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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Altus Strategies Finds Further Mineralisation At Moroccan Project

Wed, 12th Dec 2018 11:01

LONDON (Alliance News) - Altus Strategies PLC said Wednesday it has discovered further zinc, cobalt, and copper at its Takzim project in central Morocco.

Altus shares were trading 8.3% higher at 3.90 pence each on Wednesday.

Among the highlights, the exploration company said surface samples include 4.64% zinc, 7.78% copper, and 0.15% cobalt from outcrop and grab samples across a series of veins.

"Exploration at our Takzim project, including the recently granted Takzim Est licences, has returned encouraging copper, cobalt and zinc results," Chief Executive Steven Poulton said.

He added: "Although at an early stage, we are encouraged by these further discoveries at Takzim. The next phase of exploration is currently being planned and will focus on establishing the potential source and scale of the copper, cobalt and zinc mineralisation discovered to date."

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