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Ark has new plan for Mt Porter

15th November 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Junior Ark Mines has unveiled new plans for its Mt Porter gold project, in the Northern Territory, which will see ore being treated at the nearby Union Reef mill.

Ark on Tuesday told shareholders that it had entered into a toll treatment agreement with NT Mining Operations for some 30 000 t/m of Mt Porter ore.

Mining at Mt Porter is expected to start soon after the current wet season, and will initially focus on gold oxide ore at Mt Porter, followed by gold oxide ore at Mt Porter South.

MD Roger Jackson said that following the oxide mining, Ark was planning to either mine the sulphide material at Mt Porter or Mt Porter North. The company was also contemplating the potential for mining the sulphide material along the Mt Porter anticline, by underground methods.

“This is an exciting new era for Ark. Mining Mt Porter is the culmination of a lot of hard work and determination by the Ark board and management. We have a robust plan and a strong vision for Ark and its gold projects in the Northern Territory,” said Jackson.

He added that the company would focus on its mining start-up and the development of further mining stock to maintain continuity.

Edited by Creamer Media Reporter

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