LOW-COST MINING AND PROCESSING OF RARE EARTHS AT SANDY MITCHELL
Outlining the advantages and benefits of the Sandy Mitchell Rare Earths deposit.
Ark Mines Ltd. (ASX code AHK) is at the forefront of a mining revolution, with a focus on the extraction of critical Rare Earth Elements (REE) through our flagship tenement, Sandy Mitchell.
Sandy Mitchell is Australia’s next large-scale REE project, positioning Ark Mines as a potential key player in an industry set to explode with opportunity. Due to its unique nature of mineralisation, Sandy Mitchell is recognised as the only inland surface-expressed placer deposit to host rare earths on the ASX.
Ark is targeting first production at Sandy Mitchell in 2027.
Additionally, we have several tenements containing Copper, Nickle, Iron and Cobalt, raw materials critical to the manufacturing of rechargeable Lithium-ion batteries and the viability of electric vehicles (EVs).
Sandy Mitchell is one of Australia’s most enriched MREO deposits and one of the world’s largest surface-expressed, sand-based placer Rare Earth deposits.
Resource evaluation reports released to date for the Sandy Mitchell Rare Earth Project far exceeded all expectations.
The Mineral Resource Estimate (MRE) stands at 71.8 million tonnes @ 1,732.7 ppm Monazite Equivalent and contains a basket of high value heavy minerals including Monazite, Xenotime, Zircon, Garnet and Ti minerals including Rutile and Ilmenite. With an estimated exploration target of 1.3 billion to 1.5 billion tonnes @1250 to 1490ppm Monazite Equivalent, Sandy Mitchell demonstrates real potential for significant resource expansion.
With the potential to generate revenue through the sale of rare earth concentrates as well as the high value heavy minerals, the Sandy Mitchell project is poised for rapid development and production.
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Outlining the advantages and benefits of the Sandy Mitchell Rare Earths deposit.
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