Arc Minerals pleased with latest drill result from Cheyeza
Arc Minerals Limited NPV (DI)
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16:55 25/04/24
Arc Minerals announced a further drill result from its maiden exploration drill programme at the Cheyeza target area in Zambia on Wednesday.
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The AIM-traded firm said hole CHDDE004 intersected 18.00 metres at 2.35% copper, from 30.60 metres.
It said that included 7.60 metres at 4.15% copper, from 39.00 metres.
“This is another fantastic result and underscores what an exciting asset Cheyeza East is turning into,” said Arc Minerals executive chairman Nick von Schirnding.
“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.”