
businessJul 27, 20264:41pending
Critical Mineral Resources: geologist sees district-scale copper potential in Morocco
About this episode
Independent geologist Nigel Chapman spoke to Proactive's Stephen Gunnion after returning from a site visit to Critical Mineral Resources PLC (LSE:CMRS, FRA:98J)'s Agadir Melloul copper project in Morocco. Chapman said the project has the potential to be district-scale, with mineralisation that keeps extending east, south and north the more drilling is carried out - and with less than 5% of the land package drilled so far.
Chapman explained why the sediment-hosted copper deposit is attractive from an exploration standpoint: it outcrops at surface, dips gently eastward, and the mineralogy and geology are already well understood from core drilling completed to date. That means the team is essentially following known mineralisation rather than searching blind.
He described a potential hub-and-spoke development model, where a central processing plant handles ore trucked in from satellite deposits as they are discovered across the land package. He said this structure means the project can expand as exploration continues.
Looking ahead, Chapman said he will be watching whether the mineralogy of outlying deposits matches the main zone, and whether mineralisation remains tied to the unconformity between the basement rock and overlying sediments - the same horizon that controls copper at the main Aouam target.
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#CriticalMineralResources #CMR #copper #Morocco #mining #exploration #criticalmineral #juniorminig #commodities #ProactiveInvestors
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