Arcadia Minerals Completes RC drilling at Karibib, Namibia
- Arcadia Minerals (AM7) completes a 10-hole reverse circulation (RC) drilling program at its Karibib copper-gold project in Namibia
- The work was completed by Hammerstein Mining and Drilling, with 551 metres drilled to target lithologies known to contain mineralisation
- Arcadia took 240 samples from lithologies, which it has now sent off to Scientific Services in Cape Town for assay, with results expected by the end of October
- An electromagnetic survey is now underway to refine Arcadia’s understanding of the mineralisation and identify further drill targets
- Shares in Arcadia are down 3.23 per cent and trading at 30 cents at 3:20 pm AEST
