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Ares Strategic Mining Inc. Announces 1,500m Follow-up RC Drill Program After Confirming Presence of Additional Fluorite Bearing Pipes on its Permitted Area
(via TheNewswire) - Ares identifies more fluorspar targets on its pe...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Inc. Announces 1,500m Follow-up RC Drill Program After Confirming Presence of Additional Fluorite Bearing Pipes on its Permitted Area(via TheNewswire)\n \n \n\n\n- Ares identifies more fluorspar targets on its permitted area. \n\n\n\n- Company will seek to delineate additional fluorspar mineralization for mining operations.\n\n\n\n- Company will launch new drill program Wednesday 9th September for up to 1,500m of RC drilling consisting of between 10-15 drill holes. \n\n\n\n \n \nVancouver, B.C. - TheNewswire - September 9th, 2020 -- Ares Strategic Mining Inc. (\"Ares\" or the \"Company\") (TSXV:ARS) (OTC:ARSMF) (FRA: N8I1), is pleased to announce an immediate follow-up drill program after confirming high-grade fluorspar mineralization on its Lost Sheep fluorspar mine. \n\n \n \nAres will again employ More Core Diamond Drilling Services Ltd., to conduct RC drilling for to test for additional fluorspar mineralization within the Lost Sheep fluorspar mine area in Utah to assist planning for possible mining in the future. The Company will drill two or three holes (200 to 300m of drilling) between the old Purple Pit and the recently delineated LGP target to test for possible continuity of fluorspar mineralization and/or depth extension. Personal communications with individuals that worked the underground Purple Pit mine indicates that there is still mineralisation trending towards the LGP pipe at the 250 foot level and below the 325 foot level. These areas will be tested during Phase 2 of drilling. \n\n \n \nThe Company will also test a series of very prospective targets immediately adjacent to the current operation (250 and 350 meters away) and within the permitted area, based on a conceptual model that links fluorite bearing breccia pipes with exposed fluorspar at surface. A minimum of 5 holes (500 to 700m) will be drilled in this target zone and if successful, will begin to delineate additional fluorspar mineralization readily accessible from surface. \n\n \n \nJames Walker, President and CEO of the Company said, \"The high grade results from the last drill program, and the confirmation that other possible high-grade areas exist within our permitted mine area and extensive exploration land package, has encouraged the Company to move forward its timelines. Ares is currently considering expanding the proposed pr...