Arc Minerals Share Discussion Threads

[1savvyinvestor] 04/2/2019 12:03

I'll take a look. He is tweeting from SA too;

[bigboyblue] 04/2/2019 11:44

I'm suffering from poor internet connection. Was trying to post the proactive investors interview but I can't make the link work. Anyway.....interview with NvS is on proactive

[bigboyblue] 04/2/2019 11:24

[...]

This sounds good.

[cpap man] 04/2/2019 10:55

ARC Minerals* (ARCM LN) 3.0p, Mkt Cap £19.4m – New target discoveries at Zamsort

Initial results from the airborne geophysical and soil sampling programme at the Zamsort Copper-Cobalt project in Zambia identified significant new target areas, focusing on Cheyeza West and Lumbeta.

The company note the Cheyeza West target is the most significant with a core 3km x 3km anomaly outlined by very high Cu values in the soils enclosed by the wider 10km x 8km Cheyeza anomaly. In addition, the co-incident electromagnetic anomaly over this 3km core, indicates conductivity within the host rock, has moved Cheyeza West to the top of the company's internal ranking of its exploration targets.

The second highest ranking target, Lumbeta, stretches for 11km and is associated with the crest of the fold. These hinge points in a folded environment can act as mineralisation traps and form high grade deposits.

Historical drilling at Cheyeza East has intersected zones of copper mineralisation averaging 0.6%. Similarly, at Fwiji and Nyambwezu, grades averaging 0.5% copper have been reported.

The Company conducted a comprehensive high-resolution airborne geophysical survey over its Zamsort project. The Zamsort project licenses cover in excess of 850 km² and host a large number of targets in addition to the Kalaba Copper-Cobalt Prospect. The company is currently delineating a Resource for the Commercial Scale Demonstration plant as well as a Maiden JORC-Code Mineral Resource for the deposit based on drilling to date.

The airborne geophysical survey which collected magnetic data and measured radiometric emissions, was conducted by Xcalibur Airborne Geophysics. The survey covered the entire license areas and comprised 5,218 line-kilometres. The survey was conducted using a 200m line spacing and flying along NW-SE flight lines.

The company has extended the soil sampling programme comprising 28,000 soil samples, collected using a 1km line spacing with soil samples taken every 50m.

*SP Angel acts as nomad and broker to Arc Minerals.

[1savvyinvestor] 04/2/2019 10:04

I have updated the header. Any other changes I should make?

[rickyhatton] 04/2/2019 09:36

"Cheyeza West is the most exciting of the new targets with a core 3km x 3km anomaly outlined by very high Cu values in the soils enclosed by the wider 10km x 8km Cheyeza anomaly. In addition, the co-incident electromagnetic anomaly over this 3km core, indicates conductivity within the host rock, has moved Cheyeza West to the top of the company's internal ranking of its exploration targets"

[bigboyblue] 04/2/2019 09:32

Agreed cbeadle. Announcements like today's are good news but won't move the share price much. Anything involving money will, like sale of Casa, or a JV with a major for part or all of Zamsort area. When that happens the news will come out of the blue and I wouldn't want to miss that particular boat.

[dmitribollokov] 04/2/2019 09:31

Think this is about to erupt. CSD plant should be operational this week too.

"an initial capacity to process 10,000 tonnes per month. The back end of the plant is due to commission in the next week and initial production is scheduled to commence shortly thereafter.

The plant has a fully permitted renewable mining license through to 2025 and is fully funded through to initial production. Discussions are currently underway with a number of off-takers regarding future sales."

The impact of that cannot be underestimated...

[cbeadle] 04/2/2019 09:23

There is quite a chance that an announcement eg JV will come, and ARCM will be transformed to a much higher level and the 3p level will be completely historic. I certainly wouldn’t want to short ever at this level!

[fatboy1nc] 04/2/2019 09:06

2 clowns at best :) lol.

[dmitribollokov] 04/2/2019 08:42

just ignore, the clowns will get bored.

[fatboy1nc] 04/2/2019 08:41

Morning Mr L (250k). Your mm is playing hard for you today.

[1savvyinvestor] 04/2/2019 08:41

Dear rtw. Please explain yourself rather than lazy red ticks

[dmitribollokov] 04/2/2019 08:35

Ha yes, saw that cpap, there are some sad people out there...

