Ark Mines (AHK) 주식 개요Ark Mines Limited는 호주에서 광물 자산을 인수하고 탐사하는 회사입니다. 자세히 보기AHK 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석지난 5년간 매년 수익이 27.3% 감소했습니다.수익이 USD$1m 미만입니다(A$6K)최신 재무 보고서가 6개월 이상 지났습니다.의미 있는 시가총액이 없습니다(A$23M)모든 위험 점검 보기AHK Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.338.5k% 고평가 내재 할인율Est. Revenue$PastFuture-4m7m2016201920222025202620282031Revenue AU$169.6kEarnings AU$22.3kAdvancedSet Fair ValueView all narrativesArk Mines Limited 경쟁사Western Mines GroupSymbol: ASX:WMGMarket cap: AU$21.6mCorella ResourcesSymbol: ASX:CR9Market cap: AU$17.5mSomerset MineralsSymbol: ASX:SMMMarket cap: AU$15.7mLincoln MineralsSymbol: ASX:LMLMarket cap: AU$33.9m가격 이력 및 성과Ark Mines 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.3352주 최고가AU$0.7552주 최저가AU$0.15베타0.281개월 변동-2.99%3개월 변동-22.62%1년 변동62.50%3년 변동-1.52%5년 변동n/aIPO 이후 변동-92.93%최근 뉴스 및 업데이트New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.3k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$26.8m market cap, or US$19.2m).New Risk • Dec 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$40.8m market cap, or US$27.1m).Recent Insider Transactions Derivative • Dec 05Board Member exercised options to buy AU$1.7m worth of stock.On the 2nd of December, Ian Mitchell exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$574k. This transaction amounted to 286% of their direct individual holding at the time of the trade. Since March 2025, Ian's direct individual holding has increased from 1.01m shares to 3.88m. This was the only transaction from an insider over the last 12 months.공시 • Dec 01Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing공시 • Nov 28Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 21, 2025Ark Mines Limited, Annual General Meeting, Nov 21, 2025. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia더 많은 업데이트 보기Recent updatesNew Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.3k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$26.8m market cap, or US$19.2m).New Risk • Dec 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$40.8m market cap, or US$27.1m).Recent Insider Transactions Derivative • Dec 05Board Member exercised options to buy AU$1.7m worth of stock.On the 2nd of December, Ian Mitchell exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$574k. This transaction amounted to 286% of their direct individual holding at the time of the trade. Since March 2025, Ian's direct individual holding has increased from 1.01m shares to 3.88m. This was the only transaction from an insider over the last 12 months.공시 • Dec 01Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing공시 • Nov 28Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 21, 2025Ark Mines Limited, Annual General Meeting, Nov 21, 2025. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 AustraliaNew Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$25.4m market cap, or US$16.6m).공시 • Aug 25Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,994,012 Price\Range: AUD 0.167 Transaction Features: Subsequent Direct ListingNew Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 32% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Minor Risk Market cap is less than US$100m (AU$27.3m market cap, or US$17.7m).New Risk • Jul 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Market cap is less than US$10m (AU$9.92m market cap, or US$6.52m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).공시 • May 07Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,714,285 Price\Range: AUD 0.14 Transaction Features: Subsequent Direct ListingNew Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 3.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.76m market cap, or US$4.85m).공시 • Oct 22Ark Mines Limited, Annual General Meeting, Nov 22, 2024Ark Mines Limited, Annual General Meeting, Nov 22, 2024. Location: hall chadwick, level 40, 2 park street, sydney nsw 2000, AustraliaNew Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.98m market cap, or US$6.86m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m (AU$18k revenue, or US$12k). Market cap is less than US$10m (AU$7.49m market cap, or US$4.95m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).Recent Insider Transactions Derivative • Jan 11Board Member exercised options to buy AU$56k worth of stock.On the 10th of January, Ian Mitchell exercised options to buy 296k shares at a strike price of around AU$0.20, costing a total of AU$59k. This transaction amounted to 49% of their direct individual holding at the time of the trade. Since June 2023, Ian's direct individual holding has increased from 440.39k shares to 609.89k. Company insiders have collectively bought AU$118k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 24, 2023Ark Mines Limited, Annual General Meeting, Nov 24, 2023, at 11:30 AUS Eastern Standard Time. Location: Hall Chadwick, Level 40, 2 Park Street, Sydney NSW 2000 Sdyney New South Wales Australia Agenda: To consider Remuneration Report; to consider Re-election of Director Mr Ian Mitchell; to consider Approval of 10% Placement Facility; to consider Ratification of prior share issue; to consider Approval of issue of options.New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$9.93m market cap, or US$6.28m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Sep 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$10.5m market cap, or US$6.72m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$11.6m market cap, or US$7.38m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding).공시 • Aug 09Ark Mines Ltd Appoints Ian White an Additional Company SecretaryArk Mines Ltd. announced the appointment of Mr. Ian White an additional Company Secretary. Mr. Ian Mitchell will continue to act as a Company Secretary but will take a period of leave to recover from a recent illness. Mr. White is an experienced and qualified Company Secretary with over 40 years business experience and Director of Professional Edge Pty Ltd, a company that provides professional services to junior listed and unlisted resource exploration companies, including Ark Mines Ltd. Mr. White, through Professional Edge Pty Ltd, has provided finance and accounting support to Ark Mines Ltd. since 2012 and will continue to provide this support as its Chief Financial Officer, as well acting as a Company Secretary with Mr. Mitchell.New Risk • Jul 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.8m market cap, or US$9.24m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).공시 • Jul 18Ark Mines Limited announced that it expects to receive AUD 3.05505 million in fundingArk Mines Limited announced a private placement of 10,534,655 ordinary shares at a price of AUD 0.29 per share for the gross proceeds of AUD 3.05505 million on July 18, 2023. The transaction is expected to close on July 26, 2023. As a part of transaction, the company will pay a capital raising fee 6% of the capital raised.