Ares Strategic Mining Inc.

Ares Strategic Mining is pleased to announce the Company has detected germanium and gallium in its fluorspar, following assaying conducted by SGS. Both minerals play a crucial role in developing and sustaining the tech industry. China was the principal source of the United States' germanium and gallium, but both minerals have now been restricted from export. Ares located germanium and gallium in its fluorspar located at [...]

Ares Strategic Mining is pleased to announce the Company has completed its fabrication of its new conveyor belt system for its plant and planned fluorspar manufacturing operation. The belts form part of the mechanisms connecting the various processing stages of the metallurgical lumps plant, a system dedicated to producing specific high quality metspar grade products, in industry preferred form. Click Image To View Full [...]

Ares Strategic Mining is pleased to announce that the Company has completed the tailings storage facility design work for its upcoming manufacturing and processing fluorspar operation in Delta, Utah, United States. Knight Piésold and Co. was retained by Ares to provide engineering services for the TSF design and provide support for the permitting process. The new TSF will be located on Ares' 48-acre property and [...]

Ares Strategic Mining is a fluorspar mining company focused on developing North American fluorspar properties into manufacturing operations. Ares is a well-supported company focusing on the exploration, production, and supply of metallurgical and acidspar grades of fluorspar for the steel and aluminum industries, chemical industries, and lithium-ion batteries. Fluorspar has been deemed a critical mineral by the United [...]

Ares Strategic Mining Inc. The Utah Economic Council reported in their 2023 Economic Report to the Utah Governor, that "Utah is poised to become the nation's only fluorspar producer as Ares Strategic Mining revives the Lost Sheep mine, Utah's largest historical producer of fluorspar." James Walker, President and CEO of the Company said, "Ares has received significant government backing because of the strategic importance [...]

Ares Strategic Mining is very pleased to announce it has completed development and construction work on its Millard County rail spur, opening up the United States and North America for delivery of the Company's future industrial products. Ares has completed structural design, mechanical design, electrical design, stormwater lift station design, loading/unloading facility design, and design of spill containment. The track [...]

Ares Strategic Mining is pleased to announce that it has fully completed the purchased, and received title, of a 48-acre, industrially zoned manufacturing site for its upcoming fluorspar processing operation. The Property is located in Delta, Utah, the closest city to the Company's Spor Mountain fluorspar project. The Property is already fitted with utilities, and possesses its own water wells, reducing reliance on local [...]

Ares Strategic Mining possessing the only permitted fluorspar mine in the United States, is pleased to announce it has closed a loan of $4,420,000 USD from the U.S. Department of Agriculture under its Business and Industry Guaranteed Loan Program. The B&I program is deployed by the Federal Government to promote rural development and higher paying wages. The Company arranged this non-dilutive financing to exclusively [...]

Ares Strategic Mining is pleased to announce its partnership with Set2Close to build out a sales development plan to accompany the Company's anticipated Utah expansion plans. Ares and Set2Close will work together to realize and achieve Ares' goals, and ensure it has the resources necessary to fluidly upscale. As part of the transaction the Company will issue 200,000 common shares at a deemed price of $0.15 per share for a [...]

Ares Strategic Mining is pleased to announce that, further to its news release dated Nov 22, 2022, it has closed the second tranche of a non-brokered private placement offering of secured convertible debentures of the Company for aggregate proceeds of $45,980.00. The proceeds will be used by the Company to advance its expansion plans and develop its projects. The principal sum of the Debentures totals $83,600 , and will [...]