Aterian Plc, a UK exploration and development company specializing in critical and strategic metals, has announced new results from its initial geological reconnaissance work at the Jafra Project in Morocco.
The recent sampling conducted at the Jafra Project has revealed high-grade silver and lead deposits. The results indicate silver grades of 170 grams per tonne (“g/t”) with lead grades of 22.2%, as well as silver grades of 157 g/t with lead grades of 21.2%. These findings highlight the significant mineral potential of the project. Historical mapping has also identified the occurrence of lead, with several past workings present in the area.
The Project covers an area of 29 km squares and is located 35 km northeast of Marrakech within the Marrakech-Safi Region. It is part of Aterian’s portfolio of 15 projects in Morocco, which collectively span 762 km2 and encompass copper, silver, and base metals within established mining districts.
The Jafra Project benefits from its close proximity to the former Roc Blanc silver mine, just 35 km to the east. Furthermore, it is conveniently located 14 km south of Aterian’s Jebilet Est Copper Project. It also benefits from existing infrastructure that facilitates potential development and future operations.
Charles Bray, Chairman of Aterian, expressed enthusiasm about the significant findings, emphasizing the promising nature of the preliminary results from the initial reconnaissance work at Jafra. He highlighted the high silver values, coupled with the exceptional lead grades, provide a strong foundation for further exploration and development.