en.Wedoany.com Reported - London-listed Xtract Resources has obtained a mining license for the Amghas antimony project in northwestern Morocco and has relocated the existing processing infrastructure from Casablanca to the project site.

Wildstone, an 80%-owned joint venture of the company, is finalizing processing license documentation to install a gravity processing plant on site. This is part of the first phase of the regional processing strategy.

The gravity processing plant is initially planned to handle output from the Amghas mine as well as ore from third-party small-scale mines. It will subsequently support the development of a larger central flotation plant, which is planned to process materials from Amghas, the adjacent Ighoud mine, and local small-scale mines.

Colin Bird, Executive Chairman of Xtract Resources, stated that the granting of the Amghas mining license and the rapid mobilization of processing infrastructure represent a significant milestone for the company's development in Morocco. With the completion of rehabilitation work, positive resource assessment results, and the imminent commissioning of a gravity processing plant with an annual capacity of 70,000 tonnes, Wildstone has a clear path to achieving antimony concentrate production in the short term. This will provide a strong commercial proof for the feasibility of the planned larger flotation plant and the broader regional antimony strategy.

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