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Q1 Investor Summary

9 Apr 2026 07:00

RNS Number : 6634Z
Arc Minerals Limited
09 April 2026
 

Arc Minerals Ltd / EPIC: ARCM / Market: AIM / Sector: Mining

9 April 2026

Arc Minerals Ltd

("Arc" or "the Company")

 

Quarterly Investor Summary

 

Arc Minerals (LSE: ARCM), an exploration company focused on discovering and developing Tier 1 copper deposits in Africa, is pleased to provide a summary for the quarter ended 31 March 2026.

 

OVERVIEW

· Board changes, including the appointment of Rémy Welschinger as Chief Executive Officer

· Ground-based geophysical programme commenced at the Virgo Project in the Kalahari Copper Belt, within MMG's Zone 5 corridor

· Dual-track strategy progressing at the Kabompo West Project in the Western Domes region of the Central African Copperbelt, assessing potential strategic transactions alongside a standalone development pathway

 

Rémy Welschinger, CEO of Arc Minerals, commented: "Since stepping into the CEO role at the start of the year, I have undertaken a detailed review of the portfolio, including a site visit, and am confident in the quality of our assets and the scale of opportunity across Botswana and Zambia. Our focus is on execution and unlocking value. To this end, Virgo is delivering encouraging progress, while Kabompo West represents a significant, large scale opportunity. With a busy 2026 schedule ahead, we look forward to providing regular updates to investors."

 

DETAILS

 

Corporate Update

During the quarter, the Company made various corporate and board changes. In early January, Nick von Schirnding transitioned from Executive Chairman to Non-Executive Chairman, while Rémy Welschinger was appointed Chief Executive Officer (see announcement dated 19 December 2025).

 

Rémy brings extensive financial and natural resources experience. He previously was head of Commodities Sales for Europe at Deutsche Bank and prior to that, an Executive Director in Fixed Income & Commodities at Morgan Stanley.

 

In line with its focus on enhancing investor relations and communications, the Company has appointed St Brides Partners as its Financial PR adviser with immediate effect. Work is also underway to update Arc's website and corporate presentation, with revised materials to be released in due course.

 

Projects Summary

Botswana - Virgo

Arc has commenced a ground-based geophysical programme at the Virgo Project in the Kalahari Copper Belt, situated within MMG's Zone 5 corridor, a highly prospective and rapidly developing copper district (see announcement dated 9 March 2026 for full details).

 

Virgo lies along a structural and stratigraphic corridor that hosts several significant copper deposits, with mineralisation typically associated with the D'kar and Ngwako Pan formations (the "DKF-NPF" contact). Previous work, including a limited IP survey in 2024 and subsequent drilling, confirmed both the presence of this contact and associated mineralisation, supporting this project's prospectivity.

 

The current programme comprises magnetic and induced polarisation ("IP") surveys targeting the DKF-NPF contact, extending coverage across its interpreted strike within the licence area. This includes a 295 line kilometre ("km") ground-based magnetic survey at 50 meter ("m") line spacing, with readings every 5m, alongside a 52.5 line km Gradient Array IP survey (42.5 km Gradient IP and 10 km Section IP) using a pole-dipole array with 25m electrode spacing.

 

The work is designed to refine the geological model, improve structural resolution and map subsurface chargeability and resistivity to support drill target definition. Surveys are being carried out by a Botswana-based contractor, with a field camp established to support operations.

 

Map 1: Virgo - located within the same geological corridor (Zone 5) as MMG's major deposits and discoveries

 

Zambia - Kabompo West

Kabompo West is a large-scale, advanced exploration asset located in the Western Domes region of the Central African Copperbelt, which hosts multiple Tier 1 copper deposits.

 

The licence covers a highly prospective geological setting. Extensive exploration to date including geophysics, soil sampling and drilling has confirmed widespread mineralisation across a broad trend and identified multiple target areas, with results indicating system-scale potential beyond currently defined targets.

 

Following the cessation of the joint venture with Anglo American in 2025 (see announcement dated 20 October 2025), Arc retains control (through its 67% ownership) of Kabompo West. The Company is advancing a dual-track approach, assessing potential strategic transactions alongside a standalone development pathway. The Board is confident that the end of the joint venture does not impact the underlying prospectivity or long-term potential of the project.

 

The Company continues to make steady progress in resolving a number of legal cases in Zambia, through the Zambian courts, as previously disclosed (see announcements dated 15 March 2025 and 18 November 2025). Further updates will be provided as required. The Directors remain confident that a solution will be found, and the Company is also engaging from time to time with the relevant counterparties to endeavour to resolve the various legal disputes privately, although there is no guarantee of success in this regard.

