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Ann: Ark Secures Toll Treat Agreement, page-28

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redsceptre

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27/02/17

20:16

Post #: 22949210
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Originally posted by Hardrock25 ↑

NT Bond is due before commencement of mining first. The nature of our deposit presents upfront revenue as our mineralisation is literally from the surface.
At present to my knowledge they are drilling to delineate south porter oxide to its base. This should be finished any day/week with results of this reported first. I personally find it quite interesting the nature of their drill program which delineates over historical drilling that was performed in the 90's that was performed up to 800m deep. The results of this 800m deep hole was never released or announced but only that this required followup immediate target drilling which is what they are conducting now. So i am of the speculation that our anticline mineralisation may be juicier than initially thought. Will have to see their results!

Following this an Ann of bond payment and mine commencement would no doubt follow along with return of south porter MMP form NT DMP. Remember they are planning to mine a steady 30,000 tons /month feed which will enable them to stockpile very quickly enough ore once mining commences. Also because we are selectively starting with mining the oxide ore our recovery from Union Mill will be quite good and highly profitable no doubt.

Instinct tells me that the contractor that cleared the drill pads for the recent south porter drilling program will most probably be the same guys that will pre clearance the mine surface and dig up our ore as they are already onsite.

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very good spidey tingles for the next few weeks of potential in AHK land, can't wait to see rubber hit the road and see what mr market has to say about it

AHK Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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Last 18.0¢		Change -0.010(5.26%)		Mkt cap ! $9.980M

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Ann: Ark Secures Toll Treat Agreement, page-28

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Ann: Ark Secures Toll Treat Agreement, page-28

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News