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Lithosquare JV Exploration Programmes Commences
Aterian plc has commenced joint exploration programmes with Lithosquare in Morocco and Botswana, integrating advanced technologies like hyperspectral imagery and AI to accelerate discovery and improve drill targeting across priority projects. Field operations are now active, with initial drilling campaigns planned for the Agdz Project in Morocco and PL199/2025 in Botswana. This strategic partnership aims to enhance exploration efficiency, reduce risk, and generate a clear pipeline of operational news flow over the coming months, focusing on critical minerals essential for the renewable energy and automotive sectors. Disclaimer*
About this update from Aterian Plc
01 July 2026 Aterian plc ("Aterian" or the "Company") Lithosquare JV Exploration Programmes Commences Aterian plc (LSE: ATN), the critical minerals exploration and development company, is pleased to announce that field operations have commenced under its recently established strategic joint venture with Lithosquare, marking the transition from partnership formation to active exploration across the Company's priority projects in Morocco and Botswana. Following a comprehensive technical review of Aterian's exploration portfolio, the joint technical team has developed and commenced a systematic exploration strategy designed to accelerate discovery, improve drill targeting and unlock value across the Company's critical minerals assets. The programmes combine advanced exploration technologies, including hyperspectral satellite imagery, artificial intelligence-driven target generation, geophysics, geochemistry and drilling, to prioritise the Company's highest-potential projects while building a pipeline of future drilling opportunities. The programmes have been established and optimised based on Lithosquare's Geology AI. Highlights ● Joint exploration programmes are now underway in Morocco and Botswana. ● Immediate field operations have commenced following completion of the joint technical review. ● Exploration strategy prioritises rapid advancement of the Company's highest-value projects towards drilling while systematically generating new targets across the wider portfolio. ● First drilling campaigns are planned at the Agdz Project in Morocco and PL199/2025 in Botswana. ● Lithosquare's proprietary Geology AI and advanced exploration platform will be fully integrated with Aterian's geological, geophysical and geochemical datasets to enhance target generation and reduce exploration risk. ● The programmes establish a clear pipeline of exploration catalysts, expected to deliver regular operational news flow over the coming months. Delivering the JV Strategy The commencement of exploration programmes marks the first operational milestone since the establishment of the Aterian-Lithosquare partnership. The combined technical teams have reviewed the Company's project portfolio and identified a phas...