We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arkle Resources Plc | LSE:ARK | London | Ordinary Share | IE00B2357X72 | ORD EUR0.0025 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.275 | 0.25 | 0.30 | 0.275 | 0.275 | 0.275 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Lead And Zinc Ores | 0 | -299k | -0.0007 | -3.86 | 1.23M |
TIDMARK
RNS Number : 2191W
Arkle Resources PLC
22 April 2021
22 April 2021
Arkle Resources PLC
("Arkle" or the "Company")
Targeted Drilling Programme on Mine River Gold Prospect
in Wicklow / Wexford, Ireland
Arkle is pleased to announce that diamond drilling is due to commence at its wholly owned Mine River project in Counties Wicklow and Wexford.
- 12 hole diamond drill programme will begin on Monday April 26. - Total of 1,000 metres to be drilled.
- First 3 holes to focus on a new area 750 metres from previous discoveries where visible gold was found in recent trenching.
- Follow up drilling along strike at Tombreen where previous drilling identified 8 metres at 4.5g/t gold.
A 1,000 metre drilling programme has been designed to follow up the Company's recent gold find at Mine River. Visible gold was noted from one of the trenches that was dug at the end of last year, as announced on 26 November 2020. Grades revealed an average value of 6.35g/t over a 25cm gold vein in a new location over 750 metres along strike from the known Tombreen gold locality. Drilling will start at the new location where three holes will be drilled. New holes are also planned along strike from the gold veins at the Tombreen area where Arkle previously identified 8 metres at 4.5 g/t.
The drilling programme is fully funded and included in the 2021 budget. Drilling is expected to take 10 to 12 weeks. Core analysis will be ongoing.
John Teeling, Chairman commented:
"Last year we had very good trenching results from the Tombreen area so we are eager to drill. The first 3 holes of 12 will target a new area 750 metres along strike from previous discoveries at Tombreen where we found visible gold in one trench. Visible gold is a very encouraging sign. The follow up drill holes will look to expand the Tombreen gold target along strike ."
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 LLP Nominated Adviser & Joint Broker Matthew Johnson/Adam Cowl +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 Ross Murphy +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.
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
UPDEFLFLFZLEBBL
(END) Dow Jones Newswires
April 22, 2021 02:00 ET (06:00 GMT)
1 Year Arkle Resources Chart |
1 Month Arkle Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions