Metals & Minerals News

Arkle visually logs carnotite at Erongo

Arkle Resources plc has visually logged secondary uranium mineral carnotite during its 1,500 metres reverse circulation drilling at Erongo in Namibia. EXPANSION The findings, which need to undergo laboratory tests to determine the uranium content, were logged in RC drill chips in three holes across two fence lines within licence EPL8995. Arkle has to date […]

Metals & Minerals News

Arkle identifies uranium in legacy drill holes at Erongo

Arkle Resources plc has identified uranium in trenching and legacy drill holes, ahead of beginning inaugural drilling at its Erongo project in Namibia. ULG The company previously defined two distinct mineralisation styles of paleochannel-hosted and uraniferous-leucogranite (ULG) hosted uranium on its acreage. A GRS* survey in 106 drillholes across EPLs** 8995 and 8298, resulted in […]

Finance Metals & Minerals News

Arkle NED increases shareholding

Arkle Resources plc non-executive director David Cockbill today bought 2.5 million ordinary shares of €0.0025 each in the company on-market, at 0.715 pence per ordinary share. ASSETS Following the purchase, Mr Cockbill’s beneficial interest in the company is now 40,793,741 ordinary shares, representing 2.57% of Arkle’s issued share capital. The company holds uranium exploration interests […]

Metals & Minerals News

Arkle to drill Erongo uranium targets

Arkle Resources plc has identified uranium targets and plans to accelerate drilling on its three northern licences in the Erongo region, Namibia. EXTENSIVE “Highly encouraging” results from the phase I geophysical programme have defined “two distinct mineralisation styles”, of paleochannel-hosted and uraniferous-leucogranite (ULG) hosted uranium. The company aims to begin 1,500m reverse circulation drilling in […]

Finance Metals & Minerals News

Arkle issues 64.2m shares

Arkle Resources plc will issue 64.2 million ordinary shares of €0.0025 each, following the exercise of warrants at £0.0035 per share. TVRs On admission, the company’s total issued share capital will comprise 1,585,310,997 ordinary shares, with voting rights. Arkle holds uranium exploration interests in Namibia, lithium in Botswana and Ireland as well as zinc also […]