공시 • Dec 01Ark Mines Limited Receives Assay Results Back from NAL Laboratories, for the Second Phase of Drilling At Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Limited announced that it has received assay results back from NAL Laboratories, for the second phase of drilling at the Company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni-Co mineralisation in shallow laterites as well as other potential mineralisation in some step out locations. 844 metres have been drilled to-date and the Phase 2 Ni-Co results mark a positive addition to the Phase 1 assays, which were indicative of shallow, robust nickel mineralization. Along with the Phase 1 drill program Ark has now completed 2,844m of Reverse Circulation drilling at Gunnawarra and drilling will remain ongoing (weather permitting) into 2023 with a significant number of untested drill targets still remaining at the project. The accumulated assay results leave Ark on track to achieve its targeted objective with the delivery of a maiden Mineral Resource estimate at Gunnawarra, which is expected in the first half of 2023. Prior to this, the Company anticipates undertaking more drilling. Significant nickel-cobalt drillhole intersections included: 3m @ 1.2% NiEq from 6m, plus 3m @ 1.2% NiEq from 6m, plus 1m @ 0.81% NiEq from 17m, plus 1m @ 1.14% NiEq from 32m; 2m @ 0.96% NiEq from 4m, plus 1m @ 0.73% NiEq from 12m, plus 1m @ 0.90% NiEq from 29m; 3m @ 0.93% NiEq from 8m, including 1m @ 1.2% NiEq from 8m; 9m @ 0.79% NiEq from 18m, including 2m @ 1.3% NiEq from 25m.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Nov 03Ark Mines Limited Announces the Completion of the First and Second Phase of Its Drilling Program At Its 100%-Owned Gunnawarra Nickel Cobalt Project, North QueenslandArk Mines Limited announce that following the completion of the first and second phase of its drilling program at its 100%-owned Gunnawarra Nickel Cobalt Project, North Queensland, it is proceeding with metallurgical testing of the nickel cobalt ore from the project for commercial beneficiation at the Eriez pilot plant in Victoria. The pilot plant is designed as a scalable template for the design and construction of a beneficiation plant for commercial production. Small scale beneficiation trials have showed positive results conducted by Tony King at Herbaton metallurgical and the results from this program, which will be published in the near-term, is the catalyst for this pilot scale beneficiation program.공시 • Nov 02Ark Mines Limited Completes A Second Phase of Drilling At the Its Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Ltd. announced that it has completed a second phase of drilling at the company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. 844 metres have been drilled over an area approximately 600 m across and lateritic material has been encountered in many locations. To date, Ark has drilled a total of 2604 metres at Gunnawarra with further drilling anticipated subject to weather. Highlights: The company has completed 844 metres of Reverse Circulation (RC) drilling in its second round of drilling at its 100% owned Gunnawarra Nickel Cobalt Project, North Queensland; 28 holes drilled at an average depth of 30 metres with deepest hole drilled to 59 metres; Lateritic material encountered to the West and to the southeast of the previous drilled mineralization; Samples have been submitted for assaying with results expected within two weeks; The company will apply these results, along with the first phase drilling results, to report the maiden Mineral Resource Estimate for the Gunnawarra project.공시 • Oct 27Ark Mines Ltd Completes Second Phase of Drilling At the Company's Highly Prospective Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Ltd. announced that it has completed a second phase of drilling at the Company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. 844 metres have been drilled over an area approximately 600 m across and lateritic material has been encountered in many locations. To date, Ark has drilled a total of 2604 metres at Gunnawarra with further drilling anticipated subject to weather.공시 • Oct 14Ark Mines Limited, Annual General Meeting, Nov 18, 2022Ark Mines Limited, Annual General Meeting, Nov 18, 2022, at 11:30 AUS Eastern Standard Time. Location: Hall Chadwick Level 40, 2 Park Street Sydney New South Wales Australia Agenda: To consider Remuneration Report; to consider re-election of Director - Mr. Antony Corel; and to consider approval of Placement Facility.공시 • Jun 21Ark Mines Ltd Engages IHC Mining to Undertake Beneficiation Test Work of the Gunnawarra Ni Co SamplesArk Mines Ltd. announced that following the success of its recent drilling program at Gunnawarra the Company has engaged IHC Mining (IHC) of Brisbane to undertake beneficiation test work on its mineralised Ni Co laterite material. The primary focus of the test work being undertaken by IHC will be on magnetic separation. Additional options will also be reviewed and examined to further improve extraction processes for the Gunnawarra laterite material. Given Laterites have a significant Iron content there is potential to upgrade Ni grades through a magnetic separation process. The ability to upgrade is highly dependent on how separate the Ni is from the magnetic iron. The initial 45-hole drill program completed at Gunnawarra confirmed strong nickel and cobalt mineralisation at an area known as `the Pod'. The results of the program revealed most intersections to be shallow with little to no overburden, with the deposit remaining open in numerous directions. Significant intersections include: 28m at .73% Ni Eq from surface including 5m at 1.8% Ni Eq from 5m,including 2m of Co at .1% from 4m; 42m at .76% Ni Eq from 2m including 19m at 1% Ni Eq from 6m; 22m at 1% Ni Eq from 4m including 9m at 1.4% Ni Eq from 8m; 28m at .7% Ni Eq from surface including 6m at 1.4% Ni Eq from 3m; 11m at .84% Ni Eq from 2m including 2m at 1.2% Ni Eq from 5m and; 14m at 1.12% Ni Eq from 3m including 4m at 1.7% Ni Eq from 8m. Coinciding with the beneficiation test work by IHC, Ark will continue to advance its exploration initiatives at the Pod through targeting known extensions to the system. In addition, further high potential targets identified across the 36km² Gunnawarra tenement area will begin to be drilled as the Company looks to continue to build upon the historic resource at the project.