Altus Strategies plc has been granted three new distinct base metal exploration projects as well as exploration licences adjacent to existing projects totalling 221 km2 in central Morocco.
The projects, awarded to the company’s 100% owned subsidiary Aterian Resources Ltd, are considered highly prospective for copper, tin and zinc.
Altus has now increased its Morocco portfolio to ten projects totalling 675 km2.
The awards follow the granting of three licences during March of Izougza (copper-silver), Azrar (copper) and Tata (copper).
Altus has also submitted further applications for projects across key mineralised belts in the North African country.
NEW PROJECTS
Amsa tin project (67 km2) hosts a folded sequence of turbidite beds and intruded by magmatic sills. The project lies along strike of historically mapped tin, zinc and lead occurrences.
It is 8.5km southwest of the Achmmach tin project being advanced by Kasbah Resources Ltd.
Tiddas copper-lead project (64 km2) hosts six historically mapped lead and copper-lead occurrences in a structurally complex area between two Hercynian granites.
The project is located 7km and 10km northwest of the historical El Karit tin and Zguit tungsten mines respectively.
Jafra copper-zinc project (29km2) hosts a historically mapped lead occurrence and potential historical workings and is situated on the eastern margin of a Hercynian age granite.
The project is located 35km east of the former Roc Blanc silver mine, situated towards the western margin of the Hercynian age granite.
PROJECT EXTENSIONS
Zaer copper project (32 km2 extension) has increased to 96 km2. The site hosts two historically mapped copper occurrences, associated with an east-west striking structure on the northern flank of the Zaer pluton.
Takzim zinc project (29 km2 extension) now covers 77km2 and a historically mapped copper occurrence.
Altus chief executive Steven Poulton said that the new projects were all located in the Central Moroccan Hercynian Massif, highly prospective for copper, tin, tungsten, lead and zinc.
“Our field team will commence exploration shortly, focusing on the priority targets defined by satellite image interpretations.”
The area also hosts numerous active and historical mines as well as projects in the development stage.