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Ark Mines (ASX: AHK) acquires augur rig for Sandy Mitchell drill program

August 16, 2023 02:20 PM AEST | By Manisha
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Highlights

  • Ark Mines (ASX:AHK) has acquired a hydraulic-driven augur rig to drill the Sandy Mitchell project.
  • The rig modified to drill sands has been mounted on a 4WD Landcruiser to allow flexible movement between drill sites.
  • The Phase 1 aircore drilling delivered initial assays indicating REE and HM mineralisation in every hole.

Australian mining company Ark Mines Limited (ASX: AHK) has acquired a specialised augur rig to undertake its drill campaign at the highly prospective Sandy Mitchell Rare Earths Project in North Queensland. The rig has been modified on purpose for drilling sands. Also, the rig has been custom-mounted on a 4WD Toyota Landcruiser for swift movement between drill sites.

The management prioritised the procurement of an augur rig after successful completion of Phase 1, 144-hole aircore drill campaign. The preliminary assay results from the drill program showed rare earth (REE) and heavy mineral (HM) mineralisation in every hole.

The company will now start the next phase of drilling with the hydraulic augur rig.


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