공시 • May 24Ark Mines Limited Provides Maiden Assay Results from the Recent 2,000M, 45-Hole Drill Program At Its Gunnawarra Nickel Cobalt Project in North QueenslandArk Mines Limited announced assay results from a recently-completed 45-hole drilling program highlight shallow robust nickel mineralisation, further expanding the scope of the resource. Significant intersections of `the Pod' include: 28m at .73% Ni Eq from surface including 5m at 1.8% Ni Eq from 5m, including 2m of Co at .1% from 4m; 42m at .76% Ni Eq from 2m including 19m at 1% Ni Eq from 6m; 22m at 1% Ni Eq from 4m including 9m at 1.4% Ni Eq from 8m; 28m at .7% Ni Eq from surface including 6m at 1.4% Ni Eq from 3m; 11m at .84% Ni Eq from 2m including 2m at 1.2% Ni Eq from 5m; 14m at 1.12% Ni Eq from 3m including 4m at 1.7% Ni Eq from 8m. Most intersections are shallow with little to no overburden. Deposit remains open in numerous directions. Ark is now planning drilling known extensions to `the Pod' as well as other target areas across the Gunnawarra leases. These very encouraging results, highlighted above, support AHK's stated objective to expand the scope of a previously-identified 2004 JORC historical mineral resource estimate (MRE) at Gunnawarra, and convert it to 2012 JORC status. The successful 45-hole drill program was carried out in an area known as `the Pod', where drilling in 2008 by Metallica Minerals Limited (ASX: MLM) reported an Inferred Resource of 280,000 tonnes at 0.73% nickel (Ni) and 0.05% Cobalt (Co). Ark believes the deposit is open to the North West and the South East with a follow up drill program being planned now. By utilising more modern drilling practices with a larger air rig, Ark anticipates significantly expanding the size of the resource with its maiden drilling program which intersected nickel-cobalt mineralisation at depths of up to 60 metres, around double the depth of the previous drilling program. The latest assay results give Ark a strong platform to execute on its development strategy at Gunnawarra, which borders the `Sconi' project operated by Australian Mines (ASX: AUZ) - one of Australia's most advanced cobalt-nickel-scandium projects. Assay results are in line with the timeline projects previously communicated to the market by the Ark management team.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Apr 08Ark Mines Limited Reports Nickel and Cobalt Mineralization Intersected in Gunnawarra LateritesArk Mines Ltd. reported it has intersected extensive Nickel and Cobalt mineralization in the targeted laterites with 1,430 metres of reverse circulation (`RC') drilling completed at the company's highly prospective Gunnawarra project. At the completion of first phase of drilling, Nickel and Cobalt mineralization has been intersected up to 60 metres in depth in the targeted laterites. Given the encouraging results, the drill program has been extended by at least another 400m to the west. As previously announced, the 1,500m RC drill program was targeting known mineralization in shallow laterites as well as other potential mineralization in some step out locations. The extensive nickel and cobalt mineralization intersected adds to the lateritic material encountered from the initial 500 metres of drilling.공시 • Mar 30Ark Mines Limited Announces RC Drilling Commence At the Highly Prospective Nickel Cobalt TargetsArk Mines Ltd. announced RC drilling has commenced at the company's highly prospective nickel cobalt targets within the 36km2 Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. So far, 500 metres have been drilled and lateritic material has been encountered up to 40 metres deep in some locations.공시 • Mar 04Ark Mines Limited Announces the Completion of A Successful Drone Magnetic Survey Undertaken At Its Gunnawarra Nickel-Cobalt Project in North QueenslandArk Mines Ltd. announced the completion of a successful drone magnetic survey undertaken at its Gunnawarra Nickel-Cobalt Project (EPM 26560) in North Queensland which has confirmed a strong correlation between the proven Nickel-Cobalt laterite mineralisation across the project and the magnetic highs identified through the survey. Gunnawarra has significant potential as a battery mineral exploration and development project in a proven Tier 1 jurisdiction for similar projects. It surrounds the Bell Creek resource, a component of the Sconi project owned by Australian Mines Limited, the most advanced Cobalt-Nickel-Scandium project in Australia. As previously reported, Ultramag Geophysics was engaged to undertake a high spatial resolution drone magnetic survey across Gunnawarra's 36km2 tenure. The Company used unmanned aerial vehicles which provides comparable resolution at 10x the speed and a quarter of the cost of traditional methods. The results from the survey were of excellent quality with high resolution data providing Ark with a clear and detailed aeromagnetic image of the project. The magnetic highs are shown to coincide exceedingly well with the Nickel-Cobalt laterite deposits at surface and in the underlying ultramafic geology. With definitive outlines of the Nickel-Cobalt mineralisation surface and under surface locations confirmed,. In addition, serpentinites and ultra-mafic basement rocks have given a strong signature which provides Ark with further exploration opportunities. The advancing exploration program Gunnawarra is part of Ark's plan to aggressively ramp up exploration activity across its tenements, which includes finalising drill targets at the Company's Mt Jesse Copper-Iron project. Drilling contracts are now being assessed before the Company advances a detailed drilling program. TARGETS; The gridded TMI image (Image 2) show a large magnetic high anomaly (A) trending north- south through the central portion of the survey outlined in yellow. This is the main structure identified in the survey.We are confident these tops are accurate to within a few metres; (A) has two main highs (B) and (C) to the north; All of these highs appear to be cross-cut by ENE to NE trending linearfeatures which add complexity to the interpretation and may offer further mineralisation potential, particularly at intersections of lineations and mag high edges;The other two important features in this area include the mag lows (D) which juxtaposethe main feature (A). These show up best in TMI but wash out in RTP; To the far northwest, there is another mag high structure on the northern side (G) as well as a mag low (G) on the southern side. This structure also offers a secondary target.