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Ark Mines Advances Sandy Mitchell with Resource Upgrade and Scoping Study
12:11pm on Friday 31st of January, 2025 AEDT
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Mining
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Ark Mines Advances Sandy Mitchell with Resource Upgrade and Scoping Study
12:11pm on Friday 31st of January, 2025 AEDT
Key Points
Upgraded Mineral Resource Estimate: 71.8 million tonnes at 1,733 ppm Monazite Equivalent
Expanded Exploration Target now 1.3 to 1.5 billion tonnes at higher grade
Completed Scoping Study demonstrates strong project economics and 3-4 year ROI
Mining Lease application submitted covering 406 hectares
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