Texas Mineral Resources Corp. (OTCMKTS:TMRC) is a mineral exploration and development company specializing in the acquisition, evaluation, and advancement of mineral deposits rich in rare earth elements and heavy mineral sands. Established to address growing global demand for critical minerals, the company leverages its expertise to identify projects with substantial reserves of titanium, zircon, and rare earth oxides. Texas Mineral Resources is headquartered in Austin, Texas, and trades on the OTC Markets under the ticker TMRC.
The company’s flagship asset is the Salinas Mineral Sands Project in northeastern Brazil, where it holds exploration permits covering thousands of hectares. Extensive drilling and test work at Salinas have confirmed significant concentrations of ilmenite, rutile, zircon, and a suite of rare earth-bearing minerals. Texas Mineral Resources has invested in pilot plant operations and metallurgical testing to optimize extraction and separation processes, positioning the project for potential commercial-scale development.
In addition to its Brazilian asset, Texas Mineral Resources maintains a portfolio of domestic exploration properties targeting lithium, uranium, and other critical minerals in Texas and neighboring states. By pursuing projects in both North and South America, the company aims to diversify its resource base and capitalize on favorable regulatory environments. Its strategy emphasizes sustainable mining practices, water management, and community engagement to ensure long-term environmental stewardship.
Leadership at Texas Mineral Resources brings decades of experience in mining, project finance, and engineering. Chief Executive Officer Paul J. Johnston oversees corporate strategy and international partnerships, while Chief Geologist Dr. Karen Liu directs exploration and resource modeling. The board comprises industry veterans with backgrounds in capital markets, technology development, and resource permitting. Together, they guide the company’s mission to become a reliable supplier of critical minerals for the renewable energy, aerospace, and defense industries.
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