Commences IP Survey At Agdz Copper-Silver Project
Altus Strategies Plc (AIM: ALS, TSXV: ALTS, OTCQX: ALTUF) has commenced a 135 line km induced polarisation (IP) and gradient array geophysical survey at the company’s 100% owned Agdz copper and silver project in Morocco.
Highlights:
- Survey is designed to identify and prioritise targets for follow up trenching and drilling
- Agdz hosts four significant Cu-Ag prospects covering an area of approximately eight sq. km
- The 2.80km long Makarn prospect, with results up to 8.00 % Cu and 448 g/t Ag
- The 2.00km long Amzwaro prospect, with results up to 4.82 % Cu and 189 g/t Ag
- The 0.15km long Minière prospect, with results up to 13.05 % Cu and 12 g/t Ag
- The 0.70km long Daoud prospect, with results up to 2.71 % Cu, 152 g/t Ag
- Further recent positive copper and silver exploration results from the Makarn prospect
- Agdz is located 14km southwest of the Bou Skour copper and silver mine
- Survey undertaken by specialist contractor and expected to complete in September 2021
“The commencement of this high resolution, IP geophysical survey is a notable milestone for our 100% owned Agdz copper-silver project in the Eastern Anti-Atlas of Morocco,” Chief Executive, Steven Poulton, said.
“The survey will be used to define, as well as prioritise, targets for trenching and drilling within the four key prospects discovered to date. These prospects have a combined mapped strike length of 5.6km and have returned numerous encouraging rock chip results, including 8.00 % Cu and 448 g/t Ag.
“Terratec Geophysical Services of Germany is undertaking the survey, which should be completed in September. In parallel to the IP survey, our field team is undertaking further mapping and sampling across the key prospects.
“Recent rock chip sampling at the Makarn prospect has returned further positive results, including 2.86 % Cu and 136 g/t Ag. Agdz is located just 14km southwest of the
“ Bou Skour copper and silver mine, which is operated by Moroccan state mining group Managem. While mineralisation hosted at Bou Skour is not necessarily indicative of that at Agdz, the Project is clearly exceptionally well located in an established and highly prospective mining district. We look forward to updating shareholders with our progress at Agdz in due course.”
Altus has contracted Terratec Geophysical Services of Germany to complete a 134.9 line km IP and gradient array survey at Agdz. The survey covers an area of approximately 14 sq. km, prioritising the Makarn, Amzwaro, Minière and Daoud prospects. Survey lines are spaced 75m apart with 25m dipoles, in order to generate a potential survey depth of 250m.
Chargeability and resistivity anomalies will be incorporated with historical data to define optimal targets, supported by 10 line km of High Resolution IP (HIRIP) depth sections profiles. The HIRIP survey is designed to detect and map zones with the highest concentrations of chargeable materials, potentially including copper and silver-rich sulphide mineralisation. The priority anomalies will then be targeted with follow up trenching and, ultimately, drilling.
Targets
The Makarn Prospect: A swarm of mineralised dykes, shears and veins which predominantly strike NNE over a distance of 2.8km. Historical results include rock chip grades of 8.00 % Cu and 448 g/t Ag. This most recent exploration programme has discovered two new trends of 200m and 400m length respectively, as defined by alteration (silica, chlorite, K-feldspar and epidote) in discontinuous outcrops with grades up to 2.86 % Cu and 136 g/t Ag.
The Amzwaro Prospect: Multiple NNE and NNW trending structures within a zone up to 2km in length and 200m wide, bound by extensional structures. Individual alteration zones are up to 33m wide. Alteration comprises predominantly chlorite and silica in breccia and veins. Historical results include rock chip grades of 4.82 % Cu, 189 g/t Ag and 1.91 g/t Au.
The Minière Prospect: A 150m long and 90m wide area of historical underground artisanal mining, exploiting multiple sub-parallel copper-bearing zones of alteration. Historical results include rock chip and spoil sample grades of 13.05 % Cu, 12.90 g/t Ag and 0.49 g/t Au.
The Daoud Prospect: A series of NNW striking quartz veins and pervasive silicification, mapped discontinuously over a 700m strike length transected by ENE striking chlorite rich alteration zones. Historical results include rock chip grades of 2.71 % Cu, 152 g/t Ag and 2.96 g/t Au.
For further information please visit: https://www.altus-strategies.com/
