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Ares Strategic Mining Inc. Announces the Acquisition of 28 New Claims Showing Fluorspar Mineralization, and the Consolidation of the Spor Mountain Fluorspar District
(TheNewswire) - Ares identifies many additional non-mined f...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Inc. Announces the Acquisition of 28 New Claims Showing Fluorspar Mineralization, and the Consolidation of the Spor Mountain Fluorspar District\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 - Ares identifies many additional non-mined fluorspar bearing breccia\npipes after following regional ground exploration work which confirmed\nfluorspar mineralization exposed at surface.\n \n \n - Ares consolidates the Fluorspar District by adding the Blue Queen\nand the Lost Soul prospects.\n \n \n - 28 new claims had been added to the Company's operation, amassing a\ntotal of 108 claims covering the entire length and breadth of the Spor\nMountain range, and exceeding an area of over 2,000 acres (10 x 5km\napprox.), with consistent fluorspar mineralization being demonstrated\nthroughout the area.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n October 20\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 Company has located\nand acquired additional mining prospects demonstrating fluorspar\nmineralization, and consolidating the Spor Mountain Fluorspar\nDistrict.\n \n \n James Walker, President and CEO stated: \"This development further\nincreases the potential of Ares' operation for both the short-term and\nlong-term. Using a combination of aerial mapping and geotechnical\nanalyses, our staff determined how the fluorspar pipes were formed\nthroughout the Spor Mountain District, and identified the likely\nlocations of the fluorspar pipes according to the known geological\nmechanics of the area. The veracity of these predictions were verified\nby visual inspection of the identified locations, where dozens of new\nfluorspar showings were demonstrated at surface. This work deserves\nspecial acknowledgment for its ingenuity and accuracy, and for further\nenlarging the Company's potential and future mining options. The\nCompany has made enormous advances during 2020, and this development\ngrants Ares even greater potential capacity as the U.S' only permitted\nand producing fluorspar mining operation.\"\n \n \n Detailed analysis of the Lidar orthofoto, combined with the\nhigh-resolution Digital Elevation Model (DEM), revealed distinct\nfeatures typical of intrussive breccias through the ...