ARC Minerals Limited (GB:ARCM) has released an update.
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Arc Minerals Ltd has reported visible copper mineralization in their initial drilling program at the Virgo Project in Botswana, with 1,824 meters already drilled and more planned beyond the initial 3,000-meter target. The drilling has been successful in reaching the target formations, and preparations are underway to ship core samples for assay to further identify the extent of the mineralization. The company is also making progress with their operations in Zambia and is in discussions with the Ministry of Mines regarding license applications.
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