$DUCP The ARX site was previously owned by a varie
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$DUCP The ARX site was previously owned by a variety of companies via fragmented licenses and the site and area
has a history of intermittent working by small-scale mining and various private operators. Today, the site is
now owned exclusively by ARX with a secured and renewable license. The area has a strong history of
reserves and existing reserves are backed by extensive assays. Based on company test results management
has adopted a potential recovery per tonne of between 0.9 gpt to 1.8 gpt depending on production and
operational factors.
The size of the ARX opportunity is simply huge. If the 350,000,000 tons of material available for mining
for an estimated 20 year production life is processed and fully exploited, it could mean billions in cash
flow.