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Arc Minerals Ltd.
Summary
| Project: | Zamsort | |
|---|---|---|
| Deposit: | Cheyeza East | |
| Location: | Zambia | |
| Commodities: | Copper | |
| Date: | 7/24/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2019: Arc Minerals Ltd. announces an Exploration/Drilling Update report for its Cheyeza East deposit at the Zamsort project. Drilling results incl. 18.00m @ 2.35% Cu from 30.60m. Arc Minerals Limited is pleased to announce a further drill result from | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Vassilios Carellas (Internal) | |
| ABSTRACT: | Arc Minerals Limited is pleased to announce a further drill result from its maiden exploration drill programme at the Cheyeza target area in Zambia. Nick von Schirnding, Executive Chairman of Arc stated: "This is another fantastic result and underscores what an exciting asset Cheyeza East is turning into. We believe that the upside potential is significant, and the shallow nature of these high-grade results is supportive of the economics going forward. I look forward to reporting on future drilling results over the next few months." Drill hole CHDDE004, was drilled approximately 300m south along the perceived strike from drill hole CHDDE002 that intersected 1.05% Cu over 25m from 2m depth and on the same profile, 100m away from CHDDE005 that intersected 1.32% Cu over 28.50m from 18.60m depth. This hole supports the continuity of the mineralization along strike but also indicates that the width of the mineralisation on this drill profile (CHDDE004 & CHDDE005) is going to be well over 100m wide and could be wider if the other holes drilled on this profile assay economic grades of copper. | |
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