viewArc Minerals Limited

Arc Minerals starts soil sampling to build resource at Akyanaga

The objective is to test for Akyanga deposit-type stratigraphy

core samples
The valley at Akyanga East might hold significant gold mineralisation

Arc Minerals Limited (LON:ARCM) has started a  comprehensive soil sampling programme to test the potential for gold between Akyanga and Akyanga East in the DRC.

The objective is to test for Akyanga deposit-type stratigraphy, which, if proven, could host significant additional gold mineralisation

Nick von Schirnding, Arc Minerals' executive chairman, said: "Our current drilling programme continues to intersect broad and high-grade mineralisation to the south of the Akyanga Deposit and the geology remains open in multiple directions.

"The area in-between the Akyanga Deposit and the Akyanga East Prospect has not been systematically explored and the aim of the current soil sampling programme is to generate some high-quality drill targets with the aim to expand the current resource envelope to the east as well as the south.

Akyanaga currently has a 1.57Moz gold resource.

Quick facts: Arc Minerals Limited

Price: 3 GBX

Market: AIM
Market Cap: £22.14 m

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