ARK Mines Ltd (AU:AHK) has released an update.
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ARK Mines Ltd has submitted a mining lease application for the Sandy Mitchell project in North Queensland, covering an area with a significant Measured Mineral Resource Estimate of rare earths and heavy minerals. This step, supported by the project’s recent resource update, is crucial for advancing mine development strategies and ongoing discussions with potential strategic partners and offtake customers. The company emphasizes the project’s commercial viability and low-cost mining and processing advantages.
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