Zinc is a vital industrial metal primarily used for galvanising steel and iron to prevent corrosion, as well as for producing alloys, amongst other industrial uses. It is the fourth most used metal globally and demand is expected to rise in line with an increasing population and improving income levels. Arkle holds a minority interest in the Stonepark zinc project, alongside Group Eleven Resources (TSX-V: ZNG). The project, located in County limerick, Ireland, is contiguous to Glencore’s Pallas Green zinc project, one of the worlds largest undeveloped zinc-lead deposits.
Zinc in Ireland
Zinc
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Stonepark
The Stonepark Zinc Project is formed of seven contiguous prospecting licences covering an area of approximately 201 square kilometres. Glencore’s Pallas Green project lies immediately to the east. The project block is bounded to the south and west by Group Eleven’s extensive PG West Project and by Adventus Mining Corporation’s Rathkeale Project (Rathkeale is subject to an earn-in agreement with South32 Base Metals Ireland Limited). South32 Base Metals Ireland is a wholly-owned subsidiary of South32 Limited.
Last updated : 12th April 2024
