Arkle Resources PLC - Ireland-based gold and zinc explorer - Will commence drilling in next weeks in Stonepark block of licenses in Limerick, Ireland. Has 23% share of drilling programme at EUR75,000 with remaining interest held by Group Eleven Resources Corp. Total drilling area of 2,300 metres. Two holes of 250 metres and 400 metres to be drilled in hopes to extend Carrickittle prospect into Stonepark block in southwest. Three further holes will be drilled to test new prospects in east and south of the block.
Current stock price: 0.83 pence, up 28% on Wednesday
12-month change: down 56%
By Elizabeth Winter; elizabethwinter@alliancenews.com
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Arkle Res (ARK)