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Arkle Resources updates on soil sampling at the Mine River gold project

Arkle has significant gold and zinc exploration ground in Ireland

Arkle Resources PLC -

Arkle Resources PLC (LON:ARK) has revealed the results of soil sampling at the Mine River gold project in the Republic of Ireland.

In addition, the two key licence areas that encompass the Tombreen and Knocknalour targets have been renewed.

Five strong gold indicator anomalies were detected along the gold trend east of Tombreen. A five kilometre squared area was surveyed using XRF handheld technology and obtained soil samples every 20 metres along 100 metre spaced grid lines. 

At two of the anomalies blue quartz boulders with sulphide minerals similar to that at Tombreen were noted and collected for analysis.  Results are expected within three weeks. 

"Initial results from our ongoing work at Mine River are promising,” Arkle chief John Teeling said in a statement.

“Sampling every 20 metres using a new technique has to date verified two new areas of mineralisation. Ongoing analysis is expected to identify additional areas.  The next steps are to drill and/or trench the anomalies," he added.

 

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Price: 0.9 GBX

AIM:ARK
Market: AIM
Market Cap: £2.62 m
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Arkle Resources PLC's John Teeling discusses gold exploration plans and...

Arkle Resources PLC's (LON:ARK) John Teeling speaks to Proactive London's Andrew Scott about restarting their gold exploration fieldwork at Mine River and Inishowen. He explains that Irish gold is found in veins - so precise location is key. The sample results have been really positive and the...

on 11/8/20

2 min read