Geophysical IP Survey at Agdz Copper-Silver Project, Morocco

Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces the commencement of a 135 line km induced polarisation (“IP”) and gradient array geophysical survey at the Company’s 100% owned Agdz copper (“Cu”) and silver (“Ag”) project (“Agdz” or the “Project”), located 14km southwest of the Bou Skour copper and silver mine in the eastern Anti-Atlas of the Kingdom of Morocco (“Morocco”).

Highlights:

• Geophysical IP survey underway at Agdz Cu-Ag project in central Morocco
• Survey is designed to identify and prioritise targets for follow up trenching and drilling
• Agdz hosts four significant Cu-Ag prospects covering an area of approximately 8km2
  • The 2.80km long Makarn prospect, with results up to 8.00 % Cu and 448 g/t Ag
  • The 2.00km long Amzwaro prospect, with results up to 4.82 % Cu and 189 g/t Ag
  • The 0.15km long Minière prospect, with results up to 13.05 % Cu and 12 g/t Ag
  • The 0.70km long Daoud prospect, with results up to 2.71 % Cu, 152 g/t Ag
• Further recent positive copper and silver exploration results from the Makarn prospect
• Agdz is located 14km southwest of the Bou Skour copper and silver mine
• Survey undertaken by specialist contractor and expected to complete in September 2021

Steven Poulton, Chief Executive of Altus, commented:

“The commencement of this high resolution, IP geophysical survey is a notable milestone for our 100% owned Agdz copper-silver project in the Eastern Anti-Atlas of Morocco. The survey will be used to define, as well as prioritise, targets for trenching and drilling within the four key prospects discovered to date. These prospects have a combined mapped strike length of 5.6km and have returned numerous encouraging rock chip results, including 8.00 % Cu and 448 g/t Ag. Terratec Geophysical Services of Germany is undertaking the survey, which should be completed in September. In parallel to the IP survey, our field team is undertaking further mapping and sampling across the key prospects.

“Recent rock chip sampling at the Makarn prospect has returned further positive results, including 2.86 % Cu and 136 g/t Ag. Agdz is located just 14km southwest of the Bou Skour copper and silver mine, which is operated by Moroccan state mining group Managem. While mineralisation hosted at Bou Skour is not necessarily indicative of that at Agdz, the Project is clearly exceptionally well located in an established and highly prospective mining district. We look forward to updating shareholders with our progress at Agdz in due course.”

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