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Arkle Resources Plc
Refocus of Activities on Stonepark Zinc Licence
Business
Feb 6 2025
5 min read

Refocus of Activities on Stonepark Zinc Licence

 

6 February 2025

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

 Refocus of Activities on the Stonepark Zinc Licence Block

Arkle Resources PLC (AIM:ARK), has been informed by Group Eleven Resources Corp ("Group Eleven"), operator and Arkle's joint venture partner at the Stonepark Zinc Project in Limerick ("Stonepark") (owned 22.36% by Arkle and 77.64% by Group Eleven), that following a review of prospecting on the seven Stonepark licences, spending will be focused on the Carrickittle West area in the South of the block. This is the area where three drill holes were completed in January 2025, and the Company is awaiting the results.

Two licences, PL2927 and PL3367, on the western flank of the Stonepark block have now been surrendered. These licences do not host the Carrickittle West prospect.

The Group Eleven press release can be found on its website:

https://groupelevenresources.com/news/

 

 


 

 

 

ENDS

 

Enquiries:

 

Arkle Resources PLC


John Teeling, Chairman

+353 (0) 1 833 2833

Jim Finn, Finance Director

+353 (0) 1 833 2833



SP Angel Corporate Finance LLP
Nominated Adviser & Joint Broker


Matthew Johnson

+44 (0) 203 470 0470

Adam Cowl




First Equity Limited


Joint Broker


Jason Robertson

+44 (0) 207 374 2212



BlytheRay

+44 (0) 207 138 3204

Megan Ray




Teneo

 

Luke Hogg

+353 (0) 1 661 4055