Xtract Resources holds an 80% interest in Moroccan exploration and mineral development company Wildstone-SARL, which is focused on the discovery and development of antimony, copper and silver deposits across central Morocco.
Wildstone hold a large portfolio of exploration licences within Morocco’s historic Antimony Triangle, an established mining region bounded by Rabat, Fez and Khenifra. The Company’s immediate focus is the reinstatement of the historic Amghas and Ighoud antimony mines, while continuing exploration across the wider licence package to support longer-term resource growth.
Amghas Licences
Acquired in 2025, the Amghas licences cover approximately 32km² in Khenifra Province and host multiple antimony sulphide veins with recorded grades exceeding 40% Sb. The deposits were last mined in the late 1950s and contain extensive underground workings, exposed mineralised structures and significant potential to expand known mineralisation through modern exploration.
Work to reinstate the Amghas mine has progressed rapidly, including geological mapping and sampling, metallurgical test work, an environmental impact assessment and feasibility studies. Exploration has identified additional mineralisation grading between 15% and 40% Sb within expanded mineralised zones, while flotation test work has consistently produced concentrate grades of approximately 65% Sb.
Following the award of a mining licence in 2026, construction and commissioning of a small-scale gravity processing plant commenced on site, marking the transition into production. Once production is underway it is the intention to build a centralised flotation facility that will produce a higher-grade final product.