leadf
logo-loader
viewArkle Resources PLC

Arkle Resources unearths positive gold sampling results at Inishowen project

An immediate programme is now getting underway to identify drill targets.

Arkle Resources PLC - Arkle Resources unearths positive gold sampling results at Inishowen project

Arkle Resources PLC (LON:ARK) has revealed positive results from soil sampling at the Inishowen gold project in County Donegal, Ireland.

Sampling took place at 20 metre intervals on 100 metre spaced lines, and a total of 356 samples weighing around 120 grams were taken.

The explorer, in a statement, said results indicate a northwest to southeast trend, with higher levels of gold indicator minerals extending to a previously unknown area to the southwest limit of the sampling area.

It also identified surface expression of the gold veins found in previous drilling campaigns.

Arkle plans a programme to identify targets to start immediately.

"These are positive results. The sampling revealed a northwest to southeast trend and highlighted previously unknown areas toward the southwest,” said John Teeling, Arkle chief executive.

“An immediate programme is commencing on the southwest to identify drill targets. This should be completed by year-end."

Quick facts: Arkle Resources PLC

Price: 1.35 GBX

AIM:ARK
Market: AIM
Market Cap: £3.93 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Arkle Resources PLC named herein, including the promotion by the Company of Arkle Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

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