IN BRIEF: Arkadian Strategic completes initial sample collection

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Arkadian Strategic Metals PLC - Northern Europe-focused mineral exploration and investment company - Announces the completion of pressure washing and an initial programme of sample collection at its Clogau-St David's gold mine in north Wales. Arkadian says the work exposes a vein for geological inspection, with 21 samples collected for further analysis. Laminated quartz and shale veining has been observed. Access works at the mine were completed in August; processing work at the on-site pilot plant continues. Additionally, Arkadian says its European protected species licence has been renewed by Natural Resources Wales until 2032. Executive Chair George Frangeskides comments: "The renewal of our protected species licence through to March 2032 provides a longer planning horizon for future work in the Lower Llechfraith mine system. Our focus is two-pronged, both assessing the mineralogy of these different areas in order to prioritise gold exploration targets while at the same time pursuing opportunities to recover gold from historic mine material."

Current stock price: 0.0073 pence

12-month change: down 76%

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