located in Hudspeth County, Texas known as the Round Top Project. As of August 31, 2016, the Company also had prospecting permits covering 9,345 acres adjacent to the Round Top Project. The Company focuses on heavy rare earth elements (HREE). The Company's principal focus is on developing a metallurgical process to concentrate or otherwise extract the metals from the Round Top Project's rhyolite. The Round Top Project is an early exploration-stage project. The Round Top Project area lies within the Texas Lineament Zone or Trans-Pecos Trend. As of August 31, 2016, the Company had not generated any revenues.


Keywords: Prospecting Rare Earth Element Exploration Stage Mining Stage Mining Pecos Rhyolite

Home Page: www.tmrcorp.com

539 El Paso Street
Sierra Blanca, TX 79851
United States
Phone: 361 790 5831


Officers

Name Title
Mr. Daniel E. Gorski Pres, CEO & Director
Mr. William Christopher Mathers CPA Chief Financial Officer
Mr. Jason K. Brenkert Corp. Sec.

Exchange: OTCQB

Country: US

Currency: US Dollar ($)

GIC Sector: Materials
GIC Group: Materials
GIC Industry: Metals & Mining
GIC Sub-Industry: Diversified Metals & Mining
Forward PE: 0
Trailing PE: 74
Price-to-Book MRQ: 42.4023
Price-to-Sales TTM: 0
IPO Date:
Fiscal Year End: August
Full Time Employees: 2
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