Gold and zinc exploration company Arkle Resources has warned Ireland is faltering on exploration. Photograph: iStockIrish-based zinc and gold explorer Arkle Resources swung to a profit in 2021, after trebling its losses a year earlier.
Arkle chairman John Teeling said Ireland was faltering, with long delays in renewing permits and “unhelpful” political statements fuelling uncertainty. Arkle described its gold exploration in Wicklow and Wexford as “an enigma”, with a veins produced by a 13 hole programme either petering out or missed by drilling. Arkle has re-examined the data and has commissioned a full review and modelling exercise on its extensive database. “While awaiting this we are looking at some further detailed sampling and mapping using the new technology that successfully identified new zones.
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