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.