Arkle Resources resumes field work at sites in Wicklow and Donegal
Founder John Teeling says soil-sampling programmes come as gold prices hit $2,000 an ounce
“There is gold in Mine River and in Inishowen. This latest work will identify where best to trench and drill.” Photograph: Getty Images
Irish gold explorer Arkle Resources, formerly Connemara Mining, says fieldwork has restarted at its Mine River and Inishowen gold projects in the Republic.
“The long detailed review of our gold projects using fresh eyes and ideas concluded at a good time for gold,” said founder John Teeling. “ Our field work has started as gold prices soar over $2,000 an ounce. There is gold in Mine River and in Inishowen. This latest work will identify where best to trench and drill.”
In Mine River, Co Wicklow, the company intends to extend the soil-sampling programme east along the gold trend, with over 3,000 samples planned in a tight grid of 20-metre by 100-metre spacing.
A similar soil-sampling programme will be undertaken at Inishowen in Co Donegal, it said.
The soil-sampling programmes at both Wicklow and Donegal are due to be completed in the coming month, after which targets will be prioritised for follow-up trenching and or drilling.