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Aterian PLC - Africa-focused mining company with projects in Botswana, Morocco and Rwanda - Tests find 2.97 grammes of gold per tonne at Azrar copper-gold project in Morocco, as well as 16 grammes of silver per tonne and 2.92% copper. Chair Charles Bray says: ‘The discovery of a significant copper-gold zone at the Tifrit target in northeastern Azrar validates our decision to maintain Azrar as a high-priority project for continued exploration. We will work to define drill targets on these structures following detailed surface mapping, ground-based geophysics and trenching. Recent results indicate the strong potential to deliver several robust targets with multiple mineralisation styles defined to date and a pipeline of targets generated by the field team. There are similarities between Azrar and other local mining projects, which are encouraging.’
Current stock price: quoted at 49.50 pence per share, untraded on Wednesday morning in London
12-month change: down 41%
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