ELR 116 Mount Porter Annual Report for period ending 11 September 2015

Abstract

To date, Arks activities in the Mount Porter region have been directed at preparing for the commercial exploitation of the Mount Porter gold resource. Ark has been focusing on the Mt Porter resource. Ark has undertaken revised metallurgical test work, optimization work on Mt Porter. This work has led Ark to decide on Mining the Mt Porter Gold Pit. Ark has negotiated an agreement to treat the ore at the local Gold plant at Pine Creek owned and Operated by Newmarket Gold (formerly Crocodile Gold) Ark has commenced a Mining Management Plan for Mt Porter and anticipates commencement of Mining upon completion of the MMP.