Tactical Resources Advances Preliminary Economic Assessment Plan for Peak Texas Project, The Canadian Business Journal

VANCOUVER, British Columbia, September 9, 2022 (GLOBE NEWSWIRE) — Tactical Resource Corporation(CSE: RARE) (OTC: USREF) (“tactical resources” or “Company), a mineral exploration and development company focused on rare earth elements (“Lees”) is pleased to announce the commencement of activity in conducting a Preliminary Economic Assessment (“PEA”) at its new Peak Project in Hadspeth County, Texas.

Tactical Resources utilized the services of Forte Dynamics Inc. (“Forte”) to conduct its PEA planning efforts. Forte Dynamics Inc. (“Forte”) is a consulting and engineering firm specializing in open pit resource and reserve modeling, mine planning, blasting analysis, metallurgy and process design. Restoration modeling, detailed engineering and his EPCM services. For more information, please visit www.fortedynamics.com.

The PEA work plan development effort includes a complete evaluation of the data compiled to complete the proposed NI 43-101 Technical Report on the Peak project. This also includes historical data and results from recently completed field sampling and ongoing metallurgical testing by Kemetco Research Inc. and Turnstone Metallurgical Services.

Forte has begun work to develop and establish a detailed plan for moving the Peak project from its current state to a full PEA. Forte offers to incorporate all previous work and metallurgical testing data to complete a gap analysis and provide recommendations for moving forward with the project. A gap analysis assesses the quantity and quality of historical data and provides recommendations on areas where additional work is needed to complete the PEA. The final outcome of this work will include stockpile material for current and future fines and his PEA roadmap for the broader Sierra Blanca land package.

Company CEO Ranjeet Sundher added: Given the initial asset estimates and the fact that he is located just two miles southeast of the Round Top Rare Earth Project owned by the Texas Mineral Resources Corporation and the Rare Earth U.S. Joint Venture, it felt prudent to act decisively. I was. This has led to the recently announced strategic decision to amend the agreement with the owner of the Sierra Blanca Quarry to strengthen our offtake position and include the option to acquire the entire project area. rice field. Against the backdrop of turbulent global conditions, our Texas Project strategic objectives remain stronger than ever. “

Tactical Resources also extends an online marketing agreement (“Agreement”) with Promethean Marketing, Inc. (“Provider”) to provide Tactical Resources with corporate marketing and investor awareness services (“Services”). I am pleased to announce the Including, but not limited to, content creation management, author sourcing, project management, digital media distribution, etc. In consideration of the Services, we have agreed to pay Provider his media distribution budget of US$250,000 for one month of his services.

On behalf of the Board of Directors,
Sincerely,

~ Ranjeet Sunder ~

Ranjeet Sunder
Chief Executive Officer and Director
tactical resource company
www.tacticalresources.com

Note

About Tactical Resource Corporation(CSE: Rare) (OTC: USREF)
Tactical Resources is a rare earth focused mineral exploration and development company based in Vancouver, British Columbia, which owns the Peak Project in West Texas, the Lac Ducharme Property in Quebec, and the SAM Property in North Saskatchewan. doing. The company is also actively involved in the development of innovative metallurgical processing technologies to further unlock the potential of REE development. For more information, visit www.tacticalresources.com and follow us on Twitter.

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