Ark Mines gets greenlight for Northern Territory gold mine

Ark Mines has obtained approval from the Northern Territory government to begin mining activity at its Frances Creek Golden Honcho project.

The miner is now looking to appoint a contractor before the end of the month, and has slated the commencement of drilling for the first half of next month, or soon after.

Ark is also planning to extend and further define Frances Creek Golden Honcho's current strike size and deposit, "with the view of defining a high-grade shallow oxide gold deposit".

Once the drilling program is complete Ark intends to carry out a second phase of drilling in order to define a JORC resource at both the Golden Honcho and Golden Slips deposits.

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