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Morocco Strategic Minerals Corp. Announces District-Scale Option Agreement in Morocco's Western High Atlas
MONTRÉAL, April 20, 2026 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation (TSXV: M...
About this update from Morocco Strategic Minerals Corporation
[{"type":"text","content":"Morocco Strategic Minerals Corp. Announces District-Scale Option Agreement in Morocco's Western High Atlas\nMONTRÉAL, April 20, 2026 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation (TSXV: MCC) (\"Morocco Strategic Minerals\" or the \"Corporation\") is pleased to announce that it has entered into an option agreement dated April 15, 2026 (the \"Option Agreement\") with MNF Groupe Inc. (\"MNF\"), a Moroccan mining company and subsidiary of Broychim S.A., pursuant to which MCC has been granted an exclusive option to acquire up to an 80% interest in a portfolio of mineral assets located in the Western High Atlas region of Morocco. The option covers five exploitation licences, being 373220 (Tanfit Mine), 373221 (Ijoukak), 373422 (Amsghni), 393506 (Aït Zekri Mine) and 393505 (Ighrm), two research permits, being 3941791 (Tamadghoust) and 3942613 (Tizgui), and the environmental authorization relating to the construction of a central flotation plant attached to licences 393506 and 393505 in the Ouneine Valley. In parallel, the Company has also secured a separate option to acquire a 100% interest in licence 393512 (Ouneine Mine), which, if exercised, would bring MCC's regional portfolio in the Ouneine Valley to six exploitation licences, two research permits and the environmental authorization for the construction of a central flotation plant. A Historical Mining Camp with District-Scale Exploration Potential The transaction provides MCC with exposure to a historical copper-gold-silver mining camp located in Morocco’s Western High Atlas. The property package covers more than 57 km² and comprises multiple past-producing mines, underground workings, mineralized structures, legacy production centres, and stockpiles within a consolidated land position. The most notable include the Tanfit (Cu-Ag), Ouneine (Cu-Ag), and Aït Zekri (Au-Ag) mines. In the Company’s view, the primary opportunity lies in the contrast between a well-established historical mineral endowment and the limited extent of modern, systematic exploration completed to date. Across the Ouneine–Ijoukak area, mineralization is associated with repeated faulting, quartz veining, sulphide development, hydrothermal brecciation, and strong alteration, with structures extending along kilometre-scale trends. At Aït Zekri, gold-bearin...