REG - Arkle Resources PLC - Refocus of Activities on Stonepark Zinc Licence

Arkle ResourcesAnnouncement

06/02/2025 11:00

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RNS Number : 2050W  Arkle Resources PLC  06 February 2025

 

6 February 2025

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

 Refocus of Activities on the Stonepark Zinc Licence Block

Arkle Resources PLC (AIM:ARK), has been informed by Group Eleven Resources
Corp ("Group Eleven"), operator and Arkle's joint venture partner at the
Stonepark Zinc Project in Limerick ("Stonepark") (owned 22.36% by Arkle and
77.64% by Group Eleven), that following a review of prospecting on the seven
Stonepark licences, spending will be focused on the Carrickittle West area in
the South of the block. This is the area where three drill holes were
completed in January 2025, and the Company is awaiting the results.

Two licences, PL2927 and PL3367, on the western flank of the Stonepark block
have now been surrendered. These licences do not host the Carrickittle West
prospect.

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

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

 

 

 

 

 

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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