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Ares Strategic Mining completes Geophysics Survey at the Bell Hill Site and Discovers Large Anomalies Corresponding with Fluorspar Surface Showings
(TheNewswire) - Ares’ planned second mine site demonstrates large mi...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining completes Geophysics Survey at the Bell Hill Site and Discovers Large Anomalies Corresponding with Fluorspar Surface Showings\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n - Ares’ planned second mine site demonstrates large mineralized pipe\nshaped anomalies.\n \n \n - Geologically predicted fluorspar mineralized zones correspond to\nlarge IP anomalies.\n \n \n - IP anomalies clustered in between known fluorspar mineralization.\n \n \n - Confirmed fluorspar mineralization at the surface of the discovered\nIP anomalies.\n \n \n - Potential fluorspar mineralization sited on area already permitted\nfor mining.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n May 10\n \n th\n \n , 2021 — Ares Strategic\nMining Inc. (“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF)\n(FRA:N8I1), is pleased to announce 8,000m of geophysical IP surveys\nwere conducted on the Bell Hill historic mine area, correlating\ngeophysical anomalies with both known fluorspar mineralization, and\nidentifying new anomalies with similar geophysical signatures to known\nexisting fluorspar pipes.\n \n \n The IP survey on the permitted mining area consisted of 10 lines, each\nof them 800m long, with dipoles located 25m apart (See Figure 1). The\nlines were designed to run over known fluorspar zones to identify and\ndefine their geophysical signatures, which could then be used to\nidentify new potential targets immediately below surface. Seven\nparallel lines spaced about 50m between each other were planned on\nhistorically known mineralized zones. Some of these zones show\nfluorspar mineralization at surface and had not been previously mined.\nThe IP survey was designed to test for geophysical signatures\nimmediately below these zones to test for continuity, and also\ncorrelating other anomalous zones with potential blind targets. Three\northogonal lines were also planned as tie lines for structure and\nstratigraphic correlation.\n \n \n James Walker, President and CEO stated: “These anomaly discoveries\nare the largest ever obtained across the entire Spor Mountain area.\nThe combination of clustered anomalies, the size of the anomalies, how\nthey combine with fluorspar showings at surface, and their correlation\nwith geologically predicted fluorspar mineralization, all evidence a\npotenti...