London-listed Aterian has announced results, including 4.43% copper and 3.11% copper from brecciated vein samples, from geological work completed on its Jebilet Est project.
The project, which covers an area of 45.2 km2, is located north of Marrakech within the Marrakech-Safi region of Morocco.
The project is one of 15 copper, silver and base metal projects owned by Aterian which cover a total area of 762 km2 in Morocco.
High-grade copper has been reported from outcrop sampling.
An extensive vein system was identified on the Eastern licence and a 3-km-long vein zone mapped on the Western licence.
Aterian points out that the project is located close to good infrastructure.
The company’s Moroccan projects are located in established current and historic mining districts. Jebilet is located 15 km east of the historic Bir N'Hass copper mine.
“These results from the work on the Jebilet Est project are highly encouraging and further demonstrate the strong potential of our portfolio of copper-focused targets in Morocco. We firmly believe that our asset portfolio will deliver value potential to the company, its shareholders and other stakeholders.
“We will continue to press ahead with the exploration of this project and the other assets within our portfolio, all of which show significant upside potential. I look forward to updating shareholders with the results from these programmes in due course,” comments chairperson Charles Bray.
“The identification of the presence of a significant network of copper-bearing veins and breccia zones within the project is a very positive start to our exploration efforts at Jebilet Est.
“We will continue to map out and sample the vein system which occurs close to a historic copper mine which appears to have similar controls to what we are seeing on the ground. This project is excellently located, close to power and rail links and is only 35 km outside of the city of Marrakech,” says CEO Simon Rollason.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
To subscribe email firstname.lastname@example.org or click here
To advertise email email@example.com or click here