REG - Arc Minerals Limited - Commencement of Geophysical Programme in Botswana

ARC MineralsAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260309:nRSI7626Va&default-theme=true

RNS Number : 7626V  Arc Minerals Limited  09 March 2026

09 March 2026, 07:00 UTC

 

Arc Minerals Ltd

('Arc' or the 'Company')

Commencement of Geophysical Work Programme in Botswana

 

Arc Minerals (LSE: ARCM), an exploration company focused on discovering and
developing Tier 1 copper deposits, is pleased to announce the commencement of
a ground-based magnetic survey and an Induced Polarisation ('IP') survey over
its PL135/2017 licence at the Virgo Project, located within the highly
prospective Central Structural Corridor of the Kalahari Copper Belt ('KCB') in
the Republic of Botswana.

 

Highlights

 

·    Magnetic and IP surveys are designed to define the contact between
the D'kar and Ngwako Pan formations ('DKF-NPF')

·    Field camp preparation commenced and teams mobilised to carry out
these surveys

·    295 line kilometers ('km') of ground-based magnetic surveying to
start this week

·    52.5km of IP surveying to follow immediatetly thereafter

·    Data acquisiton and interpretation expected to be completed by the
end of Q2

 

Remy Welschinger, Chief Executive Officer of Arc, commented:

"This programme represents an important step in unlocking the potential of our
Virgo license. We look forward to completing this exciting work programme,
with the ultimate objective of defining up to 15 kilometres of prospective
DKF-NPF contact within the licence. This contact acts as the key exploration
target in this part of the Kalahari CopperBelt and the host zone for many of
the defined copper resources in the area."

 

 

Geophysical Survey Background

 

The programme builds directly on the successful limited IP survey conducted
over part of the PL135/2017 license in 2024, where the contact between the
DKF-NPF formations were accurately identified and verified by the survey,
before focused drilling commenced. The Company has decided to extend the IP
survey to cover the full length of the hypothesized contact zone in its
license area, and will be further complemented by a ground-based magnetic
survey over the same length.

 

All the known copper deposits and occurrences in the KCB occur at, or
immediately above the DKF-NPF contact, particularly where structural domes
create favourable settings for copper and silver mineralisation.

 

The Company has contracted a Botswana-based geophysical company to carry out
the surveys. A field camp has been established and will cater for over 50
people at peak activity, with the magnetic survey commencing this week.

 

The planned ground-based magnetic survey consists of 295 line kms at a 50
metre ('m') line spacing, with readings taken every 5m (Figure 1). The
magnetic survey will provide additional granularity around the structures
coming into and around the dome and along the limbs, significantly refining
the Company's geological model and overall understanding.

 

Figure 1. Planned ground-based magnetic survey over the assumed extension of
the DKF-NPF Contact

 

The ground-based Gradient Array IP survey over the contact zone and its
extents (Figure 2) will assist in accurately identifying the location of the
DKF-NPF contact and provide an efficient, cost-effective and high-resolution
map of the sub-surface chargeability and resisitivity, discriminating between
types of conductive structures and providing targets for drilling.

 

A total of 52.5 line km are planned to be surveyed, comprising 42.5km of
Gradient IP and 10km of insight Section IP. The survey employs a pole-dipole
array with 25m electrode spacing.

 

Figure 2. Proposed Induced Polarisation survey over assumed extension of the
DKF-NPF Contact

 

 

 

For further information contact:

 Arc Minerals Ltd                                         info@arcminerals.com (mailto:info@arcminerals.com)

 Remy Welschinger (Chief Executive Officer)

 Zeus Capital Ltd (Nominated Adviser & Joint Broker)      Tel: +44 (0) 20 3829 5000

 Katy Mitchell/Harry Ansell

 Shard Capital Partners LLP (Joint Broker)                Tel: +44 (0) 20 7186 9952

 Damon Heath

 

For more information, visit www.arcminerals.com (http://www.arcminerals.com/)

 

Forward-looking Statements

This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterised by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will"
occur. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual events or results to
differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such factors include, among
others: the actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans continue to be
refined; possible variations in ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; delays in obtaining
governmental approvals or financing; and fluctuations in metal prices. There
may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results or otherwise. Forward-looking statements are not
guarantees of future performance and accordingly undue reliance should not be
put on such statements due to the inherent uncertainty therein.

 

**ENDS**

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEASDXEFEKEFA



            Copyright 2019 Regulatory News Service, all rights reserved