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Projects & Royalties

Tata

Project: Tata
Commodity: Copper
Subsidiary: Aterian Resources Ltd
Location: Morocco
Deposit Style: Adoudounian-hosted sedimentary copper
Key Attributes: Historic gold and copper occurrences, Neoproterozoic inlier and overlying sediments
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 143 km2 Tata project is comprised of nine licence blocks situated in the western Anti-Atlas Mountains, approximately 465 km south of the capital Rabat, 165 km southeast of the port city of Agadir and 50 km southeast of the Tizert copper mine which is operated by the state mining group, Managem. Aterian holds a 100% interest in the projects which is accessible by motorable access from the town of Tata, 8 km to the south.

The western 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 western Anti-Atlas is dominated by Palaeoproterozoic to Neoproterozoic age inliers overlain unconformably by Cambrian to recent sedimentary sequences and volcanics. The Lower Cambrian Adoudounian formation is comprised of sediments known to host major sedimentary copper deposits in the Western and Central Anti-Atlas that include the Tizert mine (56.8 Mt at 1.03% Cu and 23 g/t Ag) and the Agjgal mine (5 Mt at 1 % Cu and 20 g/t Ag) operated by Managem.

The project hosts a Palaeoproterozoic flysch sequences intruded by a granitic complex and complexly deformed during successive Eburnean, Pan-African and Hercynian orogenies. The flysch sequence is unconformably overlain by Neoproterozoic volcano-sediments, in turn unconformably overlain by Adoudounian sediments that are known host to major sedimentary copper deposits in the Western and Central Anti-Atlas.

Exploration Programme

Altus selected Tata 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 is cut by a series of west to northwest trending faults defining a historically mapped major fault corridor within the Palaeoproterozoic basement with an apparent association with historic gold mineral occurrences. A series of north to northeast apparent faults cut the basement and overlaying volcano-sedimentary and sedimentary packages with a historic copper-gold mineral occurrence located within the target Adoudounian sediments coincident with the intersection of an interpreted north-northeast and northwest striking fault zone.

A first phase reconnaissance exploration programme is due to commence shortly and will include an assessment of priority targets identified that include historic mineral occurrences, priority structural targets and the basal Adoudounian sedimentary package.


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