Highlights:
- On 30 May 2024, the company reported on the results of an encouraging Induced Polarisation Survey which confirmed potential drill targets along two distinct trends of high chargeability close to the interpreted redox contact.
- A large, previously unknown anomaly of high chargeability and low resistivity was also detected at depth.
- This approximately 3000 m maiden exploration drilling programme will comprise a combination of Reverse Circulation and Diamond Drill holes to test these anomalies.
Nick von Schirnding, Executive Chairman of Arc Minerals, commented:
“I am very pleased that drilling is now underway at our Virgo Project. This will be a busy and exciting period for the Company and I look forward to reporting back on the results from these activities.”
