logo-loader
viewArc Minerals Limited

Arc Minerals all set for new airborne geophysical survey at Zamsort

The survey will be correlated against existing geochemical data

1540277117_copper-periodic-table.jpg
The Zamsort ground is highly prospective for copper and cobalt

Arc Minerals LTD (LON:ARCM) is shortly to commence a comprehensive high resolution airborne geophysical survey over its Zamsort copper-cobalt project in Zambia.

The survey will cover around 1,000 square kilometres hosting several targets as well as the Kalaba copper-cobalt prospect where Arc is currently conducting an 11,000-metre drilling programme.

READ: Arc Minerals Ltd sees significant upside at Zambian copper asset

It will be conducted over the entire Zamsort license area and comprise 5,218 line-kilometres. Flying will commence this week and is expected to take around two weeks to complete.

"Zamsort has a large license area and this comprehensive high resolution airborne programme will be used to rapidly highlight further geological structures associated with known zones and potentially new zones of mineralisation and to prioritise areas for further drilling and possible joint ventures with other mining companies,” said Arc’s executive chairman Nick von Schirnding.

“The results of the airborne reconnaissance programme, which will be completed for less than US$100,000, will be correlated against Arc's existing soil geochemical data sets, the final parts of which are currently being analysed."

Quick facts: Arc Minerals Limited

Price: 4.3 GBX

AIM:ARCM
Market: AIM
Market Cap: £41.58 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Arc Minerals Limited named herein, including the promotion by the Company of Arc Minerals Limited in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Oracle Power's Pakistan block recognised as potential...

Headlines from the Proactive UK newsroom. Oracle Power PLC’s (LON:ORCP) resource on Block VI at Thar in Pakistan has been officially recognised as a potential coal gasification into fertiliser project. Pakistan is estimated to face a sizeable fertiliser shortage by 2026. Arc Minerals Ltd...

on 19/11/19

2 min read