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Technical Study

Steadright Announces Titanbeach One 43-101 Initial Technical Report

By The Northwire Desk — AI Analysis Jan 20, 2026 · 08:00 SCM · 0.27 Steadright Critical Minerals Inc.
SCM · Price

Executive Summary

  • Steadright Critical Minerals Inc. filed its NI 43‑101 technical report for the TitanBeach One project in Morocco on SEDAR, confirming previously announced assay results.
  • The report, prepared by ABG Exploration Inc., shows sand samples with Fe₂O₃ up to 79.5% and TiO₂ as high as 14.9%, indicating significant ilmenite‑titanomagnetite potential.
  • The company is awaiting environmental and mining licences for TitanBeach One and has paused further work on Beach Two pending additional assay results.

Key Details

  • Technical Report: NI 43‑101 (Form 43‑101) filed on SEDAR; prepared by ABG Exploration Inc.; no material differences from the September 16 2025 announcement.
  • Assay Highlights (TitanBeach One):
  • Fe₂O₃ values up to 79.5 %.
  • TiO₂ values up to 14.9 %.
  • Presence of ilmenite, titanomagnetite, magnetite, leucoxene and rutile‑bearing sands.
  • Licensing Status: Application for Moroccan environmental and mining licences submitted end‑2025; decision expected “in the quite near future.”
  • Project Focus: Company will concentrate resources on TitanBeach One while awaiting additional assay results from late‑Nov/early‑Dec 2025 for Beach Two.
  • CEO Statement (Matt Lewis): Emphasized commitment to delivering on TitanBeach promises and accelerating titanium sand development.
  • Related Agreements: Mention of a recently signed MOU for the historic Goundafa Mine (no further details disclosed).

Notable Quotes

“We are a company that does what we say we will do. When it comes to TitanBeach, that’s a promise made – and a promise kept.” – Matt Lewis, CEO & Director

“The Canadian and Moroccan team have our noses to the grindstone and will be moving forward on the titanium sands as fast as is doable.” – Matt Lewis, CEO & Director

Read the original news release →

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