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Mining & Metals Nuclear Uranium Exploration Arkle Resources

Arkle Resources accelerates drilling after geophysics defines uranium targets

Phase 1 geophysics across its three northern Erongo licences in Namibia has defined targets and the company has accelerated a fully funded c.4,000m RC drilling programme.

by tickstock newsroom
The image depicts a truck-mounted reverse circulation rig in operation on a high-altitude plateau in the Chilean Atacama Desert. Two crew members, dressed in cold-weather gear and hard hats, are seen adjusting the sample splitter while dust from the rig swirls around against a backdrop of distant brown mountains with snow-capped peaks and a clear blue sky. aiImage created using AI — nano_banana_2

Arkle Resources (AIM:ARK), an AIM-listed energy metals explorer focused on uranium, lithium and zinc, said integrated airborne radiometrics, HLEM and 2025 surface assays generated multiple high-priority targets across EPLs 8290, 8298 and 8995, including paleochannel targets analogous to Trekkopje and Marenica and uraniferous leucogranite (ULG) targets consistent with Rössing, Husab and Etango styles.

The company plans an immediate c.1,500m RC programme to test parallel sub-paleochannels on the Eastern EPL 8995 target and a c.2,500m ULG-focused RC programme in Q3, with trenching and sampling across a c.1km by 700m ULG target starting next week and Arkle describing the combined programmes as fully funded.

Arkle highlighted 2025 surface sample highs of 3,855 ppm U3O8 in alaskite (ULG-style) samples and 2,782 ppm U3O8 in calcrete (paleochannel-style) samples, and an ongoing downhole gamma-ray spectrometer survey with c.50 of 95 legacy holes surveyed to date.

"The Eastern paleochannel target on EPL 8995 is now drill-ready and we are working to commence RC drilling in June," Rory Harding said.

Arkle expects trenching and initial RC drilling to start in June, completion of the downhole GRS integration through Q2/Q3 and conditional commencement of the c.2,500m ULG drilling in Q3 subject to trench results.

The company said it will host an investor webinar and live Q&A in June to present the interpretation, maps and Phase 2 drilling plans.

by tickstock newsroom

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