Projects & Royalties

Anezal

Project: Anezal
Commodity: Copper
Subsidiary: Aterian Resources Ltd
Location: Morocco
Deposit Style: -
Key Attributes: Proximal to historic copper occurrences
Asset Stage: Reconnaissance exploration
Results: -
Next Phase of Work: Sampling & mapping
Deal Partner: Available
Deal Terms: TBC

Project Overview

The 64 km2 Anezal project is comprised of four licence blocks situated in the central Anti-Atlas Mountains, approximately 356 km south of the capital Rabat, 210 km east of the port city of Agadir and 30 km northeast of the 38.3 Moz Zgounder silver mine which is operated by Aya Gold and Silver (TSX : AYA). Aterian holds a 100% interest in the project which is accessible via motorable dirt tracks leading off two main highways that run north-south.

The central Anti-Atlas forms part of the Anti-Atlas Mountain chain in Morocco which is host to numerous world class mineral deposits including the Imiter Ag mine (131 Moz at 500g/t Ag) and Bouazzer Co mine (16 Kt at 1.0 % Co). The Central Anti-Atlas is dominated by Palaeoproterozoic to Neoproterozoic age inliers overlain unconformably by Cambrian to recent sedimentary sequences and volcanics.

The Project area is located between the Jbel Siroua and the Bou Azzer-El Graara inliers and is mostly comprised of Upper Neoproterozoic intermediate to felsic volcanic tuffs, ignimbrites, and flows which are variably overlain by Miocene gravels and marls, Quaternary alluvium, and Adoudounien sediments. These sedimentary sequences are known to host copper deposits in the Western and Central Anti-Atlas. Volcano-sedimentary tuffs and conglomeritic sandstones are present in the west.

Exploration Programme

Altus selected Anezal based upon an extensive process of desk-based prospectivity mapping. This work comprised a review of available datasets, including historical mineral occurrences, geological maps, regional magnetics and satellite borne remote sensing data. The project hosts a number of northeast, east and northwest striking structures with proximal historic copper mineral occurrences.

A first phase reconnaissance exploration programme is due to commence shortly and will include an assessment of priority targets identified that include priority structural targets that reportedly host historic copper mineral occurrences along strike of Anezal.


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