IN BRIEF: Arkle Resources wins three lithium licenses in Zimbabwe


Arkle Resources PLC - Ireland-based gold and zinc explorer - Wins 3 licenses covering 163 hectres to prospect for lithium in Zimbabwe. ‘The directors believe that these licences, which cover a small area, represent a low-cost entry into one of the largest lithium producing countries in the world,’ Arkle explains.

‘The Arkle approach is to make a low-cost entry into both Zimbabwe and Lithium. We have examined what ground was available and been granted three licences, one of which was a small lepidolite producer - a lithium associated mineral. We continue to examine additional opportunities in battery metals,’ adds Chair John Teeling.

Current stock price: 0.75 pence, unchanged on Wednesday

12-month change: down 21%

Copyright 2022 Alliance News Limited. All Rights Reserved.