 

Map 2: Kabompo West - 680km2 exploration footprint around the Kabompo Dome

 

ENDS

 

For further information visit www.arcminerals.com or contact:

 

Arc Minerals Ltd

 

Rémy Welschinger, CEO

E: info@arcminerals.com

Zeus Capital Ltd

Nominated Adviser & Joint Broker

 

Katy Mitchell / Harry Ansell

T: +44 (0) 20 3829 5000 

Shard Capital Partners LLP

Joint Broker

 

Damon Heath

T: +44 (0) 20 7186 9952

St Brides Partners Limited

Financial PR

 

Isabel de Salis / Susie Geliher

E: arc@stbridespartners.co.uk

Notes

Arc Minerals Ltd (LSE: ARCM) is an AIM-quoted copper exploration company focused on developing assets across two of Africa's most prospective copper belts. Its flagship Kabompo West Project in Zambia is located within the Western Domes of the Central African Copperbelt, host to multiple Tier 1 copper deposits, where extensive work has confirmed widespread mineralisation and multiple target areas. The Company also holds the Virgo Project in Botswana, situated in the Kalahari Copper Belt within the highly prospective MMG Zone 5 corridor. Arc is led by an experienced team with expertise across mining, capital markets and in-country operations.

 

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END
 
 
MSCEAELPEAEKEFA
Date   Source Headline
28th May 20268:51 amRNSHolding(s) in Company
27th May 20267:00 amRNSComprehensive Settlement Agreement in Zambia
27th Apr 20267:00 amRNSPDMR Dealing
24th Apr 20267:00 amRNSResult of Placing and Subscription
23rd Apr 20264:45 pmRNSProposed Placing and Subscription
16th Apr 20265:46 pmRNSHolding(s) in Company
9th Apr 20267:00 amRNSQ1 Investor Summary
9th Mar 20267:00 amRNSCommencement of Geophysical Programme in Botswana
22nd Jan 20267:00 amRNS-RInvestor Presentation via Investor Meet Company
19th Dec 20257:00 amRNSManagement Change
19th Dec 20257:00 amRNSManagement Change
18th Nov 20253:13 pmRNSZambia Legal Update
3rd Nov 20257:00 amRNSAvanti Settlement Received
20th Oct 20257:00 amRNSCessation Of Anglo American / Arc Joint Venture
25th Sep 20257:00 amRNSInterim Results
8th Sep 20257:00 amRNSDirectorate Change
15th Aug 202511:19 amRNSZambia Legal Update
30th Jul 202510:16 amRNSDirectorate Change
23rd Jul 20259:10 amRNSZambia Licence Renewals
21st Jul 20252:37 pmRNSZambia Legal Update
11th Jul 20257:00 amRNSSettlement Agreement Reached
27th Jun 20257:00 amRNSAnnual Report for Year Ended 31 December 2024
14th May 20257:00 amRNSGeneral Update
7th Apr 20257:30 amRNSIssuance of LTIPs
7th Apr 20257:00 amRNSAcquisition of Chingola Project
4th Feb 20258:45 amRNSAssay Results Extends Copper Mineralisation
16th Jan 20252:50 pmRNSZambia Interim Injunction Secured
15th Jan 202512:25 pmRNSZambia Licence Update
29th Nov 20244:21 pmRNSResults of AGM
28th Nov 20247:00 amRNSAnglo JV Payment
18th Nov 20245:53 pmRNSZambia – JV Subsidiary Legal Case
14th Nov 20247:00 amRNSDrilling Results Confirm Copper Mineralisation
11th Nov 20245:04 pmRNSNotice of AGM
7th Nov 20247:00 amRNSZambia Exploration Update
5th Nov 202412:00 pmRNSZambia Licence Update and Investor Call
9th Oct 20247:00 amRNSBotswana License Extensions
25th Sep 20247:01 amRNSBotswana Drilling Update
25th Sep 20247:00 amRNSInterim Results
17th Sep 20247:39 amRNSBlock Listing Six-Monthly Return
17th Sep 20247:38 amRNSBlock Listing Six-Monthly Return
12th Aug 20242:53 pmRNSIssue of Shares
7th Aug 202412:59 pmRNSZambia Drilling Commenced
1st Aug 20247:00 amRNSBotswana Drilling Update
15th Jul 20247:00 amRNSChange of Nominated Adviser and Joint Broker
1st Jul 20244:41 pmRNSPDMR Dealing
27th Jun 20247:00 amRNSAnnual Report for Year Ended 31 December 2023
19th Jun 20248:16 amRNSRestoration of Trading on AIM
19th Jun 20248:15 amRNSAIM Restoration - Arc Minerals Limited
17th Jun 20244:22 pmRNSSuspension
17th Jun 20243:57 pmRNSSuspension - ARC Minerals Limited

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