Latest news with #MoroccoStrategicMinerals
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4 days ago
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Morocco Strategic Minerals Reports Sampling Results from the BMR Property
MONTRÉAL, June 12, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the results of a targeted rock sampling program completed in May 2025 on its BMR copper-gold property, located southeast of Ouarzazate in the Kingdom of Morocco, where the Corporation holds an option to acquire a 100% interest. Sampling Program Overview The BMR Copper-Gold Property covers an area of approximately 9 km² and hosts a prominent subvertical mineralized structure which spans approximately 1.2km in its southern portion. The structure is characterized by brecciated quartz-carbonate veining with visible copper oxide minerals, including chalcocite and malachite (Figure 1). Initial surface sampling by Morocco Strategic Minerals returned values of up to 11.73% copper (Cu) and 5.53 g/t gold (Au), prompting follow-up exploration. In May 2025, the Corporation conducted a surface sampling program to validate and expand upon these historical results. A total of 67 rock samples (excluding QA/QC blanks and standards) were collected along the mineralized structure and analyzed at Afrilab Laboratory in Marrakech, Morocco. Highlights from the sampling program include: 37 samples returned copper grades exceeding 2.00% Cu, with a maximum value of 9.33% Cu 19 samples returned oxide copper (CuOX) grades exceeding 2.00% CuOX, with a maximum of 6.51% CuOX 7 samples returned gold grades exceeding 0.30 g/t Au, with a maximum of 0.43 g/t Au 1 sample reported a silver grade of 52 g/t Ag Ag g/t Au g/t Cu% CuOX% Maximum 52 0.43 9.33 6.51 Average 4 0.18 2.82 1.63 'These results confirm the high-grade copper potential of the southern structure and reveal notable gold and silver anomalies. The mineralization style suggests the potential for a larger polymetallic system, warranting further exploration,' said Pierre-Olivier Goulet, VP of Corporate Development for Morocco Strategic Minerals Corp. The Corporation is currently designing a follow-up program that will include detailed mapping, trenching, and geophysical surveys to further evaluate the extent of mineralization and identify new targets across the 1: Surface samples showing copper mineralization. About the BMR Copper PropertyThe BMR Copper prospect covers an area of approximately 9 km², located southeast of Ouarzazate. It is accessible via the national road N9, which connects the cities of Ouarzazate and Zagora, and by a 2 km track from kilometer 24 of road N9. The permit area, characterized by historical copper and manganese workings, comprises predominantly volcanic and volcano-clastic terrains of Ediacaran age. The property contains two main zones of mineralization with varying styles of copper mineralization. To the south of the property a subvertical mineralized structure, with a 1.2 km strike length and up to 5m wide, is evidenced by the presence of a tectonic brecciation within a shear zone that is exposed at the surface. This structure is a brecciated quartz-carbonate vein with variable portions of chalcocite and malachite. The main zone of mineralization varies from 0.5m to 3m in width (locally reaching over a 5m width) and contains massive sulfide veins that dip steeply eastward. Initial surface sampling by Morocco Strategic Minerals from the exposed structure returned values up to 11.73% Cu and 5.53 g/t Au. To the north of the property, there is a historical copper quarry from which approximately 4,000 tonnes of material were extracted, most of this material remains on the property. The copper mineralization in the northern part occurs in veins or is disseminated within the volcanic rocks (rhyolite and porphyritic rhyodacite). The mineralization is late to post-volcanic in age and appears to be controlled by magmatic and tectonic structures. A zone of propylitic alteration surrounds this mineralization. About Morocco Strategic Minerals Morocco Strategic Minerals Inc. is a Canadian mineral exploration company focused on the acquisition, exploration, and, if warranted, development of natural resource properties of merit in Canada and Morocco. Qualified Person The technical and scientific information in this press release have been reviewed by Merouane Rachidi, Ph.D., an independent qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Sample Analysis Method Samples were prepared by African Laboratory for Mining and Environment ('Afrilab') in Marrakech, Morocco. All samples were analyzed for silver, copper, oxide copper (CuOX), iron, lead, and zinc using Aqua regia digestion followed by atomic absorption spectroscopy ('AAS'). Samples with above 5% Cu content were reanalyzed using titration method. Gold was analyzed using fire assay. Quality control protocols included the insertion of standards and blanks every 30 samples, in addition to those inserted by Afrilab, which also included pulp duplicates to ensure analytical reliability. Contact Information Pierre-Olivier GouletVice-President Corporate DevelopmentEmail: pogoulet@ Guy GouletPresident and CEOEmail: ggoulet@ information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as "will be," "expected," or variations of such words and phrases, or statements that certain actions, events, or results "will" occur. Forward-looking statements, including statements relating to the intended use of the net proceeds from the Offering, are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, level of activity, performance, or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. A photo accompanying this announcement is available at in to access your portfolio
