| Metals & Mining Industry | Materials Sector | Mr. Daniel E. Gorski CEO | OTCQB Exchange | US88256L1098 ISIN |
| US Country | 2 Employees | - Last Dividend | 17 Apr 2007 Last Split | - IPO Date |
Texas Mineral Resources Corp. is a pioneering company dedicated to the acquisition, exploration, and development of mineral properties within the United States. With its inception dating back to 1970 and headquarters located in Sierra Blanca, Texas, the company has established a strong presence in the mineral industry. Initially known as Texas Rare Earth Resources Corp., it underwent a significant rebranding in March 2016, changing its name to Texas Mineral Resources Corp., to better reflect its expanding focus beyond just rare earth elements. Its flagship project, the Round Top rare earths project, encompasses an impressive area of 950 acres, accompanied by prospecting permits spread over 9,345 acres, situated in Hudspeth County, Texas. This strategic position underlines the company’s commitment to tapping into and developing valuable mineral resources within the U.S., ensuring a stable and sustainable supply of critical minerals.
Focusing on the heart of its operations, Texas Mineral Resources Corp. embarks on comprehensive exploration and development activities aimed at identifying and utilizing mineral resources across its owned properties. The flagship Round Top project serves as a testament to the company's dedication to uncovering high-value rare earth elements and other essential minerals. Through rigorous geological research, state-of-the-art exploration techniques, and sustainable development practices, the corporation strives to maximize the potential of its mineral properties, ensuring both environmental responsibility and economic viability.
A pillar of its business strategy involves the strategic acquisition of mineral properties. By continuously seeking out and securing promising mineral sites across the United States, Texas Mineral Resources Corp. expands its portfolio and strengthens its position in the minerals market. This proactive approach to acquisition enables the company to diversify its resources, reduce operational risks, and cater to the growing demand for various minerals necessary for modern technologies and industries.