Altus Strategies granted new exploration projects in Morocco

Altus Strategies granted new exploration projects in Morocco

Altus Strategies Plc has announced the granting of three new distinct exploration projects, as well as exploration licences adjacent to existing projects, totalling 221 km2 in the Kingdom of Morocco. The projects were awarded to the company's 100% owned subsidiary, Aterian Resources Ltd, as part of a competitive tender process. mineralised belts in Morocco.

Exploration programmes on new projects to commence shortly.

Steven Poulton, Chief Executive of Altus, commented: "We are delighted with the award of three new base metal projects and two extensions to existing projects in Morocco totalling 221 km2. The projects were awarded as part of a competitive tender process and increase our Moroccan portfolio to ten projects Highlights

New projects granted totalling 221 km2 in central Morocco.

Projects considered highly prospective for copper, tin, and zinc.

Morocco portfolio enlarged to 10 projects totalling 675 km2.

Further project applications submitted across key

Mining activities totalling 675 km2. In addition to the new projects we have also been granted licence blocks contiguous with our existing Takzim and Zaer Copper projects.

''The new projects are all located in the Central Moroccan Hercynian Massif, a region that is highly prospective for copper, tin, tungsten, lead, and zinc and hosts numerous active and historical mines, as well as development-stage projects. The 67 km2 Amsa project is located approximately 8.5 km southwest of the Achmmach tin project which is being advanced by Kasbah Resources Ltd.

"Our field team will commence exploration shortly, focusing on the priority targets defined by satellite image interpretations. Altus has applied for a number of further projects across Morocco through the tender process and we look forward to providing an update on the results of these submissions in due course.”