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.
Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...
TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...
IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...
Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...
BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...
EU launches €2M deforestation-free cocoa project in Ghana Targets 5,000 farmers, 1,000 hectares agroforestry rehab Aims to meet 2025 EU import...
Aliko Dangote becomes first African worth over $30 billion Wealth boost driven by refinery launch, soaring stock values Plans to list refinery...
Dangote targets $100B annual revenue within five years Growth driven by refinery, regional exports, Afreximbank support Calls for African...
72 countries sign UN Cybercrime Convention in Hanoi Treaty aims to boost global cooperation, evidence sharing Critics warn of weak safeguards,...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...
Asmara, the capital of Eritrea, is often described as Africa’s modern city for its remarkable architectural heritage and forward-thinking urban design....