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Connemara Mining becomes Arkle Resources as spread of activities widens

Attention will remain focused on the Mine River gold project

gold
Focused has switched away from just zinc

Connemara Mining Company PLC changed its name to Arkle Resources PLC (LON:ARK) with effect from the start of trading on Friday to reflect its growing spread of activities across Ireland. 

Patrick Cullen, chief executive, said: "Connemara Mining Company PLC was originally established to develop Irish zinc assets, we believe our rebranding will allow us to better represent the company's diversified position in both gold and zinc exploration and resource development and our geographical spread across Ireland.”

READ: Further drilling at Connemara Mining’s Stonepark zinc project could deliver a significant boost to the existing tonnage

“We look forward to focussing our attention on the Mine River gold project in the near term, while our joint venture partners advance our interests at our the two key zinc assets."

Shares in Arkle Resources held steady at 1.15p.

 -- Adds share price --

Quick facts: Arkle Resources PLC

Price: 1.189 GBX

AIM:ARK
Market: AIM
Market Cap: £1.57 m
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