- Arc Minerals said that recent drilling at the Muswema prospect in Zambia had confirmed the presence of copper mineralisation.

Highlights included intersecting nine metres at 0.47% copper from three metres depth.

'The identification of Muswema as another mineralised target is excellent news and confirms that our license areas are developing into a potentially significant source of copper,' executive chairman Nick von Schirnding said.

At 1:18pm: [LON:ARCM] Arc Minerals Limited Ords Npv Di share price was +0.05p at 2.55p

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