Arc Minerals Limited Npv Di — Quarterly Investor Update – Q3 2026

(LSE: ARCM) Arc Minerals Ltd published its quarterly investor update for Q3 2026, detailing operational and financial progress across its copper exploration projects in Africa. The company completed geophysical surveys in Botswana, inferring 18 kilometres of prospective contact between the D'Kar Formation and Ngwako Pan Formation (DKF-NPF contact) at the Virgo project. Drilling activities at Virgo commenced in early September, with three holes completed to date along the DKF-NPF contact, and the total drilling campaign is expected to exceed 6,000 metres. The drilling programme is being conducted by G D E Botswana Drilling & Exploration Pty Ltd (Global Drill). Renewal applications for licences PL135/2017 and PL162/2017 in Botswana are expected to be approved shortly. Virgo remains the only junior-held licence package within MMG's Zone 5 Corridor. In Zambia, the dual-track strategy at Kabompo West has advanced, with active discussions ongoing with a shortlist of large mining companies regarding potential strategic partnerships, alongside a comprehensive review of the project's geological, geophysical, and drilling database, including AI-assisted geological interpretation. The company holds a large-scale exploration licence (41260-HQ-LEL) at the greenfield Mpongwe project in Zambia's Copperbelt Province, covering approximately 25,725 hectares, granted in November 2025 and held by Foreland Minerals Limited, a wholly owned subsidiary. Early-stage exploration at Mpongwe will focus on geochemical surveying. As of 30 June 2026, Arc Minerals reported liquidity of more than £2.8 million, comprising £1,861,000 in cash, £504,000 in short-term investments, and £520,000 in cash at the Handa group (restricted as of June but restored in September), totaling approximately £2.89 million. The unaudited financial results for the six months ended 30 June 2026 were published during the quarter. Brian McMaster resigned as non-executive director in August. The company is led by CEO Rémy Welschinger, who commented on the progress in both Botswana and Zambia. The company expects to provide further updates as results and developments occur.

Arc Minerals Limited NPV