Business
Update at Mine River
Update at Mine River.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3285T\n Arkle Resources PLC\n 24 November 2021\n \n \n \n \n \n \n \n \n \n \n 24 November 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 Update at Mine River\n \n \n \n \n \n Arkle Resources plc (AIM: ARK) announces further results from its recent exploration programme at Mine River on the Wexford/Wicklow border in Ireland. \n \n \n \n \n \n Highlights:\n \n \n \n \n \n · \n \n Tombreen target has now grown to a 1.5km long, 750 metres wide gold corridor\n \n \n \n · \n \n Trenching has discovered gold in rock at two new locations\n \n \n \n · \n \n Further drilling finds gold at Tombreen, Tombreen West and soil anomaly A\n \n \n \n · \n \n Trenching of the B and C soil anomalies has identified further gold mineralisation\n \n \n \n · \n \n Results of trenching include 2.15g/t Au and 1.47g/t Au in blue quartz\n \n \n \n · \n \n Drilling at Tombreen West identified 0.5 metres at 2.58g/t Au from 119.9 metres\n \n \n \n · \n \n Drill testing of soil anomaly A identified 0.5 metres at 0.9g/t Au from 143.5 metres\n \n \n \n · \n \n Step out hole at Tombreen identified 2.0 metres @ 1.24g/t Au from 188 metres\n \n \n \n · \n \n Drilling has now ceased for 2021. Results from the last hole are expected within the coming weeks\n \n \n \n \n \n \n \n \n \n Trenching was undertaken at soil anomaly B and C located South of Tombreen West. An excavator dug down to approximately 1.0-1.5 metres depth in a straight line perpendicular to the anomalous trend. Bedrock was discovered in each trench and orientations were obtained. Observations confirmed an approximate 50 degree strike of the bedrock in Anomaly C which would link up 750 metres north-eastwards to Tombreen West.\n \n \n \n \n \n Rock obtained from the trenches which exhibited elevated gold were considered to be sub crop and were roughly 3kg grab samples. Trenches 1 and 2 were orientated over soil anomaly C and identified 1.47g/t Au and 0.83g/t Au respectively in blue quartz and oxidised shale. Trenches 3 and 4 were orientated over soil anomaly B and identified 2.15g/t Au and 0.5g/t Au respectively in blue quartz.\n \n \n \n \n \n Results from drill hole 21-TB-12 at Tombreen West discovered 0....