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Ares Strategic Mining Inc. Announces Completion of Successful Delineation Drill Program at the Lost Sheep Mine
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About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Inc. Announces Completion of Successful Delineation Drill Program at the Lost Sheep Mine\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n - Video Presentation of Release Available at\n \n (\n \n \n \n Link To Video Presentation\n \n \n \n )\n \n \n \n \n \n \n \n - Ares doubles plant capacity and output plans based on large\nfluorspar mineralization discovery on its permitted mining area.\n \n \n - Following the successful preliminary delineation drill program,\nAres' accelerates its expansion program and completes 875 meters of\nreverse circulation drilling in 10 drill holes.\n \n \n - New discovery connects two large known mining sites and expands\npreliminary mining plan scope.\n \n \n - All drill holes have intersected fluorspar mineralization during the\ncurrent exploration program.\n \n \n - After the positive drilling discoveries, the Company will continue\nto delineate additional fluorspar deposits outside of the delineated\nfluorspar pipes, in highly prioritized targets.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n October 28\n \n th\n \n , 2020 -- Ares Strategic\nMining Inc. (\"Ares\" or the \"Company\") (TSXV: ARS)\n(OTC:ARSMF) (FRA: N8I1), is pleased to announce the completion of its\ndelineation drilling at the Lost Sheep Mine, successfully locating a\nlarge discovery of additional fluorspar within its permitted mining\narea, and expanding its primary mining operation for 2021.\n \n \n A total of 10 reverse circulation drill holes, covering approximately\n875m, have been drilled between the Company's two known large mining\npits. Fluorspar mineralization was consistent throughout the area,\nconnecting the Company's delineated primary mining target and a known\npipe within the permitted mining area. Drilling was directed under the\nshallower part of an historic mine, and large areas of fluorspar\nmineralization were located at depth, providing an additional 50\nmeters and 60 meters as indicated by the drill hole intersects (see\nFigures 2 and 3). These fluorspar pipes remain open at depth. Between\nthe Company's known mines, drillholes 18 and 26 show over 30 meters of\nfluorspar mineralization, open at both depth and above, likely\nextending the fluorspar all the way to surface, giving over 60m of\nhigh-grade fluorspar (see Figure. 4). The width o...