Arkle Resources PLC Update on Botswana Lithium Exploration
25 July 2024 - 4:00PM
RNS Regulatory News
RNS Number : 7179X
Arkle Resources PLC
25 July 2024
25 July 2024
Arkle Resources
PLC
("Arkle" or the
"Company")
Update on Botswana Lithium
Exploration
Arkle Resources PLC (AIM:ARK), is
pleased to provide 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.
John Teeling, Chairman of
Arkle, commented "We are very pleased with
this outcome. The TEM lines have indicated a structure across the
blocks which averages 30 metres in depth. All indications are the
structure is composed of brines. Now we need to sample the brines
to see if they contain lithium. Sample collecting will commence
shortly."
ENDS
Enquiries:
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Arkle Resources PLC
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John Teeling, Chairman
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+353 (0) 1 833 2833
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Jim Finn, Finance
Director
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+353 (0) 1 833 2833
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SP
Angel Corporate Finance LLP
Nominated Adviser & Joint Broker
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Matthew Johnson
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+44 (0) 203 470 0470
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Adam Cowl
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First Equity Limited
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Joint Broker
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Jason Robertson
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+44 (0) 207 374 2212
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BlytheRay
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+44 (0) 207 138 3204
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Megan Ray
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Teneo
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Luke Hogg
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+353 (0) 1 661 4055
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Alan Tyrrell
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Fia Long
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Alan Reynolds
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END
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