Ares Strategic Mining Inc.

Ares Strategic Mining Inc. , has granted stock options to certain directors, officers, employees, and consultants of the Company to purchase up to 6,200,000 common shares in the capital of the Company pursuant to the Company's stock option plan. All the options are exercisable for a period of five years at an exercise price of $0.46 per share. All securities issued in connection with the Offering will be subject to a [...]

Ares Strategic Mining Inc. , is pleased to announce the Company has received additional cash proceeds of $936,650 from the exercise of 5,445,667 warrants priced at $0.15 to exercise, and 748,750 warrants priced at $0.16 to exercise. The final expiry date of the warrants as issued during the Company's February 2020 financing, is February 13th, 2022. The incoming finances will be used towards equipment purchases and plant [...]

Ares Strategic Mining Inc. is pleased to announce that the Ares geological team has completed a generative drill target program to provide the Company with multiple exploration targets for testing in the coming years. The program is the first phase of a multi-year development plan that will run concurrently with the anticipated mining operation, and which is designed to identify the sites for its subsequent operations [...]

Ares Strategic Mining Inc. is pleased to announce that the fabrication of its recently ordered steel has been completed and the Company has taken possession. The Company has now begun arranging to ship the steel to the United States, where it will be integrated with its recently shipped lumps plant in the Company's production construction project. The steel structure will provide a 3-storey structure, which will house the [...]

Ares Strategic Mining Inc. is pleased to announce that it has received all deliverables from a Laser Imaging, Detection and Ranging survey flown in October 2021 over its 100% owned Liard Fluorspar Project located in BrC. The Company has now received and processed all received data into 3D models of the property, which can be used for project planning, prospect targeting, and future construction modelling. Ares has [...]

Ares Strategic Mining Inc. is pleased to announce that the Company has acquired exclusive right and access to develop the Campbell-Croster project, an already large historically delineated fluorspar project in Kentucky. The Company has been examining fluorspar prospects throughout the United States to expand its long-term operation and production potential within the country. The Campbell-Croster Kentucky fluorspar [...]

Ares Strategic Mining Inc. is pleased to announce that the Company has arranged for the payment, in full of a royalty retained by the sellers of the Company's Lost Sheep property located in the Spor Mountain area, Utah, closed its non-brokered private placement for gross aggregate proceeds of approximately $666,852, and cancelled an aggregate of 6,200,000 stock options of the Company. Royalty Payment The Company announces [...]

The plant will be the first of its kind in North America. Once operational the plant will produce the only domestic supply of fluorspar in the US. Breakthrough technology with bench testing completed. Plant tests have demonstrated high grade and high recovery results. Plant optimization expertise supplied by international fluorspar producers. Product predominantly anticipated to fuel the steel industries. Large interest [...]

Ares Strategic Mining Inc. is pleased to announce that following detailed geological mapping work across the entire project area, claimed and additional unclaimed lands on Spor Mountain, the Company has proceeded to more than double its land holdings in the area at Spor Mountain. The Ares geological team has also successfully identified over 160 new drill targets within the new property outline which the Company plans to [...]

Ares Strategic Mining Inc. is pleased to announce successfully completing its steel infrastructure purchase, and the commencement of its fabrication in anticipation for construction. The 3-storey structure allows a multi-person crew to operate the processing system and provides the supporting build, around which the plant will be constructed. The Company intends to ship the steel structure with its lumps plant and begin [...]