[fatboy1nc] 04/2/2019 08:29

Agreed with the general consensus about today's announcement it's excellent. But intraday wise.. we have some games emerging on the terminal. Same mo. Don't be surprised ( would love this to keep climbing) that ARCM will end flat or neg. Yes I will be adding... but not with this mm still at play for the time being .

[1savvyinvestor] 04/2/2019 08:27

All very positive. Still a few willing to sell into this which is holding back a quicker positive share price reaction. I'll add highlights from this rns to the header when I have a moment

[cpap man] 04/2/2019 08:25

Nick von Schirnding, Executive Chairman of Arc Minerals commented:

"The initial results from the airborne survey and soil sampling programme are extremely exciting and have exceeded all our expectations. It is clear that our licences lie in a very prospective mineral belt adjacent to Zambia's largest copper mines and we believe have the potential to host not one but multiple large new copper deposits.



The two new target discoveries, which are close to 10 times the size of Kalaba, with strong soil geochem and geophysical properties/grades, is a potential game changer for Arc Minerals. We have been approached by some very large industry players and are in discussions. We continue to assess the data as it becomes available and look forward to reporting further on this shortly."

[cbeadle] 04/2/2019 08:16

This is a most promising asset Zamsort looks much better and bigger than it first seemed. Zambia is well established for copper mining and this could be a game changer for ARC Minerals with a market cap only around £20m level. It seems the risk-reward equation has improved!

[cpap man] 04/2/2019 08:02

Arc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration





4 February 2019

Arc Minerals Ltd

('Arc' or the 'Company')



Significant New Targets Discovered at Zamsort



Arc Minerals is pleased to announce that initial results from its airborne geophysical and soil sampling programme at the Zamsort Copper-Cobalt project ("Zamsort") in north western Zambia have identified significant new target areas.



Highlights:



· Two large new targets discovered - Cheyeza West and Lumbeta

· Wider Cheyeza anomaly of 10km x 8km

· Lumbeta anomaly stretches 11km

· Eight significant targets confirmed



The initial results indicate several new large anomalies, a number of which stretch for many kilometres. Cheyeza West is the most exciting of the new targets with a core 3km x 3km anomaly outlined by very high Cu values in the soils enclosed by the wider 10km x 8km Cheyeza anomaly. In addition, the co-incident electromagnetic anomaly over this 3km core, indicates conductivity within the host rock, has moved Cheyeza West to the top of the company's internal ranking of its exploration targets.



The Lumbeta target, the Company's second ranked and stretching for 11km, is associated with the crest of a fold. These hinge points in a folded environment can act as mineralisation traps and form high grade deposits.



Historical drilling at Cheyeza East has intersected zones of copper mineralisation averaging 0.6%. Similarly, at Fwiji and Nyambwezu, grades averaging 0.5% copper have been reported. The location of these new target areas appears to be higher up in the stratigraphy in the central part of the license, which has not been previously explored.



The Company continues to assess the results with its external exploration consultants and a more detailed update is expected shortly.



Nick von Schirnding, Executive Chairman of Arc Minerals commented:

"The initial results from the airborne survey and soil sampling programme are extremely exciting and have exceeded all our expectations. It is clear that our licences lie in a very prospective mineral belt adjacent to Zambia's largest copper mines and we believe have the potential to host not one but multiple large new copper deposits.



The two new target discoveries, which are close to 10 times the size of Kalaba, with strong soil geochem and geophysical properties/grades, is a potential game changer for Arc Minerals. We have been approached by some very large industry players and are in discussions. We continue to assess the data as it becomes available and look forward to reporting further on this shortly."

[rickyhatton] 04/2/2019 07:56

"The two new target discoveries, which are close to 10 times the size of Kalaba, with strong soil geochem and geophysical properties/grades, is a potential game changer for Arc Minerals. We have been approached by some very large industry players and are in discussions. We continue to assess the data as it becomes available and look forward to reporting further on this shortly."

[dmitribollokov] 04/2/2019 07:26

Excellent, feels like a lot more like this to come...

[walter walcarpets] 04/2/2019 07:12

You're not wrong bigboy; excellent RNS.

[bigboyblue] 03/2/2019 19:20

NvS is speaking at the Indaba conference this week and he wouldn't be doing that without something to talk about. I'd say an RNS is practically a cert on Monday or Tuesday.

[cbeadle] 31/1/2019 23:03

Quiet day today, hopefully just marking time before news, but really encouraging we are back to 3p!