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Steadright Advances Historic Goundafa Mine Exploration in Morocco

Steadright Critical Minerals advances Goundafa Mine exploration in Morocco, targeting 6.62M tons of copper-lead-zinc-silver-gold resources. Drilling planned for 2025-2026 to confirm historic values.

The revival of the Goundafa Mine represents significant potential for global critical mineral supply chains at a time when demand for copper, zinc, lead, silver, and gold continues to grow amid energy transition needs. Successful exploration and eventual production could contribute to diversifying mineral sources beyond traditional mining regions, potentially stabilizing prices and supply security for industries ranging from electronics to renewable energy infrastructure. For investors, this represents an opportunity in a company focused on near-term production assets in a jurisdiction actively supporting mineral development. The project's historical production credentials and accessible infrastructure suggest lower development risks compared to greenfield exploration projects, while the substantial conceptual resources indicate meaningful scale potential if confirmed through modern drilling techniques.