Critical Mineral Resources has found high-grade silver, copper and gold during drilling at its Agadir Melloul project in Morocco. The British exploration company released assay results from 21 new diamond drill holes. Two holes, BH 174 and BH 175, returned particularly high silver grades.
BH 174 delivered the strongest result. A 20cm section starting at a depth of 66 metres contained 5,390 grams of silver per tonne, 10.24% copper and 2.8 grams of gold per tonne.
The same hole also returned an average of 430 grams of silver per tonne over a wider 2.6-metre section.
BH 175 returned 402 grams of silver per tonne, 0.72% copper and 0.36 grams of gold per tonne over one metre.
The results suggest there could be a separate silver-rich structure controlled by a fault. BH 174 sits directly on the fault, while BH 175 was drilled close to a dense network of quartz-carbonate veins.
More drilling is needed to confirm the structure’s direction, depth, size and continuity.
The latest results add a potential silver target to a project that has mainly been explored for sediment-hosted copper.
The wider drilling programme now covers 272 holes and 11,347 metres of drilling across the property.
Critical Mineral Resources has previously identified an exploration target of 20m to 25m tonnes of mineralised rock at Agadir Melloul. The figure is an exploration target, not a certified mineral resource.
The company is also studying a potential open-pit mine with planned processing of between 650 and 1,000 tonnes of ore a day. Initial production is currently targeted for 2027-28, subject to further economic studies, permits and financing.
The latest discovery could add another source of value to the project if the high-grade silver mineralisation proves to be continuous over larger, mineable widths.
Critical Mineral Resources will continue drilling and geological work to determine how large the new silver zone could be.
