New Risk • Apr 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12,788% average daily change). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (164% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€9.40m market cap, or US$11.0m). 공시 • Mar 13
Arkle Resources PLC Announces Drilling Update For Stonepark Zinc Project Arkle Resources PLC announced that Group Eleven intends to expand drilling at the Stonepark Zinc Project from approximately 3,000 m to approximately 15,500 m. Group Eleven is the Operator of Stonepark in which Arkle holds a 22.36% interest. Arkle co-discovered the Stonepark zinc deposit in County Limerick - now Ireland's second largest undeveloped resource - in a joint venture with Teck Ireland. Teck Ireland's interest was acquired by Group Eleven. Group Eleven (in which Glencore is a 13% shareholder) continues to advance the project alongside Arkle. Stonepark is formed of five contiguous prospecting licences covering an area of 148 km² and is adjacent to Glencore's Pallas Green zinc project, one of the world's largest undeveloped zinc-lead deposits at 45.4 Mt. Stonepark has an Inferred Mineral Resource of 5.1 Mt grading 11.3% combined zinc and lead (8.7% Zn, 2.6% Pb) - and the deposit remains open along and across strike. It is higher grade and shallower (190-395 m depth) than the neighbouring Pallas Green deposit (8.4% Zn+Pb). Ireland is ranked number one in the world for zinc discovered per square kilometre. It is home to some of the world's largest and highest-grade zinc deposits, including Tara (120 Mt+ mined since 1977, Europe's largest zinc mine), Lisheen (22.3 Mt at 11.7% Zn), and Galmoy (8Mt at 12% Zn). Six zinc mines have been permitted and operated over the past 60 years, and every major Irish zinc discovery has been profitably mined. Majors active in Ireland include Boliden and Glencore. The joint venture's thesis is that the Carrickittle area within the Stonepark project may host a "mirror image" of the mineralising system that created Glencore's adjacent Pallas Green deposit on the opposite side of the Limerick Volcanic Complex. In 2022, drilling at Carrickittle West intersected the first major fault structure directly drilled in the Limerick region - a fault with 150 m of vertical displacement and zinc mineralisation on both sides. Three follow-up holes were drilled on Stonepark ground in late 2024, totalling 1,372 m at depths of 350-550 m. Results released in 2025 demonstrated proximity to strong mineralisation. Group Eleven's recent focus has been on nearby exploration at its Ballywire prospect (on a wholly owned Group Eleven licence, southeast of Stonepark) indicating high-grade zinc-lead-silver mineralisation over a 2.6 km trend that remains open in all directions. Group Eleven plans step-out drilling around the known resource at Stonepark as well as a follow-up drill programme on the Carrickittle West prospect (within the Stonepark licence) and its announced intention to drill approximately 15,500 m at Stonepark is welcomed by Arkle's Board. 공시 • Feb 27
Arkle Resources PLC Announces the Initiation of Its Phase 1 Uranium Exploration Programme in Namibia Arkle Resources PLC announced the initiation of its Phase 1 uranium exploration programme in Namibia, with airborne and ground based geophysical surveys now underway. In January 2026, Arkle completed a transformative acquisition of four uranium exploration licences in Namibia's Erongo Region, covering 540 km2. As a result, Arkle now provides investors with unique London Stock Exchange-listed uranium discovery exposure in one of Africa's key uranium belts, proximal to some of the world's largest uranium producers. Following a successful sampling programme in 2025, which confirmed the presence of surficial uranium on Arkle's licences, the Company is fully funded to advance a two-phase work programme as detailed further below. One of three planned lines of horizontal loop electromagnetic survey ("HLEM"), primarily to test the potential paleochannels on EPL 8995, has already been completed. The HLEM survey will assist in mapping the basement rock profile of channels allowing geophysicists to determine the potential depth and extent of fill across the paleochannels. The airborne survey is expected to be completed by mid-March with final delivery of the processed data anticipated within 30 days of completion of data acquisition. Analysis of data from both these surveys will be used to prioritise areas for follow-up mapping and sampling. This in turn will guide the identification of drill targets. Phase 2 exploration work to begin in H2 2026 will focus on targets developed from Phase 1 and will include detailed mapping (with potential for further geophysical surveys), additional sampling, and up to 4,000 metres of Reverse Circulation drilling. A successful 2026 drill programme would be followed by a phase 3 programme which would include detailed infill drilling, leading to the estimation of a maiden Mineral Resource Estimate in first half of 2027. Initial work on EPL 7986 will be focused on mapping, sampling and developing a model of the alaskite outcrop. A sampling programme was carried out in 2025 comprising 178 samples taken from small pits dug to depths of 0.35 to 0.5 m. Highlights from the programme included: EPL 8995 and 8290 Uranium in calcrete values up to 2,782 ppm U3O8 - surficial uranium confirmed in all areas surveyed; Uranium in alaskite values up to 3,855 ppm U3O8 - strong indications of the presence of basement highs and the identification of alaskite mineralisation surrounding Trekkopje's large paleochannel systems, which may extend into Arkle's tenements EPL 7986 - Uranium in alaskite value up to 2,923 ppm U3O8 - adjacent to Rossing and located on margins of the same domal structure and mineralisation. 공시 • Feb 24
