UK Aterian Mining Company Finds High Grade Silver in Morocco
The London-based mining company Aterian announced on Monday it discovered high grade silver in its geological reconnaissance operations conducted in its Jafra project located 35 km northeast of Marrakech.
The Project is one of 15 copper, silver and base metal projects owned by Aterian, covering a total area of 762 km2 in Morocco. It lies 14 km south of the Company’s Jebilet Est Copper Project.
Commenting on this important discovery, Charles Bray, Aterian chairman, said: “These preliminary results from the initial reconnaissance at Jafra are very encouraging. They further support our project portfolio’s strong and broad potential in Morocco”.
The Jafra project “demonstrates the metal diversification of our Moroccan projects and is well located, close to power and rail links and only 35 km outside Marrakech”, added Mr. Bray, saying 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 covers 29 km2 and comprises two license blocks in the western Meseta, north-central Morocco, approximately 36 km northeast of Marrakech, 35 km east of the former Roc Blanc silver mine, and 32 km from the rail line to the port of Casablanca.