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

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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...