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Ark Mines Limited (ASX:AHK)
ALERT: Price-sensitive ASX Announcement for AHK
Current share price for AHK : $0.265 -0.085 (-24.29%)+
Release
6 May 2026 9:17AM
Price at Release
$0.350
Full Release
Summary
Ark Mines Limited is advancing its exploration activities at the Sandy Mitchell Project in Australia, focusing on gold mining. The recent drilling results have indicated promising gold concentrations in the Sandy Mitchell Paleochannel. Ark Mines plans to further assay remaining samples and design an infill drill program to identify additional gold credits across the area. An updated Mineral Resource Estimate is underway, which will contribute to a Pre-Feasibility Study aimed at highlighting economic advantages for the project. The company has appointed Daemon de Chaeney as the Technical Services Manager and Company Geologist to oversee these efforts.
Key Points
- Gold intercepted in Sandy Mitchell Paleochannel drilling.
- Ark Mines Limited to assay remaining samples for gold.
- Infill drill program being designed for further exploration.
- Updated Mineral Resource Estimate in progress.
- Pre-Feasibility Study will highlight economic advantages.
- Daemon de Chaeney appointed as Technical Services Manager.
- Recent granting of Mining Licence enables project advancement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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