Thalessmann Advances Mining in Morocco
Thalesman Metals announced its results from the first four drill holes in the "Tersit" copper-silver project in Morocco. One of the drill holes showed a copper concentration of 1.56% and 64 grams of silver per ton over a two-meter section between depths of 8 and 10 meters. Other drilling results revealed varying copper concentrations ranging from 0.31% to 2.08%. These results are based on preliminary analyses and do not reflect the entire resource potential of the project. The announcement coincides with ongoing procedures to transfer two exploration licenses from a subsidiary of AYA Gold & Silver, although the transfer has not yet been completed. The company is expanding exploration efforts over an area covering 63.5 square kilometers, with drilling and analysis operations expected to be completed in the coming weeks to better understand the mineralization extent and support assessments of the project's economic viability.
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