ARK Mines Ltd (AU:AHK) has released an update.
ARK Mines Ltd announced a promising Maiden Indicated Mineral Resource Estimate for its Sandy Mitchell project, positioning it as a notable rare Earth and Heavy mineral deposit with strong potential for economic extraction due to simple, low-cost processing methods. The company also reported an extensive exploration target range and is progressing with a Pre-Feasibility Study set for late 2024, aiming to develop an efficient, low-capital gravity separation plant.
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