Altus Strategies: Multiple high-grade copper workings at Agdz copper-silver project, Morocco
Monday, Mar 19, 2018
Altus Strategies Plc (AIM: ALS), the Africa focused exploration project generator (''Altus'' or the ''Company''), provides an update on exploration activities at its 100% owned Agdz copper-silver project (''Agdz'' or the ''Project'') in the eastern Anti-Atlas, Morocco.

Highlights:

• 10 parallel mine workings have been mapped and sampled at the Minière Prospect
• Rock chip and spoil samples include 13.0% Cu, 6.0% Cu & 5.0% Cu
• Mining complex exploits multiple sub-parallel alteration zones within 2.8km long zone
• Agdz project is located 14km from the Bouskour copper mine operated by Managem
• Outcrop samples from Amzwaro Prospect include 1.88% Cu & 140g/t Ag
• Float sample from Makarn North prospect include 26.50% Cu & 158g/t Ag

Steven Poulton, Chief Executive of Altus, commented:

“We are encouraged by the copper grades returned from sampling of the former mine workings discovered on the Agdz Licence in Morocco. Both oxide and sulphide sources were sampled and results included 13.05% Cu, 6.01% Cu & 5.00% Cu. The Minière prospect, which contains the historical mine complex, extends for at least 2.3km and is proximal to a regional structure which in places has an alteration halo that is up to 90m wide based on mapping carried out by the Company.

“Our optimism is reinforced by the float sample collected from the Makarn North prospect, which assayed 26.5% Cu and 158g/t Ag. Our follow up programmes will prioritise on the mapping and sampling of the Minière Prospect and locating the source of the high grade copper at Makarn North. These recent results from Agdz support our belief that the licence has the potential to host a significant copper-silver system. We look forward to keeping shareholders informed of our progress.”

Agdz Exploration Programme

A mapping and prospecting programme has been undertaken at the Minière copper and silver prospect. The mining complex has been mapped to date across an area which is 150m long by 90m wide, striking north-eastwards within the 2.3km long Minière Prospect. The complex is comprised of 10 individual open stopes, and a number of underground developments. Sampling of spoil surrounding the workings, carried out by the Company, has returned grades including13.05% Cu, 12.90g/t Ag and 0.42g/t Au from both oxide and sulphide material. The workings indicate the presence of a leached low-grade to barren surface cap existing above the mineralised zones. The mine workings target multiple steeply dipping altered, brecciated and highly fractured zones, as well as veins within metavolcanic host lithologies. Alteration locally is dominated by variable chlorite-magnetite-haematite +/- silica-barite with a relatively clay rich hanging wall. Iron alteration +/- chlorite is traceable for 500m to the SW.

Separately sampling at the Makarn North Prospect has returned 26.05% Cu & 158g/t Ag, associated with copper sulphides hosted in quartz vein material. Sampling of outcrop at the Amzwaro Prospect has returned 1.88% Cu and 140g/t Ag, proximal to an approximately 1km long interpreted rhyolite dome.

For more information, please visit: http://www.altus-strategies.com

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