High Grade Copper And Silver Results From New Projects in Morocco

UNITED KINGDOM - Altus Strategies Plc reported the discovery of high-grade copper and silver from reconnaissance exploration at the Company’s recently granted Azrar, Izougza and Tata projects. The Projects, which total 252 km2,  are located in the western Anti-Atlas of the Kingdom of Morocco and are held by the Company’s 100% owned subsidiary Aterian Resources Limited.

Highlights: High-grade copper and silver outcrop and float samples from three new projects in Morocco; Results from initial prospecting include: Izougza project: Up to 8.37 % Cu in breccia, Azrar project: Up to 3.41 % Cu and 56 g/t Ag in breccia, and Tata project: up to 0.24 % Cu in sediments; Several occurrences of historic hard rock artisanal mining have been mapped; Potential for stratiform sediment-hosted and contact breccia copper-silver mineralization; Projects located in established current and historic copper and silver mining districts; Exploration now underway on the recently granted Jafra, Tiddas and Amsa projects; and Altus now holds 10 highly prospective projects in Morocco, totaling 675 km2.

Steven Poulton, Chief Executive of Altus, said, “These are excellent results from first pass prospecting of our recently granted Azrar, Izougza and Tata projects. The Projects are located in established copper and silver mining districts in the western Anti-Atlas of Morocco. Grades of up to 3.41 % Cu and 56 g/t Ag at Azrar, up to 8.57 % Cu from Izougza and up to 0.24% Cu at Tata are highly encouraging. Perhaps more significantly is the confirmation of prospective geological formations for stratiform sediment-hosted deposits, as well as contact breccias, along with the presence of multiple historic artisanal workings. Our field teams have generated numerous targets for follow up exploration. In the meantime, reconnaissance exploration is now underway at the Jafra, Tiddas and Amsa projects, which total 221 km2 and were also recently granted to the Company. We look forward to updating shareholders with the results from these programs in due course.”