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Arc Reports Elevated Copper Intersections
Arc Reports Elevated Copper Intersections.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 1152E Arc Minerals Limited 16 October 2018 \n\nArc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration\n \n \n16 October 2018\nArc Minerals Ltd \n('Arc' or the 'Company')\n \nArc Reports Elevated Copper Intersections\n \nArc Minerals is pleased to report additional Reverse Circulation (\"KRC\") and Diamond Drill (\"KDD\") assay results from the Company's 11,000m drilling programme at the Kalaba prospect, part of its Zamsort Copper-Cobalt Project (\"Zamsort\"). \n \nHighlights:\n \n· Mineralisation continues to be intersected in all holes drilled to date with good thickness\n· Four new holes with elevated copper grades ranging between 0.50% - 1.00% \n· Disseminated cobalt mineralisation continues to be intersected in the mineralised zones \n· KRC017: 128m at 0.74% Cu Eq. from surface \no including 10m at 0.50% Cu and 0.22% Co for 2.70% Cu Eq. and 19m @ 0.58% Cu \n· KRC019: 75m at 0.85% Cu Eq. from surface\no Including from surface 19m @ 0.49% Cu, which includes 10m @ 0.66% Cu\n· KDD009: 59.5m at of 0.87% Cu Eq. from 2.8m \no including 23m 0.54% Cu and 0.10% Co for 1.57% Cu Eq. \n \nNick von Schirnding, Executive Chairman of Arc Minerals commented: \"The results of our drilling programme continue to be very encouraging with these further drill results showing elevated Copper intersections. The drilling to date demonstrates that at Kalaba the source and migration of the mineralising fluids has been quite extensive and we are now beginning to intersect some of the higher grade 'traps'.\nGiven the activity on the ground as well as the large number of samples that are currently being sent to the lab, we anticipate a strong pipeline of news flow and we look forward to updating shareholders on these developments.\"\n \nDrilling Results\nThe table below sets out the results of the holes for which assays have been received by Zamsort from SGS Inspection Service Ltd in Kalulushi, Zambia. \n \nTable 1. Drilling intercepts \n\n\n\nHole\n\n\nFrom\n\n\nTo\n\n\nLength (m)\n\n\nCu (%)\n\n\nCo (%)\n\n\nCu Eq. (%)\n\n\n\n\nKRC017\n\n\n0\n\n\n128\n\n\n128\n\n\n0.30\n\n\n0.04\n\...