ARK Mines Ltd (AU:AHK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
ARK Mines Ltd has announced an updated exploration target for its Sandy Mitchell project, estimating between 1.3 to 1.5 billion tonnes of monazite equivalent, potentially making it one of the world’s largest rare earth deposits. The update reflects an increase in grade, positioning the project for low-impact, cost-effective mining due to the mineralization being near the surface. This promising development could significantly bolster ARK Mines’ standing in the rare earth market.
For further insights into AU:AHK stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money