Arkle Resources plc Provides an Update on Its Strategy and Project Portfolio Arkle Resources PLC provided an update on its strategy and project portfolio. In January 2026, Arkle completed a transformative acquisition of four uranium exploration licences in Namibia's Erongo Region. As a result, Arkle now uniquely offers investors uranium discovery exposure in one of Africa's key uranium belts, proximal to some of the world's largest uranium producers. The Company's portfolio comprises complementary metals which are essential for the generation and storage of clean energy - uranium, lithium and zinc - in the premier mining jurisdictions of Namibia, neighbouring Botswana, and Ireland. Portfolio Summary - Priority Projects Uranium in Namibia Poised to Imminently Commence Funded Exploration Programme on Shallow Prospects Adjacent to Major Projects in the World's Third Largest Uranium Producing Country. Arkle's projects are situated in prime acreage in one of Asia's key uranium belts. Further updates will be provided as these workstreams progress. Phase 2 (commencing H2 2026): Initial exploration work will focus on targets developed from Phase 1 and will include detailed mapping (with potential for further geophysical surveys), additional sampling, and up to 4,000 metres of RC drilling. Initial work on EPL 7986 will focus on mapping and developing a model of the alaskite outcrop. A successful 2026 drill programme would be followed by detailed infill drilling, leading to the estimation of a maiden Mineral Resource Estimate in first half 2027. Arkle holds 100% of three Prospecting Licences ("PLs") in the Makagdikgadi Salt Pans covering 1,612 km2. Highlights: Geophysical surveys of PL 148 and PL 075 carried out in 2024 confirmed the presence of continuous thick brine-bearing conducting layers with some thin conducting layers within the top 5m from the surface; The thickness of the more conducting layers at depth ranged from approximately 30 m to 60 m; Geochemical sampling in 2024 identified lithium in all samples tested, alongside significant magnesium grades, establishing the prospectivity of the licensed areas; Further geophysical surveys conducted in Fourth Quarter 2025 now also indicate the presence of brines to depths of approximately 25 metres on PL 1716; Further exploration and drilling is planned to assess lithium brine concentrations at depth; Environmental Impact Assessment ("EIA") is underway as a prerequisite to drilling; Botswana consistently ranked among the world's top destinations for mining investment; Work to Date Geophysics and soil sampling across the licence package in 2024-2025 indicate brines to shallow depths across a large area, with confirmed lithium in samples. There are also significant grades of magnesium that may be economically extracted as an additional product under the process of Direct Lithium Extraction ("DLE") where it is now possible to extract 100% of the magnesium from the brines as a second income stream. The initial stages of the EIA have been completed with the full study targeted for completion by June 2026. Next steps The scale of the Makgadikgadi licence package and the consistency of brine indications across all three licences highlight the potential for a large brine system. 공시 • Feb 03
Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £1.7 million. Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £1.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 323,750,000
Price\Range: £0.004
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 101,250,000
Price\Range: £0.004
Transaction Features: Subsequent Direct Listing New Risk • Jan 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 105% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (133% average daily change). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (105% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€5.94m market cap, or US$7.10m). New Risk • Sep 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€2.75m market cap, or US$3.22m). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). 공시 • Aug 01
Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.5 million. Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,666,667
Price\Range: £0.003
Transaction Features: Subsequent Direct Listing 공시 • Jul 30
Arkle Resources PLC has filed a Follow-on Equity Offering in the amount of £0.5 million. Arkle Resources PLC has filed a Follow-on Equity Offering in the amount of £0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,666,667
Price\Range: £0.003
Transaction Features: Subsequent Direct Listing 공시 • Jun 26
Arkle Resources PLC, Annual General Meeting, Jul 30, 2025 Arkle Resources PLC, Annual General Meeting, Jul 30, 2025. Location: the hotel riu plaza the gresham, 23 oconnell street upper, north city dublin, d01 c3w7, Ireland New Risk • Jun 25
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€384k free cash flow). Share price has been highly volatile over the past 3 months (66% average daily change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€1.82m market cap, or US$2.12m). New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (94% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€1.82m market cap, or US$2.05m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • Sep 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€458k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€458k free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (€1.69m market cap, or US$1.89m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). 공시 • Sep 18
