HomeFinTechArk Mines: Completes second-phase drilling at Gunnawarra, QLD

Ark Mines: Completes second-phase drilling at Gunnawarra, QLD

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Ark Mines Completes second-phase drilling at Gunnawarra, QLD

  • Ark Mines (AHK) completes phase two reverse circulation drilling at its Gunnawarra nickel-cobalt project in North Queensland
  • The 28-hole program targeted nickel-cobalt mineralisation in shallow laterites, which Ark says it successfully encountered to the west and southeast of known mineralisation
  • The RC program targeted nickel-cobalt mineralisation in shallow laterites, as well as other potential mineralisation in step-out locations
  • ArkMines expects to receive assays in the next two weeks, which it will use to inform a maiden mineral resource estimate for the Gunnawarra project
  • AHK shares are down 3.39 per cent to trade at 28.5 cents at 12:57 pm AEDT
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