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Altus announce copper and silver discoveries at Agdz Project

Published by
Global Mining Review,


Altus Strategies Plc has announced the discovery of further copper and silver mineralisation at its 100% owned Agdz project, located 14 km southwest of the Bou Skour copper and silver mine in the eastern Anti-Atlas of the Kingdom of Morocco.

Highlights

  • Further copper and silver discoveries at Agdz project in central Morocco.
  • New 450 m long zone at Makarn North Prospect with grades up to 3.5% copper (Cu) and 308 g/t silver (Ag).
  • Discovery follows the previously announced 'predictive mapping' project.
  • Programmes at other prospects continue to generate encouraging results, including:
    • 3.59% Cu and 149 g/t Ag from 1.4k m long Makarn South Prospect.
    • 4.67% Cu and 308 g/t Ag from 1.4 km long Makarn North Prospect.
    • 2.45% Cu and 2.25% Cu from 2 km long Amzwaro Prospect.
    • 2.12% Cu and 1.99% Cu from 150 m long Miniére Prospect.
  • Mapping and Induced Polarisation geophysical survey ('IP') to be undertaken in 1Q21.

Steven Poulton, Chief Executive of Altus, commented: "We are delighted to report on further discoveries at the Makarn North prospect, as well as continued positive exploration results elsewhere on our 100% owned Agdz copper-silver project, located in the Eastern Anti-Atlas of Morocco. Makarn North comprises a 1.4 km long prospect, with grades up to 4.67% Cu and 308 g/t Ag from surface sampling. The discoveries are a result of the previously announced and pioneering 'predictive mapping' programme undertaken by Altus in partnership with the Bureau de Recherches Géologiques et Minières (BRGM) Campus at the University of Orléans in France.

"Agdz is located just 14 km southwest of the Bou Skour copper and silver mine, which is operated by Moroccan state mining group Managem. While mineralisation hosted at Bou Skour is not necessarily indicative of that at Agdz, the project is clearly exceptionally well located in an established and highly prospective mining district. The next phase of work at Agdz will include an IP geophysical survey to define targets for trenching and ultimately drill testing. We look forward to updating shareholders on progress in due course."

Sampling methodology and analysis

A total of 168 rock samples were collected from outcrop and 3 grab samples from spoil for the exploration programme described in this release. Of the samples collected 69 samples (40%) were >10 g/t Ag, 66 samples (39%) between 1 – 10 g/t Ag and 36 samples less than 1 g/t Ag (21%).

All sample preparation was undertaken by ALS Global in Seville (Spain). Samples were then securely transported for assay by ALS Global Loughrea (Republic of Ireland). Given the early stage nature of these programmes no QAQC samples were included.

Rock samples were crushed with 70% passing -2 mm. The less than 2 mm fraction was pulverised with 85% of the sample passing <75 microns. All samples were analysed for a multi element suit of 33 metals by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES). In addition, all samples were analysed for their Au content by 50 g Fire Assay method. Samples with more than 1 g/t Au were resubmitted for Fire Assay with a gravimetric finish.

Read the article online at: https://www.globalminingreview.com/exploration-development/10122020/altus-announce-copper-and-silver-discoveries-at-agdz-project/

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This article has been tagged under the following:

African mining news Copper mining news Silver mining news