ARKLE RESOURCES PLC

Business and Financial Review • Feb 2, 2022

National Storage Mechanism | Additional information

RNS Number : 4677A

Arkle Resources PLC

02 February 2022

2 February 2022

Arkle Resources PLC

("Arkle" or the "Company")

Drilling Begins at Stonepark

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
SP Angel Corporate Finance LLP Nominated Adviser & Joint Broker
Matthew Johnson/Adam Cowl	+44 (0) 203 470 0470
First Equity Limited
Joint Broker
Jason Robertson	+44 (0) 207 374 2212
Blytheweigh	+44 (0) 207 138 3204
Megan Ray
Rachael Brooks
Teneo
Luke Hogg	+353 (0) 1 661 4055
Ciara Wylie	+353 (0) 1 661 4055

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