Arkle Resources PLC Provides Update on Progress on African Lithium Licences Arkle Resources PLC update shareholders on lithium exploration activities in Botswana and Zimbabwe. Botswana The Company holds two licences totaling 837sq km in the Makgadikgadi Salt Pans. Earlier work confirmed the presence of a layer of brines across the licences. The current project is to recover samples of the brines which will be analysed to detect trace lithium. 5kg samples of brines will be taken from below the hard crusty salt core using an auger drill. The samples will be analysed by ALS in Brisbane using ICP-MS technology. The initial sampling work will take about two weeks. Assuming the detection of lithium traces, a structural grid sampling program has been developed using larger augers to reach the shallow water table. The samples will be sent for Direct Lithium Extraction (DLE) analysis to identify grades. Zimbabwe The Company holds 3 licences covering 153 hectares in the Insiza area of Matabeleland of Zimbabwe. The area has a number of active lithium explorers. Arkle is undertaking a reconnaissance of the ground to look for traces of, and extent of, spodumene and /or lepidolite rock. Earlier work indicated the presence of these rocks. Why Lithium The supply /demand balance for Lithium is being transformed by surging demand, growth at 25% yearly, especially for high-purity, battery-grade Lithium Carbonate and Lithium Hydroxide. There is no plausible way that currently identified hard rock deposits in Africa and Australia can supply this demand so the search is on for lithium in the brines of salt pans. Lithium mineralisation has long been known in the Makgadikgadi Salt Pans. But Botswana exploration interest was mainly in diamonds. Confirmatory work was conducted on the brines by Australian and South African explorers from time to time, but their main expertise was in hard rock sources, especially spodumene. Until recently the economics of the Makgadikgadi Salt Pans seemed inferior to those of the world's richest, proven salt pans. However, the recent development of Direct Lithium Extraction technologies have the potential to greatly increase output of high-purity Lithium salts from brines, at much lower cost and less water and energy consumption than traditional evaporation techniques. 공시 • Sep 12
Arkle Resources PLC Announces Drilling Starts on Stonepark Licence Block in Limerick, Ireland Arkle Resources PLC has begun a drilling campaign. The targets were identified in previous work and the programme intends on drilling 4-5 holes totaling 1,700m, focusing on the Carrickittle West area in the southern part of the block of 7 licences. Highlights: A drill programme of 4-5 holes at Carrickittle West, Stonepark block, totaling approx. 1,700m (hole depths of 350m to 550m) testing the southern margin of the Limerick Volcanic Complex (‘LVC’), a prospective area of approximately 11km in strike-length. Targets include areas of brecciation and mineralisation seen in previous drilling, the Kilteely volcanic centre and the SW extensions of the Coonagh Castle Fault first intersected by Group Eleven, in 2022. The volcanic centre at Kilteely, covering 2km x 6km, is the focus of renewed attention by the joint venture given its potential association with zinc mineralization - the only other interpreted volcanic centre in the LVC is located adjacent to the Glencore owned Pallas Green deposit which is 5km north of Carrickittle West which contains over 45 million tonnes of zinc/lead ore. 공시 • Jul 25
Arkle Resources PLC Provides Update on Botswana Lithium Exploration Arkle Resources PLC provided an update on its lithium exploration programme in Botswana. The four wide spaced TEM (Transient Electromagnetic) lines have been completed across the two Makgadikgadi blocks, which cover almost 1,000 sq kms. Analysis of the results indicate the presence over the blocks of a conductive layer averaging 30 metres deep. This is expected to be brines. Samples of the brines will be collected and analysed for lithium content. 공시 • Jun 27
Arkle Resources PLC, Annual General Meeting, Jul 25, 2024 Arkle Resources PLC, Annual General Meeting, Jul 25, 2024. Location: the hotel riu plaza the gresham, 23 oconnell street upper, north city dublin, d01 c3w7, Ireland 공시 • May 03
Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.27 million. Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.27 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 108,000,000
Price\Range: £0.0025
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (156% average daily change). Revenue is less than US$1m. Market cap is less than US$10m (€1.60m market cap, or US$1.71m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (16% increase in shares outstanding). 공시 • Apr 05
Arkle Resources plc Provides Drilling Update on Stonepark Property Arkle have been informed by the Company's partner Group Eleven that they will undertake a drilling program on the Company's seven license block Stonepark property in the coming months. The announcement made by Group Eleven reads as follows: Stonepark - Planning Underway Planning is underway for a drilling program at Group Eleven's 76.56%-owned Stonepark Project later in 2024. This will include follow-up on drilling at the Carrickittle West target in 2022, which resulted in the first intersection by Group Eleven of a major fault in the Limerick basin. Group Eleven expects to drill a series of widely spaced holes to examine mineralization, brecciation and Waulsortian thickness variations in the area to improve understanding of the best area of potential for a major discovery. This incremental follow-up on the target reduces the risk associated with a single, deep hole and follows the exploration model that successfully resulted in the Ballywire discovery in 2022. In addition, other prospective targets across the Stonepark block will be drill tested during the course of the program. Further details on the program will be provided in due course. Board Change • Mar 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Cockbill was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Feb 01
