Morocco Strategic Minerals reports high-grade copper, silver, and gold results from two Moroccan projects

Date:

Morocco Strategic Minerals has released drill and sampling results showing notably high grades at its Ouneine copper-silver project and its Aït Zekri gold target, adding momentum to exploration activity in North Africa’s emerging critical-minerals corridor.

Morocco Strategic Minerals announced assay results from two separate exploration projects in Morocco, with Ouneine returning up to 14.88% copper and 696 grams per tonne silver, while Aït Zekri delivered gold values reaching 4.16 g/t. The results cover surface sampling or early-stage drilling work typical of junior exploration programs at this stage.

The Ouneine figures are particularly striking on the copper side. A grade above 14% copper is considered exceptionally high for an unprocessed sample — most commercial copper mines operate at average grades well below 1%. The accompanying silver credit of 696 g/t adds meaningful precious-metals exposure, since silver recovered as a byproduct of copper mining can materially improve a project’s economics. At current silver prices, a by-product credit of that magnitude would be significant if sustained across a broader mineralized zone.

At Aït Zekri, the 4.16 g/t gold result sits comfortably above the threshold typically considered economic for open-pit gold mining, which often ranges from roughly 0.5 g/t to 2 g/t depending on depth, recovery rates, and operating costs. However, single high-grade intercepts or samples must be treated with caution — continuity across a larger resource is what ultimately determines whether a discovery becomes a mine.

Morocco has been drawing increased attention from exploration companies as the country works to position itself as a critical-minerals supplier. Its phosphate reserves are well-known globally, but the country’s base and precious metals potential in the Anti-Atlas region, where both projects sit, has been less developed. Infrastructure improvements and a relatively stable permitting environment have made Morocco more attractive for junior miners seeking underexplored ground.

Results like these are early-stage indicators, not resource estimates. Investors following junior exploration companies will be watching for follow-up drilling programs that can test whether the high grades reported at surface or in initial holes extend at depth and along strike — the steps required before any meaningful resource calculation can be made.

Follow-up drilling results and any updated resource estimates from both projects will be key data points for assessing the longer-term significance of these initial grades.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Australian gold miners fall sharply in latest ASX session

Gold mining stocks listed on the Australian Securities Exchange...

Fed Holds Rates Steady, Keeps Door Open on Future Moves

The U.S. Federal Reserve left its benchmark interest rate...

Kevin Warsh warns inflation battle is unfinished, weighing on gold and silver

Prominent Federal Reserve critic and former Fed governor Kevin...