Arc Minerals Limited (LSE:ARCM) has published its audited financial statements for the year ending December 2024, showcasing notable progress in its exploration initiatives. In partnership with Anglo American, the company began drilling operations in Zambia, where early results from the Cheyeza target point to encouraging copper mineralization.
Further strengthening its footprint in the region, Arc Minerals has signed a deal to acquire the Chingola Project in the heart of the Zambian Copperbelt—an area known for its rich copper deposits. This acquisition is poised to significantly expand the company’s resource base. In Botswana, Arc completed its first-ever exploration campaign and secured extensions to its prospecting licenses. Follow-up exploration activities are already being planned to build on the initial positive outcomes.
These strategic developments underline Arc Minerals’ commitment to becoming a key player in the copper exploration sector, with a focus on unlocking long-term value for shareholders.
About Arc Minerals Limited
Arc Minerals is a resource exploration company with a primary focus on copper assets. Active in Zambia and Botswana, the company is dedicated to discovering and developing high-potential mineral projects to support the global demand for critical raw materials.
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