UK Mining Firm CMR Gets Four New Exploration Permits in Morocco

UK Critical Mineral Resources plc is expanding its operations in Morocco with the acquisition of four new exploration permits in the Rabat and Beni-Mellal regions, covering an area of approximately 80 km2. Three new permits comprise the Meseta Project, primarily prospective for copper.
In a press release issued Wednesday, the Company said the Meseta project consists of three exploration permits in a region of copper, tungsten, tin and lead-zinc mineralisation.
CMR’s CEO Charlie Long said: “We are delighted to add the Meseta project to our portfolio of exploration permits. It fits CMR’s stated strategy of targeting Moroccan assets with the potential to produce clean energy commodities”.
“While we continue to develop our opportunities for cash generation from earn-in with near-term production assets such as Anzar, Meseta is an important addition to our incubator portfolio of licenses”, underlined Mr. Long.
Since acquiring 80% of Atlantic Research Minerals SARL in June 2023, CMR has been adding Moroccan metals and minerals projects to its portfolio. In early September, the Company announced the granting of the Ighrem Project, prospective for Copper, Oligiste iron ore and Manganese.