rns - excellent grades12 Sep 2019 08:08
Arc Minerals Limited, the Zambian focussed copper exploration and development company, is pleased to announce the receipt of further near surface, high-grade copper assays from its maiden diamond drill exploration programme at the Cheyeza East target in Zambia.
Highlights:
· Further high-grade shallow copper intersections
· CHDDE025 intersected 1.27% Cu over 32.50m from 23.50m
o Includes 2.05% Cu over 17.50m from 38.50m, or
o 2.79% Cu over 10.50m from 44.50m
· CHDDE023 intersected 0.95% Cu over 17m from 22m
o Includes 1.60% Cu over 5m from 30m
· High-grade core to the mineralised zone now established
Nick von Schirnding, Executive Chairman of Arc stated:
"I am very pleased to announce another set of excellent, shallow high-grade copper assays from the Cheyeza East target area; these are of a similar tenor to some of the previous high-grade mineralisation intersected. These results confirm the very exciting mineralisation we are encountering at Cheyeza East and a high-grade core to the mineralisation and are some of our best results so far. These results have also been accompanied by pleasing shallow intersections and in line with average grades of some of the major operating mines nearby.