secwatch.observer — SEC 8-K summary
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Issuer:     Texas Mineral Resources Corp. (TMRC)
CIK:        0001445942
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001580695-21-000344
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Mineral Resources signs agreements for silver JV in New Mexico; Greentech to fund $6.5M feasibility study
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- Standard Silver Corp. (TMRC subsidiary) entered Mineral Exploration and Option Agreement with Santa Fe Gold for Black Hawk Mining District, Grant County, New Mexico.
- TMRC would be operator and own 50.5% of the joint venture; Santa Fe Gold would own 49.5% initially.
- Greentech Minerals Holdings will fund a $6.5M bankable feasibility study in five tranches over 12-15 months.
- Greentech can earn up to 20.2% of TMRC's JV equity (10.1% after feasibility, another 10.1% if it funds ~$15M capex).
- Preliminary NanoTEM survey identified a strong anomaly at the Gabel vein, a potential drill target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445942/000158069521000344/0001580695-21-000344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445942/000158069521000344/tmrc-8k_110821.htm
  HTML page:      https://secwatch.observer/filing/0001580695-21-000344

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