Business
Initiation of Soil Sampling Programme
Initiation of Soil Sampling Programme.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 9850F Arc Minerals Limited 27 February 2018 \n\nArc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration\n \n 27 February 2018\nArc Minerals Ltd \n(\"Arc Minerals \" or the \"Company\")\n \nInitiation of Soil Sampling Programme East of the Akyanga Deposit\n \nArc Minerals (AIM:ARCM), the AIM listed exploration and development company focused on a diversified portfolio of gold, copper and cobalt projects is pleased to announce the commencement of a comprehensive soil sampling programme designed to test the potential mineralised zones between the 1.57Moz Au Akyanga Deposit (\"Akyanga\") and the Akyanga East Prospect (\"Akyanga East Prospect\" or \"Akyanga East\"). \n \nHighlights\n· Programme objective to verify the potential repetition of the Akyanga Deposit type stratigraphy along an interpreted thrust in the valley at Akyanga East which if proven could host significant additional gold mineralisation\n· Latest interpretation is a result of an ongoing re-examination of geophysical data following the re-logging of all 125 diamond core holes drilled at the Akyanga Deposit\n· Results of the soil sampling programme will enable the Company to generate new drill targets to test for additional mineralised zones at the Akyanga East Prospect and to target prospective geology in the hypothesised valley thrust structure.\n· Results of the soil sampling programme are expected at the beginning of April \n \nSoil Sampling Programme \nThe soil sampling programme (\"the Programme\") is designed to extend to the east of a previous soil sampling programme, which covered ground to the north and south of the Akyanga Deposit, (see Figure 1). The Programme will sample the ground between the Akyanga Deposit and the Akyanga East Prospect, (see Figure 2) covering an area of approximately 4km². \n \nThe soil profile lines are spaced 200 metres apart, with a soil sample collected every 50m along the profile line. In total it is anticipated that approximately 600 samples will be collected with the Programme expected to be completed during the next couple of weeks and results expected in early April 2018. The Programme is expected to generate a number of hig...