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Pin to quick picksArkle Res Regulatory News (ARK)

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Stonepark Drilling Update

3 Jul 2024 08:00

RNS Number : 9513U
Arkle Resources PLC
03 July 2024
 

 

 

3 July 2024

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

Stonepark Drilling Update

 

Arkle Resources PLC (AIM:ARK), is pleased to update shareholders on the proposed drilling programme on its Stonepark licence block in Limerick Ireland ("Stonepark").

 

Group Eleven Resources Corp ("Group Eleven"), Arkle's partner and operator at Stonepark, has announced the following programme:

 

• The Carrickittle West Prospect extends approximately 11km along strike, spanning the Stonepark Project (76.56% Group Eleven and 23.44% Arkle) and the PG West Project (100% Group Eleven).

• Within the Stonepark portion of the prospect, drilling will consist of 3-4 holes totalling approx. 1,350m (hole depths of 350m to 550m).

• Hole locations will test the margins of the southern volcanic centre and the southwestern continuation of the Coonagh Castle Fault.

• Drilling is expected to begin in calendar Q3 2024 and complete by year-end.

 

Arkle is contributing its share of the costs of the programme, which is fully funded.

 

Market Abuse Regulation (MAR) Disclosure

 

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.

 

 

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

+44 (0) 203 470 0470

Adam Cowl

Kasia Brzozowska

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

Alan Tyrrell

Fia Long

Alan Reynolds

 

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UPDFIFSRDAIVIIS
Date   Source Headline
4th Jul 202411:27 amRNSDirector/PDMR Dealings
3rd Jul 20248:00 amRNSStonepark Drilling Update
26th Jun 20247:00 amRNSFinal Results for the Year Ended 31 December 2023
31st May 20247:00 amRNSTotal Voting Rights
2nd May 20247:00 amRNSPlacing to Raise £270,000
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30th Jan 202411:00 amRNSNew licence awarded at Stonepark, Limerick
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29th Nov 20237:00 amRNSPegmatites on new lithium exploration ground
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15th Nov 20237:00 amRNSProspecting Begins on Lithium Exploration Ground
25th Oct 202311:05 amRNSReplacement Granting of lithium exploration ground
25th Oct 20237:00 amRNSGranting of new lithium exploration ground
26th Sep 20237:00 amRNSInterim Statement
27th Jul 202311:30 amRNSResults of Annual General Meeting
27th Jun 20237:00 amRNSFinal Results for the Year Ended 31 December 2022
22nd Jun 20231:20 pmRNSHolding(s) in Company
5th Apr 202310:03 amRNSHoldings in Company
31st Mar 202312:51 pmRNSDirector Shareholding
31st Jan 202311:00 amRNSReview of 2022 Drilling on Stonepark
12th Jan 20237:00 amRNSLithium pegmatites discovered at Mine River
30th Nov 20227:00 amRNSTotal Voting Rights
24th Nov 20227:00 amRNSPegmatites identified in Mine River Block
22nd Nov 202211:00 amRNSStonepark Drilling Update
14th Nov 20227:00 amRNSPlacing to Raise £200,000
29th Sep 20227:00 amRNSInterim Statement
27th Sep 202211:00 amRNSAdditional Drilling on Stonepark
15th Sep 202211:00 amRNSRecommencement of Drilling on Stonepark Licences
9th Aug 202211:00 amRNSUpdate on Stonepark Operation
5th Aug 202211:14 amRNSResult of Annual General Meeting
30th Jun 20227:00 amRNSFinal Results for the Year Ended 31 December 2021
23rd Jun 20227:00 amRNSGrant of Three Licences in Zimbabwe
16th Jun 202211:00 amRNSSignificant Zinc Target Discovered
31st May 20227:00 amRNSTotal Voting Rights
3rd May 20229:05 amRNSSecond Price Monitoring Extn
3rd May 20229:00 amRNSPrice Monitoring Extension
28th Apr 202212:02 pmRNSExercise of Warrants
1st Mar 202212:29 pmRNSTotal Voting Rights
22nd Feb 20227:00 amRNSExercise of Warrants
2nd Feb 202211:00 amRNSDrilling Begins at Stonepark
19th Jan 202211:00 amRNSDrilling to Begin on Stonepark
24th Nov 20217:00 amRNSUpdate at Mine River
30th Sep 20217:00 amRNSInterim Statement for period ended 30 June 2021
10th Sep 20212:50 pmRNSHigh grade gold intersected at Mine River
4th Aug 20218:50 amRNSFurther results from drilling at Mine River

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