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Morocco Strategic Minerals Closes Private Placement for a Total Amount of $600,000
Globenewswire· 2025-12-19 18:54
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES MONTREAL, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation. (TSXV: MCC) ("MCC" or the "Corporation") announce the closing of a non-brokered private placement, raising total gross proceeds of $600,000 through the issuance of 6,000,000 units of the Corporation ("Units") at a price of $0.10 per Unit (the "Offering"). Each Unit consists in one common share of the Corporation (a “Common Share”) and on ...
Morocco Strategic Minerals Reports Initial Sampling Results from the Tifernine Property
Globenewswire· 2025-08-21 11:50
Core Viewpoint - Morocco Strategic Minerals Corporation announced positive results from its July 2025 sampling program on the Tifernine Property, indicating high-grade copper mineralization and significant potential for gold and zinc [1][11]. Sampling Program Overview - The Tifernine property spans approximately 16 km² and features several significant sub-vertical mineralized structures [2]. - A total of 14 channel samples (76 individual samples) were collected along the mineralized structure ST1, with additional grab samples from ST2 and ST3 [3][6]. Sampling Results - The sampling program highlighted the presence of high-grade copper mineralization, with 5 channel samples grading above 1.00% Cu and a peak value of 2.30% Cu [12]. - Notable results include: - Sample Tif-01: 0.025 g/t Au, 2.81 ppm Ag, 446 ppm Cu, 306 ppm CuOX, 314 ppm Pb, 683 ppm Zn over 2 meters [9]. - Sample Tif-11: 0.121 g/t Au, 6.42 ppm Ag, 2753 ppm Cu, 1543 ppm CuOX, 2511 ppm Pb, 3450 ppm Zn over 2 meters [9]. - Maximum zinc value of 17.75% Zn from sample Tif-07 [12]. Geological Context - The Tifernine property is characterized by Ediacaran rhyolitic and andesitic complexes intersected by ENE-WSW-oriented faults, hosting several sub-vertical structures [15][16]. - Structure ST1 is the most extensive, exposed over 600 meters of strike and reaching widths of up to 11 meters [7]. Future Plans - The company is designing a follow-up exploration program that will include detailed geological mapping and trenching to evaluate the continuity of mineralization and generate additional targets across the Tifernine property [11].