Morocco Strategic Minerals Reports New Gold Mineralization North of Ait Zekri and Announces Stock Option Grants

Morocco Strategic Minerals Corporation (MCC) released surface rock sampling results from the Tamdghoust exploration permit, identifying gold-bearing quartz veins with significant silver and copper mineralization. The sampling program extended the known mineralized trend by approximately 2,800 metres north of the historical Aït Zekri mine.

Gold highlights include 2.57 g/t Au (TM-GB-0006) and 2.33 g/t Au (TM-GB-0016). Copper and silver highlights reached 4.27% Cu and 193 g/t Ag (TM-GB-0049).

The release compiled historical drilling data from Aït Zekri (holes SAZ-12, SAZ-13, SAZ-17, SAZ-6), confirming a continuous mineralized system open at depth and along strike. MCC is accelerating site preparation, including cleaning, dewatering, and safety assessments, and is targeting initial exploration and resource-definition drilling before the end of 2026.

The company granted 4,920,000 stock options to directors, officers, and team members at an exercise price of C$0.25 for a five-year term.

Morocco Strategic Minerals Corporation (MCC) released an incremental exploration update that aligns with its stated roadmap of advancing sampling programs toward drilling. The company reported an extension of the mineralized trend by 2,800 meters. While this expansion is geologically positive, the project remains at the prospecting stage, and no resource estimate or drilling results were provided.

The company also announced a stock option grant, a standard administrative action intended to align management interests. The options carry a $0.25 exercise price, which is currently out-of-the-money relative to the $0.20 share price. This structure limits immediate dilution but adds potential future overhang.

No new financing, major contract, or regulatory milestone was triggered by the announcement. The market likely priced in continued exploration progress following the company's July and August sampling updates.

Morocco Strategic Minerals Corporation is a mineral exploration company focused on the Western High Atlas region of Morocco. Its flagship portfolio includes the Aït Zekri (gold), Ouneine (copper-silver), Tanfit, and Ijoukak properties, acquired via an option agreement with MNF Groupe Inc. for up to an 80% interest. The company also holds a separate option for 100% of the Ouneine Mine exploitation license.

Management transitioned in May 2026, with Guy Goulet appointed Executive Chair and Pierre-Olivier Goulet as President and CEO. Guy Goulet brings prior experience as CEO of Maya Gold & Silver. The company is divesting its Quebec assets (Sakami) to focus capital on Moroccan exploration.