Arkle Resources PLC - gold and zinc explorer with assets in Ireland - On Wednesday says that further analysis of hole 4 at the Mine River gold project confirms the grades reported on July 13. Results from hole 5 show grades of between 0.16 and 2.83 grams per tonne. Samples from hole 6 have been sent for analysis and drilling of hole 7 has now started.
"We continue to intercept more gold veins along strike...Although the bulk of the veins are low grade it proves the extension of them for hundreds of metres. This is now a substantial gold zone. The latest hole being drilled, hole 7, is located 100m eastwards of hole 5," Chair John Teeling says.
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By Ivan Edwards; ivanedwards@alliancenews.com
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Arkle Res (ARK)