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Ark Mines provides strategic update following mining lease submission

ASX News, Materials
ASX:AHK      MCAP $12.47M
09 October 2024 11:10 (AEDT)

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Ark Mines (ASX:AHK) Executive Director, Ben Emery joins The Market Online’s Sonia Madigan to announce the submission of their mining lease application for the Sandy Mitchell Rare Earth Project in north Queensland.

Emery describes it as a significant milestone, with the company targeting a two-year timeline to production. A scoping study is underway, with results expected soon.

Emery highlights the simplicity of their sand processing method and a substantial resource, positioning Ark Mines for long-term activity.

His message to investors is clear: Ark Mines is on track and aiming to begin production within two years.

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Disclaimer: The Market Limited had a commercial relationship with Ark Mines at the time this was produced.

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