Business
Operational Update: Jebilet Est Project
Operational Update: Jebilet Est Project.
About this update from Aterian Plc
[{"type":"text","content":"\n \n \n \n 14 March 2023\n \n \n \n \n \n \n \n \n \n Operational Update:\n \n \n \n \n High-Grade Copper Results,\n \n \n \n \n Jebilet Est Project, Morocco\n \n \n \n \n Aterian Plc\n \n \n \n(\"Aterian\" or the \"Company\")\n \n \n \n Aterian Plc (LSE: ATN),\n \n the critical and strategic metal-focused exploration and development company, is pleased to announce results, including 4.43 % Cu and 3.11 % Cu from brecciated vein samples from geological work completed on the Company's Jebilet Est Project (the \"Project\"). The Project, which covers an area of 45.2 km2, is located north of Marrakech within the Marrakech-Safi Region of the Kingdom of Morocco (\"Morocco\").\n \n \n \n \n \n The Project is one of 15 copper, silver and base metal projects owned by Aterian which cover a total area of 762 km2 in Morocco.\n \n \n \n \n \n \n Highlights:\n \n \n \n ·\n High-grade copper reported from outcrop sampling.\n \n \n ·\n Results include 4.43 % Cu and 3.11 % Cu from brecciated vein samples.\n \n \n ·\n Extensive vein system identified on Eastern Licence.\n \n \n ·\n 3 km long vein zone mapped on the Western Licence.\n \n \n ·\n The Project is located 15 km east of the historic Bir N'Hass copper mine.\n \n \n ·\n Project located close to good infrastructure.\n \n \n ·\n The Company holds 15 highly prospective projects in Morocco, totalling 762 km2.\n \n \n ·\n The Company's Moroccan projects are located in established current and historic mining districts.\n \n \n \n \n \n \n \n \n Charles Bray, Chairman of Aterian, commented:\n \n \n \n \"These results from the work on the Jebilet Est Project are highly encouraging and further demonstrate the strong potential of our portfolio of copper-focused targets in Morocco. We firmly believe that our asset portfolio will deliver value potential to the Company, its shareholders and other stakeholders.\n \n We will continue to press ahead with the exploration of this Project and the other assets within our portfolio, all of which show significant upside potential. I look forward to updating shareholders with the results from these programmes in due course.\"\n \n \n \n \n \n \n \n Simon Rollason, CEO of Aterian, commented:\n \n \n \n \"The identification of the presence of a significant network of copper-bearing veins and breccia zones within the project is a very...