Mining royalty company Altus Strategies has been granted four new exploration projects, as well as an extension to the Agdz project, totalling 148.5 km2, in Morocco.
The projects were awarded to the company's 100% owned subsidiary Aterian Resources as part of a competitive tender process.
The projects are considered to be highly prospective for silver and copper.
The company’s Moroccan portfolio has now been enlarged to 14 projects covering 824.3 km2.
In-house remote sensing is under way across the projects to prioritise exploration targets.
"The projects are strategically well located. The Tazoult project is located just 13 km east of the Zgounder silver mine operated by TSX-V-listed Aya Gold & Silver, while the Agoudim project is located approximately 30 km east of, and potentially in the same fault zone which hosts, the Imiter silver mine operated by the Managem Group,” Altus CE Steven Poulton says.