RE: Project Update21 Sep 2025 16:18
This may help. Courtesy of Telegram♐︎
Critical Mineral Resources (CMR LN) 4p, Mkt Cap £7.4m – Drilling underway in Morocco
Critical Mineral Resources, which is earning a 60% interest in the Agadir Melloul copper project in Morocco reports that it has now started drilling outcropping and near-surface gently dipping mineralisation.
An initial 6,000m core-drilling campaign aims to test the extent of “outcropping copper-mineralised strike and the down dip extensions” of the mineralisation and may “also test the underlying Precambrian basement which is known to be mineralised in places” with the aim of establishing “sufficient resources for the planned 750 to 1,000 tonne per day Initial Mine development”.
Longer term, drilling aims to test the potential for a larger scale resource where the company has an “initial exploration target of 150,000 to 200,000 tonnes of contained copper, at a 1.2% copper equivalent grade … [and aims to establish] … a large scale resource of global significance”.
CEO, Charlie Long, explained that the “initial exploration target assumes a 2.0m average thickness over a 4km2 area, in line with sedimentary copper deposits around the world, which are often relatively thin but laterally extensive. This 2.0m average will come from mineralised widths of 1.5m to >5.0m, with an expectation that most mineralised intersects will be in the 2.0m to 2.5m range”.
He said that “most holes will be vertical and drilled to 50m or less, except in a few cases when we choose to test deeper parts of the basement”.
Conclusion: Drilling has started drilling at Agadir Melloul in Morocco aiming to establish sufficient resources to maintain an initial 750-1,000tpd mining development before expanding its efforts to determine the broader extent of mineralisation.
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