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An announcement from Arkle Resources PLC ( (GB:ARK) ) is now available.
Arkle Resources PLC has provided an update on its Stonepark Zinc Project in Limerick, Ireland, where it holds a 22.36% stake in a joint venture with Group Eleven Resources Corp. Recent drilling at the Kilteely prospect has shown promising results, indicating proximity to significant mineralization, with further drilling planned. This development strengthens the project’s potential as a major base metals target, potentially mirroring the mineralizing system at the northern side of the Limerick Volcanic Complex, which could have significant implications for Arkle’s operations and stakeholders.
More about Arkle Resources PLC
Arkle Resources PLC is an AIM-listed exploration company with operations in Ireland and Botswana. In Ireland, it is involved in a zinc joint venture and holds licenses for lithium and gold exploration. In Botswana, Arkle holds licenses in the Makgadikgadi Salt Pans where drilling has discovered brines containing lithium and magnesium.
Average Trading Volume: 868,672
Technical Sentiment Signal: Buy
Current Market Cap: £1.84M
Find detailed analytics on ARK stock on TipRanks’ Stock Analysis page.