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High Grade Gold Bearing Vein Outcrops Identified
High Grade Gold Bearing Vein Outcrops Identified.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8140K\n Arkle Resources PLC\n 06 January 2021\n \n \n \n \n 6 January 2021\n \n \n \n \n \n Arkle Resources PLC\n \n \n \n \n \n (\"Arkle\" or the \"Company\")\n \n \n \n \n \n High Grade Gold Bearing Vein Outcrops Identified at Inishowen\n \n \n \n \n \n \n \n \n - New gold bearing vein outcrops identified during recent trenching programme at Meeneragh Inishowen\n \n \n \n \n \n - 40.7g/t gold in 10cm quartz vein 85m along strike from the high grade 2016 drillhole\n \n \n \n \n \n - 13.1g/t gold in 50cm quartz vein outcrop identifying the bedrock source of the large boulders found in the adjoining fields in 2015 and 2016\n \n \n \n \n \n \n \n \n John Teeling, Chairman, commented: \"The trenching results at Inishowen match if not exceed our best expectations. The discovery of new high grade gold veins eighty-five metres along strike from the initial 2016 drillholes, represents a watershed moment for the Inishowen Gold Project. The trenching results provide Arkle's geological team with field data that will allow full mapping of the vein systems in the area to determine length, average width and grade. The output of this mapping exercise will delineate high priority gold targets which the Company intends to explore via a fully funded drilling programme in the spring.\"\n \n \n \n \n \n Arkle Resources (AIM:ARK) is pleased to release the latest results of the winter trenching programme at Inishowen, Co. Donegal, which was completed in December 2020. Of the eight trenching locations that were identified from the recent soil sampling survey, four located bedrock, with two sites returning gold grades of significance. Recent excavations at the farm and nearby quarry have also revealed new quartz vein outcrops which were all analysed for gold by ALS Laboratories using the fire assay method.\n \n \n \n \n \n The trenching was conducted over soils which contained high levels of indicator minerals such as lead and zinc. Trenches were dug to a maximum depth of 2m with rock identified including shales and grits with quartz veins running parallel to the bedding.\n \n \n \n \n \n The quartz veins identified, have a pinch and swell nature that extends along strike and at depth. Width...