AHK 5.26% 18.0¢ ark mines limited

Ann: Second Drill Rig Commissioned at Ark Rare Earths Project, page-2

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  1. 10,649 Posts.
    lightbulb Created with Sketch. 2860
    Great news here - the auger drill which goes to approx 10m depth has moved north to expand on the size of the mineralisation, while the RC drill will be used in the proven area (only 1% of the total) to establish depth below the 10m level.

    While that seeks to increase the tonnes of ore quality sand, it is probably just as important that in REE deposits, in clays etc, the grade increases with depth - caused by the settling of the heavy mineral sands and REEs by weight. Niobium too we hope.

    Check the maps in the ann again - this could be massive and worth a play even though it is 'different'

    IMO DYOR. Cheers all.
 
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