REG-Critical Mineral Resources Plc: Mining Licence

Critical Mineral ResourcesAnnouncement

Today 07:02

26 February 2026

 

 

 

 

Critical Mineral Resources Plc

Agadir Melloul Mining Licence

 

Critical Mineral Resources is pleased to announce that a Mining Licence has
been awarded for Agadir Melloul, marking an important step forward as the
Company accelerates development towards production.

 

The Mining License is 14.6km          2           and covers Zone 1 North and
Zone 2, which remain the focus of recent and ongoing drilling. This area forms
the footprint of the planned Initial Mine, which is expected to be developed
as an open pit.

 

Highlights

 
*                        Mining Licence granted for the Zone 1 North and Zone
2, covering the planned Initial Mine area                     
*                        Initial licence period of 10 years and renewable
thereafter                     
*                        Mining Licence area of 14.6km                        
         2                                 
*                        First of several anticipated milestones in 2026,
including a Maiden Resource Estimate targeted for late Q2 to early Q3 2026
 


Charlie Long CEO commented:

 

“We are delivering strong, value-accretive progress at the Agadir Melloul
and remain focused on advancing towards production as soon as practicable. The
award of the Mining Licence is a major milestone and further underlines
Morocco’s credentials as a supportive and attractive mining jurisdiction. I
would like to thank our joint venture partner and the regional government for
their continued support as we move into a busy and exciting period of
delivery.”

 

 

ENDS

 Critical Mineral Resources plc   Charles Long,  Chief Executive Officer  info@cmrplc.com       
 Shard Capital LLP   Erik Woolgar  Damon Heath                            +44 (0) 207 186 9952  

 

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, silver 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.

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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