Business
Zambia - Commencement of Drilling
Zambia - Commencement of Drilling.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 8867B Arc Minerals Limited 12 June 2019 \n\nArc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration\n \n \n12 June 2019\nArc Minerals Ltd \n('Arc' or the 'Company')\n \nZambia - Commencement of Drilling \n \nArc Minerals is pleased to announce that it has commenced an initial 7,500-metre drilling programme at its Zamsort/Zaco Copper Projects located in the Zambian Copperbelt, adjacent to world-class operating copper mines. \nArc Minerals has appointed a local drilling contractor with significant experience in the Copperbelt and two diamond drill rigs have commenced drilling. The drilling programme is designed to test the large Cheyeza anomaly as well as the Lumbeta and Muswema targets in addition to other targets generated through the comprehensive geophysical and soil sampling programme.\n \n \nNick von Schirnding, Executive Chairman of Arc Minerals commented:\n\"We are very excited about this drilling programme. Over the past year our technical team with the help of highly experienced external exploration consultants have completed a detailed geophysical survey and extensive soil sampling programme which has yielded some excellent results indicating that we may have a number of high-potential prospects within our Zamsort licence.\nWe have generated a large number of drilling targets from the data and geological models and beginning with Cheyeza, one of our highest-priority targets.\nI look forward to reporting regularly on the progress of the Zamsort drilling programme.\"\n \nPlease see the following links for updated maps following the recent geochemical and geophysical studies:\n \nFigure 1 Target location map and +50ppm copper in soils XRF anomaly \nhttp://www.arcminerals.com/zamsort50ppm\n \nFigure 2 Contoured regional geochemistry copper in soils XRF results\nhttp://www.arcminerals.com/zamsortregionalxrf \n \nFigure 3 Cheyeza region copper in soils XRF results\nhttp://www.arcminerals.com/cheyezainfillxrf \n \n \nQualified Persons\nThe information in this press release is based on information provided by Zamsort Limited on behalf of Arc Minerals. Mr Vassilios Carellas (BSc (Hons), MAusIMM) is the Chief Operating Officer for Arc Minerals and has sufficient experience relev...