Embracing the cyclical nature of the mining sector
Aterian Resources Ltd
Epithermal mineralisation in metavolcanics
Multiple parallel structures
Trench 14 m @ 0.65 % Cu
Next Phase of Work:
Joint Venture Partner:
The 59.7 km2 Agdz project is comprised of four licence blocks situated in the Anti-Atlas Mountains, approximately 350 km south of the capital Rabat, 40 km east of Ouarzazate and 13 km southwest of the Bouskour copper mine which is operated by the Moroccan state mining group, Managem. Aterian holds a 100 % interest in the project which is accessible by a series of motorable tracks from Skoura to the north. Three main prospects have been identified to date at Makarn, Amzwaro and Minière from which rock-chip samples have returned assay results up to 26.5 % Cu and 448 g/t Ag and an initial rock-chip channel sample returned 1.25 % Cu and 96 g/t Ag over 9.3 m, with grades up to 2.26 % Cu and 223 g/t Ag. Rock-chip and spoil samples from the Minière prospect, which hosts multiple underground workings that exploit a series of sub-parallel alteration zones, have returned 13.0 % Cu, 6.0 % Cu and 5.0 % Cu.
A ground magnetics survey has been completed by the company across the northern portion of the Agdz project. The data defines a number of very clear NE-SW and N-S trending structures, including dykes and faults, which are coincident with mineralisation mapped at surface. When combined with mapping results, the ground magnetics survey has identified at least 7 high priority prospects to target in the next phase of trenching.
A reconnaissance trenching programme has been carried out with 13 trenches excavated to a depth of 1 m below weathered surface material for a total length of 300 m. The trenches were designed to test the continuity of mineralisation beneath areas where oxide copper and silver have been identified in weathered surface rocks. Assay results have been received from 5 of the 13 trenches and results include 14.12 m @ 0.65 % Cu and 36.54 g/t Ag, and 13.70 m @ 0.36 % Cu & 13.26 g/t Ag. Detailed logging of the trenches will aim to further define the relationship between observed structures and mineralisation, and the next phase of work will likely include systematic trenching and channel sampling in order to define initial drill targets.