British Firm Discovers High-Grade Silver Deposits Near Marrakech, Morocco

170 g/t and 159 g/t of silver ("Ag"). These are the results of the initial geological reconnaissance work carried out by Aterian on its Jafra project covering 29 km² located 35 km northeast of Marrakech in the Marrakech-Safi region. "These preliminary results from the initial reconnaissance at Jafra are very encouraging. They further support the strong and broad potential of our portfolio of projects in Morocco," says Charles Bray, the company’s chairman, in a press release, noting that this project demonstrates the diversification of the metals of Aterian’s Moroccan projects. He will state that the high silver values supported by very high lead grades are an excellent starting point for further exploration of the project.

The Jafra project includes two license blocks in the western Meseta, in north-central Morocco, about 36 km northeast of Marrakech, 35 km east of the former Roc Blanc silver mine and 32 km from the railway to the port of Casablanca. In addition to this project, Aterian is leading 14 other projects in Morocco, mainly copper and silver, covering 762 km² with the Company holding a 100% stake. These projects target copper and silver, as well as base metals, which are seeing growing global demand due to the trend towards electrification and use in renewable energy production, the company said.