Ark Mines Ltd · ASX:AHK
Ark Mines — Non-Deal Roadshow (August 2025)
16 slides from Ark Mines's roadshow presentation, Aug 27, 2025
Slide 1: Australian Rare Earths on the fast track to production
The ONLY Inland Surface Expressed Australian Rare Earths on Placer Deposit (in sands) to host rare earths on the ASX the fast track to production ‘Nature has already done our crushing and grinding’ Simple metallurgy; gravity and magnetic in- situ processing, no NON-DEAL INVESTOR PRESENTATION water,
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation has been provided by Ark Mines Ltd (Company) and other sources identified herein. The information contained in this presentation is for informational purposes only and is not a recommendation as to whether to invest in the Company’s shares. T
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT AHK AN EXPERIENCED TEAM ASX Code Roger Jackson Benjamin Emery Ian Mitchell Executive Chairman Executive Director Non-Executive Director 66m Geologist with 25+ years in Metals marketing, metals 30+ years in Legal Shares on Issue 30+ years in and Corporate in the exploration, tradin
Slide 4: Sandy Mitchell: Australia's Next Large-Scale Rare Earths Project
SANDY MITCHELL: AUSTRALIA’S NEXT LARGE-SCALE RARE EARTHS PROJECT Favourable location in North Queensland MULTIPLE INVESTMENT ATTRACTIONS AND VALUE DRIVERS 4.5% Major resource Advantages Huge Multiple near- with scale and Government over clay-based Low capex Leveraged to exploration term value commer
Slide 5: $4.5M Investment by the Queensland Investment Corporation (QIC)
$4.5M INVESTMENT BY THE QUEENSLAND INVESTMENT CORPORATION (QIC) Under Queensland’s growing status as a leading resources jurisdiction • $4.5m investment by the Queensland Investment Corporation (QIC) to support development at Sandy Mitchell • Comprises $4m in up-front funding tied to royalties based
Slide 6: REEs Hosted in Mineral Sands Deliver Major Processing Advantages
REE’s HOSTED IN MINERAL SANDS DELIVER MAJOR PROCESSING ADVANTAGES PLACER DEPOSITS HAVE DISTINCT GRADE ADVANTAGES AS NATURE HAS ALREADY DONE THE CRUSHING & GRINDING Placer Deposit (Sandy Mitchell) Ionic Clay Deposits Hard-Rock Deposits CAPEX Capex lite and using low-cost skid-mounted gravity Reasonab
Slide 7: Robust Stage 1 Measured Mineral Resource Estimate
ROBUST STAGE 1 MEASURED MINERAL RESOURCE ESTIMATE POTENTIAL FOR SIGNIFICANT RESOURCE EXPANSION Measured Mineral Resource Estimate (MRE) of 71.8 Mt @ 1,732.7 ppm Monazite Equivalent calculated using a 700ppm MzEq lower cut-off grade Resource includes a basket of high value Heavy Minerals (HM), compri
Slide 8: Exploration Target Confirms World-Class Placer REE Deposit
EXPLORATION TARGET CONFIRMS WORLD-CLASS PLACER REE DEPOSIT REE deposit in a sand pit¹ 1.3 BILLION TONS TO 1.5 BILLION TONS @ 1,286 TO 1,903 PPM MONAZITE EQUIVALENT¹ Exploration Target Area Map (refer image to the right): • The JORC Exploration Target is highlighted in yellow • Red square represents
Slide 9: Sandy Mitchell Sits on a Single Land Holding
SANDY MITCHELL SITS ON A SINGLE LAND HOLDING • 100%-owned EPM 28013 covering ~90km2 • 105 km northwest of Chillagoe and 203 km west northwest of Cairns, on Mount Mulgrave Station • Comprises 49 sub-blocks with permit name. Only one landowner Investor Presentation | ASX: AHK OTCQB: AHKMF www.arkmines
Slide 10: Phase 1 Gravity Beneficiation Delivers Excellent Concentrate + Recoveries
PHASE 1 GRAVITY BENEFICIATION DELIVERS EXCELLENT CONCENTRATE + RECOVERIES CONCENTRATE ASSAYS RETURNED 52% TREO AND RECOVERIES OF ~72% (EST.) • First pass un-optimised beneficiation test work of Sandy Mitchell’s REE sands produced a high-grade rare earth concentrate • 50% waste rejection by screening
Slide 11: Metallurgical Improvements Underway
METALLURGICAL IMPROVEMENTS UNDERWAY ADVANCED METALLURGY WORK EXPECTED TO FURTHER STRENGTHEN COMMERCIAL DEVELOPMENT STRATEGY • Specialist consultants IHC Mining have commenced a detailed metallurgical testing program to improve both the beneficiation and mineral separation process for rare earths and
Slide 12: Continuous Rehabilitation and Production of a High Value Concentrate
CONTINUOUS REHABILITATION AND PRODUCTION OF A HIGH VALUE CONCENTRATE LOW IMPACT MINING LOW ENVIRONMENTAL IMPACT • No Drill and Blast • No Chemicals • No overburden • No Salts and Acids Wet Spiral • No clay to deal with • Simple digging beneficiation • Only 12m deep • In situ processing with gravity
Slide 13: Scoping Study Outcomes
SCOPING STUDY OUTCOMES ‘Base Case’ to confirm project is commercial with significant potential upside Highlights • Completed December 2024; Potential for a large source of Australian zircon and a monazite and xenotime REMC (Rare Earth Mineral Concentrate) • ‘Base Case’ report which confirmed commerc
Slide 14: Estimated Development Timeline
ESTIMATED DEVELOPMENT TIMELINE Subject to third-party completion dates 2025 2026 2027 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Stage-3 infill drill program Metallurgy – Stage 1 & 2 All metallurgical improvements Measured resource upgrade Receipt of Mining License Updated Scoping Study Pre-Feasibility Study Equ
Slide 15: Drilling at Sandy Mitchell
DRILLING AT SANDY MITCHELL Investor Presentation | ASX: AHK OTCQB: AHKMF www.arkmines.com | Page 15
Slide 16: Management Details and Investor Information
Management Details Investor Information Ben Emery Sam Jacobs Managing Director and CEO Six Degrees Investor Relations ben@franklinexchange.com sam.jacobs@sdir.com.au Roger Jackson Executive Chairman roger@rjgroup.com.au