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Gold Prospecting at Wicklow and Donegal

10 Aug 2020 07:00

RNS Number : 5608V
Arkle Resources PLC
10 August 2020
 

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

Gold Prospecting at Wicklow and Donegal

 

Arkle Resources (AIM:ARK) announces that fieldwork has restarted at its Mine River and Inishowen gold projects in the Republic of Ireland.

 

In Mine River, Wicklow, the team intends to extend the soil sampling programme east along the gold trend with over 3,000 samples planned in a tight grid of 20m by 100m spacing. Multi-element analysis using XRF technology to identify anomalies in indicator minerals, will be used.

 

A similar soil sampling programme will be undertaken at Inishowen in Donegal, with 20m by 100m spaced sampling over the known gold veins at Meeneragh to include areas where gold bearing rock was previously discovered. Over 500 samples are planned with potential infill sampling to follow.

 

The soil sampling programmes at both Wicklow and Donegal are due to be completed in the coming month, after which targets will be prioritised for follow up trenching and or drilling.

 

John Teeling, commented, "The long detailed review of our gold projects using fresh eyes and ideas concluded at a good time for gold. Our fieldwork has started as gold prices soar over $2,000 an oz. There is gold in Mine River and in Inishowen. This latest work will identify where best to trench and drill."

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

 

ENDS

 

 

 

 

 

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/Soltan Tagiev

+44 (0) 203 470 0470

 

 

First Equity Limited

 

Joint Broker

 

Jason Robertson

+44 (0) 207 374 2212

 

 

Blytheweigh

+44 (0) 207 138 3204

 

Megan Ray

 

Rachael Brooks

 

 

Teneo

 

Luke Hogg

+353 (0) 1 661 4055

 

Thomas Shorthall

+353 (0) 1 661 4055

 

 

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.
 
END
 
 
UPDUPUAPRUPUGQM
Date   Source Headline
21st May 20217:00 amRNSFirst Drillhole at Mine River Intersects Gold
22nd Apr 20217:00 amRNSDrilling Programme on Mine River Gold Prospect
13th Apr 20217:00 amRNSStatement re. share price movement
12th Mar 202111:58 amRNSUpdate on migration of uncertificated shares
9th Mar 20215:01 pmRNSGrant of Options
23rd Feb 202110:17 amRNSResult of Extraordinary General Meeting
26th Jan 20212:00 pmRNSPrice Monitoring Extension
26th Jan 20211:00 pmRNSStonepark Drilling Results
25th Jan 20217:00 amRNSNotice of extraordinary general meeting
20th Jan 20214:18 pmRNSExercise of Warrants
6th Jan 20212:22 pmRNSHigh Grade Gold Bearing Vein Outcrops Identified
31st Dec 20207:00 amRNSTotal Voting Rights
10th Dec 20207:00 amRNSOperational Update
7th Dec 20201:33 pmRNSExercise of Warrants
2nd Dec 20201:21 pmRNSTotal Voting Rights
26th Nov 202011:52 amRNSDiscovery of Gold Bearing Vein at Mine River
3rd Nov 20204:20 pmRNSExercise of Warrants
2nd Nov 20207:00 amRNSExploration Update on Arkle Gold Projects
29th Oct 20209:05 amRNSSecond Price Monitoring Extn
29th Oct 20209:00 amRNSPrice Monitoring Extension
2nd Oct 202010:17 amRNSTotal Voting Rights
28th Sep 20207:00 amRNSInterim Statement ended 30 June 2020
25th Sep 20209:21 amRNSPositive Results from Soil Sampling at Inishowen
10th Sep 20201:00 pmRNSDrilling begins at Stonepark Zinc Project
9th Sep 202010:27 amRNSSoil sampling results Mine River
7th Sep 20204:22 pmRNSHolding(s) in Company
17th Aug 20201:52 pmRNSPlacing to Accelerate Gold and Zinc Exploration
10th Aug 20207:00 amRNSGold Prospecting at Wicklow and Donegal
29th Jul 202010:49 amRNSBoard Changes and Operating Update
24th Jul 20202:47 pmRNSResults of Annual General Meeting
26th Jun 20207:00 amRNSPosting of Annual Report and Notice of AGM
22nd Jun 20207:00 amRNSFinal Results for the Year Ended 31 December 2019
1st Jun 202010:27 amRNSTotal Voting Rights
20th May 20204:41 pmRNSSecond Price Monitoring Extn
20th May 20204:36 pmRNSPrice Monitoring Extension
20th May 20202:05 pmRNSSecond Price Monitoring Extn
20th May 20202:00 pmRNSPrice Monitoring Extension
19th May 20203:28 pmRNSGrant of Options
18th May 20207:00 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
18th May 20207:00 amRNSPlacing to Raise £250,000
15th May 20201:55 pmRNSJV Partner Receives Further Funding from Glencore
30th Apr 20206:30 pmRNSTotal Voting Rights
29th Apr 20204:23 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
22nd Apr 202011:28 amRNSResults of Extraordinary General Meeting
21st Apr 20201:00 pmRNSDrilling planned at Stonepark
31st Mar 20207:00 amRNSNotice of Extraordinary General Meeting
27th Mar 20207:00 amRNSConditional Placing to Raise £252,000
3rd Mar 20207:00 amRNSArkle at PDAC 2020
31st Dec 201912:02 pmRNSHolding(s) in Company
3rd Dec 20194:34 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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