Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) Stock in Focus: Company Concludes IP Surveying at the Frenchvale Graphite Property,

Yesterday, Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) came into focus following a key new announcement, and it is likely to be on the radars of investors this morning as well.

Argyle Resources Completes IP Surveying at the Frenchvale Graphite Property, Nova Scotia

The company announced that it had completed an IP (Induced Polarization) geophysical survey at its Nova Scotia-based Frenchvale Graphite Property.

In the news release, the company announced that the IP survey had been conducted across an area with a history of drilling and had managed to identify an 800-meter trend comprising of marble-hosted graphite. The results from the IP survey were being finalized by the consulting geophysicist of Argyle Resources Corp. and would be available within a week.

The consulting physicist of the company had designed the survey by way of a dipole-dipole array that comprised of eight potential dipoles with a width of 25 meters. It should be noted that the final geophysical survey would also be inclusive of 3D numerical inversions.

Argyle Resources Corp. also revealed that the drilling notifications had already been provided to the relevant government agencies and the approvals would come through in one week. A drill contractor had also been chosen, and drilling could commence by the end of this month. It may be a good time to add the Argyle Resources Corp. stock to your watch lists.