FULL DISCLOSURE: The Deep Dive is long the equity of Steadright Critical Minerals.
Steadright Critical Minerals (CSE: SCM) is moving forward on the development of their TitanBeach One project in Morocco. The company this morning announced the filing of a Technical Report for the project, while at the same time indicating that they are expected to receive licensing for the project in the “near future”,
That licensing specifically pertains to an Environmental and Mining License, which would enable the company to begin processing the sands from the property. An application for a mining license was applied for at the end of 2025.
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Assays from the sands project are said to have returned Fe203 values of up to 79.5%, and TiO2 values as high as 14.9%. Steadright has stated that they are currently focused on the development of TitanBeach One, with the Technical Report focusing exclusively on this portion of the property.
Assay results meanwhile are still pending from an exploration program conducted on TitanBeach Two in late November and early December.
“We are a company that does what we say we will do. When it comes to TitanBeach, that’s a promise made – and a promise kept. The Canadian and Moroccan team have our noses to the grindstone and will be moving forward on the titanium sands as fast as is doable,” commented Matt Lewis, CEO of Steadright.
Steadright Critical Minerals last traded at $0.27 on the CSE.
FULL DISCLOSURE: Steadright Critical Minerals is a long investment of Canacom Group, the parent company of The Deep Dive. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
