Arkle Resources PLC (LON:ARK) said it has identified new gold targets at its gold projects in Ireland, following soil sampling.
A programme for trenching and drilling at the Inishowen gold project in County Donegal is planned to commence shortly.
Meanwhile, trenching has commenced on the Mine River gold project located on the Wicklow- Wexford county border.
Arkle geologists are currently undertaking a trenching programme at 10 sites, previously identified as having gold indicator anomalies. The trenching work aims to identify new gold-bearing structures and to retrieve structural and geochemical information before drilling takes place. This work follows on from the extensive soil sampling programme conducted during the past 2 years over the gold trend.
"We are pleased to have received positive results from our Donegal gold exploration. Strong gold indicators were discovered in a number of areas,” said Arkle chairman John Teeling in a statement. “These results are encouraging and we have a programme of trenching and drilling planned which will begin shortly.”