I’m glad I’m not the only one who picked up on that dropped *******.
They must be drilling through granite if they were the cores.
180 days
He has been since covid struck.
Cheers Ella
So point 3) only applies to small scale mining licences, not large?
If somebody wanted to explore the Kalaba area in a lot more detail (new targets, more drills, deeper drills), would they require a small scale mining licence or a large scale exploration licence to do so?
A swap between MMs, neither a buy nor a sell perhaps?
Good grief, is that a buy?
The licence in question also doesn’t include Chezya, Lumbeta or Muswema.
Fingers crossed we’ve got a LML in the oven for that one.
Yes 2 companies registered that name and deregistered.
One registered the name in Jersey 21 years ago and the other in SA, deregistered 11 years ago. Don’t think either are relevant here
My hunch is that the area not included is where we’ll be applying for a large scale mining licence rather than renewing an exploration licence.
Great find! I haven’t seen it discussed here.
Kopore MD Simon Jackson
“We anticipate that having people and infrastructure in southern Africa will allow ARC to progress exploration at the Virgo project much quicker than Kopore would have been able to do as the COVID-19 pandemic continues to affect international and regional movement of people and other assets.
We are excited to have copper exploration projects in two of the world’s most sought-after jurisdictions given market indications that we are in the early months of what we think could potentially be a copper super cycle”
Even if there wasn’t a lock in period with the shares, it doesn’t sound like they’ll be dumping.
I’m assuming exactly the same thing there Gilzean.
The big boys have made money available for some sudden, unscheduled work. I find that intriguing rather than a betrayal of trust.
I’m uncharacteristically positive with Arc, I can understand how some have had a guts full though.
Let’s hit that orebody, pronto!!
Hi Slurms
I’m thinking Muswema drill results will be the next piece of news. Fingers crossed that by using Anglo’s analysis we’ve managed to hit the orebody.
Anglo have been in Zambia for the last 7 years.
They have massive licences in the west. They’ve also recently hired a Discovery manager, project geologist and a HSE.
It took Anglo just under 5 months to complete its tech review, why do you think it’ll take 6 months to undertake corporate DD?
Hi Ortus
I’ve also seen a similar response and agree that any expected RNS on Jan 14th would just mirror the one on Dec 7th.
Has anybody here messaged the company for clarification on this matter?
Given the size of his holding, it would be fair to assume that Karl would have.