Bouskour project

The Bou Skour copper deposit is situated in the eastern part of the Anti-Atlas belt about 50 km East of the city of Ouarzazate. The first discoveries of this mining district date back to medieval times and subsequently was mined by “la Société Minière de Jbel Sarhro” in the 1940’s. Mining activity was continued in 1948 by “la Société Minière d’Issougri” and then by “la Société Minière de Bou Skour”, which in 1950 revealed interesting anomalies through geophysical prospecting. 
After several years of closure, starting in 2008, Reminex, a subsidiary of Managem Group, began extensive exploration programs, including geophysical survey and more than 100,000 m of core drilling, leading to the discovery of 19 million tons of M&I Mineral Resources at 1,44% Cu and 12 g/t Ag.  The inferred mineral resources are 5.4 Mt grading 0.98% Cu, 10 g/t Ag. The Feasibility Study completed in 2018 reported proven and probable reserves of 9 million tons at an average copper grade of 1.61%. Owing to its Transformational Strategy and the criticity of copper for Green Energy  , Managem has invested in an exploration program supported by new technologies to increase the Tier size of the project and improve its economic fundamentals. This strategy is supported by the ready-made Brownfield targets and the potential of the Saghro province.