공시 • Feb 08Ark Mines Ltd Commences Magnetic Survey At Gunnawarra Nickel-Cobalt ProjectArk Mines Ltd. reported that it has commenced exploration activity at its Gunnawarra Nickel-Cobalt Project in North Queensland, Australia. Ultramag Geophysics is now onsite undertaking a detailed drone magnetic survey across Gunnawarra project's 36km2 tenure. Located ~40km south from Mount Garnet in far-north Queensland, the Gunnawarra Project boasts outstanding access to existing infrastructure including grid power, water and access to port facilities. The project surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited. Gunnawarra presents strong coincidental geophysics to Bell Creek, with outcrops that pervade the tenement from the Bell Creek Resource. Ultramag Geophysics gave been engaged to undertake a high spatial resolution drone magnetic survey at Gunnawarra utilising unmanned aerial vehicles. UAVs provide an advantage over traditional methods with the ability to consistently fly over hard to reach and hazardous areas as well as safely at low elevations. This eliminates the need for large crews, refuelling stations, and other potential risks associated with aircraft. Dronemag surveys provide comparable resolution to groundmag but with a much faster acquisition. Additional new small features can be mapped and used to inform the geological modelling. Dronemag is approximately 10 times faster than groundmag and can be undertaken at a fraction of the cost. Ultramag's survey work is expected to take approximately one week to complete, with a detailed report available later in February. The results of the survey will allow Ark to identify geological structures across the tenement including dykes, sills, and other intrusions, faults, magmatic flows and paleochannels. Being able to pinpoint the magnetic ultramafic host rock will be key to allowing the Company to refine drill targets more efficiently. Various drill targets have previously been defined at Gunnawarra and the results of this survey will confirm these drill locations and likely define others. A detailed drill program will be developed following the reception and interpretation of the survey results.공시 • Jan 18Ark Mines Limited Reports the Commencement of Exploration Activity At Its Gunnawarra Nickel-Cobalt ProjectArk Mines Limited reported the commencement of exploration activity at its Gunnawarra Nickel-Cobalt Project (EPM 26560) with Ultramag Geophysics engaged to undertake a detailed drone Magnetic survey across the project in early February. Gunnawarra surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited and Gunnawarra has strong coincidental Geophysics and outcrops pervades the tenement from the Bell Creek Resource. It is expected the work will take around a week to complete, with a report available shortly after. The high-resolution magnetic surveys using UAVs (Dronemag) can rapidly identify geological structures such as dykes, sills, and other intrusions, faults, magmatic flows and paleochannels. Ultramag Dronemag provides very high spatial resolution. New small featurescan be mapped and used to inform the geological modelling. UAVs can fly over hard to reach and hazardous areas and can fly consistently and safely at low elevations. UAVs eliminate the need for large crews, refuelling stations, and risks associated with aircraft. Dronemag surveysprovide comparable resolution to groundmag but with a much faster acquisition. Dronemag is about 10 times faster than ground mag, and a fraction of the cost. A number of drill targets have previously been defined at Gunnawarra and the results of this survey will confirm these drill locations and likely define others. The Gunnawarra Nickel-Cobalt Project (EPM 26560) is located 40kms south from Mount Garnet in far-north Queensland, the project is close to existing infrastructure, including grid power, water and access to port facilities.Board Change • Dec 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Dec 24Ark Mines Limited Announces Company Drilling Programs First Quarter 2022Ark Mines Limited announced Highly prospective Mount Jesse Iron rich magnetite skarn with copper mineralisation to be drilled early in the new year: First pass 1,000m relatively shallow angled holed RC drilling program to be undertaken, stepping out from the exposed knobs Drilling of the Gunnawarra Nickel project also planned immediately following completion of Mt Jesse program: 800m shallow vertical holed RC drilling planned Mt Jesse Iron Project (EPM 26464): located 25km west of Mt Garnet and 176km from Cairns far-north Queensland. Project is centered on an Iron rich magnetite skarn with copper which potentially is associated with porphyry style copper mineralisation within a granodiorite. The iron is exposed as low-lying outcrops knobs in three locations surrounding the quaternary cover. Gunnawarra Nickel-Cobalt Project (EPM 26560): located 40kms south from Mount Garnet in far-north Queensland, the project is close to existing infrastructure, including grid power, water and access to port facilities. EPM 26560 surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited. Strong coincidental Geophysics and outcrop pervades the tenement from the Bell Creek Resource. Ark plans to carry out follow-up soil sampling and undertake a shallow RC drilling program along strike of the Bell Creek resource, and on other targets within the license. A component of the drilling will focus on the basement rocks for potential sulphide mineralisation. Further to the drilling programs to be undertaken at Mt Jesse and Gunnawarra,the Ark technical team will be reviewing the Pluton Gold project with a view of determining targets to drill later in the season.주주 수익률AHKAU Metals and MiningAU 시장7D3.2%3.4%1.0%1Y62.5%59.3%3.1%전체 주주 수익률 보기수익률 대 산업: AHK은 지난 1년 동안 59.3%의 수익을 기록한 Australian Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: AHK은 지난 1년 동안 3.1%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is AHK's price volatile compared to industry and market?AHK volatilityAHK Average Weekly Movement11.6%Metals and Mining Industry Average Movement12.2%Market Average Movement10.3%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.2%안정적인 주가: AHK는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: AHK의 주간 변동성은 지난 1년간 20%에서 12%로 감소했습니다.회사 소개설립직원 수CEO웹사이트2007n/aRoger Jacksonwww.arkmines.comArk Mines Limited는 호주에서 광물 자산을 인수하고 탐사하는 회사입니다. 이 회사는 니켈, 스칸듐, 코발트, 구리, 크로마이트, 망간, 금, 철, 희토류 원소를 탐사합니다. 퀸즐랜드 북부에 위치한 샌디 미첼 희토류 프로젝트에 중점을 두고 있습니다.더 보기Ark Mines Limited 기초 지표 요약Ark Mines의 순이익과 매출은 시가총액과 어떻게 비교됩니까?AHK 기초 통계시가총액AU$22.79m순이익 (TTM)-AU$1.19m매출 (TTM)AU$6.00k3,918x주가매출비율(P/S)-19.8x주가수익비율(P/E)AHK는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표AHK 손익계산서 (TTM)매출AU$6.00k매출원가AU$0총이익AU$6.00k기타 비용AU$1.19m순이익-AU$1.19m최근 보고된 실적Jun 30, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.016총이익률100.00%순이익률-19,751.72%부채/자본 비율9.0%AHK의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/01 08:49종가2026/06/01 00:00수익2025/06/30연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Ark Mines Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.3k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$26.8m market cap, or US$19.2m).
