Arkle Resources plc’s joint venture has been awarded a further prospecting licence surrounded by the five already held in Stonepark, Ireland. PROSPECTIVE Canadian company Group Eleven Resources Corp holds 76.56% and Arkle owns the remaining 23.44% of the zinc project. Arkle said that the interpreted southwest continuation of the prospective Coonagh Castle Fault lay under […]
Tag: Arkle Resources plc
Arkle sampling identifies polymetal targets at Aughrim
Arkle Resources plc identified several targets of interest with anomalous polymetallic discoveries from prospecting on its Aughrim block in County Wicklow. PROMISING The four licences comprise a 152.01km2 extension of the company’s Mine River gold project on the border with County Wexford. Today’s published findings are from samples taken in November 2023 from priority targets. […]
Arkle awarded Makgadikgadi lithium licences
Arkle Resources plc has broadened its lithium exploration portfolio with two licences in the salt pans of northeast Botswana. TARGETS PL075/2023 and PL0148/2023, covering 312 and 525km2 respectively, lie in the Makgadikgadi salt pans. The company said that very little was known about the potential for lithium brines at the site. Initial prospecting is planned […]
Arkle to drill gold-bearing outcrop at Inishowen
Arkle Resources plc is this week due to start a four-hole drilling programme on the 46km2 gold licence in Inishowen, County Donegal. CONTINUITY The company will follow up work completed at the Meeneragh target and aim to test the main gold-bearing outcrop. Drilling, from two drill pads at -45 and -70 degrees, will focus on […]
Arkle identifies pegmatites at Aughrim
Arkle Resources plc said it had discovered pegmatites from visual observation during its initial prospecting programme on its Aughrim block of four licences in County Wicklow. EARLY DRILLING The company took samples from ten priority target areas including exposed granitic bodies which are part of the Leinster granite highly prospective for lithium, caesium and tantalum […]
Arkle raises £215,000 via placing
Arkle Resources plc has raised £215,000 before expenses through a placing of 61,428,571 new ordinary shares each at a price of 0.35p. DIRECTORS’ DEALINGS 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. Chairman John Teeling subscribed for 28,571,429 […]