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