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Shuka Minerals PLC - Africa-focused mine operator and developer - Completes the third drill hole at the No. 2 ore body at the Kabwe zinc mine in Zambia. Says latest Kabwe drilling hits another high-grade zone. Shuka finished second drilling on Wednesday last week, and the first test took place late last month. ‘The follow up holes of our campaign continue to deliver excellent Zn grades, with every hole and intersection we are learning more and more about the orebody,’ Shuka Chief Executive Officer Richard Lloyd says. ‘It is also extremely encouraging to continue to see much higher grades and over significant widths versus the previously reported N 43 101 resource,’ Lloyd adds. The upcoming drill holes will look to prove the ore body extending laterally and at depth, he says. Stock price in Johannesburg: 63 rand cents 12-month change: down 62% Stock price in London: 2.65 pence 12-month change: down 55% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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