- Arc Minerals said the width of the mineralised zone and the strike length at its Cheyeza East mine in Zambia had been extended following further drilling,

Drill holes six and seven, which were drilled either side of drill holes four and five, have demonstrated that the width of the mineralised zone along this drill profile is now in excess of 300m and still open ended, while the strike length in the north had extended to at least 650m, also remaining open ended, the company said.

Among the highlights of the drilling was 19.70 metres at 0.59% copper from 15.3 metres depth and 11 metres at 0.75% copper from 69.4 metres.

The company also touted optimism from maiden drilling of targets at Lumbeta and West Lunga.

'While we await the results of several new holes at Cheyeza East, investors should also look forward to maiden drilling at Lumbeta and West Lunga - two significant new targets which we are extremely excited by,' said Nick von Schirnding, Executive Chairman of Arc.

'A third drill rig is now mobilising to the Lumbeta target area where over 3,700 infill soil samples have been collected and where soil geochemistry provides encouragement that the target area may be copper bearing.'

'The largest of these zones is the western zone where the soil analysis can be traced for circa 4km and appears to represent the limbs of an interpreted anticline in this part of the license. We look forward to releasing further updates shortly."'

At 8:53am: [LON:ARCM] Arc Minerals Limited Ords Npv Di share price was -0.45p at 3.88p

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