ARK.L

Arkle Resources Plc
Arkle Resources PLC - New licence awarded at Stonepark, Limerick
30th January 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/

 

 

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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