SHUKA MINERALS PLC - Kabwe Drilling (KBDD08) 3% Copper mineralisation identified with most recent drilling

What this filing means

Shuka Minerals has intersected copper mineralisation of up to 3% alongside high-grade zinc at its Kabwe project, with the KBDD08 hole being the eighth in a steady run of drill updates. The copper component is the genuinely new element here. The catch is that the share has already rallied — roughly 17% in the 20 trading days before the announcement — so the market has been actively following the drill bit. This is a constructive data point, but largely confirmation of an already-priced explorati…