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Arc Minerals ups stake in Zamsort, kicks off new drilling programme

Nick von Schirnding, executive chairman of Arc Minerals Limited (LON:ARCM), caught up with Proactive's Andrew Scott following their investor evening in London.

''We had a very successful formal launch of our partnership with our Zamsort entity and the Minister of Mines for Zambia was there, we were very honoured by that ... the High Commissioner for Zambia in the UK was there  ...so a very good turnout from the Zambian government and from investors''.

Arc's this week commenced drilling at the Zamsort Copper Cobalt project in Zambia, while also upping its stake in the project by 5%.

Quick facts: Arc Minerals Limited

Price: 2.3 GBX

Market: AIM
Market Cap: £22.24 m

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on 16/8/19

2 min read