Ark Mines Ltd. (ASX: AHK) is advancing its 100%-owned Sandy Mitchell Rare Earths and Heavy Minerals Project in North Queensland, a shallow, surface-expressed deposit with the scale, mineral mix and development characteristics to position Ark as a significant future supplier of critical minerals.
The September 2026 Mineral Resource Estimate has defined 379.4 million tonnes @ 5,430 ppm Monazite Equivalent (MzEq), with 97% of estimated tonnage classified as Measured or Indicated. Based on Ark’s review of publicly reported estimates, Sandy Mitchell is now the largest rare earth Mineral Resource reported under the JORC Code (2012) hosted in residual heavy mineral sands derived from a metamorphic basement complex.
Ark is targeting completion of the updated Scoping Study in 2026, a Pre-Feasibility Study in 2027 and first production at Sandy Mitchell in 2028.
Beyond Sandy Mitchell, Ark holds a broader portfolio of North Queensland exploration assets prospective for gold, fluorite, copper, nickel, cobalt and iron, providing further exposure to critical, strategic and precious minerals.








