REG-Critical Mineral Resources Plc: Drill Rig Arrival

Critical Mineral ResourcesAnnouncement

20/11/2025 07:02

20 November 2025

 

 

 

Critical Mineral Resources Plc

Diamond core rig arrived on site

 

Critical Mineral Resources plc (“CMR”, “Company”) is delighted to
announce the arrival of its diamond core drilling rig at Agadir Melloul,
marking a major step forward that puts the project in an excellent position to
accelerate drilling activity. The team is now focused on commissioning the rig
as quickly as possible, with the first bore hole expected to be drilled during
the first half of December.

 

Highlights

The Company’s fully refurbished Discovery HD track-mounted diamond core
drill has arrived at Agadir Melloul.                     Some important
features:
*            Fitted with brand new Caterpillar            308E steel tracks
for rapid moves between drill pads          
*            Compact, robust design with a heavy-duty telescopic mast and
powerful hoisting winch capable of pulling the complete drill string from the
ground and pulling in 20 ft sections          
*            Drilling depth capacity of 1400m NQ (47.6mm core), 876m HQ
(63.5mm core)          
*            Delivered with new consumable parts such as jaws, bushings and
comprehensive remote site spares kit to minimise risk of downtime
The rig is expected to be operational during the first half of December,
almost immediately doubling our drilling capacity.

 

Charlie Long CEO commented:

“It has been quite a journey for our Discovery HD rig and its arrival
represents an important milestone for the project. The rig has undergone a
comprehensive refurbishment and is effectively as good as new.                
                                               With proper care, we expect it
to deliver consistent performance for the next decade and provide significant
per metre cost savings.

Multi Power, the manufacturer, was extremely supportive, generously installing
a brand new feed cylinder, instead of resealing the original, replacing key
components including foot clamp, and completely stripping and professionally
repainting the mast. New Cat 308E tracks were also sourced and installed to
ensure maximum efficiency.

The additional refurbishment and some shipping complications meant the rig
arrived later than originally planned. It is a testament to our team on the
ground, and the advantages of operating in Morocco, that once we knew of the
delay, we were quickly able to secure the services of a trusted drilling
contractor who began work immediately, ensuring that progress continued
uninterrupted.

We are now carefully unpacking and inspecting all components, and with our
newly appointed drill operator already in place, the team is ready to
commission and bring the rig into operation without delay. The arrival of our
rig puts us in an excellent position to significantly accelerate drilling and
to advance on all fronts, simultaneously drilling both the sedimentary copper
deposit and the exciting new Rhyolite discovery.

We look forward to seeing the Discovery HD drill its first holes in the first
half of December”.

 

Fig.1                                                               
Discovery HD track-mounted diamond drill at Agadir Melloul

   

Source: Company

 

 

ENDS

 

 Critical Mineral Resources PLC  Charles Long,  Chief Executive Officer  info@cmrplc.com       
 AlbR Capital  Jon Belliss                                               +44 (0) 20 7399 9425  

 

Notes To Editors

Critical Mineral Resources (CMR) PLC is an exploration and development company
focused on developing assets that produce critical minerals for the global
economy, including those essential for electrification and the clean energy
revolution. Many of these commodities are widely recognised as being at the
start of a supply and demand super cycle.

CMR is building a diversified portfolio of high-quality metals exploration and
development projects in Morocco, focusing on copper, manganese and potentially
other critical minerals and metals. CMR identified Morocco as an ideal
mining-friendly jurisdiction that meets its acquisition and operational
criteria. The country is perfectly located to supply raw materials to Europe
and possesses excellent prospective geology, good infrastructure and
attractive permitting, tax and royalty conditions. In 2023, the Company
acquired an 80% stake in leading Moroccan exploration and geological services
company Atlantic Research Minerals SARL.

The Company is listed on the London Stock Exchange (CMRS.L). More information
regarding the Company can be found at                      www.cmrplc.com



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