Irish gold and zinc exploration and development company,announced on Wednesday that a newly released survey had released data identifying new geological features at the Company's Stonepark Zinc Project.
The group had carried a preliminary analysis of data from the Geological Survey of Ireland’s 'Tellus' airborne geophysical survey, revealing previously unknown and prospective geological features at the site of which Arkle holds a 23.44% interest in.
The site’s preliminary analysis was undertaken by the group’s joint venture partner Group Eleven Resources Corp, or “Group Eleven”.
The survey uncovered data showing Limerick Volcanic cover rocks in much clearer detail than on any previous survey.
"Our partners continue to build evidence supporting new and exciting exploration targets to the south of the project along the 'Pallas Green Corridor',” revealed Patrick Cullen, Chief Executive Officer of Arkle.
“We expect further holes to be drilled in the vicinity of Kilteely, where we had exciting drilling results earlier this year. The detail visible in the new data will assist with refining these decisions,” he added.
The group also came across new prospective targets in the south west of the project which appeared to be buried intrusives.
Follow News & Updates from Arkle Resources here:
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
“We are delighted to welcome Ged Hall to the Board at such an exciting time as we look to progress the Mahenge Liandu graphite project from exploration to production,” said Johansen.
ReNeuron said it was in ongoing discussions with other commercial third parties for potential out-licence deals and Chief Executive, Olav Hellebø, says he expects to announce further deals “in the months ahead.”
Lawrence Stroll, the billionaire owner of the Racing Point Formula One motor racing team, is said to be preparing to bid for a significant stake in Aston Martin, BP has increased its stake in the British solar venture Lightsource BP as it prepares to strike a deal to power its offices with renewable energy from next year
O2 announced the launch of O2 extras this morning to offer flexibility and affordability for its customers -- the programme will be on offer to new and upgrading pay monthly customers on a handset, tablet or SIM only contracts.
Nuformix (NFX) Chief Executive Officer Dr. Dan Gooding discusses some of the speculation surrounding the leaked article in the press, answers questions investors had regarding upcoming licensing deals, and discusses a potential exit strategy for the company.