New Risk • Dec 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$40.8m market cap, or US$27.1m).
Recent Insider Transactions Derivative • Dec 05Board Member exercised options to buy AU$1.7m worth of stock.On the 2nd of December, Ian Mitchell exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$574k. This transaction amounted to 286% of their direct individual holding at the time of the trade. Since March 2025, Ian's direct individual holding has increased from 1.01m shares to 3.88m. This was the only transaction from an insider over the last 12 months.
공시 • Dec 01Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing
공시 • Nov 28Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing
공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 21, 2025Ark Mines Limited, Annual General Meeting, Nov 21, 2025. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.3k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$26.8m market cap, or US$19.2m).
New Risk • Dec 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$4.0k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$40.8m market cap, or US$27.1m).
Recent Insider Transactions Derivative • Dec 05Board Member exercised options to buy AU$1.7m worth of stock.On the 2nd of December, Ian Mitchell exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$574k. This transaction amounted to 286% of their direct individual holding at the time of the trade. Since March 2025, Ian's direct individual holding has increased from 1.01m shares to 3.88m. This was the only transaction from an insider over the last 12 months.
공시 • Dec 01Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing
공시 • Nov 28Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.575753 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,878,765 Price\Range: AUD 0.2 Transaction Features: Subsequent Direct Listing
공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 21, 2025Ark Mines Limited, Annual General Meeting, Nov 21, 2025. Location: at hall chadwick, level 40, 2 park street, sydney nsw 2000 Australia
New Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$25.4m market cap, or US$16.6m).
공시 • Aug 25Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.Ark Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,994,012 Price\Range: AUD 0.167 Transaction Features: Subsequent Direct Listing
New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 32% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Minor Risk Market cap is less than US$100m (AU$27.3m market cap, or US$17.7m).
New Risk • Jul 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$6.0k revenue, or US$3.9k). Market cap is less than US$10m (AU$9.92m market cap, or US$6.52m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).
공시 • May 07Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.Ark Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,714,285 Price\Range: AUD 0.14 Transaction Features: Subsequent Direct Listing
New Risk • Dec 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 3.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.76m market cap, or US$4.85m).
공시 • Oct 22Ark Mines Limited, Annual General Meeting, Nov 22, 2024Ark Mines Limited, Annual General Meeting, Nov 22, 2024. Location: hall chadwick, level 40, 2 park street, sydney nsw 2000, Australia
New Risk • Sep 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.98m market cap, or US$6.86m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).
New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m (AU$18k revenue, or US$12k). Market cap is less than US$10m (AU$7.49m market cap, or US$4.95m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
Recent Insider Transactions Derivative • Jan 11Board Member exercised options to buy AU$56k worth of stock.On the 10th of January, Ian Mitchell exercised options to buy 296k shares at a strike price of around AU$0.20, costing a total of AU$59k. This transaction amounted to 49% of their direct individual holding at the time of the trade. Since June 2023, Ian's direct individual holding has increased from 440.39k shares to 609.89k. Company insiders have collectively bought AU$118k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Oct 21Ark Mines Limited, Annual General Meeting, Nov 24, 2023Ark Mines Limited, Annual General Meeting, Nov 24, 2023, at 11:30 AUS Eastern Standard Time. Location: Hall Chadwick, Level 40, 2 Park Street, Sydney NSW 2000 Sdyney New South Wales Australia Agenda: To consider Remuneration Report; to consider Re-election of Director Mr Ian Mitchell; to consider Approval of 10% Placement Facility; to consider Ratification of prior share issue; to consider Approval of issue of options.
New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$9.93m market cap, or US$6.28m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Sep 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$10.5m market cap, or US$6.72m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Sep 10New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$11.6m market cap, or US$7.38m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding).
공시 • Aug 09Ark Mines Ltd Appoints Ian White an Additional Company SecretaryArk Mines Ltd. announced the appointment of Mr. Ian White an additional Company Secretary. Mr. Ian Mitchell will continue to act as a Company Secretary but will take a period of leave to recover from a recent illness. Mr. White is an experienced and qualified Company Secretary with over 40 years business experience and Director of Professional Edge Pty Ltd, a company that provides professional services to junior listed and unlisted resource exploration companies, including Ark Mines Ltd. Mr. White, through Professional Edge Pty Ltd, has provided finance and accounting support to Ark Mines Ltd. since 2012 and will continue to provide this support as its Chief Financial Officer, as well acting as a Company Secretary with Mr. Mitchell.
