Argyle Resources Receives Drill Approvals and Commences Preparations for 2000-Meter Program at Clay Howells REE Project
Rhea-AI Summary
Argyle Resources (OTCQB: ARLYF) has secured approval from the Ontario Ministry of Mines for a 2,000-meter diamond drill program at its Clay Howells Rare Earth Element Project in northwestern Ontario. The program aims to twin six historic drill holes from 2010-2011 exploration campaigns.
Site preparation and equipment mobilization have begun, with drilling expected to take 45 days to complete. This initiative will support the development of a new NI 43-101 compliant technical report by validating prior assay data and enhancing geological interpretations of the property.
Positive
- Received all necessary regulatory approvals for drilling program
- Program will validate historical data and support new NI 43-101 technical report
- Site preparation and mobilization already commenced
Negative
- Results from the drilling program will take at least 45 days
- Program success dependent on weather and operational conditions
News Market Reaction 1 Alert
On the day this news was published, ARLYF gained 2.50%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Calgary, Alberta--(Newsfile Corp. - September 22, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce that it has received all necessary approvals from the Ontario Ministry of Mines to proceed with its upcoming diamond drill program at the Clay Howells Rare Earth Element (REE) Project, located in northwestern Ontario.
With approvals in hand, site preparation activities have commenced, including mobilization of equipment and personnel to the property. The Company anticipates that drilling will begin shortly and estimates that the 2000-meter program will take 45 days to complete, subject to weather and operational conditions.
The approved drill program is designed to twin six historic drill holes that were originally completed on the property during exploration campaigns in 2010 and 2011. This work represents a critical step in updating the geological model for Clay Howells and will provide the foundation for a new National Instrument 43-101 ("NI 43-101") compliant technical report.
Optional quote from Jeffrey Stevens CEO of Argyle Resources: "We are excited to share that our fall exploration program is underway at Clay Howells. The new drilling will allow for the collection of fresh core samples to validate prior assay data, improve confidence in geological interpretations, and guide future exploration activities across the broader Clay Howells property."
Figure 1: Historical Drill Hole Map for Clay Howells REE Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10451/267252_3d8d39733489c914_001full.jpg
About Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. In addition to the Saint Gabriel project, the Company currently holds an option to acquire up to
Qualified Person
George Yordanov, P.Geo., Director, reviewed and approved the scientific and technical information disclosed in this press release, acting as the Company's Qualified Person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
'Jeffrey Stevens'
President & CEO
For all other inquiries:
Email: info@argyleresourcescorp.com
Phone: (825) 724-0033
Website: www.argyleresourcescorp.com
Forward-Looking Statements
All statements included in this press release that address activities, events or developments that Argyle expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements may involve, but are not limited to, statements with respect to the exploration and development of the Company's mineral properties and the use of proceeds from the Offering. These forward-looking statements involve numerous assumptions made by Argyle based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond Argyle's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, Argyle does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
Neither the Canadian Securities Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267252
FAQ
What is the size of Argyle Resources' (ARLYF) planned drill program at Clay Howells?
How long will Argyle Resources' (ARLYF) Clay Howells drilling program take?
What is the purpose of Argyle Resources' (ARLYF) 2025 Clay Howells drilling program?
Has Argyle Resources (ARLYF) received approval for the Clay Howells drilling program?
Where is Argyle Resources' (ARLYF) Clay Howells REE Project located?
