Critical Mineral Resources plc has appointed Dominic Traynor as non-executive chairman. Mr Traynor was appointed a non-executive director of the company two years ago under its previous name of Caerus Mineral Resources. Over the last year he has worked with the management on the evolution of the CMR’s strategy and its transition to an exploration and […]
Tag: Morocco
CMR plans further exploration on positive Ifri results
Critical Mineral Resources plc plans further exploration following positive initial prospecting at Ifri in the Anti-Atlas, Morocco. DEPTH The project demonstrated copper and silver in multiple shear zone and quartz vein structures with some structures containing gold mineralisation. Channel sample assays include 3.1% copper and 17 g/t silver, 1.95% copper and 15 g/t silver, and […]
CMR conditionally raises £250,000 via placing
Critical Mineral Resources plc has conditionally raised approximately £250,000 before expenses via a placing. KM SECURITIES The placing comprised 12,242,252 new ordinary shares in the company and 8,018,646 treasury shares, at a price of 1.25 pence per new ordinary share. KM Securities Pty Ltd, in which Critical Minerals non-executive director Russell Thomson is 50% shareholder, acquired 2 […]
CMR adds 26 polymetal permits to Morocco portfolio
Critical Mineral Resources plc (CMR) has added 26 exploration permits prospective for copper, antimony, tungsten, lead-zinc and gold to its Morocco portfolio. INFRASTRUCTURE The new permits were secured through an all-share acquisition of Hesperis Resources SARL, of which CMR’s new chief operating officer Noureddine Sabraoui is a 25% beneficial owner. Sixteen of the permits are […]
CMR sets up Morocco ‘incubator portfolio’
Critical Mineral Resources plc (CMR) has started its Moroccan acquisitions with an “incubator portfolio” and a binding deal for an advanced copper-silver project. DISTINCT PROJECTS The company said it had identified a number of open areas prospective for copper, silver, manganese and barite while it continues fieldwork on prospective areas. Local subsidiary Atlantic Research Minerals […]
CMR condolences on Morocco earthquake
Critical Mineral Resources plc has offered its condolences to those affected by the earthquake in Morocco. “The company was deeply saddened to hear the news of the earthquake that occurred in Morocco on Friday, 8 September and expresses its condolences to all those affected,” said the company in a statement. “CMR will be supporting and […]