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Arc Minerals Limited

Arc Minerals starts drilling at Zamsort in Zambia

Cheyeza is one of Arc's highest-priority targets said the chairman

copper
Copper is closely associated with Zambia

Arc Minerals Ltd (LON:ARCM) rose on Wednesday after news the firm has has kicked off its initial 7,500-metre drilling programme Zamsort/Zaco, the company's copper projects in Zambia.

Two diamond drill rigs will test the large Cheyeza anomaly as well as the Lumbeta and Muswema targets. 

READ: Arc Minerals chairman hails "company maker" potential of Zambia targets

Nick von Schirnding, executive chairman, said detailed geophysical surveys and extensive soil sampling programmes had highlighted a number of potential prospects at Zamsort.

Cheyeza is one of our highest-priority targets, he said.

In afternoon trading, shares in ARC Minerals were 2.1% higher at 2.40p.

 -- Adds share price --

Quick facts: Arc Minerals Limited

Price: £0.04

Market: AIM
Market Cap: £30.93 m
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