Business
Interim Statement
Arkle Resources PLC reported an operating loss of €122,000 for the six months ended June 30, 2025, compared to €175,000 for the same period in 2024. The profit/loss before taxation was €(116,000) and €(158,000) respectively. Basic and diluted loss per share amounted to (0.02)c, compared to (0.03)c in the previous year. Intangible assets remained at €2,570,000. Cash and cash equivalents decreased to €3,000 from €169,000 in 2024. Net assets totaled €1,866,000. Post balance sheet, Arkle raised £500,000 through a placing of shares at 0.3 pence per share. Disclaimer*
About this update from Arkle Resources Plc
[{"type":"text","content":"\n\n25th September 2025\n \nArkle Resources PLC\n \n(\"Arkle\" or the \"Company\")\n \nInterim Statement for the period ended 30 June 2025\n \nChairman's Statement\nArkle has two flagship projects, a 22.36% interest in five zinc prone licences in the Limerick area of Ireland. One of the licences contains a JORC resource of 5.1 million tonnes of 11% combined lead and zinc.\n \nOur second active project is in Botswana, where we hold 3 licences covering over 1,600sq km in the Makgadikgadi Salt Pans area. The objective here is lithium brines. We have found the brines containing lithium on the two original licences. We only recently received the third licence. We also found good grades of magnesium a metal growing in demand. Adding magnesium to lithium is very positive for this project.\n \nWhile the focus is on the zinc and lithium ground, Arkle also holds hard rock lithium prospective licences in Ireland and Zimbabwe as well as a gold licence in Donegal, Ireland.\n \nZinc in Ireland\nWe hold a 22.36% interest in five licences in the Stonepark area of Limerick. Our partner, Group Eleven, holds the balance and is also the operator, so it decides the exploration programme. Group Eleven holds a number of licences to the South East of Stonepark. They have been successful in discovering zinc in the Carrickittle area directly adjacent to Stonepark and on their Ballywire block further south. Group Eleven believes that there is a base metal bearing trend running from Ballywire through Carrickittle through our Stonepark block to the discovery licence in the north of the block. Stonepark is adjacent to the 45 million tonne Pallas Green zinc discovery.\n \nGroup Eleven has announced good results from both Carrickittle and Ballywire. Ballywire in particular is producing high grades. Three drill rigs are working in Ballywire. The Group Eleven share price has reflected these good results more than tripling in the past two years.\n \nWork done by Group Eleven on the Carrickittle ground, which is partially on our Stonepark ground, produced a high-grade target at depth on the Arkle side of the ground. While the current focus is on Ballywire, it is the intention of Group Eleven to drill the Carrickittle target.\n \nLithium in Botswana\nIn recent months, Arkle obtained a third licence in the Makg...