Morocco Strategic Minerals Reports 14.88% Copper and 696 g/t Silver at Ouneine and up to 4.16 g/t Gold at Ait Zekri
Morocco Strategic reports high-grade grab samples from its Ouneine and Ait Zekri deposits, advancing its Moroccan portfolio.
Morocco Strategic Minerals Corporation (MCC) reported high-grade grab sampling results from its Ouneine and Aït Zekri projects in Morocco's Western High Atlas.
- Ouneine grab samples returned up to 14.88% Cu and 696 g/t Ag, with 37 samples exceeding 1.0% Cu and 8 samples exceeding 5.29% Cu.
- Aït Zekri grab samples returned up to 4.16 g/t Au, including underground gallery samples confirming mineralization up to 2.11 g/t Au.
The company established a dedicated in-country exploration team consisting of two geologists and three technicians, and completed drone-based topographic surveys and 3D laser scans of historical workings. MCC holds an exclusive option to acquire up to an 80% interest in a broader district-scale portfolio and a separate option to acquire 100% of the Ouneine Mine exploitation license, expected to be exercised before the end of 2026.
These findings are incremental to prior announcements and do not constitute drill results or resource definitions.
The high-grade values align with the district-scale option agreement announced on April 20, 2026, which already highlighted similar Cu-Ag and Au anomalies. The market likely priced in this potential upon the April announcement.
There is no material change to the company's valuation, financing status, or near-term catalysts. The focus remains on advancing due diligence and securing the Ouneine license exercise.
Morocco Strategic Minerals Corporation is an exploration-stage company focused on copper, silver, and gold assets in Morocco's Western High Atlas region. Its flagship projects include the Ouneine Mine, which targets copper and silver, and the Aït Zekri project, which focuses on gold.
The company holds options to acquire up to 80% of a district-scale portfolio comprising five exploitation licenses, two research permits, and environmental authorization for a central flotation plant. In a strategic pivot to focus exclusively on Morocco, the company is divesting its Quebec assets, specifically the Sakami property, to Visible Gold Mines Inc.