Canadian silver exploration company Trigon Metals announced its expansion in Morocco after receiving seven exclusive licenses covering 112 square kilometers in the Addana Mountains of Southern Morocco.
The newly granted licenses will enable the Canadian company to explore lead and to silver in the country considering Morocco’s popularity as the top producer of silver in Africa.
Trigon Metals will be able to conduct operations for three years in Morocco thanks to these combined permissions, with the possibility of renewal.
The mining work will be located in the region of the Imitate and Zgounder mines, two minerals that have been exploited for mining for hundreds of years.
“The Addana project is yet another example of Morocco’s potential for world-class enterprises. The licenses cover seven significant literal locations where lead veins carrying silver can be found” said Trigon Metals CEO Jed Richardson.
Exploration work at Trigon Metals’ new properties is anticipated to begin within six months. By developing the mine, the firm will assist maintain Morocco’s position as one of the world’s top silver producers.
In addition to the Addana project, the Canadian firm is present in Morocco through the Silver Hill project, a high-potential copper and silver exploration project covering more than 16 square kilometers in Morocco’s Low Atlas Mountains, which are already the site of the biggest silver mines in the area.
The Addana permit area is 14 times larger than the target region at Silver Hill, and the old workings are far more omnipresent, according to Trigon Metals.
The Addana Project is situated in the Tata province, close to Akka and about 300 miles away from Agadir.
Morocco produced 8.5 million ounces of silver from its mines in 2022, placing it 16th in the world and making it the only African country to make the top 20, according to precious metals research company Metal Focus.
Trigon Metals is currently active in Namibia and Morocco. The company has an 80% interest in five mining licenses in the Otavi Mountain lands of Namibia, where it is primarily focused on exploration and the redevelopment of the Kombat mine.
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