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Gold Drilling Update

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  • The target vein was found in all four holes
  • 220.4m drilled over four holes

Arkle Resources (AIM:ARK) is pleased to announce that drilling has now been completed on the Inishowen Co. Donegal gold prospect. Core has been sent for analyses and results are due by the end of January.

The drilling program, designed to assess the main gold-bearing outcrop was successful in the identification of vein bearing structures in all four holes and is a positive indicator of the prospect's potential.

Additional drill holes have been permitted, contingent on the results obtained from this phase of drilling. The success of the current drilling program opens the door for further exploration and potential expansion of the project.

John Teeling, Chairman, commented, "It is gratifying to resume exploration activities at Inishowen. The positive results from this drilling campaign have allowed us to trace the main vein along strike and at depth and we are now positioned to expand our understanding of the geological potential in this region."

Arkle is a diversified exploration company with lithium exploration licences in Ireland, Zimbabwe and Botswana and gold and zinc projects in Ireland.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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