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Ares Strategic Mining Announces the Successful Completion of its Drill Program:
(via TheNewswire) - Ares successfully maps the boundaries, location, si...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Announces the Successful Completion of its Drill Program:(via TheNewswire)\n \n \n- Ares successfully maps the boundaries, location, size, and orientation of a fluorspar pipe (Giant Little Pit) within its fully permitted mining site in Utah. \n\n\n \n- Approximate surface dimensions of 60m by 30m, and tested to just 80m, with further pipe remaining open at depth. \n\n\n \n- Results are being used in combination with LiDAR for mine design and operational planning \n\n \n \nVancouver, B.C. - TheNewswire - June 2nd, 2020 -- Ares Strategic Mining Ltd. (TSXV:ARS) (\"Ares\" or the \"Company\") is pleased to announce the completion of its phase 1 drill program consisting of a delineation drill program at the Lost Sheep Mine. The Company has successfully mapped the location, size and orientation of one of the fluorspar pipes located on the property. Drilling focused on the Little Giant Pit within its fully permitted site. The pipe has an approximate surface projected dimensions of 60 meters by 30 meters and was tested to a depth of just 80 meters, where it remains open for potential extension. Results of the 12-hole (900 meters) drill program successfully delineated the fluorspar's pipe boundaries and will facilitate the Company's mine planning efforts.\n\n \n \nThe drill results are being used in combination with LiDAR for mine design and operational planning to inform the mining operation scheduled for later this year. Samples are scheduled to be sent to a certified assay lab and results will be expected to be received by the company in the within a months' time. \n\n \n \nJames Walker, CEO of Ares, said, \"We are incredibly grateful to our staff and contractors who have worked to navigate all the logistical challenges and restrictions of the recent months. The Company has continued working without cessation to complete its drill program and remain on target to begin mining this year. With the acquired drilling data, the Company is preparing its production plans in combination with the processing work currently underway, to produce acidspar grade fluorspar for American industry, which is currently 100% imported from outside the US. We strongly believe in this project and its success and completing the drilling despite the obstacles has helped to significantly advance our ambitions.\"\n\n\n \nDisclosure: Companies...