Replacement Granting of lithium exploration ground

The following amendments have been made to the 'Granting of new lithium exploration ground' announcement released on 25 October 2023 at 7.00 a.m. under RNS No 1760R:

• The licence areas have all been amended to km2
• The area of Licence number 2053 has been amended to 54.00km2

All other details remain unchanged.

The full amended text is shown below.

Arkle Resources PLC

("Arkle" or the "Company")

Granting of new lithium exploration ground

Arkle (AIM: ARK) is delighted to announce it has been granted a new lithium exploration block north of its Mine River Block in Wicklow/Wexford in Ireland. The new block consists of four prospecting licences for lithium, rare earth elements and other minerals, including gold and platinum. The licences cost a total of €3,000 and Arkle is required to spend a minimum of €10,000 in exploration costs on each licence over the next 24 months. The ground is contiguous with the International Lithium Corp - Gangfeng Lithium Co. Ltd joint venture to the west, where a large zone of lithium bearing pegmatites has been discovered associated with the Leinster Granite Pegmatite Belt. The Directors believe this new ground is fertile for lithium deposits.

New lithium prospecting licences in Ireland

John Teeling, Chairman of Arkle, commented: "I am delighted that Arkle has been awarded four licences in Wicklow to prospect for lithium, rare earths and gold, among other minerals. It has long been known that the Leinster granites contain lithium in pegmatites, but little serious exploration has been undertaken. We identified this ground after earlier prospecting by Arkle on our existing licences indicated their prospectivity. It is prime ground which has never been explored for lithium. We will be on the ground in the near future."

Background

The Aughrim Block is proximal to the known lithium bearing Leinster Granites in the east and contiguous to International Lithium Corp. - Ganfeng Lithium Co. Ltd joint venture where a large zone of lithium bearing pegmatites and aplites has been discovered. Historic exploration dates back to the 1970s for gold, silver and base metals. Despite the ground's proximity to the granites there has been little to no exploration for lithium.