Morocco Strategic Minerals Corp Announces Major Option Agreement

MONTRÉAL, April 20, 2026 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals Corporation (TSXV: MCC) ("Morocco Strategic Minerals" or the "Corporation") is pleased to announce that it has entered into an option agreement dated April 15, 2026 (the "Option Agreement") with MNF Groupe Inc. ("MNF"), a Moroccan mining company and subsidiary of Broychim S.A., pursuant to which MCC has been granted an exclusive option to acquire up to an 80% interest in a portfolio of mineral assets located in the Western High Atlas region of Morocco. The option covers five exploitation licences, being 373220 (Tanfit Mine), 373221 (Ijoukak), 373422 (Amsghni), 393506 (Aït Zekri Mine) and 393505 (Ighrm), two research permits, being 3941791 (Tamadghoust) and 3942613 (Tizgui), and the environmental authorization relating to the construction of a central flotation plant attached to licences 393506 and 393505 in the Ouneine Valley.

Morocco Strategic Minerals Corp. has announced a significant district-scale option agreement in the Western High Atlas region of Morocco. This agreement represents a strategic move for the company as it seeks to enhance its mineral exploration and extraction capabilities in this resource-rich area.

The option agreement covers a substantial area and is set to provide Morocco Strategic Minerals with a critical foothold in the mining sector. The Western High Atlas is known for its diverse mineral resources, making it an attractive prospect for exploration. The company is optimistic about the potential for discovering valuable minerals, and this agreement is a fundamental step in advancing their operations.

Additionally, the management team at Morocco Strategic Minerals has expressed confidence in the geology of the region. The Western High Atlas is characterized by its favourable geological conditions which can lead to the discovery of high-quality mineral deposits. This optimism is bolstered by the comprehensive geological surveys that the company intends to conduct on the acquired district.

In light of the growing global demand for minerals, particularly those crucial for green technologies, Morocco Strategic Minerals is positioning itself to meet the needs of the market. The company's strategic initiatives are aimed at ensuring sustainable mining practices while improving economic opportunities in the region.

This option agreement not only represents a potential financial boost for Morocco Strategic Minerals but also highlights the increasing investment interest in Morocco's mineral sector. The government of Morocco has been taking steps to promote foreign investment and development in the mining industry, which adds further optimism for the company’s operations.

The management of Morocco Strategic Minerals is set to proceed with further exploration activities in the coming months, aiming to unlock the full potential of the Western High Atlas region. This could lead to new discoveries and the eventual development of mining operations that would contribute to both the company’s growth and the economic advancement of Morocco.