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Aterian announces update on its Agdz copper silver project

Published by , Editorial Assistant
Global Mining Review,


Aterian Plc, the critical and strategic metal-focused exploration and development company, has announced an update on its 100% owned Agdz copper (Cu) and silver (Ag) project in the Kingdom of Morocco. The company has undertaken a review of an induced polarisation (IP) gradient array and high-resolution IP (HIRIP) geophysical survey. The survey was completed on the northern part of the project in preparation for scout drilling to be executed on the project. The review has indicated several high-priority anomalies and increased the target area due for further exploration.

The company recently acquired Agdz as part of a portfolio of 15 prospective copper-silver and base metal projects covering an area of 762 km2 in Morocco.

Agdz Highlights:

  • Agdz hosts four significant Cu-Ag prospects covering an area of approximately 8 km2.
    • The 2.80 km long Makarn prospect, with results up to 8.00 % Cu and 448 g/t Ag.
    • The 2.00 km long Amzwaro prospect, with results up to 4.82 % Cu and 189 g/t Ag.
    • The 0.15 km long Minière prospect, with results up to 13.05 % Cu and 12 g/t Ag.
    • The 0.70 km long Daoud prospect, with results up to 2.71 % Cu, 152 g/t Ag.
  • 137 line-km IP gradient array survey completed over an area of 14 km2.
  • 12 HIRIP profiles completed to acquire 2-D resistivity and chargeability depth sections to depths of approximately 250 m.
  • Several new geophysical anomalies identified. 
  • Surveying key geological structures and outlining potential mineralised targets for follow-up.
  • Previously reported assay results from a limited reconnaissance trenching exercise included 0.65 % Cu and 36.54 g/t Ag over 14.12 m and 0.36 % Cu and 13.26 g/t Ag over 13.70 m.
  • Agdz is located 14 km southwest of the Bouskour Cu-Ag mine.

Charles Bray, Chairman of Aterian, commented:

“Agdz is an important asset in our portfolio of 15 copper-silver and base metal projects we recently acquired in Morocco which in turn is attracting good attention as a mining destination. Agdz is the most advanced of the 15 projects and we are doing the necessary work to progress our understanding of the site for drilling. The geophysical survey data has generated several high-priority anomalies requiring additional fieldwork to further resolve these targets. In addition to the known prospects on the project, there are now several new targets identified from the survey for our field teams to further evaluate. We are currently working towards building a conceptual geological model for the project, which has already demonstrated some excellent high-grade copper and silver values, up to 26.5 % Cu and 448 g/t Ag. The presence of multiple historical copper workings at Agdz provides further encouragement, with the project located in an established copper and silver mining district in the eastern Anti-Atlas of Morocco and is an additional exciting exploration opportunity in our Moroccan portfolio.

We are planning to commence fieldwork in 1Q23 on the project and will undertake mechanical pitting and trenching over the anomalies. The commencement of scout drilling based on these outcomes will provide further important geological and grade information shortly thereafter. I look forward to updating our shareholders with the results from these programmes in due course.’’

Read the article online at: https://www.globalminingreview.com/mining/16012023/aterian-announces-update-on-its-agdz-copper-silver-project/

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This article has been tagged under the following:

African mining news Copper mining news Silver mining news