Ankündigung • Jul 24
Arc Minerals Limited Publishes Geophysical Survey Results For Virgo Project In Botswana Arc Minerals Limited published the results of its geophysical programme over the licence PL135/2017 of the Virgo project, inside the Zone 5 corridor of the Kalahari Copper Belt in the Republic of Botswana. IP survey extends significantly the inferred contact between the D'Kar Formation and Ngwako Pan Formation within the licence to 18 kilometres. Several high-priority anomalies identified with strong Induced Polarisation chargeability/resistivity anomalies and areas of structural complexity creating favourable potential mineral trap sites. Final selection of drilling contractor imminent. Drilling activities expected to commence in early August. 3D Earth Exploration (Pty) Ltd. was contracted to conduct a ground magnetic and IP survey over the PL135/2017 licence, as a continuation from the 2024 IP survey. The programme commenced with a ground magnetic survey and was dominated by a large magnetic feature in the east that corresponds to known Kgwebe volcanics that heavily affected the magnetic signature. After completing 230 line km, it was decided that the focus of the programme should remain on the IP survey, which had strongly identified the prospective DKF-NPF contact in the 2024 IP campaign. The magnetic survey did pick up an area of structural complexity on the southern end of the Mawana Fold, which was further confirmed by the IP survey. This is now becoming an area of interest as it could potentially host mineral trap sites conducive to the formation of larger deposits. The IP survey consisted of a total of 59 line km, made up of 51 line km of Gradient IP and 8 line km of Insight Section IP. The survey employed a Walcer TX KW10 transmitter and an Iris Elrec Terra IP receiver. For both Gradient Array and Insight Section IP, a 25m dipole was used during measurements with a reading cycling time of 20 to optimize data quality by increasing signal to noise ratio. The survey lines were designed to cover the full extent of the inferred DKF-NPF contact across the licence and interpreted redox boundary. The IP survey appears to have extended the interpreted redox boundary (DKF-NPF Contact) by a further 14 kilometres to the east of the area surveyed in 2024, bringing the total contact length in the licence to 18 kilometres. The D'Kar Formation is typically characterised by high apparent chargeability and low apparent resistivity and occupies the southern side of the interpreted redox contact, whilst the northern side of the contact is assumed to be the Ngwako Pan Formation. A redox contact jog has been noted in the central part to the area surveyed and could also be an area to target for economic mineralization. The IP survey employed a Walcer TX KW10 transmitter and an Iris Elrec Terra IP receiver. The survey lines were designed to cover the full extent of the inferred D'Kar and Ngwako Pan contact across the licence and interpreted redox boundary. For Gradient Array the current electrode spacing AB was 2,000m on all surveys for a depth of investigation estimated at 400m (20% of AB). C1 was at station 0 and C2 at 2,000N or 1,000N and 3,000N, to cover the southern and northern 1,000m portions of the 2,000m traverse lines. The Insight Section IP survey consists of a number of readings at a given station at different current electrode separation representing different depths of investigation. The depth of each reading is 20% the current electrode spacing AB. Therefore, for depth levels from 50m to 400m at 50m intervals measured in this survey, the A-B separation was 250m to 2,000m at 250m intervals, respectively. The depth levels surveyed were at 50m intervals from 50m to 400m for all surveyed lines, corresponding to ABs from 250m to 2,000m. For both Gradient Array and Insight Section IP, a 25m dipole was used during measurements with a reading cycling time of 20 to optimize data quality by increasing signal to noise ratio. Data was downloaded daily on return to the camp in the evening and processed using Geosoft's Oasis Montaj. The following field processing was done: Download data for the survey line to date (from start to current day) into a laptop. The data was edited and XY coordinates in WGS84, Zone 34S inserted manually. Data was imported into a Geosoft database and gridded to produce chargeability and resistivity images which are then contoured. For Gradient Array data the grid cell size used is 125m (1/4 of 500m line spacing). For Insight Section IP, a cell size of 12.5m was used (1/4 of 50m depth layer separation). The Senior Geophysicist also gridded and QC'd the data on site daily before sharing with Alvis. The ground preparation for the following day was also adjusted according to the current output achieved on the day. For both the magnetic and Induced polarisation survey the interpretation remains qualitative and subject to geological validation through follow-up drilling. Magnetic, chargeable and resistive features identified from these surveys are considered exploration targets only and require follow-up geological and drilling validation. Ankündigung • Apr 25
Arc Minerals Limited has filed a Follow-on Equity Offering in the amount of £2.9 million. Arc Minerals Limited has filed a Follow-on Equity Offering in the amount of £2.9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 725,000,000
Price\Range: £0.004
Transaction Features: Subsequent Direct Listing Ankündigung • Apr 24