Arkle Resources Reports Results from Inishowen Co. Dogal Gold Drilling Update Arkle Resources announced 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. 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. Four drill holes were completed during this phase of drilling totaling 220.4 metres. The first two drill holes, 23-MR-13 and 23-MR-14 were drilled from the same drill pad at 45 and 70 degrees respectively, targeting the main vein at the Meeneragh target which was found during the previous trenching campaign. Hole 23-MR-13 intercepted the vein from 23.50m and returned 0.52g/t gold over 1.2 metres. Hole 23-MR-14 incepted the vein at 33 metres returning a grade 0.3g/t over an interval of 8 metres, including 2.05 metres at 0.51g/t gold. Due to significant core loss, the directors believe that the grade is under represented. 23-MR-15 and 23-MR-16 were drilled 50 metres along strike, also from one drill pad at 45 and 70deg respectively. 23-MR-15 intercepted the vein at 33 metres and returned a grade of 1.65g/t gold over 0.6 metres. All core was drilled at NQ size. Half core was sent for analysis to ALS Laboratories in Loughrea, Ireland. Regular blanks and standards were inserted in the sample stream for QA/QC purposes. Samples were prepared using PREP-31B crush to 70% less than 2mm, riffle split off 1kg and pulverize split to better than 85% passing 75 microns. Multi-element analysis was conducted using ME-ICP61 a four acid digestion with ICP-AES finish. Gold was analysed using Au-AA26 ore grade fire assay. 공시 • Dec 20
Arkle Resources plc Announces Completion of Drilling on the Inishowen Co. Donegal Gold Prospect Arkle Resources plc announced that drilling has now been completed on the Inishowen Co. Donegal gold prospect. Core has been sent for analyses and results are due by the end of January. The drilling program, designed to assess the main gold-bearing outcrop was successful in the identification of vein bearing structures in all four holes and is a positive indicator of the prospect's potential. Additional drill holes have been permitted, contingent on the results obtained from this phase of drilling. The success of the current drilling program opens the door for further exploration and potential expansion of the project. 공시 • Dec 15
Arkle Resources plc Announces Award of New Lithium Brines Licences Arkle Resources announced that it has been awarded two exploration licences in the Makgadikgadi Salt Pans in North Eastern Botswana. The licences, PL 075/2023 and PL 0148/2023, cover 312 and 525 sq kilometres respectively in size. The licences are awarded to prospect for lithium in the Salt Pans. There is very little known about the potential for lithium brines in the vast Makgadikgadi salt Pans. Early-stage prospecting work will begin in early 2024. 공시 • Nov 30
Arkle Resources PLC Announces Drilling to Start on the Inishowen Gold Project Arkle Resources announced that a drilling programme at Inishowen Co. Donegal will begin this week. The drilling is follow up to work completed at the Meeneragh target and will aim to test the main gold bearing outcrop. Four holes are planned in this phase from two drill pads drilling at minus 45 and minus 70 degrees. The focus of this drilling programme will be on the main vein target that was discovered in earlier work. The vein that was discovered produced intercepts of 3.05 metres at 5.8g/t gold and 4.82 metres at 5.48g/t gold. Drilling will aim to intercept this vein at different depths and along strike to determine vein continuity. Further drill holes have been permitted but will be results dependant. The Inishowen gold project is located on the Inishowen peninsula in north County Donegal and comprises a prospecting licence totalling 46km squared. Initial drilling success was achieved in 2016, with Arkle Resources being the first company known to drill specifically for gold in the area. Drilling by Arkle at the Meeneragh prospect gave intercepts of 3.05m grading at 5.8g/t gold and 4.82m at 5.48g/t gold. The targets are similar (mesothermal veins) and hosted in similar geology (Dalradian) to the gold deposits at Cavanacaw and Curraghinalt in Tyrone over 40km away to the south. The main target area at Meeneragh now extends over 750m. The historic high grade boulders in the surrounding fields demonstrates that there may be more unidentified veins which would be expected in this type of geological setting. New Risk • Nov 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (86% average daily change). Revenue is less than US$1m. Market cap is less than US$10m (€2.09m market cap, or US$2.28m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Jun 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€333k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€333k free cash flow). Share price has been highly volatile over the past 3 months (122% average daily change). Revenue is less than US$1m. Market cap is less than US$10m (€1.21m market cap, or US$1.32m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding). 공시 • Jan 12
