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Drilling to Commence at Agdz Copper-Silver Project
Drilling to Commence at Agdz Copper-Silver Project.
About this update from Aterian Plc
[{"type":"text","content":"\n\n06 August 2024\n \nDrilling to Commence at Agdz Copper-Silver Project, Morocco\n \nAterian Plc\n(\"Aterian\" or the \"Company\")\n \nAterian Plc (LSE: ATN), the critical metal-focused exploration and development company, announces that its maiden Moroccan scout drilling programme is to commence imminently at the Company's 100% owned Agdz Copper-Silver (\"Cu-Ag\") Project (\"Agdz\" or the \"Project\"). The Project, covering 34.5 km2, is located within the eastern Anti-Atlas Mountains of the Kingdom of Morocco (\"Morocco\").\nHighlights:\n· The 1,000-1,200 m Reverse Circulation (\"RC\") drilling programme will commence imminently at the Agdz project site with an initial ten drill holes anticipated.\n· The RC drill rig has mobilised to the site, with access upgrades and drill pad preparation underway.\n· Drill holes will target mapped structural and geophysical targets over four priority prospects:\no The 2.80 km long Makarn - Makarn North prospect targeting up to 8.00 % Cu and 448 g/t Ag;\no The 2.00 km long Amwaro prospect targeting up to 4.82 % Cu, 189 g/t Ag and 1.90 g/t Au;\no The 0.15 km long Miniére prospect targeting historic workings, spoil up to 13.05 % Cu and 12 g/t Ag and 0.8 g.t Au;\no The 0.70 km long Daoud prospect targeting 2.71 % Cu, 152 g/t Ag and 2.96 g/t Au.\n· Geophysical targets were defined from a previously completed 137-line-km IP gradient array and a 12-line high-resolution IP survey.\n· Agdz has demonstrated excellent copper-silver prospects from ground sampling and is 14 km southwest of the Managem Bouskour copper-silver mine (53 Mt at 0.8 % Cu and 9 g/t Ag).\n \nCharles Bray, Chairman of Aterian, commented:\n\"We are pleased to report that our maiden Moroccan drill programme will commence imminently at the Agdz Copper-Silver Project in central Morocco. We anticipate approximately ten scout holes, with depths of 100 - 120m, utilising RC drilling. We are especially excited to advance the status of our projects in Morocco and to begin drilling at Agdz. We are presently in the process of rationalising and prioritising our projects in the country with the aim to advance additional projects to the drill...