Uranium Exploration Commenced in Namibia | Company Announcement | Investegate
Fundraise
Welcome
Articles
About
Contact Us
Help
Home
Companies
Advanced search
Archive
Meetings
UK Newswire
New
Login
Register
Uranium Exploration Commenced in Namibia
Summary by AI
BETA
Close X
Arkle Resources PLC has commenced its Phase 1 uranium exploration program in Namibia, with airborne and ground-based geophysical surveys now underway on its four recently acquired exploration licenses covering 540 km². The company has completed one line of horizontal loop electromagnetic survey and initiated a substantial airborne survey of over 12,000 line-kilometers, both expected to conclude by mid-March. This work aims to generate high-quality drill targets for a planned Phase 2 program in the second half of 2026, which will include up to 4,000 meters of Reverse Circulation drilling, with the goal of estimating a maiden Mineral Resource Estimate in the first half of 2027. Previous sampling in 2025 confirmed surficial uranium, with assays up to 3,855 ppm U₃O₈.
Disclaimer*
Arkle Resources PLC
26 February 2026
26 February 2026
Arkle Resources PLC
("Arkle" or the "Company")
Uranium Exploration Commenced in Namibia
Geophysical Surveys Underway for Extensive Target Generation
on Arkle's Namibian Uranium Projects
Arkle Resources PLC (AIM: ARK), the energy metals explorer with a key focus on uranium, is pleased to announce the initiation of its Phase 1 uranium exploration programme in Namibia, with airborne and ground based geophysical surveys now underway.
In January 2026, Arkle completed a transformative acquisition of four uranium exploration licences in Namibia's Erongo Region, covering 540 km². As a result, Arkle now provides investors with unique London Stock Exchange-listed uranium discovery exposure in one of Africa's key uranium belts, proximal to some of the world's largest uranium producers.
Following a successful sampling programme in 2025, which confirmed the presence of surficial uranium on Arkle's licences, the Company is fully funded to advance a two-phase work programme as detailed further below.
Key Geophysics Workstreams Underway
·
One of three planned lines of horizontal loop electromagnetic survey ("HLEM"), primarily to test the potential paleochannels on EPL 8995, has already been completed (see Figure 1).
·
The HLEM survey will assist in mapping the basement rock profile of channels allowing geophysicists to determine the potential depth and extent of fill across the paleochannels.
·
The HLEM work is expected to be completed by early March.
·
Following the receipt of aviation permits, Xcalibur Smart Mapping, a leader in the airborne and mapping geophysics industry, has today commenced a substantial airborne survey of more than 12,000 line-kms at 50m-line-spacing for extensive target generation (See Figure 2).
·
These lines will be 4x tighter than line spacing from the 1970s government data sets, providing significantly higher resolutions to identify both magnetic and radiometric targets on the ground.
·
The airborne survey is expected to be completed by mid-March with final delivery of the processed data anticipated within 30 days of completion of data acquisition.
·
Analysis of data from both these surveys will be used to prioritise areas for follow-up mapping and sampling.  This in turn will guide the identification of drill targets.
Figure 1: Horizontal loop electromagnetic survey on EPL 8995
Figure 2: Xcalibur Smart Mapping aircraft
Phase 2 exploration work to begin in H2 2026 will focus on targets developed from Phase 1 and will include detailed mapping (with potential for further geophysical surveys), additional sampling, and up to 4,000 metres of Reverse Circulation drilling.
A successful 2026 drill programme would be followed by a phase 3 programme which would include detailed infill drilling, leading to the estimation of a maiden Mineral Resource Estimate in H1 2027.
Initial work on EPL 7986 will be focused on mapping, sampling and developing a model of the alaskite outcrop.
Rory Harding, Interim Chief Executive Officer, commented:
"Fortuitous contractor availability and a smooth permitting process in Namibia has resulted in Arkle getting boots on the ground and a plane in the air faster than anticipated. Our fully funded two phase uranium exploration programme has started, and we are now progressing systematic geophysical work to generate high-quality drill targets for later this year.
I believe the beginning of a sustained global nuclear expansion cycle is underway with new projects being required to fill the forecast major supply deficit. Arkle offers uranium exposure in one of Africa's key uranium belts, in close proximity to some of the world's largest uranium producers. We have an exciting period of exploration ahead of us this year."
Background on Arkle's Namibia Uranium Project
The four EPLs cover prime acreage in one of Africa's key uranium belts. This standout uranium region contains ~1.2 Blb U₃O₈ in Measured and Indicated Resources and ~235 Mlb U₃O₈ in Inferred Resources. The region has produced > 350 Mlb of U₃O₈ in the last 45 years.
Arkle's EPLs 8995 and 8290 are contiguous to the Trekkopje deposit, one of the most significant calcrete-hosted uranium deposits globally, currently under assessment by Orano for start-up.
