Arc Minerals initiates drilling at Botswana’s Virgo project

17 June 2024

The company noted that the initiative follows a scout drilling programme that confirmed geological formations.

Arc Minerals has launched an exploration drilling programme in Botswana’s Kalahari Copper Belt (KCB), targeting its PL135/2017 and PL162/2017 licences within the Virgo Project.

This initiative follows a scout drilling programme that confirmed geological formations and an induced polarisation survey aiding in drill site selection. Arc noted that the exploration at PL135/2017 will employ percussion and RC drilling to penetrate the Kalahari sand and reach the target formations.

Khoemacau Copper Mining, whose prospecting licences surround Arc’s PL135/2017 licence on three sides, was recently purchased by MMG for around $1.9bn (A$2.88bn).

The PL135/2017 licence is situated on the south-east edge of the Kalahari Copper Belt. It shares a geological setting with the Mawana Gold Discovery, which Khoemacau recently drilled, and the Zone 9 exploration target, where drilling has already intersected economic grades of copper mineralisation.

See Also… The company’s prospecting permit has these discoveries at its north-western and south-eastern boundaries, respectively.

Source: https://www.mining-technology.com/news/arc-minerals-initiates-drilling/

6 months ago

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.