Yahoo
4 days ago
- Business
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Morocco Strategic Minerals Reports Sampling Results from the BMR Property
MONTRÉAL, June 12, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the results of a targeted rock sampling program completed in May 2025 on its BMR copper-gold property, located southeast of Ouarzazate in the Kingdom of Morocco, where the Corporation holds an option to acquire a 100% interest. Sampling Program Overview The BMR Copper-Gold Property covers an area of approximately 9 km² and hosts a prominent subvertical mineralized structure which spans approximately 1.2km in its southern portion. The structure is characterized by brecciated quartz-carbonate veining with visible copper oxide minerals, including chalcocite and malachite (Figure 1). Initial surface sampling by Morocco Strategic Minerals returned values of up to 11.73% copper (Cu) and 5.53 g/t gold (Au), prompting follow-up exploration. In May 2025, the Corporation conducted a surface sampling program to validate and expand upon these historical results. A total of 67 rock samples (excluding QA/QC blanks and standards) were collected along the mineralized structure and analyzed at Afrilab Laboratory in Marrakech, Morocco. Highlights from the sampling program include: 37 samples returned copper grades exceeding 2.00% Cu, with a maximum value of 9.33% Cu 19 samples returned oxide copper (CuOX) grades exceeding 2.00% CuOX, with a maximum of 6.51% CuOX 7 samples returned gold grades exceeding 0.30 g/t Au, with a maximum of 0.43 g/t Au 1 sample reported a silver grade of 52 g/t Ag Ag g/t Au g/t Cu% CuOX% Maximum 52 0.43 9.33 6.51 Average 4 0.18 2.82 1.63 'These results confirm the high-grade copper potential of the southern structure and reveal notable gold and silver anomalies. The mineralization style suggests the potential for a larger polymetallic system, warranting further exploration,' said Pierre-Olivier Goulet, VP of Corporate Development for Morocco Strategic Minerals Corp. The Corporation is currently designing a follow-up program that will include detailed mapping, trenching, and geophysical surveys to further evaluate the extent of mineralization and identify new targets across the 1: Surface samples showing copper mineralization. About the BMR Copper PropertyThe BMR Copper prospect covers an area of approximately 9 km², located southeast of Ouarzazate. It is accessible via the national road N9, which connects the cities of Ouarzazate and Zagora, and by a 2 km track from kilometer 24 of road N9. The permit area, characterized by historical copper and manganese workings, comprises predominantly volcanic and volcano-clastic terrains of Ediacaran age. The property contains two main zones of mineralization with varying styles of copper mineralization. To the south of the property a subvertical mineralized structure, with a 1.2 km strike length and up to 5m wide, is evidenced by the presence of a tectonic brecciation within a shear zone that is exposed at the surface. This structure is a brecciated quartz-carbonate vein with variable portions of chalcocite and malachite. The main zone of mineralization varies from 0.5m to 3m in width (locally reaching over a 5m width) and contains massive sulfide veins that dip steeply eastward. Initial surface sampling by Morocco Strategic Minerals from the exposed structure returned values up to 11.73% Cu and 5.53 g/t Au. To the north of the property, there is a historical copper quarry from which approximately 4,000 tonnes of material were extracted, most of this material remains on the property. The copper mineralization in the northern part occurs in veins or is disseminated within the volcanic rocks (rhyolite and porphyritic rhyodacite). The mineralization is late to post-volcanic in age and appears to be controlled by magmatic and tectonic structures. A zone of propylitic alteration surrounds this mineralization. About Morocco Strategic Minerals Morocco Strategic Minerals Inc. is a Canadian mineral exploration company focused on the acquisition, exploration, and, if warranted, development of natural resource properties of merit in Canada and Morocco. Qualified Person The technical and scientific information in this press release have been reviewed by Merouane Rachidi, Ph.D., an independent qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Sample Analysis Method Samples were prepared by African Laboratory for Mining and Environment ('Afrilab') in Marrakech, Morocco. All samples were analyzed for silver, copper, oxide copper (CuOX), iron, lead, and zinc using Aqua regia digestion followed by atomic absorption spectroscopy ('AAS'). Samples with above 5% Cu