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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
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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