Altus Strategies Plc has announced the granting of three new distinct exploration projects, as well as exploration licences adjacent to existing projects, totalling 221 km2 in the Kingdom of Morocco. The projects were awarded to the company's 100% owned subsidiary, Aterian Resources Ltd, as part of a competitive tender process.
- New projects granted totalling 221 km2 in central Morocco.
- Projects considered highly prospective for copper, tin, and zinc.
- Morocco portfolio enlarged to 10 projects totalling 675 km2.
- Further project applications submitted across key mineralised belts in Morocco.
- Exploration programmes on new projects to commence shortly.
Steven Poulton, Chief Executive of Altus, commented: "We are delighted with the award of three new base metal projects and two extensions to existing projects in Morocco totalling 221 km2. The projects were awarded as part of a competitive tender process and increase our Moroccan portfolio to ten projects totalling 675 km2. In addition to the new projects we have also been granted licence blocks contiguous with our existing Takzim and Zaer Copper projects.
''The new projects are all located in the Central Moroccan Hercynian Massif, a region that is highly prospective for copper, tin, tungsten, lead, and zinc and hosts numerous active and historical mines, as well as development-stage projects. The 67 km2 Amsa project is located approximately 8.5 km southwest of the Achmmach tin project which is being advanced by Kasbah Resources Ltd.
"Our field team will commence exploration shortly, focusing on the priority targets defined by satellite image interpretations. Altus has applied for a number of further projects across Morocco through the tender process and we look forward to providing an update on the results of these submissions in due course."
New project summary
Amsa Tin Project (67 km2)
- Hosts a folded sequence of turbidite beds and intruded by magmatic sills.
- Along strike of historically mapped tin, zinc, and lead occurrences.
- Located 8.5 km southwest of the Achmmach tin project being advanced by Kasbah Resources Ltd (mineralisation hosted at Achmmach is not necessarily indicative of mineralisation at Amsa).
Tiddas Copper-Lead Project (64 km2)
- Hosts six historically mapped lead and copper-lead occurrences.
- Structurally complex area between two Hercynian granites.
- Located 7 km and 10 km northwest of the historical El Karit tin and Zguit tungsten mines respectively (mineralisation hosted at El Karit and Zguit is not necessarily indicative of mineralisation at Tiddas).
Jafra Copper-Zinc Project (29 km2)
- Hosts a historically mapped lead occurrence and potential historical workings.
- Situated on the eastern margin of a Hercynian age granite.
- Located 35 km east of the former Roc Blanc silver mine, situated towards the western margin of the Hercynian age granite (mineralisation hosted at Roc Blanc is not necessarily indicative of mineralisation at Jafra).
Project extension summary
Zaer Copper Project (32 km2 extension)
- Enlarges the Zaer copper project to 96 km2.
- Hosts two historically mapped copper occurrences, associated with an east-west striking structure on the northern flank of the Zaer pluton.
- Focused on the metamorphic aureole surrounding a Hercynian granite.
Takzim Zinc Project (29 km2 extension)
- Enlarges the Takzim Zinc project to 77 km2.
- Hosts a historically mapped copper occurrence.
- Focused on Palaeozoic mudstones and quartzites proximal to a Hercynian granite.
Read the article online at: https://www.globalminingreview.com/exploration-development/20052021/altus-strategies-granted-new-exploration-projects-in-morocco/
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