RNS26 Feb 2026 07:29
Arkle Resources PLC has commenced its Phase 1 uranium exploration program in Namibia, with airborne and ground-based geophysical surveys now underway on its four recently acquired exploration licenses covering 540 km². The company has completed one line of horizontal loop electromagnetic survey and initiated a substantial airborne survey of over 12,000 line-kilometers, both expected to conclude by mid-March. This work aims to generate high-quality drill targets for a planned Phase 2 program in the second half of 2026, which will include up to 4,000 meters of Reverse Circulation drilling, with the goal of estimating a maiden Mineral Resource Estimate in the first half of 2027. Previous sampling in 2025 confirmed surficial uranium, with assays up to 3,855 ppm U₃O₈.