Ares Strategic Mining Inc.

Ares Strategic Mining Inc. is pleased to announce the Company’s metallurgists and process engineers have greatly improved both grades and recoveries during on-going metallurgical work. The Company has been continuously refining its flotation and upgrading processes, and its flotation expertise ever since achieving its desired product of acidspar. Acidspar is a 97% CaF2 product which comprises almost 70% of the fluorspar [...]

Ares Strategic Mining Inc. is pleased to announce the Company has commenced preliminary planning for its second proposed mine site on its consolidated Spor Mountain fluorspar claims area. The Company has identified the historic Bell Hill mine area as the most suitable site for an advanced mining operation, which is anticipated to operate concurrently with the Lost Sheep mine. The Bell Hill mine area exhibits several [...]

Ares Strategic Mining Inc. is pleased to announce the Company has received technology commitments which will enable Ares to manufacture a fluorspar product not previously anticipated at its Utah mining operation. Ares’ manufacturing partner, the Mujim Group, has developed a new technology able to produce fluorspar lumps from material that was previously unsuitable for their manufacture. The lumps product is ideal for use [...]

Ares Strategic Mining Inc. is pleased to announce the Company has completed its engineering design work on the upcoming processing facility to be installed at the mining operation in 2021. The Company has completed the full Process Design Criteria, and has assembled a proposal for equipment manufacturers, which includes flow-sheets. The full plant will take raw ore and produce an acidspar grade product, which is used in [...]

Ares Strategic Mining Inc. is pleased to announce the full completion of its fluorspar surveying work, identifying the most prospective mining areas across its 2,100 acre Spor Mountain operation areas. James Walker, President and CEO of the Company said, "This is an important stage towards completing our mine plan and providing investors with a huge confidence of the potential and abundance of high-grade fluorspar in our [...]

Ares Strategic Mining Inc. is pleased to announce that the Company has signed a US$10MM equipment leasing arrangement with Sertant Capital, LLC. Ares intends to execute a 36-month leasing arrangement, during which the Company will purchase its flotation plant, heavy machinery and vehicles, crushing circuit, and bagging facility. The leasing arrangement will finance 90% of all equipment costs, with the Company being [...]

Ares Strategic Mining Inc. is pleased to announce the completion of its delineation drilling at the Lost Sheep Mine, successfully locating a large discovery of additional fluorspar within its permitted mining area, and expanding its primary mining operation for 2021. A total of 10 reverse circulation drill holes, covering approximately 875m, have been drilled between the Company's two known large mining pits. Fluorspar [...]

Ares Strategic Mining Inc. is pleased to announce the Company has located and acquired additional mining prospects demonstrating fluorspar mineralization, and consolidating the Spor Mountain Fluorspar District. James Walker, President and CEO stated: "This development further increases the potential of Ares' operation for both the short-term and long-term. Using a combination of aerial mapping and geotechnical analy...

Ares Strategic Mining is pleased to announce several major advances towards its planned mining operation, including approval to commence mining operations, an approved environmental permit, additional land for stockpiling mined product, and local government support for construction work and facility upgrades. Following several successful meetings last week with local government and regulators, the Company has successfully [...]

Ares Strategic Mining Inc. is pleased to announce the discovery of new and additional fluorspar mineralization between its the Little Giant Pit mining site, and an historic mining site called the Purple Pit, all falling within its permitted mining area . Ares has accelerated its RC drilling exploration program, expanding the known LGP target after a successful first round of delineation drilling. The Company has also [...]