Huge grades in Morocco20 Mar 2024 12:44
Critical Mineral Resources PLC
('CMR' or the 'Company')
High Grades Confirmed at Anzar
Critical Mineral Resources plc, the exploration and development company focused on clean energy metals, is pleased to provide assay results from sampling at the Anzar Copper-Silver Project in Central Morocco. The results include some significant discoveries, including exceptionally high copper and silver grades, surpassing initial expectations. These findings underscore the significant potential of the Anzar Project, exemplified by the outstanding channel sample results and a hand sample which returned 40.12% copper and 272 g/t silver. This sampling programme reinforces our analysis of the Anzar region and belief in its excellent geological potential.
High Copper and Silver Grades
In September, eleven samples were collected from three locations across the property. These were assayed using ICP analysis at the SGS-certified AFRILAB laboratory in Marrakech. While some variance in grades was anticipated, several samples returned significantly higher grades than expected. This is very encouraging for the overall grade potential of an Anzar resource. The best result, obtained from a channel sample taken over 1.2 metres assayed 15.7% copper and 160 g/t silver.
Silver up to 272 g/t
The highest silver grade was 272 g/t from Sample 05. This was a hand sample selected for its clearly visible high-grade copper mineralisation, so not representative of the deposit's average grade. Other high silver samples include channel Sample 04, which returned 160 g/t silver with 10.65% copper and channel Sample 10, which assayed 160g/t silver with 15.7% copper. These findings indicate a consistently elevated silver content, a factor that should enhance project economics and valuation