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Arc Minerals Discovers Significant Copper Mineralization in Zambia

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Arc Minerals Discovers Significant Copper Mineralization in Zambia

The latest update is out from ARC Minerals Limited ( (GB:ARCM) ).

Arc Minerals Limited has announced assay results from their joint venture with Anglo American in Zambia, revealing significant copper mineralization at the Cheyeza target. The results indicate potential for expanding known mineralization zones, with new drilling confirming both oxide and sulphide mineral presence. This development could enhance Arc’s operational capacity and strengthen its position in the copper exploration industry, potentially offering promising returns for stakeholders.

More about ARC Minerals Limited

Arc Minerals Limited is an exploration company focused on discovering and developing Tier 1 copper deposits. It operates primarily in Zambia, partnering with subsidiaries of major firms like Anglo American, to explore copper-rich regions such as the Zambian Copperbelt.

YTD Price Performance: 20.0%

Average Trading Volume: 5,400,286

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £21.72M

For detailed information about ARCM stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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