Focus on Precious Metals
Embracing the cyclical nature of the mining sector

Projects & Royalties

Izougza

Project: Izougza
Commodity: Copper , Silver
Subsidiary: Aterian Resources Ltd
Location: Morocco
Deposit Style: vein hosted silver and copper
Key Attributes: Located on a strike-slip structure separating Proterozoic granites and volcanics
Asset Stage: Target definition and prospectivity mapping
Results: Coming soon
Next Phase of Work: Reconnaissance mapping and sampling
Deal Partner: Available
Deal Terms: -

Project Overview

The 22 km2 Izougza project is comprised of 2 licence blocks situated in the central Anti-Atlas Mountains, approximately 380 km south of the capital Rabat, 195 km east of the port city of Agadir and 20 km southeast 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 within 15 km of a major asphalt road to port and is accessible via a series of apparent motorable access routes.

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 is located on a major regional east-west trending strike-slip fault zone between Proterozoic granite-migmatite terrain and Neoproterozoic volcano-sediments overlain unconformably by Cenozoic volcano-sediments. Numerous copper, silver, gold and cobalt mineral occurrences are located along strike to the east and west with an apparent association with the major strike-slip fault zone.

Exploration Programme

Altus selected Izougza 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 east striking faults, part of a 2 km wide major regional fault zone that is coincident with a number of copper, gold, silver and cobalt mineral occurrences along strike. The east-west fault zone is cut by interpreted northeast and north west apparent structures that provide potential target zones of dilation along the regional fault zone.

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, notably at intersection points and potential dilational jogs along strike of historically mapped mineral occurrences.


© 2021 Altus Strategies Plc.
All rights reserved.
Disclaimer

Subscribe to our Email List

Marketing permission: I give my consent to be in touch with me via email using the information I have provided in this form for the purpose of news, updates and marketing.