Archive
Steadright Signs MOU Critical Mineral Titanium Project In Morocco
![]() | |||||||||
Not for distribution to United States Newswire Services or for dissemination in the United States
June 5th, 2025 – TheNewswire - Muskoka, Ontario – Steadright Critical Minerals Inc. (CSE::SCM) (“Steadright” or the “Company”) is pleased to announce that an MOU has been signed with the shareholders of NSM Capital, a Moroccan company, that controls 160 sq. km’s of contiguous mineral exploration licences that contain highly prospective Titanium Dioxide (TiO2) which is a classified as a Critical and Strategic Mineral in the U.S., Canada, Europe and a significant amount of countries in the World.
Steadright can earn up to 80% in the TitanBeach Titanium Project, which are contiguous mineral exploration licenses in the Cape Juby Strip known for its Titanium-rich beach sands on the Atlantic coastline of Morocco. Steadright has engaged an independent 43-101 study to be immediately commenced within the next week on the TitanBeach Titanium Project.
There has been a number of academic studies on the economic potential of the Moroccan beach sands and as Rutile TiO₂ has seen a steady increase in price as other critical minerals have due to similar factors in the marketplace, Steadright firmly believes that the investment environment for mining in Morocco is now. In recent years, factors including increased demand, supply chain disruptions, rising raw material costs and major supplies such as China increasing its export prices. Trade wars and regulations impacting global trade have also played a role in supply chain disruptions and price fluctuations. contributing to the overall price hike. With only a few world suppliers in the world dominating the market, TiO2 is in larger demand.
The TitanBeach Titanium licences can be converted to exploitation (production) licences once basic exploration work has been preformed. A recent historical sample done in 2023 shows 42 % Fe and 4.7% Ti from the property. Further samples are been obtained and a 43-101 report will commence within the next week.
Figure #1 Region Map Cape Juby Strip
CEO, Matt Lewis states that, “Morocco has a growing economy and is friendly to mining, which holds a lot of critical minerals. The 5 Year tax free incentive for Mineral Producers is a prime example of a friendly, safe and secure jurisdiction that wants miners to succeed and help continue to grow a prosperous Moroccan economy. I am very excited about the potential of Morocco and the TitanBeach Titanium Project”
Qualified Person
Mr. Robert Palkovits, P. Geo, a consultant to Steadright, who is a qualified person (“QP”) under the National Instrument 43-101 – Standards of Disclosure of Mineral Projects has reviewed and approved the scientific and technical information in this press release.
ABOUT STREADRIGHT CRITICAL MINERALS INC.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright currently holds an option on its RAM property near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by route 138. The RAM project is comprised of over 13,000 acres and located on an Anorthositic complex that is in a highly prospective geological unit and historically been under explored for Ni, Cu, Co and precious metals.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, please contact:
Matt Lewis
CEO & Director
Steadright Critical Minerals Inc.
Email: info@steadright.ca
Web: www.steadright.ca
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, level of activity, performance or achievements of Steadright to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: there is no certainty that the ongoing programs will result in significant or successful exploration and development of Steadright’s properties; uncertainty as to the actual results of exploration and development or operational activities; uncertainty as to the availability and terms of future financing on acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities, junior market securities and mining exploration company securities; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation or income tax legislation, affecting Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.