Arkle Resources PLC Drilling Update on the Stonepark Zinc Project
2025年1月15日 - 8:00PM
RNS Regulatory News
RNS Number : 4294T
Arkle Resources PLC
15 January 2025
15 January 2025
Arkle Resources
PLC
("Arkle" or the
"Company")
Drilling Update on the
Stonepark Zinc Project in Limerick
Arkle Resources PLC (AIM:ARK), has
been informed by its partner and operator at Stonepark, Group
Eleven Resources Corp ("Group Eleven"), that the recent drilling
programme is complete. Three holes totalling 1,372 metres were
drilled across the southern part of the Stonepark block.
The drilling by Group Eleven is part
of a larger ongoing drilling campaign focused mainly on the
Carrickittle and Ballywire licences adjacent to Stonepark, both of
which are owned by Group Eleven.
The drill holes are being analysed,
and results will be announced in due course.
Arkle has decided not to finance its
share of this drilling campaign from its cash resources. As a
result, Arkle's interest in the Stonepark project is expected to
reduce from 23.44% to 22.36%, with Group Eleven holding the
remaining balance of 77.64%.
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 LLP
Nominated Adviser & Joint Broker
|
|
Matthew Johnson
|
+44 (0) 203 470 0470
|
Adam Cowl
|
|
|
|
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
|
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END
DRLFIFFALAIELIE
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