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Pin to quick picksArkle Res Regulatory News (ARK)

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Gold Drilling Update

20 Dec 2023 07:00

RNS Number : 3665X
Arkle Resources PLC
20 December 2023
 

20 December 2023

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

Gold Drilling Update

 

Highlights

 

- Drilling completed in Donegal

- The target vein was found in all four holes

- 220.4m drilled over four holes

 

Arkle Resources (AIM:ARK) is pleased to announce that drilling has now been completed on the Inishowen Co. Donegal gold prospect. Core has been sent for analyses and results are due by the end of January.

 

The drilling program, designed to assess the main gold-bearing outcrop was successful in the identification of vein bearing structures in all four holes and is a positive indicator of the prospect's potential.

 

Additional drill holes have been permitted, contingent on the results obtained from this phase of drilling. The success of the current drilling program opens the door for further exploration and potential expansion of the project.

 

John Teeling, Chairman, commented, "It is gratifying to resume exploration activities at Inishowen. The positive results from this drilling campaign have allowed us to trace the main vein along strike and at depth and we are now positioned to expand our understanding of the geological potential in this region."

 

 

 

This announcement has been reviewed and approved by Gavin Berkenheger (CGeol) in his capacity as the Qualified Person for the purposes of the AIM Note for Mining, Oil and Gas Companies issued by the London Stock Exchange.

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

 

Enquiries:

 

Arkle Resources PLC

John Teeling, Chairman

+353 (0) 1 833 2833

Jim Finn, Finance Director

+353 (0) 1 833 2833

SP Angel Corporate Finance LLPNominated Adviser & Joint Broker

Matthew Johnson/Adam Cowl

+44 (0) 203 470 0470

First Equity Limited

Joint Broker

Jason Robertson

+44 (0) 207 374 2212

BlytheRay

+44 (0) 207 138 3204

Megan Ray

Teneo

 

Luke Hogg

+353 (0) 1 661 4055

 

Information for Editors

Arkle is a diversified exploration company with lithium exploration licences in Ireland, Zimbabwe and Botswana and gold and zinc projects in Ireland.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDTLBRTMTTBBTJ
Date   Source Headline
28th May 20157:00 amRNSInitial Results, Inishowen Gold Licences
1st May 201511:15 amRNSChange of Adviser
14th Apr 20157:00 amRNSFive New Prospecting Licences
10th Dec 20147:00 amRNSAppointment of Director
26th Nov 20147:00 amRNSOldcastle Exploration Update
10th Nov 20147:00 amRNSDrilling Starts on Oldcastle Block
13th Oct 201411:28 amRNSAppointment of Joint Broker
18th Sep 20147:00 amRNSFundraising and Issue of Equity
17th Sep 20147:00 amRNSInterim Statement for period ended 30 June 2014
22nd Aug 20147:00 amRNSNew Prospecting Licence in Kilkenny
17th Jul 201412:00 pmRNSResult of AGM
18th Jun 20147:00 amRNSFinal Results for the Year Ended 31 December 2013
14th Apr 20147:00 amRNSExploration on Thurles & Donegal Blocks
11th Apr 20143:59 pmRNSExploration on Thurles & Donegal Blocks
21st Nov 20137:00 amRNSOldcastle Block Exploration Update
4th Nov 20137:00 amRNSTen Prospecting Licences Awarded in Ireland
20th Sep 20137:00 amRNSInterim Statement
26th Jul 20133:00 pmRNSResult of AGM
25th Jun 20137:00 amRNSFinal Results
10th May 20134:14 pmRNSHigh Court Ruling
30th Apr 20137:00 amRNSTotal Voting Rights
26th Apr 20132:16 pmRNSHolding(s) in Company
24th Apr 20139:48 amRNSHolding(s) in Company
22nd Apr 20137:00 amRNSFundraising and Issue of Equity
8th Apr 20133:16 pmRNSHolding(s) in Company
8th Apr 20133:14 pmRNSHolding(s) in Company
8th Apr 20137:00 amRNSExercise of options / PDMR Holdings
5th Apr 20133:45 pmRNSHolding(s) in Company
5th Apr 20133:37 pmRNSHolding(s) in Company
11th Dec 20127:00 amRNSWicklow and Wexford Gold
20th Nov 20127:00 amRNSExploration Update
24th Sep 20127:00 amRNSInterim Results
19th Sep 20128:20 amRNSOldcastle Block Exploration Update
26th Jul 20124:10 pmRNSResult of AGM
24th Jul 20127:00 amRNSPositive Results from Wicklow Gold Survey
20th Jul 20129:20 amRNSAgreement with Teck Ireland
5th Jul 20127:00 amRNSDrilling on Thurles Block
27th Jun 20127:00 amRNSAnnual Report and Accounts
19th Jun 20127:00 amRNSFinal Results
1st Jun 20127:00 amRNSDrilling on Thurles Block
18th May 20129:36 amRNSHolding(s) in Company
16th May 20127:00 amRNSCompletion of airborne survey
30th Apr 20122:25 pmRNSHolding(s) in Company
24th Feb 20127:00 amRNSLimerick Zinc Discovery Update
15th Feb 201211:27 amRNSHolding(s) in Company
6th Feb 20123:51 pmRNSHolding(s) in Company
2nd Feb 20127:00 amRNSJoint Venture Agreement
1st Feb 20127:00 amRNSRe-organisation of Nomad and Joint Broker
20th Dec 20117:00 amRNSDrilling Update
11th Nov 20113:59 pmRNSConnemara/Boliden joint undertaking not to proceed

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