BPC is pleased to announce that Ark Mines has officially commenced drilling at Sandy Mitchell - their fully owned and advanced Rare Earths project, located in North Queensland.
Announcement highlights:
- Phase one of the drilling program has commenced on schedule and will be carried out by specialist Queensland-based contractor - Saxon Drilling.
- Rare Earths is being hosted in sands that host both light and heavy rare earths and minerals.
- This progress will also facilitate on-site metallurgical test work and gravity separation, allowing the company to further fast-track their exploration efforts.
- Assay results and ongoing test work will form the basis of a Maiden Mineral Resource Estimate (MRE) under the 2012 JORC code.
Air Core Drill Rig in Action, Directors overseeing the commencement of the program
The Executive Chairman of Ark Mines was excited to announce the news, and what this entailed;
“Confirmation that the Phase 1 drill program is underway marks another exciting step forward for Ark and our investor base. Since acquiring the Sandy Mitchell rare earths project, management have executed well on a targeted exploration strategy which included extensive drill planning, the commissioning of highly-rated contractors and ongoing test work of REE sands on-site. We look forward to reporting first assays from this Phase 1 drill program, which will also form the basis for further metallurgical For personal use only test work ahead of an updated MRE which is scheduled for Q4 CY2020.”
- Executive Chairman Roger Jackson