Arkle Resources plc Announces Lithium Pegmatites Discovered At Mine River Arkle Resources PLC announced the discovery of lithium bearing pegmatites in its Mine River Block on the Wexford/Wicklow border in Ireland. Of the 34 rock chip samples collected late last year, six returned lithium grades over 0.02% Li2O with one sample assaying 0.09% Li2O from the Bunclody area. Elevated lithium also correlated with enriched levels of Caesium Rubidium and Tantalum, which are known pathfinder elements for Lithium. The Directors believe these results are compelling as it suggests the Mine River Block is fertile for Lithium Caesium Tantalum pegmatite deposits. The six samples that returned elevated lithium were all pegmatite rock boulders collected around mapped granite bodies. The geochemical results demonstrate clear pathfinder elements, which can be used in the targeting of pegmatites in future soil surveys. The results also show a correlation between the lithium bearing pegmatites and north-west south-east trending faults. These fault structures, as well as newly identified mafic and ultramafic bodies to the south-east, have been selected as target areas for the coming months. Once the main areas of interest have been identified, follow up soil surveys will aim to locate areas for trenching and drilling. The recent results follow on from the initial prospecting work over mapped granite bodies in the Company's Mine River licence block. Although the Company has been focused on gold until now, the markets and work of companies in neighbouring licences have driven a revaluation of the ground for other elements. The aim of the reconnaissance work at Mine River was to locate and collect specimens of granite, pegmatite, and aplite for geochemical analysis. All three rock types were discovered and 34 samples were sent to ALS Life Sciences in Loughrea, Ireland for geochemical analysis. All samples were analysed for trace elements using lithium borate fusion prior to acid dissolution followed by ICP-MS and ICP-AES for a full suite of 44 elements. Conversion of lithium parts per million results to percent Li2O involved dividing the ppm results by 10,000 to give a percentage and then multiplying by 2.153 to obtain Li2O equivalent. The Mine River Block is proximal to the known lithium bearing Leinster Granite, lying to the west and contiguous with the International Lithium Corp. - Ganfeng Lithium Co. Ltd. joint venture where a large zone of lithium bearing pegmatites and aplites has been discovered. 공시 • Nov 25
Arkle Announces Pegmatites Identified in Mine River Block in Search for Lithium Near the Leinster Granite Pegmatite Belt Arkle announced the discovery of pegmatites in its Mine River Block on the Wexford/Wicklow border in Ireland, in a new search for lithium. The purpose of the reconnaissance work at Mine River was to establish the presence of granite and any pegmatite and /or aplite rock and to collect specimens for analysis. The Mine River Block is close to the known lithium-bearing Leinster Granite Pegmatite Belt ("Leinster Granite"), lying to the west and contiguous with the ongoing International Lithium Corp. - Ganfeng Lithium Co. Ltd. operation where they have discovered a large zone of lithium-bearing pegmatites and aplites. The Mine River Block is well positioned for the exploration of lithium-bearing pegmatites due to its close proximity to the eastern margin of the Leinster Granite, which is host to Ireland's lithium pegmatite belt. The Company is delighted to confirm the presence of all three rock types including granite, pegmatite and aplite within its prospecting licences. A large body of the Leinster Granite was located in outcrop at Coolboy in the north of the licence block with other smaller bodies found extending south-west to Bunclody. A total of five target areas were investigated for this initial reconnaissance work. Pegmatite and aplite rock boulders were identified at four of these five target areas. Rock chip samples were collected and will be analysed. The analysis will seek to identify common indicator minerals associated with lithium and will assist in directing future work. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Cockbill was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Aug 10
Arkle Resources plc Announces Update on Stonepark Operation Arkle Resources plc provided an update on the Stonepark group of licences in Limerick. The Stonepark project is a joint venture with Group Eleven Resources Corp. ("Group Eleven"), who hold a 76.56% interest and Arkle the remaining 23.44%. Group Eleven, who also operate the drilling programme at Stonepark, have provided the following information: Group Eleven have begun planning a follow up drill hole several hundred metres north of drill hole G-11-2531-01 reported in June of this year. This is the Carrickittle West hole which was drilled to 642 metres and the target is a significant sized zinc deposit.· A further three holes will be drilled on the Stonepark licences beginning in September, two holes on the Western side of the licence block and one to the South of the block. 공시 • Jul 01
Arkle Resources PLC, Annual General Meeting, Aug 05, 2022 Arkle Resources PLC, Annual General Meeting, Aug 05, 2022, at 09:00 Coordinated Universal Time. Location: Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, North City Dublin Ireland 공시 • Jun 17
Arkle Resources plc Provides an Update on Drilling Progress at its Stonepark Licence Block Arkle Resources plc provided an update on drilling progress at its Stonepark licence block. Stonepark with an inferred resource of 5.1 million tonnes of 8.7% zinc and 2.6% lead (11.3% combined) is a joint venture between Arkle which has a 23.44% interest and Group Eleven Resources Corp. which has a 76.56% interest. Group Eleven is the operator. Details: Two holes out of the three drilled so far of the six hole drilling programme being undertaken by Group Eleven have identified substantial structures that are typically associated with large scale zinc deposits in Ireland. The intense pyrite-mineralised breccia is similar to that found 5-10km away associated with the Pallas Green zinc deposit. The major fault that cuts the Waulsortian limestone will be the focus of future exploration as these structures are highly prospective in Irish Style Zinc deposits. The current six hole, 2,300-metre drill hole programme is 82% complete. The first two holes were located in an area of the Stonepark block almost totally undrilled, with the third hole near the Stonepark resource. The holes completed so far were drilled to depths of 650m (Hole G11-450-03), 642m (Hole G11-2531-01) and 519m (Hole G11-2638-06). The remaining three holes of the programme will be drilled after Group Eleven completes its ongoing drilling on their adjacent licences and will be testing other key regional targets at Stonepark. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director David Cockbill was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Feb 03
