Ontario - Steadright Critical Minerals Inc. (CSE: SCM) ('Steadright' or the 'Company'), a resource exploration company focused on near-term production announces that the former property owner EMTF Sarl had applied for a Mining License and Environmental Permit on the 'Copper Valley' HISTORIC COPPER-LEAD-SILVER PROJECT that Steadright has just acquired.
The licences applied for are for the exploration permit No. 3843143 that Steadright is putting into NSM Capital Sarl, a Moroccan-based company.
Steadright consulted its Moroccan Geological team over the weekend and they are expecting within the next Month to receive the Mining License. NSM Capital Sarl management in Morocco have taken over this process and plan on closing it as soon as possible. Steadright has a 75% interest in the common shares of NSM through a shareholder agreement with Critical Foundation Metals Inc. (CFM), which owns 25%.
The Historical Goundafa Polymetallic Copper-Zinc-Lead-Silver-Gold Mine, with a conceptual model of 6.62 million tons with grades of 2.1% Zn, 1.8% Pb and 1.5% - 2.1% Copper and up to 3.5 g/t Gold (October 28th, 2025 press release) is moving forward with its news-released removal of the site's mineralized stockpiles. Steadright will be starting the removal of the 'Mineralized Stockpiles' at the end of April 2026.
The contract was signed with MoResCo Sarl for the purchase of up to 14,400 metric tons of mineralized stockpile. Recent weather at the Mine site has hampered efforts, but now a firm date for its commencement has been set.
Steadright CEO, Matt Lewis, states, 'Steadright is a country play whose 'North Star' is the finding strong assets and moving them forward in a smart and rapid manner. We are very happy, both with the Copper Valley mining license application's progress and the plans to get revenue from the historic Goundafa Mine's mineralized stockpiles.'
ABOUT STEADRIGHT CRITICAL MINERALS INC.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium Project, and found in the Southern Provinces of Morocco. Steadright has also recently signed an MOU for the historic Goundafa Mine within the Kingdom of Morocco.
Contact:
Matt Lewis
Email: enquires@steadright.ca
Tel: 1-905-410-0587
Web: www.steadright.ca
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