Terreno Resources CorpT
Terreno Resources Corp. (TSXV: TNO.H, incorporated 1995) shifted its focus to tantalum exploration in Bolivia in Jan 2025; around the same time it terminated, by written notice, its option on the Las Cucharas gold and silver project in Nayarit, Mexico. Its current asset is the Ascension Tantalum Project (branded 'Metal 46'), an approximately 2,850-hectare property in Santa Cruz Department, Bolivia, within a 140km-long geologically recognised pegmatite belt, under an option to earn a 60% interest by completing Cdn$300,000 of exploration (mapping, trenching, pitting and drilling) designed to advance the project to a completed NI 43-101 resource estimate; a 3,450-hectare exploration licence was secured in Bolivia in Dec 2025. Its shares trade on the NEX board of the TSX Venture Exchange (the '.H' suffix); CIRO halted them on 14 May 2026 for 'Failure to Maintain Exchange Requirements', and trading resumed the next day, 15 May 2026.
Notable vs. Peers
- Jurisdiction risk score of 4/10 is meaningfully riskier than the peer average of 7.7/10.
Lifecycle Milestones
Jurisdiction (40%)4/10
Its ground is in Bolivia's Santa Cruz Department. Bolivia has been a resource-nationalist jurisdiction with a history of political instability and weak security of mining-concession title, though Rodrigo Paz's November 2025 election win marked a pro-investment policy shift that is beginning to improve the outlook.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Metal 46 Tantalum Project (Ascension, option to earn up to 60%), Santa Cruz Department, Bolivia (checked Oct 2, 2026; recheck due Mar 31, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:4/10
Bolivia: jurisdiction score 4/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer and a Director of Terreno Resources Corp. (TSXV: TNO.H); also a director of Sparton Resources Inc. Attended the University of Western Ontario for a B.A. in political science and then the University of Ottawa for his LL.B. President of Blackwell Investor Relations Corp. and a senior-level executive with broad in-depth experience in international, corporate and commercial affairs and securities law, with experience as a director and officer of several public companies as well as serving on audit and compensation committees. NOTE: a distinct live Person row also named Richard D. Williams (CEO and Director of Winshear Metals Corp.) is a professional geologist -- B.Sc Hons Geology, Portsmouth University; M.Sc Mineral Exploration, Queen's University; nine years as CEO of Cornish Metals -- and is a different man.
Director of PJX Resources Inc.; also a director of Terreno Resources Corp. Certified Management Accountant who worked in financial roles at Falconbridge companies. Over the past 13 years has been a director and VP of Finance at junior exploration firms listed on TSX/TSXV; former CFO of First Nickel Inc.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Terreno Resources, incorporated in 1995, shifted its focus to tantalum exploration in Bolivia in January 2025, around the time it terminated its option on the Las Cucharas gold-silver project in Nayarit, Mexico. Its current asset is the Ascension tantalum project, branded Metal 46, an approximately 2,850-hectare property in Santa Cruz Department, Bolivia, within a 140 km-long pegmatite belt, in which it can earn 60% by completing Cdn$300,000 of exploration aimed at an NI 43-101 resource estimate; it secured a 3,450-hectare exploration licence in Bolivia in December 2025. No resource has been estimated yet. Its shares trade on the NEX board of the TSX Venture Exchange as TNO.H; trading was halted on 14 May 2026 for failure to maintain exchange requirements and resumed the next day.