Arc Minerals Limited has completed a Follow-on Equity Offering in the amount of £3 million. Arc Minerals Limited has completed a Follow-on Equity Offering in the amount of £3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 750,000,000
Price\Range: £0.004
Transaction Features: Subsequent Direct Listing Ankündigung • Mar 11
Arc Minerals Limited Commences Geophysical Work Programme in Botswana Arc Minerals Limited announced the commencement of a ground-based magnetic survey and an Induced Polarisation survey over its PL135/2017 licence at the Virgo Project, located within the Central Structural Corridor of the Kalahari Copper Belt in the Republic of Botswana. Magnetic and Induced Polarisation surveys are designed to define the contact between the D'kar and Ngwako Pan formations. Field camp preparation commenced and teams mobilised to carry out these surveys. 295 line kilometers of ground-based magnetic surveying to start this week. 52.5 kilometers of Induced Polarisation surveying to follow immediately thereafter. Data acquisition and interpretation expected to be completed by the end of Second Quarter. The programme builds directly on the successful limited Induced Polarisation survey conducted over part of the PL135/2017 license in 2024, where the contact between the D'kar and Ngwako Pan formations were accurately identified and verified by the survey, before focused drilling commenced. The Company has decided to extend the Induced Polarisation survey to cover the full length of the hypothesized contact zone in its license area, and will be further complemented by a ground-based magnetic survey over the same length. All the known copper deposits and occurrences in the Kalahari Copper Belt occur at, or immediately above the D'kar and Ngwako Pan formations contact, particularly where structural domes create favourable settings for copper and silver mineralisation. The Company has contracted a Botswana-based geophysical company to carry out the surveys. A field camp has been established and will cater for over 50 people at peak activity, with the magnetic survey commencing this week. The planned ground-based magnetic survey consists of 295 line kilometers at a 50 meter line spacing, with readings taken every 5 meters. The magnetic survey will provide additional granularity around the structures coming into and around the dome and along the limbs, significantly refining the Company's geological model and overall understanding. The ground-based Gradient Array Induced Polarisation survey over the contact zone and its extents will assist in accurately identifying the location of the D'kar and Ngwako Pan formations contact and provide an efficient, cost-effective and high-resolution map of the sub-surface chargeability and resistivity, discriminating between types of conductive structures and providing targets for drilling. A total of 52.5 line kilometers are planned to be surveyed, comprising 42.5 kilometers of Gradient Induced Polarisation and 10 kilometers of insight Section Induced Polarisation. The survey employs a pole-dipole array with 25 meter electrode spacing. Ankündigung • Jul 31
Arc Minerals Limited Announces Resignation of Valentine Chitalu from the Board, Effective July 30, 2025 Arc Minerals Limited announced that Mr. Valentine Chitalu has resigned from the board of the company with effect from 30 July 2025. In recent months, Mr. Chitalu's commitments to his other interests have increased significantly, and he no longer believes he can devote sufficient time to fulfil his responsibilities to Arc. Ankündigung • Feb 04
Arc Minerals Ltd Announces Assay Results Extends Copper Mineralisation Arc Minerals provided an update on exploration activities at its Joint Venture with a subsidiary of Anglo American in Zambia. Highlights: Diamond Drill Hole KCDD002 - 40.60m @ 0.61% Cu from 22.25m: Incl. 7.70m @ 1.72% Cu from 26.75m, or 12.75m @ 1.20% Cu from 22.25m. Mineralisation confirmed 1.5km from Cheyeza East Oxide Occurrence. Both Oxide and Sulphide Mineralisation Intersected. Six holes completed for a total of 4,016m drilled at four targets. Deepest hole drilled down to 977.40m. Sulphide Mineralisation confirmed at Nkwazhi. Following an extensive geological mapping and rock chip and soil sampling program over the Anglo JV license areas, a diamond drilling campaign commenced in August 2024 with six drill holes completed for 4016 m. Assay results have now been received for three of the six holes. Near surface mineralisation observed at a new target approximately one and a half kilometres east of the existing oxide occurrence at Cheyeza has been verified by diamond drilling. Assay data from hole KCDD002 includes 40.60m at 0.61% Cu from 22.25m down the hole, including 12.75m @ 1.20% Cu from 22.25m and 7.70m @ 1.72% Cu from 26.75m. The KCDD002 assay results demonstrate the potential to add to the known extents of the oxide occurrences at Cheyeza, where similar high grade zones have been intersected and reported in the past. Historic hole CHDDE004 intersected 18m @ 2.35% Cu from 30.60m with a higher grade zone of 7.60m @ 4.15% Cu from 39m, and hole CHDDE060 intersected 39m @ 1.47% Cu with a higher grade zone of 10m @ 2.25% Cu from 41m. Importantly and unlike the previously reported oxide occurrence which is characterised as being a remobilised copper oxide occurrence, the oxide mineralisation intersected in hole KCDD002 may be the result of weathering of sulphide mineralisation at source, which is supported by the presence of sulphide mineralisation below the oxide zone. Assay results have also been received for the two holes drilled at the new target Nkwazhi, where low grade sulphide mineralisation was confirmed in the first hole.