Aterian PLC

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Jebilet Est: A significant Copper vein system in Morocco's Variscan belt. Multiple high-grade zones identified by Aterian PLC (LSE:ATN).

Jebilet Est Project

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Primarily targeting Copper – Silver, in addition to Au, Sn, Zn & Pb

Projects are located mainly in the Anti-Atlas Mountains, as well as the High Atlas and Central Morocco.

The Anti-Atlas is highly prospective for sedimentary-hosted copper.

: up to 7.02 % Cu from sediments, over 32 km of mineralised strike

: up to 4.43 % Cu from quartz-carbonate vein swarm

: initial assay grades up to 3.41 % Cu and 56 g/t Ag in breccia and 1 % Cu and 16 g/t Ag from ferruginous stratiform sample. 0.82 g/t Au and 0.63 % Cu over 9.0 m from surface chip channel targeting northerly strike quartz veins

: up to 170 g/t Ag and 22.2 % Pb from quartz veins and fault beccias

Jebilet Est: Reported Highlights (Operational Update)

The recent work has identified several new mineralised zones, including a 9.25 % Cu sample returned from a previously untested area, and reconfirmed the strong grades reported from earlier work by the Company.

Additional mineralised quartz-carbonate vein targets identified: Up to 9.25 % Cu returned from isolated vein outcrops within an area of thin soil cover. Up to 2.09 % Cu and 0.88 % Cu from newly identified vein outcrops traced discontinuously over a 450 m strike length. 

Priority target vein zone on the western licence has strike length extended by 250 m to 3.25 km. Up to 0.56 % Cu from recent sampling and up to 4.43 % Cu from previous sampling. Multiple veins over an apparent surface width of up to 120 m outcropping in metasediments or within surrounding soil cover adjacent to the main vein zone.

GEM Systems Overhauser Magnetometer acquired by Aterian plc. Ground magnetics survey to be completed over Jebilet Est priority targets in Q4 2024. Survey to be completed by the Company’s in-house, internationally experienced team.

Charles Bray, Chairman of Aterian, commented: “We are excited to announce further encouraging copper results obtained from recent fieldwork at Jebilet Est, including identifying quartz-carbonate vein targets below a thin soil cover. The initial indications suggest a potentially broad, up to 120 m wide, package of quartz-carbonate veins and alteration zones within Jebilet Est.“

The Jebilet Est Project covers 73.6 km2 and comprises five license blocks with access via asphalt roads and a network of smaller tracks. The Company holds a 100 % interest in the Project, located in the Jebilet Massif of the Western Meseta, a region considered highly prospective for volcanic massive sulphide and vein-hosted base metal and copper deposits.

 occurs approximately 35 km northeast of the city of Marrakech, 15 km from a rail line to the port city of Casablanca and 15 km east of the historic Bir N’Hass copper mine with several other known base metal deposits and occurrences identified within the district (mineralisation hosted at Bir n Hass is not necessarily indicative of mineralisation at Jebilet Est). The Project lies 14 km north of the Company’s Jafra silver-lead project.