Arkle Resources plc’s operating partner has completed the drilling programme, started in September 2024, at the Stonepark zinc project in Limerick.
SHAREHOLDING
Group Eleven Resources Corp drilled three holes for 1,372 metres across the southern part of the block, with analysis underway.
The operations are part of a larger campaign mainly focused on the adjacent Carrickittle and Ballywire licences, owned by Group Eleven.
Arkle said it would not to use its cash resources to finance its share of the drilling.
The company’s project interest is expected to reduce from 23.44% to 22.36%, with Group Eleven owning 77.64%.