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Arc identifies priority target for drilling in Zambian JV
Arc Minerals has observed copper mineralisation at all targets drilled on the joint venture (JV) project it has with Anglo American in .
Published by Marleny Arnoldi in www.miningweekly.com
Arc Minerals has observed copper mineralisation at all targets drilled on the joint venture (JV) project it has with Anglo American in
The companies have identified priority targets for further investigation and drilling is set to continue into the country’s rainy season.
One target in particular, close to Muswema, has moved to the top-ranked priority and exhibits alteration mineralogy comparable to known deposits within the Domes region of the Zambian Copperbelt, with visible copper mineralisation observed in the core, explains Arc chairperson Nick von Schirnding.
The company has sent samples to a laboratory for assaying and will report on the results soon.
Arc entered into a JV with Anglo on its Zambian copper project, comprising a number of licences over 870 km2 in the North Western province of the country.
The JV is held 70% by Anglo American and 30% by Unico Minerals, which is a 67%-owned subsidiary of Arc.
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