Arkle Resources PLC Announces Drilling Begins at Stonepark Arkle Resources plc announced 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. 공시 • Jan 20
Arkle Resources PLC Announces Six-Hole, Fully Funded Drilling Program Will Commence in Weeks on the Stonepark Block of Licenses in Limerick, Adjacent to the Pallas Green Zinc Deposit Arkle Resources PLC announced that a six-hole, fully funded drilling program will commence in weeks on the Stonepark block of licenses in Limerick, adjacent to the Pallas Green zinc deposit. Arkle's share (23.44%) of the drilling program is €75,000, with the remaining interest held by Group Eleven Resources Corp. The programme has three objectives. To extend the Stonepark North zone, to test an extension of the Carrickittle discoveries into the Southeast of the Stonepark block and three holes to test new prospects: two in the East and one in the South of the block, targeting the Southern margin of the Limerick Volcanic Complex. Six hole program to commence within weeks. Total drilling 2,300 meters. Two holes (250 meters and 400 meters) will be drilled to seek an extension of the Carrickittle prospect into the Southwest of the Stonepark block. One hole will be a 100 meter step-out hole near Stonepark North and Three further holes will target earlier stage prospects in the South and East of the block. 공시 • Sep 11
Arkle Resources Announces Results from its Sixth and Seventh Drillholes of the Diamond Drilling Programme Being Undertaken at the Company's 100% Owned Mine River Gold Project in Wicklow / Wexford Arkle Resources announced results from its sixth and seventh drillholes of the diamond drilling programme being undertaken at the Company's 100% owned Mine River Gold Project in Wicklow /Wexford. Hole 7, (21-TB-11) was an easterly step out from the visible gold hole and intercepted multiple gold bearing zones detailed in the table below. Hole 6 to the west did not return grades of economic interest suggesting the vein pinched out. Hole 7, was located 42 metres east along strike from Hole 4 (21-TB-08), with blue quartz veins and sulphide noted in the drill core. The exceptionally high grade sample of 51.6g/t gold is an extraordinary find for the Mine River project. The area to the east lies within the heart of a large gold bearing soil anomaly which is open and untested. Hole 8 (21-TB-12) which is located 900 metres to the west of Hole 7 is now complete and core samples have been sent for analysis at the laboratory. This hole was dubbed 'Tombreen West Deep' after returning to the location of 21-TB-07 at Tombreen West but drilling at a steeper angle to gauge grade and width of the gold vein at a deeper level. Observations of the core confirm that the vein extends at depth. The target at Tombreen West remains open on all sides and depth. Core is being analysed. Drill Hole 9 (21-TB-13) has just been completed is located within the middle of a previously untested gold soil anomaly ("Untested Anomaly A") to the south of the Tombreen Main target. Observations of the core so far have identified new blue quartz veins and mineralisation at multiple intervals. It will be analysed in the coming weeks. The positive drill results have led to an extension of the drilling programme as follows: A step out hole will commence immediately on Untested Anomaly A; Plans are being made to drill two further step out holes to the east of Hole 7 where the high grades have been discovered; It has been decided to trench two further new anomalies to the south of Tombreen West. 공시 • Aug 06
Arkle Resources plc Announces Results from Its Fifth Drillhole of the Diamond Drilling Programme Being Undertaken At the Company's 100% Owned Mine River Gold Project in Wicklow / Wexford Arkle Resources PLC announced results from its fifth drillhole of the diamond drilling programme being undertaken at the Company's 100% owned Mine River Gold Project in Wicklow /Wexford. Further analysis of previous results from 21-TB-08, Hole 4, where visible gold ("Au") was noted, confirmed the grades previously reported on 13 July 2021. This recent drillhole was located 220 metres west along strike from 21-TB-08 (Hole 4), with further blue quartz veins and sulphide noted. Additional work on the samples will be undertaken to better understand the nature of the gold. Samples from the sixth hole have been sent for analysis and drilling has now commenced on the seventh hole of the drill programme, which is located 100 metres eastwards of Hole 5. Samples from the sixth hole have been sent for analysis and drilling has now commenced on the seventh hole of the drill programme, which is located 100 metres eastwards of Hole 5. 공시 • Jul 14