New Risk • Jul 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.8m market cap, or US$9.24m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
공시 • Jul 18Ark Mines Limited announced that it expects to receive AUD 3.05505 million in fundingArk Mines Limited announced a private placement of 10,534,655 ordinary shares at a price of AUD 0.29 per share for the gross proceeds of AUD 3.05505 million on July 18, 2023. The transaction is expected to close on July 26, 2023. As a part of transaction, the company will pay a capital raising fee 6% of the capital raised.
공시 • Dec 01Ark Mines Limited Receives Assay Results Back from NAL Laboratories, for the Second Phase of Drilling At Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Limited announced that it has received assay results back from NAL Laboratories, for the second phase of drilling at the Company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni-Co mineralisation in shallow laterites as well as other potential mineralisation in some step out locations. 844 metres have been drilled to-date and the Phase 2 Ni-Co results mark a positive addition to the Phase 1 assays, which were indicative of shallow, robust nickel mineralization. Along with the Phase 1 drill program Ark has now completed 2,844m of Reverse Circulation drilling at Gunnawarra and drilling will remain ongoing (weather permitting) into 2023 with a significant number of untested drill targets still remaining at the project. The accumulated assay results leave Ark on track to achieve its targeted objective with the delivery of a maiden Mineral Resource estimate at Gunnawarra, which is expected in the first half of 2023. Prior to this, the Company anticipates undertaking more drilling. Significant nickel-cobalt drillhole intersections included: 3m @ 1.2% NiEq from 6m, plus 3m @ 1.2% NiEq from 6m, plus 1m @ 0.81% NiEq from 17m, plus 1m @ 1.14% NiEq from 32m; 2m @ 0.96% NiEq from 4m, plus 1m @ 0.73% NiEq from 12m, plus 1m @ 0.90% NiEq from 29m; 3m @ 0.93% NiEq from 8m, including 1m @ 1.2% NiEq from 8m; 9m @ 0.79% NiEq from 18m, including 2m @ 1.3% NiEq from 25m.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Nov 03Ark Mines Limited Announces the Completion of the First and Second Phase of Its Drilling Program At Its 100%-Owned Gunnawarra Nickel Cobalt Project, North QueenslandArk Mines Limited announce that following the completion of the first and second phase of its drilling program at its 100%-owned Gunnawarra Nickel Cobalt Project, North Queensland, it is proceeding with metallurgical testing of the nickel cobalt ore from the project for commercial beneficiation at the Eriez pilot plant in Victoria. The pilot plant is designed as a scalable template for the design and construction of a beneficiation plant for commercial production. Small scale beneficiation trials have showed positive results conducted by Tony King at Herbaton metallurgical and the results from this program, which will be published in the near-term, is the catalyst for this pilot scale beneficiation program.
공시 • Nov 02Ark Mines Limited Completes A Second Phase of Drilling At the Its Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Ltd. announced that it has completed a second phase of drilling at the company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. 844 metres have been drilled over an area approximately 600 m across and lateritic material has been encountered in many locations. To date, Ark has drilled a total of 2604 metres at Gunnawarra with further drilling anticipated subject to weather. Highlights: The company has completed 844 metres of Reverse Circulation (RC) drilling in its second round of drilling at its 100% owned Gunnawarra Nickel Cobalt Project, North Queensland; 28 holes drilled at an average depth of 30 metres with deepest hole drilled to 59 metres; Lateritic material encountered to the West and to the southeast of the previous drilled mineralization; Samples have been submitted for assaying with results expected within two weeks; The company will apply these results, along with the first phase drilling results, to report the maiden Mineral Resource Estimate for the Gunnawarra project.
공시 • Oct 27Ark Mines Ltd Completes Second Phase of Drilling At the Company's Highly Prospective Nickel Cobalt Gunnawarra EPM in North QueenslandArk Mines Ltd. announced that it has completed a second phase of drilling at the Company's highly prospective nickel cobalt Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. 844 metres have been drilled over an area approximately 600 m across and lateritic material has been encountered in many locations. To date, Ark has drilled a total of 2604 metres at Gunnawarra with further drilling anticipated subject to weather.
공시 • Oct 14Ark Mines Limited, Annual General Meeting, Nov 18, 2022Ark Mines Limited, Annual General Meeting, Nov 18, 2022, at 11:30 AUS Eastern Standard Time. Location: Hall Chadwick Level 40, 2 Park Street Sydney New South Wales Australia Agenda: To consider Remuneration Report; to consider re-election of Director - Mr. Antony Corel; and to consider approval of Placement Facility.
공시 • Jun 21Ark Mines Ltd Engages IHC Mining to Undertake Beneficiation Test Work of the Gunnawarra Ni Co SamplesArk Mines Ltd. announced that following the success of its recent drilling program at Gunnawarra the Company has engaged IHC Mining (IHC) of Brisbane to undertake beneficiation test work on its mineralised Ni Co laterite material. The primary focus of the test work being undertaken by IHC will be on magnetic separation. Additional options will also be reviewed and examined to further improve extraction processes for the Gunnawarra laterite material. Given Laterites have a significant Iron content there is potential to upgrade Ni grades through a magnetic separation process. The ability to upgrade is highly dependent on how separate the Ni is from the magnetic iron. The initial 45-hole drill program completed at Gunnawarra confirmed strong nickel and cobalt mineralisation at an area known as `the Pod'. The results of the program revealed most intersections to be shallow with little to no overburden, with the deposit remaining open in numerous directions. Significant intersections include: 28m at .73% Ni Eq from surface including 5m at 1.8% Ni Eq from 5m,including 2m of Co at .1% from 4m; 42m at .76% Ni Eq from 2m including 19m at 1% Ni Eq from 6m; 22m at 1% Ni Eq from 4m including 9m at 1.4% Ni Eq from 8m; 28m at .7% Ni Eq from surface including 6m at 1.4% Ni Eq from 3m; 11m at .84% Ni Eq from 2m including 2m at 1.2% Ni Eq from 5m and; 14m at 1.12% Ni Eq from 3m including 4m at 1.7% Ni Eq from 8m. Coinciding with the beneficiation test work by IHC, Ark will continue to advance its exploration initiatives at the Pod through targeting known extensions to the system. In addition, further high potential targets identified across the 36km² Gunnawarra tenement area will begin to be drilled as the Company looks to continue to build upon the historic resource at the project.
