Altus Strategies said it had collected chip and soil samples from the Agdz project in Morocco containing copper in concentrations ranging from 5-15%.

The results supported the company's belief that the licence had the potential to host a significant copper-silver system, chief executive Steven Poulton said.

At 2:30pm: (LON:ALS) Altus Strategies Plc Ord 1p share price was +0.01p at 7.88p