Arkle Resources PLC (‘Arkle Resources’) is an AIM listed company focussed on creating shareholder value through gold and zinc exploration and resource development in Ireland.
The company was established in 2004 by veterans John Teeling and James Finn, with over 40 years’ experience gained in the exploration and mining industry in Ireland and elsewhere. The company gained admission to the London Stock Exchange in 2007, and subsequently discovered the Stonepark zinc deposit with, then joint venture partner, Teck Ireland Ltd.
In recent years, Arkle has been able to form a significant block of licences at the Mine River Gold Project in south County Wicklow and and northern County Wexford. It is also the first company to drill for gold in Donegal, at the Inishowen Gold Project, with a significant discovery in the third drill hole.
The company holds interests in 28 prospecting licences throughout Ireland, of which 17 are 100% owned. Joint venture partners, Teck Ireland Ltd. and Group Eleven Resources Corp., have earned in on the remainder.
Arkle Resources is well placed to benefit from increasing interest in exploration in a part of the world where political risk is low, where new gold projects and mines are being developed, and where there is a solid track record of successful zinc mining, including the world’s 11th largest zinc mine at Boliden Tara.