Arkle Resources PLC Announces Preliminary Results from Drill Hole 4 at Mine River Arkle Resources PLC announced preliminary results from their fourth drill hole of the diamond drilling programme being undertaken at the Company's 100% owned Mine River Gold Project in Wicklow /Wexford. 4metres at 2.03g/t Au including 0.5metres at 9.11g/t Au in hole 21-TB-08. This recent drillhole, which was drilled to a depth of 200 metres, was located 50 metres directly north of the original high-grade hole drilled at Tombreen in 2017. These results represent the standard initial gold analysis by fire assay. Arkle geologists believe that some grades may be lower than expected due to the nugget effect, as visible gold was noted in three of the samples sent for analysis but returned lower grades than expected. Under the standard fire assay method, each sample, which weighs roughly 1.8kg, is crushed to 70% less than 2mm, riffle split off 250 grams, pulverise split better than 85% passing through a 75 microns screen where a 30 gram representative sample is used in the final analysis. During the sample preparation process nuggets may or may not make their way to the final representative sample and therefore cause a nugget affect whereby the analysis may give an over or under estimation of the overall gold grade. The further analysis currently underway is carried out on a milled portion of 1 kg of each sample. This portion is sieved through a 100 micron sieve. Oversize fraction, that typically weighs from a few grams and up to about 100g, and which contains coarser nuggets, is analysed in full using its entire weight, making a few fusions of 50g each. The under-size fraction is analysed using two replicate 50g portions. The process is also more lengthy but it is hoped that results will be available by the end of the month. The current results in Hole 4 have revealed further gold bearing blue quartz and quartz veining in shale at a deeper level. The rig has now completed Hole 5, a 200 metre drill hole, which is 220 metres west along strike. Early observations have noted further blue quartz veining and sulphide, though no visible gold. The core has been sent for analysis and results are expected next month. The rig has now been moved back for a 50 metre step out hole from Hole 4. 공시 • Jun 17
Arkle Resources PLC Announces Update on Mine River Drilling Arkle Resources announced results from the second and third holes of the 12 hole diamond drilling programme being undertaken at the company's 100% owned Mine River Gold Project in Wicklow /Wexford. The drilling programme is fully funded and included in the 2021 budget. The first three holes are located in a new area, Tombreen West, approximately 750 metres west of the known 2017 Tombreen gold discovery and are each spaced 50 metres apart and drilled to a depth of approximately 100 metres. Results from the second and third holes (21-TB-06 and 21-TB-07) revealed further gold bearing intersections along trend. Below are the highlights: Hole 21-TB-06 1.08g/t Au from 17.20 to 18.20m. Hole 21-TB-06 2.62g/t Au from 20.10 to 21.10m. Hole 21-TB-06 0.45g/t Au from 65.00 to 66.00m. Hole 21-TB-07 7.77g/t Au from 18.65 to 19.10m. Hole 21-TB-07 3.54g/t Au from 56.30 to 56.90m. The results revealed further gold bearing blue quartz and quartz veining in shale. The rig then moved 750 metres toward the main Tombreen target area, and has completed a 200 metre drill hole, 21-TB-08, where the high grade 2017 drill hole 17-TB-01 intercepted 8.0 metres at 4.53g/t Au. Observations of the drill core have identified visible gold at 145.7m, 148.6m and 149.1m. The samples from this hole have now been sent for urgent analysis for gold and results are expected within the coming weeks. The rig has now moved 220 metres west along strike to test the outer edges of another large gold anomaly extending to the south of the main Tombreen target. 공시 • May 21
Arkle Resources Announces First Drillhole At Mine River Intersects Gold Arkle Resources announced results from the first hole of the twelve hole diamond drilling programme being undertaken at the Company's 100% owned Mine River Gold Project in Wicklow /Wexford. The 1,000 metre drilling programme has been designed to follow up the Company's recent visible gold find at Mine River. The drilling programme is fully funded and included in the 2021 budget. This drilling programme forms part of the Company's work along the target trend, over 15 kilometres, following magnetic anomalies delineated from airborne geophysical data, which are interpreted to be associated with sulphide mineralisation tied to the known gold trend. The first three holes are in a new area approximately 750 metres west of the known Tombreen gold discovery. Results from the first hole drilled to a total depth of 100 metres intersected gold at five intervals as follows: 0.25 g/t from 5.20 to 6.00m; 4.69 g/t from 12.60 to 14.40m; 0.52 g/t from 20.30 to 22.35m; 0.18 g/t from 34.30 to 35.90m; 0.18 g/t from 78.30 to 79.30m. Two further holes have been completed at 50 metres spacing in the new area. Samples have been sent for analysis with results expected in mid-June. The rig has now been moved along strike toward Tombreen, which has demonstrated substantial mineralised thickness and where previous Arkle drilling indicated significant strata-bound gold mineralisation associated with the contacts between Ordovician volcanic rocks and metasedimentary rocks. 공시 • Jan 08
Arkle Resources PLC Announces Results of the Winter Trenching Programme At Inishowen Arkle Resources announced the latest results of the winter trenching programme at Inishowen Co. Donegal, which was completed in December 2020. Of the eight trenching locations that were identified from the recent soil sampling survey, four located bedrock, with two sites returning gold grades of significance. Recent excavations at the farm and nearby quarry have also revealed new quartz vein outcrops which were all analysed for gold by ALS Laboratories using the fire assay method. The trenching was conducted over soils which contained high levels of indicator minerals such as lead and zinc. Trenches were dug to a maximum depth of 2m with rock identified including shales and grits with quartz veins running parallel to the bedding. The quartz veins identified, have a pinch and swell nature that extends along strike and at depth. Widths quoted are average widths that were observed. In total 14 rock chip samples were collected containing 3kg of representative material. The higher grade sample returned 40.7g/t gold which was retrieved from a 10cm