Resouro files technical report on Tiros project

NI 43-101 compliant report supports previously announced PEA results for titanium and rare earths project VANCOUVER, British Columbia, July 29, 2026 (GLOBE NEWSWIRE) -- Resouro Strategic Metals Inc. ( TSX-V: RSM ; ASX: RAU ; OTCQB: RSGOF ; FSE: 8TX ) (“ Resouro” or the “ Company” ) has filed an independent technical report (“ Technical Report ”) for the Tiros Titanium and Rare Earths Project (“ Tiros Project ”), located in Minas Gerais, Brazil. The Company previously disclosed the results of a preliminary economic assessment (“ PEA ”) on the Tiros Project in its June 14/15, 2026 news release and the Supplementary Information released on June 17, 2026 in response to ASX Listing Rule 5.16 requirements. "This report independently supports the strong technical and economic foundations of our staged development strategy,” said Christopher Eager, Resouro’s Chief Executive Officer.

"It demonstrates that a relatively small, high-grade starter operation has the potential to generate attractive economics while targeting less than one percent of our current Measured and Indicated Mineral Resource. This approach has been designed to reduce upfront capital requirements, shorten the pathway toward production, lower execution risk and preserve exceptional long-term expansion potential.” The Technical Report evaluates the development of a staged, high-grade starter operation based on a 500,000 tonne per annum processing facility operating over a 20-year mine life. The study targets approximately 9.5 million tonnes of high-grade run-of-mine (" ROM ") material that represents less than one percent of the Company's 1.4 billion tonne Measured and Indicated Mineral Resource grading 12% titanium dioxide (“TiO 2 ”), 4,000 ppm total rare earth oxides (“TREO”) and 1,100 ppm magnetic rare earth oxides (“MREO”).

The PEA is preliminary in nature. It includes Inferred Mineral Resources that are considered too speculative geologically to have the