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

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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

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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.”