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Exploration Update on Arkle Gold Projects
Exploration Update on Arkle Gold Projects.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8267D\n Arkle Resources PLC\n 02 November 2020\n \n \n \n \n 2nd November 2020\n \n \n \n \n \n Arkle Resources PLC\n \n \n \n \n \n Please follow link to full announcement including Figures: \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/8267D_1-2020-10-30.pdf\n \n \n \n \n \n Exploration Update on Arkle Gold Projects\n \n \n \n \n \n Arkle Resources PLC (LON: ARK), the Irish gold and zinc exploration and development company, is pleased to provide an update on the Company's wholly owned Mine River and Inishowen gold projects in Ireland.\n \n \n \n \n \n Exploration in Donegal identifies new gold targets\n \n \n The Company is pleased to announce positive results from the extended soil sampling programme at the Inishowen gold project in County Donegal, Ireland. A programme for trenching and drilling is planned to commence shortly. \n \n \n \n \n \n The results of the soil sampling at Inishowen (Figure 1 and 2) have identified new areas with similar geochemical signatures to the known Meeneragh gold discovery previously made by Arkle.\n \n \n \n \n \n The soil sampling was conducted every 20 metres on 100 metre spaced lines over the area around Meeneragh, which is known to contain gold. A total of 803 samples were collected. Each sample weighed roughly 120g each and was obtained between 10 and 20cm below the surface. The Olympus Delta Standard XRF unit was used to assay the soil samples. QA/QC involved duplicate samples every 50 with unit calibration every 20. The gold indicators used were zinc and lead as determined from the previous rock and drill results. Grades can be observed in the attached exhibits and are in parts per million (ppm).\n \n \n \n \n \n Figure 1 (Zinc Value Indicator)\n \n \n Figure 2 (Lead Value Indicator)\n \n \n \n \n \n \n \n \n Trenching commences on identified gold targets in Wexford / Wicklow\n \n \n \n \n \n The Company is also pleased to announce that trenching has commenced on our 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 geoche...