(Ecofin Agency) - CMR is one of the many companies interested in the Moroccan subsoil. The Northern African country is the continent’s leading silver producer and one of the biggest phosphate producers in the world.

Critical Mineral Resources (CMR) confirmed the presence of copper, silver, and gold in multiple areas at its Ifri project in Morocco. Results from a sample analysis carried out by the firm have revealed intercepts of copper mineralization at a grade of 3.1%, along with 17 g/t of silver and 0.86 g/t of gold.

"We are very excited about the Ifri project and its potential to host both copper-silver and gold deposits. Ifri is situated within a mineralized system, and we will now focus on systematic exploration and target generation for drilling," commented Endeavour CEO Charlie Long.

According to details read by Agence Ecofin, the exploration program planned for Ifri includes detailed mapping, geochemical prospecting, geophysical surveys, and efforts to identify targets for future drilling campaigns.

Ifri is one of CMR’s recently acquired projects to show promising results. Located in a mining belt renowned for hosting significant copper, silver, and gold mines (such as Imiter, Tiout, Bou Skour, and Tagmout), the project is close to areas where artisanal miners operate.

Over the past few months, CMR has acquired several projects in Morocco, with a focus on copper. Its primary assets include the Anzar Copper (copper, silver), Meseta, and Ighrem (manganese, copper, silver) projects.