8th Jan 2026 15:11
Critical Mineral Resources PLC - London-based resource developer targeting Moroccan metals - Announces that its newly commissioned diamond drill rig has successfully produced its first core from Zone 1 North, which the company says marks an "important milestone", supporting the next phase of exploration and project advancement. Critical Mineral adds that a Morocco-based team is positioned to support an accelerated programme through 2026. Chief Executive Officer Charlie Long says: "The commissioning of our company owned drill rig is a genuine step-forward for the project. Having this capability in-house gives us far greater control over the drill programme and paves the way for reduced drilling costs. Our drilling team is reporting that the Multi-Power Discovery HD is powerful, productive and straightforward to operate, making rapid progress through carbonate and igneous rocks. Importantly it also provides us with the capability to explore deeper targets as required, including as we continue hunting for the source of the mineralised rhyolite."
Current stock price: 2.50 pence each, down 12% on Thursday afternoon in London
12-month change: up 67%
By Tom Budszus, Alliance News slot editor
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