REG - Arkle Resources PLC - New licence awarded at Stonepark, Limerick

Arkle ResourcesAnnouncement

30/01/2024 11:00

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RNS Number : 3774B  Arkle Resources PLC  30 January 2024

 

30 January 2024

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

New licence awarded at Stonepark, Limerick

 

Arkle (AIM:ARK) announces that the Stonepark zinc project in Limerick
("Stonepark Project"), owned 23.44% by Arkle and 76.56% by Group Eleven
Resources Corp. ("Group Eleven"), has been awarded a further prospecting
licence, PL3824. The new licence is surrounded by the five licences already
held by the joint venture. The interpreted Southwest continuation of the
prospective Coonagh Castle Fault underlies the new licence area.

 

The Group Eleven press release can be found on its website:

https://www.groupelevenresources.com/news/news/2024/
(https://www.groupelevenresources.com/news/news/2024/)

 

 

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.

 

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
 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

Information for Editors

Arkle is a diversified exploration company with principal assets in gold, zinc
and now lithium exploration licences in Ireland.  The Company currently has
two 100% owned gold projects (Mine River and Inishowen) and is in joint
venture with Group Eleven Resources Corp. at the Stonepark Zinc Project.

 

 

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