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Results from Cheyeza East inc. 13m at 2.31% Cu
Results from Cheyeza East inc. 13m at 2.31% Cu.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 7559F Arc Minerals Limited 17 July 2019 \n\n17 July 2019\n \nArc Minerals Ltd\n('Arc' or the 'Company')\n \nHigh-grade results from Cheyeza East including 13m at 2.31% Cu\n \nArc Minerals Limited is pleased to announce a further set of drill results from its maiden drill programme at the Cheyeza target area in Zambia.\n \nHighlights:\n \n· CHDDE005 (Hole 5) intersected 28.50m at 1.32% Cu from 18.6m\no Including 13m at 2.31% Cu from 26.2m\n \n \nInitial assay results received for CHDDE004 (Hole 4) have shown some significantly higher Cu grades which are in the process of being further verified. These results will be released as soon as practicable. \n\nNick von Schirnding, Executive Chairman of Arc stated: \n \n\"Given that we are still in the exploration phase where the drill programme has been designed to explore for mineralisation, this set of results once again exceeded all our initial expectations, showing significant, relatively shallow, high-grade intersections of copper as well as good continuity of mineralisation. \n \nWhilst we continue to explore this target, we are also continuing our soil sampling and geological interpretation of the other large targets on our tenements and look forward to releasing results of our next hole shortly.\"\n \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.\nTable 1. Drilling Intercepts\n\n\n\nHole ID\n\n\nFrom (m)\n\n\nTo (m)\n\n\nDrill Width (m)\n\n\nCu (%)\n\n\n\n\nCHDDE005\n\n\n18.60\n\n\n47.10\n\n\n28.50\n\n\n1.32\n\n\n\n\nincl.\n\n\n26.20\n\n\n39.20\n\n\n13.00\n\n\n2.31\n\n\n\n\nand\n\n\n59.60\n\n\n67.10\n\n\n7.50\n\n\n0.30\n\n\n\nNotes: \n1) Reported intervals are downhole widths.\n2) Reported intervals are calculated for zones assaying > 0.2% Copper and containing less than 3 meters of internal waste.\n3) Metallurgical factors are assumed to be 100% although the recovery factors may vary significantly.\n \n \nDrilling Summary\n \nDrill hole CHDDE005, was drilled approximately 200m sout...