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Ark Mines Lands $4.5M QIC Investment to Accelerate Sandy Mitchell Rare Earths
10:46pm on Friday 29th of August, 2025 AEST
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Mining
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Ark Mines Lands $4.5M QIC Investment to Accelerate Sandy Mitchell Rare Earths
10:46pm on Friday 29th of August, 2025 AEST
Key Points
$4.5 million funding package from QIC’s Critical Minerals and Battery Technology Fund
Funding includes $4 million upfront tied to royalties and $500,000 equity investment pending shareholder approval
Stage-3 infill drilling underway to expand measured mineral resource
Pre-Feasibility Study scheduled for early 2026 to refine project economics
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