Arkle Resources plc’s joint venture partner has completed the three remaining holes of a drill campaign at the Stonepark zinc project in Limerick, Ireland.
CARRICKITTLE WEST
Operator Group Eleven Resources Corp drilled a total six holes in the original 2022 programme.
The three completed holes were funded earlier in the year from Arkle’s cash resources.
Arkle said that the additional deeper hole on the Stonepark block, called Carrickittle West, will be drilled when the JV received permits.
The company will use its recent £200,000 fundraise to participate fully in the new “high potential, but high risk” exploration drill hole.
Group Eleven owns 76.56% of Stonepark and Arkle holds 23.44%.