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ATERRA Metals Finalizes Option Agreements for the Totora Copper-Gold Porphyry Properties, Region III, Chile
Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - ATERRA Metals Inc. (CSE: ATC) (OTCQB: CSSCF) ("ATERRA") is pleased to announce that it has executed the
About this update from Aterra Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - ATERRA Metals Inc. (CSE: ATC) (OTCQB: CSSCF) (\"ATERRA\") is pleased to announce that it has executed the option agreements for the Totora copper-gold porphyry properties (the \"Totora Project\") located 60 kilometres south of Vallenar in Chile's Region III (Figures 1 and 2). The Totora Project hosts multiple copper-gold porphyry systems, including the Frontera deposit and two advanced prospects, the Totora and Clinton porphyries. \"With the recent closing of our $2.78 million private placement, we have signed the three option agreements which underpin the Totora Project properties and are preparing to mobilize a field crew to start exploration activities immediately,\" noted Carl Hansen, CEO of ATERRA. \"Our first task is to re-log key mineralized sections from the historical drill core, and prepare for geophysics over the key copper-gold porphyries, to assist in defining targets for a late first quarter drill program. The primary purpose of the Phase I drill program is to support the conversion of the historical Totora Project drill results into 43-101-compliant resource estimates.\" Totora Project Historical Highlights Frontera deposit - historical resource / drill results: 16 Mt indicated grading 0.66% CuEq (0.38% Cu & 0.22 g/t Au) with 34 Mt inferred grading 0.64% CuEq (0.36% Cu & 0.22 g/t Au). 478 m grading 0.72% CuEq (0.39% Cu & 0.26 g/t Au), hole FRP004D Clinton historical drilling highlights include: 166 m grading 0.63% CuEq (0.23% Cu & 0.31 g/t Au), hole RCCL-01 276 m grading 0.61% CuEq (0.23% Cu & 0.30 g/t Au), hole DDHCL-06 Totora historical drilling highlights include: 142 m grading 0.69% CuEq (0.47% Cu & 0.17 g/t Au), hole DDHTP-02 114 m grading 0.61% CuEq (0.23% Cu & 0.31 g/t Au), hole DDHTO-07 In addition to the Frontera, Taruca and Clinton properties, which collectively comprise the Totora Project, a fourth property, the 200-hectare Sevilla concession, has been added under the existing Clinton option agreement at no additional cost. Evidence of artisanal mining activities has been identified on the Sevilla property and numerous small-scale copper mines occur in the immediate area. Copper Equivalent Grade Calculation: Copper equivalent (\"CuEq\") grades were calculated using a copper price of $4.00 per pound and ...