Arkle Resources plc has started sampling at its two lithium brine licences in the Makgadikgadi salt pans in Botswana. ANALYSIS The programme comes ahead of early-stage prospecting due to begin in days on its Zimbabwe hard rock licences also prospective for lithium. Covering a total 837km2 the Makgadikgadi licences showed in July the presence of […]
Tag: Arkle Resources plc
Arkle JV begins Carrickittle West drilling
Arkle Resources plc joint venture partner has started a drilling campaign on the Carrickittle West area in the southern part of the Stonepark block in Limerick, Ireland. EXTENSIONS The company believes that the seven-licence block contains more than 45 million tonnes of inferred zinc/lead ore. Operator Group Eleven Resources Corp will drill four to six […]
Arkle survey indicates Makgadikgadi brines
Arkle Resources plc said survey analysis across its two Makgadikgadi blocks indicated the presence of a conductive layer, expected to be brines, averaging 30 metres deep. SAMPLING Four wide spaced transient electromagnetic lines were completed across the near 1,000 km2 area in the salt pans of northeast Botswana, with results pending. Samples of the brines […]
Arkle NED purchases 5m shares
Arkle Resources plc non-executive director David Cockbill has acquired 5 million ordinary shares of €0.0025 each in the company. The purchase, at 0.23p and 0.24p per share, takes his beneficial interest in the company to 18,435,408 ordinary shares. The figure represents 3.26% of Arkle’s issued share capital.
Arkle raises £270,000 via placing
Arkle Resources plc has raised £270,000 before expenses via a placing of 108,000,000 new ordinary shares at a price of 0.25p per share. DIRECTORS Each placing share has one warrant attached with the right to subscribe for one new ordinary share at 0.35p for a period of two years. Proceeds will be used for lithium exploration […]
Arkle drill results expand strike length at Inishowen
Arkle Resources plc said results from drilling in December at the Inishowen prospect had expanded the strike length of the known gold bearing structure. FLUCTUATIONS The company drilled four holes for a total 220.4m, of which the first two targeted the main vein at Meeneragh. Recorded gold grades, found within quartz veins and fault gouge […]