Ares Strategic Mining Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled [...]
Ares Strategic Mining Inc. is pleased to announce the commencement of construction work at the Company's Industrial Site in Delta, Utah. The site will host the Company's lumps plant, designed to produce metallurgical lumps by concentrating and solidifying the friable raw fluorspar into industry friendly briquettes, which are used predominantly in the steel industry to reduce manufacturing costs and produce stronger [...]
Ares Strategic Mining Inc. , announced today that its board of directors have approved the granting, under its Share Option Plan, incentive stock options to certain directors, officers and consultants of the Company to purchase an aggregate of 5,450,000 common shares exercisable for a period of up to two years from the date of grant at a price of $0.62 per share. This grant is subject to acceptance for filing by the TSX [...]
Ares Strategic Mining Inc. is pleased to announce 8,000m of geophysical IP surveys were conducted on the Bell Hill historic mine area, correlating geophysical anomalies with both known fluorspar mineralization, and identifying new anomalies with similar geophysical signatures to known existing fluorspar pipes. The IP survey on the permitted mining.
Ares Strategic Mining Inc. is pleased to announce, that following modelling work using recent drilling and assaying data, geophysical IP surveys were conducted around the permitted mine area, correlating geophysical anomalies with both known fluorspar mineralization and identifying new anomalies with similar geophysical signatures as known existing fluorspar pipes. The IP survey on the permitted mining area consisted of 6 [...]
Ares Strategic Mining Inc. is pleased to announce, it has contracted KLM Geoscience geophysics team to conduct fluorspar pipe resistivity/chargeability geophysics program on potentially fluorspar rich areas, where fluorspar pipe surface mineralization is and not visible, for the purposes of identifying potential fluorspar pipe resources. KLM Geoscience will conduct an Induced Polarization/Resistivity pole-dipole [...]
Ares Strategic Mining Inc. is pleased to announce, the Company has completed its conceptual mine and operating plan, incorporating: mining and processing engineering, logistics, metallurgy, plant designs, site layouts, labor and contractor considerations, haulage, reclamation, CAPEX AND OPEX, permitting, mining techniques, drilling and geophysics, production expansion plans, financial projections, market analysis [...]
Ares Strategic Mining Inc. is pleased to announce, that following major advances by the Company, its common shares are now trading on the OTCQX Best Market under the ticker symbol of ARSMF. Ares Strategic Mining begins trading today on OTCQX under the symbol "ARSMF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. The OTCQX Market is designed for [...]
OTC Markets Group Inc. , operator of financial markets for 11,000 U.S. and global securities, today announced Ares Strategic Mining Inc. , a Vancouver, Canada based mining company, has qualified to trade on the OTCQX® Best Market. Ares Strategic Mining upgraded to OTCQX from the OTCQB® Venture Market. Ares Strategic Mining begins trading today on OTCQX under the symbol "ARSMF." U.S. investors can find current financial [...]
Ares Strategic Mining Inc. is pleased to announce, that the Company has completed a full acquisition of a processing plant from the Mujim Group, capable of manufacturing high-grade fluorspar lumps for industry. The fluorspar lumps plant will be the first production line in Ares' expanded fluorspar mining operation. Ares' manufacturing partner, the Mujim Group, has developed a new technology able to produce fluorspar lumps [...]
Ares Strategic Mining Inc. is pleased to announce, that the Company has completed the industrial site design work ahead its planned fluorspar processing operation later this year. The Ares fluorspar processing facility is anticipated to produce predominantly acidspar but will have the capability to produce high-grade metspar when required. The processing facility will accompany the Ares fluorspar metallurgical lump plant [...]
Ares Strategic Mining Inc. is pleased to announce, that following modelling work using recent drilling and assaying data, the discovery of high-grade industry ready metspar quality fluorspar, already vetted by industry, and suitable for applications such as a flux in the manufacture of steel. The Purple Pit had been mined to a depth of 20 m through artisanal means, and the excavated fluorspar was sold directly to [...]