공시 • May 24Ark Mines Limited Provides Maiden Assay Results from the Recent 2,000M, 45-Hole Drill Program At Its Gunnawarra Nickel Cobalt Project in North QueenslandArk Mines Limited announced assay results from a recently-completed 45-hole drilling program highlight shallow robust nickel mineralisation, further expanding the scope of the resource. Significant intersections of `the Pod' include: 28m at .73% Ni Eq from surface including 5m at 1.8% Ni Eq from 5m, including 2m of Co at .1% from 4m; 42m at .76% Ni Eq from 2m including 19m at 1% Ni Eq from 6m; 22m at 1% Ni Eq from 4m including 9m at 1.4% Ni Eq from 8m; 28m at .7% Ni Eq from surface including 6m at 1.4% Ni Eq from 3m; 11m at .84% Ni Eq from 2m including 2m at 1.2% Ni Eq from 5m; 14m at 1.12% Ni Eq from 3m including 4m at 1.7% Ni Eq from 8m. Most intersections are shallow with little to no overburden. Deposit remains open in numerous directions. Ark is now planning drilling known extensions to `the Pod' as well as other target areas across the Gunnawarra leases. These very encouraging results, highlighted above, support AHK's stated objective to expand the scope of a previously-identified 2004 JORC historical mineral resource estimate (MRE) at Gunnawarra, and convert it to 2012 JORC status. The successful 45-hole drill program was carried out in an area known as `the Pod', where drilling in 2008 by Metallica Minerals Limited (ASX: MLM) reported an Inferred Resource of 280,000 tonnes at 0.73% nickel (Ni) and 0.05% Cobalt (Co). Ark believes the deposit is open to the North West and the South East with a follow up drill program being planned now. By utilising more modern drilling practices with a larger air rig, Ark anticipates significantly expanding the size of the resource with its maiden drilling program which intersected nickel-cobalt mineralisation at depths of up to 60 metres, around double the depth of the previous drilling program. The latest assay results give Ark a strong platform to execute on its development strategy at Gunnawarra, which borders the `Sconi' project operated by Australian Mines (ASX: AUZ) - one of Australia's most advanced cobalt-nickel-scandium projects. Assay results are in line with the timeline projects previously communicated to the market by the Ark management team.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Apr 08Ark Mines Limited Reports Nickel and Cobalt Mineralization Intersected in Gunnawarra LateritesArk Mines Ltd. reported it has intersected extensive Nickel and Cobalt mineralization in the targeted laterites with 1,430 metres of reverse circulation (`RC') drilling completed at the company's highly prospective Gunnawarra project. At the completion of first phase of drilling, Nickel and Cobalt mineralization has been intersected up to 60 metres in depth in the targeted laterites. Given the encouraging results, the drill program has been extended by at least another 400m to the west. As previously announced, the 1,500m RC drill program was targeting known mineralization in shallow laterites as well as other potential mineralization in some step out locations. The extensive nickel and cobalt mineralization intersected adds to the lateritic material encountered from the initial 500 metres of drilling.
공시 • Mar 30Ark Mines Limited Announces RC Drilling Commence At the Highly Prospective Nickel Cobalt TargetsArk Mines Ltd. announced RC drilling has commenced at the company's highly prospective nickel cobalt targets within the 36km2 Gunnawarra EPM in North Queensland. The program is targeting known Ni Co mineralization in shallow laterites as well as other potential mineralization in some step out locations. So far, 500 metres have been drilled and lateritic material has been encountered up to 40 metres deep in some locations.
공시 • Mar 04Ark Mines Limited Announces the Completion of A Successful Drone Magnetic Survey Undertaken At Its Gunnawarra Nickel-Cobalt Project in North QueenslandArk Mines Ltd. announced the completion of a successful drone magnetic survey undertaken at its Gunnawarra Nickel-Cobalt Project (EPM 26560) in North Queensland which has confirmed a strong correlation between the proven Nickel-Cobalt laterite mineralisation across the project and the magnetic highs identified through the survey. Gunnawarra has significant potential as a battery mineral exploration and development project in a proven Tier 1 jurisdiction for similar projects. It surrounds the Bell Creek resource, a component of the Sconi project owned by Australian Mines Limited, the most advanced Cobalt-Nickel-Scandium project in Australia. As previously reported, Ultramag Geophysics was engaged to undertake a high spatial resolution drone magnetic survey across Gunnawarra's 36km2 tenure. The Company used unmanned aerial vehicles which provides comparable resolution at 10x the speed and a quarter of the cost of traditional methods. The results from the survey were of excellent quality with high resolution data providing Ark with a clear and detailed aeromagnetic image of the project. The magnetic highs are shown to coincide exceedingly well with the Nickel-Cobalt laterite deposits at surface and in the underlying ultramafic geology. With definitive outlines of the Nickel-Cobalt mineralisation surface and under surface locations confirmed,. In addition, serpentinites and ultra-mafic basement rocks have given a strong signature which provides Ark with further exploration opportunities. The advancing exploration program Gunnawarra is part of Ark's plan to aggressively ramp up exploration activity across its tenements, which includes finalising drill targets at the Company's Mt Jesse Copper-Iron project. Drilling contracts are now being assessed before the Company advances a detailed drilling program. TARGETS; The gridded TMI image (Image 2) show a large magnetic high anomaly (A) trending north- south through the central portion of the survey outlined in yellow. This is the main structure identified in the survey.We are confident these tops are accurate to within a few metres; (A) has two main highs (B) and (C) to the north; All of these highs appear to be cross-cut by ENE to NE trending linearfeatures which add complexity to the interpretation and may offer further mineralisation potential, particularly at intersections of lineations and mag high edges;The other two important features in this area include the mag lows (D) which juxtaposethe main feature (A). These show up best in TMI but wash out in RTP; To the far northwest, there is another mag high structure on the northern side (G) as well as a mag low (G) on the southern side. This structure also offers a secondary target.
