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Project: | Zamsort | |
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Deposit: | Kalaba | |
Location: | Zambia | |
Commodities: | Copper-Cobalt | |
Date: | 9/11/2018 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-9-2018: Arc Minerals Ltd. announces an Exploration/Drilling Update report for its Kalaba deposit at the Zamsort project. Drilling results incl. 59m @ 0.23% Cu, 0.044% Co from 2m. Arc Minerals is pleased to report initial Reverse Circulation Drill ("RC" | |
Resources: | x | |
CP/QP: | [Overall Report]: Vassilios Carellas (Internal) | |
ABSTRACT: | Arc Minerals is pleased to report initial Reverse Circulation Drill ("RC") assay results from the Company's drilling programme at the Kalaba prospect, part of its Zamsort Copper-Cobalt Project ("Zamsort"). Nick von Schirnding, Executive Chairman of Arc Minerals commented: "I am very pleased with these excellent initial assay results of the drilling programme. These early results from RC drilling clearly demonstrate the large tonnage and commercial grade potential of the Kalaba prospect. The results from these first four RC holes present encouraging copper and cobalt mineralisation with intercepts starting from surface. Our updated geological model is indicating that the potential resource at Kalaba may be significantly larger than we had anticipated. The mineralisation at Kalaba remains completely open to the north, east and west with thicknesses increasing to the north. We look forward to reporting on further progress from the drilling programme as well as report on assay results as soon as they become available. " | |
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