Update on Botswana Lithium Exploration

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:

Arkle Resources PLC
John Teeling, Chairman	[phone]
Jim Finn, Finance Director	[phone]
SP Angel Corporate Finance LLP Nominated Adviser & Joint Broker
Matthew Johnson	[phone]
Adam Cowl
First Equity Limited
Joint Broker
Jason Robertson	[phone]
BlytheRay	[phone]
Megan Ray
Teneo
Luke Hogg	[phone]
Alan Tyrrell
Fia Long
Alan Reynolds

 

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