EPL 8298 is contiguous to the Marenica deposit which recently reported a doubling of resource grade.
EPL 7986 is contiguous to the Rössing uranium mine, one of the world's largest alaskite-hosted uranium deposits, which has been mined since 1976 and is still producing over 6 Mlb per annum U₃O₈.
Work to Date on Arkle's EPLs
Multiple geochemical and radiometric (at 200m-line-spacing dataset) anomalies have been identified on the EPLs, with 2025 grab samples assaying up to 3,855 ppm U₃O₈. Additional potential for alaskite-hosted deposits has been identified on the EPLs.
A sampling programme was carried out in 2025 comprising 178 samples taken from small pits dug to depths of 0.35 to 0.5 m. Highlights from the programme included:
EPL 8995 and 8290
·
Uranium in calcrete values up to 2,782 ppm U₃O₈ - surficial uranium confirmed in all areas surveyed
·
Uranium in alaskite values up to 3,855 ppm U₃O₈ - strong indications of the presence of basement highs and the identification of alaskite mineralisation surrounding Trekkopje's large paleochannel systems, which may extend into Arkle's tenements
EPL 7986
·
Uranium in alaskite values up to 2,923 ppm U₃O₈ - adjacent to Rössing and located on margins of the same domal structure and mineralisation
Figure 1:
Uranium Project Map Showing Proximity to Uranium Deposits
Contacts:
Arkle Resources
Rory Harding, Interim CEO
John Teeling, Chairman
+44 (0)20 3051 5348
+353 (0) 1 833 2833
SP Angel Corporate Finance
Matthew Johnson
Charlie Bouverat
Adam Cowl
Nominated Adviser & Joint Broker
+44 (0)20 3470 0470
First Equity Limited
Jason Robertson
Joint Broker
+44 (0)20 7374 2212
Vigo Consulting
UK Media & IR
Ben Simons
Safia Colebrook
+44 (0)20 7390 0234
arkle.ir@vigoconsulting.com
Teneo
Luke Hogg
Molly Mooney
Ireland Media
+353 (0) 1 661 4055
About Arkle Resources
Arkle Resources PLC (LSE:ARK) is a multi-commodity exploration company focused on metals which are essential for the generation and storage of clean energy - uranium, lithium and zinc. Its projects are in premier mining jurisdictions in Namibia, Botswana and Ireland, adjacent to world-class deposits.
Founded in 2004 by John Teeling and Jim Finn, the Company co-discovered the Stonepark zinc deposit in County Limerick - now Ireland's second largest undeveloped resource - in joint venture with Teck Ireland. Teck's interest was acquired by Group Eleven Resources (TSX-V: ZNG), who continue to advance the project alongside Arkle.
In January 2026, the Company announced a transformative deal to acquire Namibia Uranium, which has introduced four highly prospective uranium licences contiguous to major producing and development assets in what is a world-class uranium jurisdiction.
This acquisition, alongside the Company's existing licence portfolio and the introduction of new management, repositions Arkle to become a leading explorer in energy metals.
For more information visit:
www.arkleresources.com
Follow us on social media:
www.x.com/ArkleResources
www.linkedin.com/company/arkle-resources-plc
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com
or visit
www.rns.com
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy
.
END
AI Summary Disclaimer BETA
×
The content you are viewing has been generated or assisted by artificial intelligence (AI). While efforts are made to ensure accuracy and clarity, AI-generated text may contain inaccuracies, outdated information, or subjective interpretations. This content is intended for general informational purposes only and should not be considered professional advice or factual confirmation.
We encourage you to independently verify any information provided, especially if it will be relied upon for making decisions or taking action. Any reliance you place on this material is strictly at your own risk. The AI system that produced this content cannot assess the specifics of individual circumstances, and results may vary based on context and individual needs.
Companies
Arkle Resources (CDI) (ARK)
UK 100
FTSE quotes
by TradingView
▶
🔊
Latest directors dealings
4 minutes ago
M&G
4 minutes ago
Centrica
20 minutes ago
PayPoint
34 minutes ago
The Schiehallion Fund Limited NPV
34 minutes ago
Anglo American
All directors dealings today
All intraday prices are subject to a delay of fifteen (15) minutes.
Investegate takes no responsibility for the accuracy of the information within this site.
The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filtered from this site.
© 2026 Stockomendation Ltd
Privacy and Cookie Policy
Terms
Acceptable Use Policy
Investors
Advertise with Us
Other Stockomendation sites
Stockomendation
UK Share Picking Game
This website is for Private Investors*
I am a Private Investor
*A
Private Investor
is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our
Privacy and Cookie Policy
&
Terms
.
Create an Account
Create your FREE account to receive personalised announcements, watchlists, market updates, investment insights and new features.
Sign Up
Log In
Personalise your experience
Tell us a little about yourself to receive personalised content, announcements and relevant investment opportunities.
Complete Profile