quartz vein found in trench 3. This same vein was excavated at deeper levels down a further 50cm and 70cm where it was observed to be 7cm and 12cm wide grading at 4.18 and 3.63g/t gold respectively. This demonstrates that the vein is not consistent with grade or width and that there are high grade and low grade zones where a "nugget affect" may be at play. About 85m along strike to the north east of trench 3, the 2016 drillhole: 16-MR-07, intercepted 10cm at 74.5g/t gold at 8.38m and 24cm grading 69g/t gold at 9.14m. Arkle Geologists believe that the new vein in trench 3 is connected with the veins in 16-MR-07 due to the orientation measurements obtained. Sampling in trench 4 returned gold grade of 0.27g/t gold from a 70cm wide grey clay shear zone. If this structure also exhibits high-and-low grade zones, this may pose a significant target going forward with the potential for other such shear zones in the vicinity. It is worth noting that the Cavanacaw Gold Mine and the Curraghinalt Gold deposit which lie about 80km and 60km south respectively also exhibit shear hosted gold within the Dalradian rocks. The drilling at Inishowen will be planned along with the drilling at the Mine River project in Co. Wicklow/Wexford with the aim to move operations swiftly between the two projects as they develop in 2021. 공시 • Nov 27
Arkle Resources PLC Announces Discovery of Gold Bearing Vein At Mine River Arkle Resources PLC announced the discovery of a new gold bearing vein during their recent trenching programme. The site is located 750 meters along strike from the Tombreen target at their wholly owned Mine River Project in county Wicklow/Wexford, Ireland. The recent trenching programme at Mine River was conducted following the results of a large scale soil sampling programme which identified multiple areas for potential gold discoveries. The first trench was a great success with visible gold noted within a vein found in bedrock. Analysis of the vein revealed high grade gold at 5.5g/t. The area that was trenched focused on a gold soil anomaly measuring 250 meters long by 150 meters wide. Further areas of interest are yet to be trenched. 공시 • Nov 05
Arkle Resources plc Announces Positive Results from the Extended Soil Sampling Programme At the Inishowen Gold Project in County Donegal Arkle Resources PLC announced positive results from the extended soil sampling programme at the Inishowen gold project in County Donegal, Ireland. A programme for trenching and drilling is planned to commence shortly. The results of the soil sampling at Inishowen (Figure 1 and 2) have identified new areas with similar geochemical signatures to the known Meeneragh gold discovery previously made by Arkle. The soil sampling was conducted every 20 metres on 100 metre spaced lines over the area around Meeneragh, which is known to contain gold. A total of 803 samples were collected. Each sample weighed roughly 120g each and was obtained between 10 and 20cm below the surface. The Olympus Delta Standard XRF unit was used to assay the soil samples. QA/QC involved duplicate samples every 50 with unit calibration every 20. The gold indicators used were zinc and lead as determined from the previous rock and drill results. Grades can be observed and are in parts per million (ppm). The Company announced that trenching has commenced on the Mine River Gold Project located on the Wicklow /Wexford county border. Arkle geologists are currently undertaking a trenching programme at 10 sites, previously identified as having gold indicator anomalies. The trenching work aims to identify new gold bearing structures and to retrieve structural and geochemical information before drilling takes place. This work follows on from the extensive soil sampling programme conducted during the past 2 years over the gold trend. 공시 • Sep 26
Arkle Resources PLC Announces Positive Results from Soil Sampling at Inishowen Arkle Resources announced positive results from soil sampling at their wholly owned Inishowen gold project in County Donegal, Ireland. A programme to identify drill targets will commence immediately. The results indicate a northwest to southeast trend, with higher levels of gold indicator minerals extending to a previously unknown area to the southwest limit of the sampling area. The programme also picked out the surface expression of the gold veins found in previous drilling campaigns. The soil sampling was conducted every 20 metres on 100 metre spaced lines over the area around Meeneragh, which is known to contain gold. A total of 356 samples were collected. Each sample weighed roughly 120g each and was obtained between 10 and 20cm below the surface. The Olympus Delta Standard XRF unit was used to assay the soil samples. QA/QC involved duplicate samples every 50 with unit calibration every 20. The gold indicators used were zinc and lead as determined from the previous rock and drill results. Further soil sampling to pinpoint trench or drillhole locations in the newly identified area will begin immediately. 공시 • Aug 18
Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.6 million. Arkle Resources PLC has completed a Follow-on Equity Offering in the amount of £0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,000,000
Price\Range: £0.008
Transaction Features: Subsequent Direct Listing 공시 • Aug 12
Arkle Resources PLC Announces Executive Changes Arkle Resources PLC announced that John Teeling, who has stepped in as acting chief executive following the departure of previous CEO Patrick Cullen. Mr. Teeling, who also is owner of the Great Northern Distillery, founded Connemara Mining in 2004. 공시 • Jul 06
Arkle Resources PLC Auditor Raises 'Going Concern' Doubt Arkle Resources PLC filed its Annual on Jun 22, 2020 for the period ending Dec 31, 2019. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.