Arkle Resources plc (AIM: ARK) is pleased to announce that drilling has commenced on the Stonepark group of licences in Limerick. The Stonepark project is a joint venture with Group Eleven Resources Corp., who hold a 76.56% interest and Arkle the remaining 23.44%.
The first hole of a six hole programme totalling 2,300 metres began yesterday. The hole at Carrickittle North has a target depth of 750 metres and is a 250 metre step out from previous drilling.
The target is in the unexplored southern margin of the Limerick Volcanic Complex which, it is believed has the potential to target zinc mineralisation similar to the large nearby Glencore Pallas Green zinc lead deposit.
This announcement has been reviewed and approved by Gavin Berkenheger (CGeol) in his capacity as the Qualified Person for the purposes of the AIM Note for Mining, Oil and Gas Companies issued by the London Stock Exchange.
ENDS
Enquiries:
Arkle Resources PLC
John Teeling, Chairman
+353 (0) 1 833 2833
Jim Finn, Finance Director
+353 (0) 1 833 2833
