Kalkine Media ASX Share Market News & Research
Sign Up/Login
https://kalkinemedia.com/resources/assets/public/img/flags/au.png AUS
https://kalkinemedia.com/resources/assets/public/img/flags/nz.png NZ
https://kalkinemedia.com/resources/assets/public/img/flags/uk.png UK
https://kalkinemedia.com/resources/assets/public/img/flags/ca.png CA
https://kalkinemedia.com/resources/assets/public/img/flags/us.png USA
https://kalkinemedia.com/resources/assets/public/img/flags/fr.png FRA
https://kalkinemedia.com/resources/assets/public/img/flags/de.png GER
https://kalkinemedia.com/resources/assets/public/img/flags/es.png ESP
https://kalkinemedia.com/resources/assets/public/img/flags/it.png ITA
https://kalkinemedia.com/resources/assets/public/img/flags/nl.png NLD
https://kalkinemedia.com/resources/assets/public/img/flags/pt.png PRT
https://kalkinemedia.com/resources/assets/public/img/flags/se.png SWE
https://kalkinemedia.com/resources/assets/public/img/flags/gr.png GRC
https://kalkinemedia.com/resources/assets/public/img/flags/in.png IND
https://kalkinemedia.com/resources/assets/public/img/flags/pl.png POL
https://kalkinemedia.com/resources/assets/public/img/flags/br.png BRA
https://kalkinemedia.com/resources/assets/public/img/flags/za.png ZAF
https://kalkinemedia.com/resources/assets/public/img/flags/ru.png RUS
https://kalkinemedia.com/resources/assets/public/img/flags/cn.png CHN
https://kalkinemedia.com/resources/assets/public/img/flags/ae.png UAE
Kalkine Media ASX Share Market News & Research
Sponsored

Ark Mines (ASX:AHK) kicks off RC drilling at Gunnawarra nickel-cobalt project

March 31, 2022 11:11 AM HKT | By Mohammad Zaid
Ark Mines (ASX:AHK) kicks off RC drilling at Gunnawarra nickel-cobalt project
Image source: AHK Announcement 30/03/22

Recent News

thumbnail

Fantasy Merge Game Underground Build is Now Live for Pre-register

thumbnail

Fernwayer Introduces Curated Travel Experiences in Cappadocia

thumbnail

Executives Discuss Trade Uncertainty and Share Trends and Insights at...

thumbnail

HYDE SCHOOL LAUNCHES ADMISSIONS OUTREACH TRIP ACROSS THE NORTHEAST IN...

Highlights

  • Ark Mines has commenced an RC drilling program at its highly prospective Gunnawarra Ni-Co Project.
  • So far, AHK has completed 500 metres of drilling and has encountered lateritic material up to 40 metres deep across some locations.
  • AHK plans to expand the present drill program if encouraging preliminary assay results are reported.

Mineral explorer and miner Ark Mines Limited (ASX:AHK) has initiated Reverse Circulation (RC) drilling at its highly prospective nickel-cobalt targets within the 36km2 Gunnawarra Exploration Permit Minerals (EPM) located in North Queensland.

The drilling program is expected to be concluded in the next ten days with the first assay results anticipated in late May.

Objectives of the drilling program

The RC drilling program is designed to target known nickel-cobalt mineralisation in shallow laterites and other prospective mineralisation in some step out locations. The Company has already drilled up to 500 metres and has encountered lateritic material up to 40 metres deep in some locations.

AHK has been able to secure the drill rig early in the season enabling the Company to substantially ramp up exploration works at the project. The drilling program follows the success of a drone magnetic survey in which the Company reaffirmed extensive Nickel and Cobalt laterite mineralisation at the project.

Source: AHK Announcement 30/03/22

The Company aims to test high priority targets and also assess the extremities of the mineralisation through the drill program.

Optimism surrounding Gunnawarra

The Company remains optimistic that the Gunnawarra can possibly emerge as a notable battery minerals asset and can grant AHK significant exposure to commodities such as nickel, cobalt, copper and scandium. These commodities are critical for the advancement and development of electric vehicles (EVs) and other renewable energy sectors.

AHK believes that, as a battery mineral exploration and development project, Gunnawarra has substantial potential in a proven Tier-1 jurisdiction for similar projects.

Source: AHK Announcement 30/03/22

AHK continues with its exploration at Gunnawarra with an objective to unlock the true potential of its premium project.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

Sponsored Articles

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.