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An announcement from Arkle Resources PLC ( (GB:ARK) ) is now available.
Arkle Resources PLC, in partnership with Group Eleven Resources Corp, has decided to concentrate its efforts on the Carrickittle West area within the Stonepark Zinc Project in Limerick. This strategic move follows a review of prospecting activities and the completion of three drill holes in January 2025, with results pending. The decision to surrender two licences on the western flank of the Stonepark block, which do not contain the Carrickittle West prospect, signifies a focused approach to resource allocation in the more promising areas of the block.
More about Arkle Resources PLC
Arkle Resources PLC is a company involved in the mining industry, primarily focusing on exploration and development of mineral resources. It has a particular interest in zinc mining, as evidenced by its joint venture participation in the Stonepark Zinc Project in Limerick.
Average Trading Volume: 647,589
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.41M
See more insights into ARK stock on TipRanks’ Stock Analysis page.