공시 • Feb 08Ark Mines Ltd Commences Magnetic Survey At Gunnawarra Nickel-Cobalt ProjectArk Mines Ltd. reported that it has commenced exploration activity at its Gunnawarra Nickel-Cobalt Project in North Queensland, Australia. Ultramag Geophysics is now onsite undertaking a detailed drone magnetic survey across Gunnawarra project's 36km2 tenure. Located ~40km south from Mount Garnet in far-north Queensland, the Gunnawarra Project boasts outstanding access to existing infrastructure including grid power, water and access to port facilities. The project surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited. Gunnawarra presents strong coincidental geophysics to Bell Creek, with outcrops that pervade the tenement from the Bell Creek Resource. Ultramag Geophysics gave been engaged to undertake a high spatial resolution drone magnetic survey at Gunnawarra utilising unmanned aerial vehicles. UAVs provide an advantage over traditional methods with the ability to consistently fly over hard to reach and hazardous areas as well as safely at low elevations. This eliminates the need for large crews, refuelling stations, and other potential risks associated with aircraft. Dronemag surveys provide comparable resolution to groundmag but with a much faster acquisition. Additional new small features can be mapped and used to inform the geological modelling. Dronemag is approximately 10 times faster than groundmag and can be undertaken at a fraction of the cost. Ultramag's survey work is expected to take approximately one week to complete, with a detailed report available later in February. The results of the survey will allow Ark to identify geological structures across the tenement including dykes, sills, and other intrusions, faults, magmatic flows and paleochannels. Being able to pinpoint the magnetic ultramafic host rock will be key to allowing the Company to refine drill targets more efficiently. Various drill targets have previously been defined at Gunnawarra and the results of this survey will confirm these drill locations and likely define others. A detailed drill program will be developed following the reception and interpretation of the survey results.
공시 • Jan 18Ark Mines Limited Reports the Commencement of Exploration Activity At Its Gunnawarra Nickel-Cobalt ProjectArk Mines Limited reported the commencement of exploration activity at its Gunnawarra Nickel-Cobalt Project (EPM 26560) with Ultramag Geophysics engaged to undertake a detailed drone Magnetic survey across the project in early February. Gunnawarra surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited and Gunnawarra has strong coincidental Geophysics and outcrops pervades the tenement from the Bell Creek Resource. It is expected the work will take around a week to complete, with a report available shortly after. The high-resolution magnetic surveys using UAVs (Dronemag) can rapidly identify geological structures such as dykes, sills, and other intrusions, faults, magmatic flows and paleochannels. Ultramag Dronemag provides very high spatial resolution. New small featurescan be mapped and used to inform the geological modelling. UAVs can fly over hard to reach and hazardous areas and can fly consistently and safely at low elevations. UAVs eliminate the need for large crews, refuelling stations, and risks associated with aircraft. Dronemag surveysprovide comparable resolution to groundmag but with a much faster acquisition. Dronemag is about 10 times faster than ground mag, and a fraction of the cost. A number of drill targets have previously been defined at Gunnawarra and the results of this survey will confirm these drill locations and likely define others. The Gunnawarra Nickel-Cobalt Project (EPM 26560) is located 40kms south from Mount Garnet in far-north Queensland, the project is close to existing infrastructure, including grid power, water and access to port facilities.
Board Change • Dec 29Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Company Secretary & Non-Executive Independent Director Ian Mitchell was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Dec 24Ark Mines Limited Announces Company Drilling Programs First Quarter 2022Ark Mines Limited announced Highly prospective Mount Jesse Iron rich magnetite skarn with copper mineralisation to be drilled early in the new year: First pass 1,000m relatively shallow angled holed RC drilling program to be undertaken, stepping out from the exposed knobs Drilling of the Gunnawarra Nickel project also planned immediately following completion of Mt Jesse program: 800m shallow vertical holed RC drilling planned Mt Jesse Iron Project (EPM 26464): located 25km west of Mt Garnet and 176km from Cairns far-north Queensland. Project is centered on an Iron rich magnetite skarn with copper which potentially is associated with porphyry style copper mineralisation within a granodiorite. The iron is exposed as low-lying outcrops knobs in three locations surrounding the quaternary cover. Gunnawarra Nickel-Cobalt Project (EPM 26560): located 40kms south from Mount Garnet in far-north Queensland, the project is close to existing infrastructure, including grid power, water and access to port facilities. EPM 26560 surrounds the Bell Creek resource, a component of the Sconi cobalt project owned by Australian Mines Limited. Strong coincidental Geophysics and outcrop pervades the tenement from the Bell Creek Resource. Ark plans to carry out follow-up soil sampling and undertake a shallow RC drilling program along strike of the Bell Creek resource, and on other targets within the license. A component of the drilling will focus on the basement rocks for potential sulphide mineralisation. Further to the drilling programs to be undertaken at Mt Jesse and Gunnawarra,the Ark technical team will be reviewing the Pluton Gold project with a view of determining targets to drill later in the season.