content were reanalyzed using titration method. Gold was analyzed using fire assay. Quality control protocols included the insertion of standards and blanks every 30 samples, in addition to those inserted by Afrilab, which also included pulp duplicates to ensure analytical reliability. Contact Information Pierre-Olivier GouletVice-President Corporate DevelopmentEmail: pogoulet@ Guy GouletPresident and CEOEmail: ggoulet@ information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as "will be," "expected," or variations of such words and phrases, or statements that certain actions, events, or results "will" occur. Forward-looking statements, including statements relating to the intended use of the net proceeds from the Offering, are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, level of activity, performance, or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. A photo accompanying this announcement is available at
Yahoo
22-04-2025
- Business
- Yahoo
Morocco Strategic Minerals Launches a Two-Phase Exploration Work at Timarighine
MONTRÉAL, April 22, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the launch of a two-phase exploration program on its Timarighine property, where it holds an option to acquire a 100% interest. Exploration Program This exploration initiative follows a recent site visit and preliminary investigation at the Timarighine property. Trench #1 was excavated perpendicular to a sub-vertical mineralized structure, interpreted to extend approximately 1 kilometer in length. Sampling along this trench has identified significant sulfides mineralization (figure 1) within a stockwork system of dykes, characterized predominantly by quartz, carbonates, iron oxides, hematite and pyrite, with minor chalcopyrite and arsenopyrite—minerals often associated with gold mineral systems. A total of nine grab samples were taken from the subvertical main structure with visible mineralization at shallow depths between 8 to 10 meters from the surface. They were assayed at African Laboratory for Mining and Environment ('Afrilab') in Marrakech, Morocco. All samples were analyzed for copper and returned values between 0.78 to 8.14% Cu. This type mineralization will serve as the focus for the forthcoming exploration efforts. Phase One, is expected to be completed before the end of April 2025 and consists in deepening existing trenches using mechanical excavators and dewatering pumps to access fresher, less-weathered dyke. A systematic horizontal channel sampling program will be conducted along the exposed mineralized structures to evaluate grade continuity and distribution. A local contractor has been hired to carry out this phase of the program. Following the completion of trenching and surface sampling, Phase Two will initiate a maiden diamond drilling campaign totaling between 1,000 and 2,000 meters. This phase aims to further delineate the mineralized zones at depth and evaluate the project's broader potential. The drilling program will be supervised by independent geological consulting firm GoldMinds Geoservices, with technical oversight provided on-site to ensure full compliance with National Instrument 43-101 reporting 1: The main structure showing sulfide mineralization. About the Timarighine Copper Property The Timarighine copper prospect is located in the Tazzarine rural commune within the Tazarine caïdat, Agdez district, Zagoura province, in Morocco's Drâa-Tafilalet region. Situated approximately 13 km northwest of Tazarine village, the property lies along the southern slopes of the Jbel Saghro in the eastern Anti-Atlas, an area renowned for copper mineralization, including the nearby Oumjrane deposit. Access to the site is available via national road R108, between Nkob and Tazarine, followed by a direct track to the Timarighine area. Covering approximately 64 km², the property comprises four contiguous exploration permits (3842563, 3842734, 3842735, and 3842736). The Timarighine property lies within an east-west trending depression on the southern front of the Precambrian-aged Saghro massif. Copper mineralization occurs along two parallel vein structures, known locally as "iron cap" zones, marked by extensive alteration zones with hematite and goethite iron oxides. The mineralized structures are characterized by a shear system oriented NNE-SSW and feature local stockwork zones of brecciated carbonate-quartz-pyrite-chalcopyrite veinlets. The two main mineralized veins extend approximately 650 meters and 300 meters in length, with variable widths up to 5 meters (Figure 1: Aerial View of Main Mineralized Structures). High-grade copper identified within these zones also hints at significant primary sulfide mineralization potential at depth, underscoring Timarighine's status as a high-value copper exploration Person The technical and scientific information in this press release have been reviewed by Merouane Rachidi, Ph.D., an independent qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Quality Assurance All grab samples were sent for preparation and assaying to African Laboratory for Mining and Environment ('Afrilab') in Marrakech, Morocco. All samples were analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy ('AAS'). Samples with above 5% Cu content were reanalyzed using titration method. About Morocco Strategic Minerals Morocco Strategic Minerals Inc. is a Canadian mineral exploration company focused on the acquisition, exploration, and, if warranted, development of natural resource properties of merit in Canada and Morocco. Contact Information Pierre-Olivier Goulet Guy Goulet Vice-President Corporate President and CEO Development Email: Email: pogoulet@ ggoulet@ 1-450-821-5270 1-514-294-7000 Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as "will be," "expected," or variations of such words and phrases, or statements that certain actions, events, or results "will" occur. Forward-looking statements, including statements relating to the intended use of the net proceeds from the Offering, are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, level of activity, performance, or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Photos accompanying this announcement are available at: in to access your portfolio
Yahoo
26-02-2025
- Business
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Morocco Strategic Minerals Closes Private Placement for a total amount of $1,000,0000
MONTRÉAL, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce the closing of a non-brokered private placement, raising total gross proceeds of $1,000,000 through the issuance of 10,000,000 units of the Corporation ("Units") at a price of $0.10 per Unit (the "Offering"). Each Unit consists in one common share of the Corporation (a 'Common Share') and one half of one Common Share purchase warrant (a 'Warrant'). Each whole Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share for a period of 24 months. All securities issued in connection with the Offering are subject to a statutory hold period ending four-month and one day from the date of their issuance, in accordance with applicable securities laws. The Offering remains subject to final approval from the TSX Venture Exchange ('TSXV'). In connection with the completion of the Offering, the Corporation expects to pay finder's fees in an aggregate amount of $70,000 and issue a total of 700,000 Warrants to arm's length third parties who assisted the Corporation by introducing subscribers to the Offering. The Corporation intends to allocate the net proceeds from the Offering towards the development of the Corporation's portfolio in Québec and Morocco, encompassing potential growth opportunities, as well as for general working capital purposes. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended, (the 'U.S. Securities Act') or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. PDAC Convention Morocco Strategic Minerals would like to invite its shareholders and other stakeholders to visit us at booth #3021 in the Investors Exchange Exhibition Room at the Prospectors and Developers Association of Canada (PDAC) Convention. The PDAC, one of the world's premier resource conferences, will be held at the Metro Toronto Convention Centre in Ontario from Sunday, March 2, 2025 to Wednesday, March 5, 2025. Previous Private placement With reference to the Corporation's press release issued on January 24, 2025, under the second tranche, the Corporation issued 2,987,500 units (instead of 3,087,500 units), at a price of $0.08 per unit, for gross proceeds of $239,000. In the aggregate, the Corporation raised gross proceeds of $939,000 and issued 11,737,500 Units under the Private Placement. Digital Marketing Services Agreement Further to the Corporation's press release dated January 24, 2025, announcing the engagement of Senergy Communications Capital Inc. ("Senergy") to provide digital marketing services, Senergy is a Vancouver, British Columbia based communications and media marketing company with the goal of helping public companies reach new investors and maintain relationships with shareholders using online strategies and paid ads. Senergy, has the ability to execute and deliver effective digital marketing services between public companies and investors. For more information regarding Senergy please visit: Senergy and its principal and Chief Executive Officer Aleem Fidai are at arm's length to the Corporation and advise they do not own any securities in the Corporation and do not have any right or intent to acquire an interest in the Corporation. About Morocco Strategic Minerals Morocco Strategic Minerals Inc. is a Canadian mineral exploration company focused on the acquisition, exploration, and, if warranted, development of natural resource properties of merit in Canada and Morocco. Contact Information Pierre-Olivier GouletVice-President Corporate DevelopmentEmail: pogoulet@ Guy GouletPresident and CEOEmail:ggoulet@ information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as "will be," "expected," or variations of such words and phrases, or statements that certain actions, events, or results "will" occur. Forward-looking statements, including statements relating to the intended use of the net proceeds from the Offering, are based on the Corporation's estimates and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, level of activity, performance, or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
