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Projects & Royalties


Project: Tazoult
Commodity: Silver
Subsidiary: Aterian Resources Ltd
Location: Morocco
Deposit Style:
Key Attributes: 13 km from the Zgounder Silver Mine operated by TSX-V listed Aya Gold and Silver Inc
Asset Stage: Reconnaissance exploration
Results: -
Next Phase of Work: Sampling & mapping
Deal Partner: Available
Deal Terms: TBC

Project Overview

The 13.5 km2 Tazoult project is comprised of one licence block, located in central Anti-Atlas Mountains, approximately 360 km south of the capital Rabat, 200 km east of the port city of Rabat and 13 km east of the 38.3 Moz Zgounder Silver Mine which is operated by TSX-V listed Aya Gold and Silver (TSX-V : AYA). Aterian holds a 100% interest in the project which is within 3.5 km of a tar road and is accessible via motorable access linking a number of villages around the project area.

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 proximal to major regional fault zones of east-west and northwest-southeast dtrike.The faults occur primarily within Neoproterozoic volcano-sediments and overlaying Adoudounian sedimentary cover, which are both overlain variably by Cenozoic volcanic and volcano-sedimentary formations. Regionally, numerous mineral occurrences of copper, lead, silver, gold and manganese are located along the strike of regional faults that underlay the Cenozoic units, which include a broadly east-west striking fault zone that hosts the Zgounder silver mine 13 km to the west (mineralisation hosted at Zgounder is not necessarily indicative of mineralisation at Tazoult).

Exploration Programme

Altus selected Tazoult 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, proximal to a regional fault zone. The east-west fault zone is cut by interpreted northeast 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 structural intersection points and potential dilational jogs.

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