Highlights
- Results up to 0.8m at 1.65g/t gold including 0.25m at 2.94g/t gold
- Strike length extended for gold-bearing structure
Arkle Resources (AIM:ARK) is pleased to announce the results from the Company’s December 2023 drilling programme at the Inishowen Co. Donegal gold prospect. These results expand the strike length of the known gold bearing structure with grades of up to 1.65 g/t gold over 0.8m gold from split core samples.
Assay results include:
| Hole ID | From (metres) | To (metres) | Length (metres) | Gold grade (g/t) |
| 23-MR-13 | 23.50 | 24.70 | 1.20 | 0.52 |
| 23-MR-14* | 33.00 | 41.00 | 8.00 | 0.30 |
| *including | 33.00 | 35.05 | 2.05 | 0.51 |
| *including | 39.45 | 41.00 | 1.55 | 0.65 |
| 23-MR-15 | 33.00 | 33.80 | 0.80 | 1.65 |
| 23-MR-16 | 53.20 | 53.80 | 0.60 | 0.31 |
Table 1: Highlights of drill results. Vein was drilled perpendicular to vein strike. Vein estimated to dip at around 80 degrees. All lengths reported as downhole widths not true width.
Gold grades were found within both quartz veins but also within fault gouge and surrounding wall rock. Core loss was encountered within 23-MR-14 and if fault gouge had washed out, grade may have been reduced. In future, drilling is expected to use triple-tube in order to limit the core-loss.
John Teeling, Chairman of Arkle Resources, commented: “We are encouraged by the results of our drilling programme at Inishowen. The discovery of gold mineralisation in multiple holes along strike demonstrates that the main vein continues northwards as predicted but will now require further drilling to truly evaluate its potential. We are not deterred by the lower grades in this recent drilling campaign as this is typical in these types of systems and we expect grades and widths to fluctuate along strike. We look forward to further exploration and development of this project.”
Abmec