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Arc Minerals Ltd - copper exploration company focused on mines in Africa - The first assay results from the diamond drilling campaign at its joint venture in Zambia with a subsidiary of Anglo American PLC have confirmed near-surface mineralisation at a new target, around 1.5 kilometres east of the existing oxide occurrence at its Cheyeza target. ‘The newly drilled mineralisation is similar to historic assays in terms of both grade and thickness,’ says Chair Nick von Schirnding. ‘Work is now underway to identify further potential drilling targets at Cheyeza to test the extents of sulphide mineralisation.’ Current stock price: 1.62 pence, up 7.8% in London on Tuesday morning 12-month change: down 33% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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