Arc Exploration Limited is an Australian listed gold company focused on exploration in Indonesia. ARX aims to generate value through the discovery of high-grade gold, silver and associated base metal deposits within Indonesia's highly prospective magmatic arcs. The company has a 95% joint venture interest with PT Sumber Mineral Nusantara in the Trenggalek tenement located in East Java prospective for low sulphidation epithermal gold-silver deposits and also holds a 95% interest in the Bima tenement located in East Sumbawa of West Nusa Tenggara Province. In addition, in association with Anglo American Group, the company is also exploring for large porphyry copper-gold deposits in Papua.
ARX Price at posting:
4.8¢ Sentiment: ST Buy Disclosure: Held
