Bukowski (Takenorisk) every deposit starts with The first successful hole.
Second phase, They will be Vectoring Away from The iron rich zone, Towards the copper mineralised zone, with a potential 5 km of strike, it sounds promising to me.
Can we expect more of your IDs today? |
Coming back up now, as expected. Only a day trader would have sold on those results when the main course is about to be served up. |
Paul they said they will do a second phase and "vector away from the iron rich zone".........if what they hit was any good they wouldn't be vectoring away, ie legging it and looking for decent hits away from this iron rich zone.In my opinion this single hole and the 7 others not yet published were effectively dusters!This is all in my humble opinion!! Please DYOR! |
Morning Bukowski ( Blakesmith ) |
The pumpers these days are absent from Twitter They seem to have recently disappeared Market makers only interested in making a stock rise when there's something in it for them Like forward selling of placings warrants |
So we now know copper mineralisation is there, Having drilled across the target.
“ We will target the inner copper zone”
“ We believe there to be a further (5km) Of strike along which to drill”
Sounds bigger than I first thought. |
It's sad that the usual suspects are trying to pump this shocking single drill hole.Where are the other 7 holes? What kind of mineralisation is around this 6 meters of 0.63% Cu ?Again, where are the cross sections of the drilling campaign?Not a shock to me, bang on form if I'm being honest! |
Like I said below. Small bounce welcome. Hope it continues then, as I said waiting game for discover or bust. I am in the discovery camp as a LTH. Gla |
Nick von Schirnding, Executive Chairman of Arc Minerals, commented:
"I am very pleased to report that assay results from the first phase of drilling at our Botswana project identified good copper mineralisation and similar geological settings to neighbouring MMG's Zone 5. These results confirm our view that we have economic grades of copper mineralisation especially in the context of increasing interest by majors in our license. We will continue our drill programme to target the inner copper zone, presenting what we believe to be a further 5km strike along which to drill." |
1% over 9m.On fringe of deposit, ie more to come.It's adjacent ie an extension to existing mine so it uses their tunnels, shafts, processing. Meaning it doesn't have to be top grade Cu. |
COPPER: Anything over 100 metres and 1% copper equivalent or better is considered to be high-grade. For example, Serengeti Resources announced 119.6 metres of 0.9% copper equivalent (copper plus gold values added together) at depths from 180 to 300 metres.
So not great, only 3m. |
Nasty dip in pre bid price. Probably more waiting now for discovery or bust :-/ |
3,000m you d*ckhead. High grade as above >1%. |
I'm with you these are poor results for 6000 metres of diamond drilling. Lets see what FQT find at TYM |
Poor results |
Archer was asking good questions but hogging the Mike and NVS wanted to be sure others had the chance to ask Q's. Not unreasonable after 28 mins |
It's there for people to listen to, 28 minutes in you cretin.Nick says something like I'm conscious of time and blasted through all the questions!To be fair Vassillios, or Vassy old boy as I lime to call him, seemed open to answering questions while Nick seemed like he didn't want to be there IMHO..dyor!!!! |
As mentioned on the call, We have a major on board with untold millions.
Arcm hosted the call To highlight the new priority target, Arcm, Anglo-American, And the technical team from around the world are excited.
They are drilling deeper at this target..
The 45 m find at Cheyeza Didn’t get them excited,
What has. |
Tertiary's Mupala license must also be in the mix |
Nick didn't seem too happy with Archer's questions. He effectively cut him off and ended his questions at 28 minutes when Charlie asked about roads and drilling through the rainy season....ROFLMFAO |
A Charles Archer question.
David Wood, Has he seen the core?
“He was on the technical call, And has seen the core, He was making comments on what he thought was going on, was quite encouraged and really impressed with what he was Seeing, Yep, it’s all good” NVS cuts in
Saying he had to kick Vassilios, who had also said “We know copper is there because we’ve seen it in the rocks”
“Not quite in it, Potentially on the edge of it”
The technical team from Australia, South Africa, Zambia, and the UK were very encouraged by what they were Seeing.
NVS “It may mean we are on the cusp of something much much larger than anything we have drilled to date”. |
I think some of the comments from the last investor call are highly encouraging.
Cheyeza East.. “it’s hugely exciting and the J.V will go back, But it didn’t show up the structures the J.V are now after,
Which would really highlight the potential to drill much deeper and further, And so on, That we are doing now at the latest target”
( So we are drilling deeper at this first JV priority target ) |
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