LONDON (Alliance News) - Arc Minerals Ltd said on Tuesday it will undertake a high resolution airborne geophysical survey over its Zamsort Copper-Cobalt Project in Zambia.
The survey will cover up 1,000 square kilometres which hosts a several targets including the Kalaba copper cobalt prospect where Arc is conducting an 11,000 metre drilling programme.
Flying is expected to start this week and is expected to take two weeks to complete after which the data will be processed, and further targets identified.
"The results of the airborne reconnaissance programme, which will be completed for less than USD100,000, will be correlated against Arc's existing soil geochemical data sets, the final parts of which are currently being analysed," said Executive Chairman Nick von Schirnding.
Shares in Arc Minerals were down 1.1% at 3.71 pence on Tuesday.
Arc Minerals (ARCM)