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Ares Strategic Mining Inc. Completes Fluorspar Mining Inventory, Identifying Over 30 Mining Prospects

(TheNewswire) - Ares identifies over 30 mining prospects, f...

articleAres Strategic Mining IncNovember 12, 20203/company/ares-strategic-mining-inc/news/ares-strategic-mining-inc-completes-fluorspar-mining-inventory-identifying-over-30-mining-prospects
Ares Strategic Mining Inc. Completes Fluorspar Mining Inventory, Identifying Over 30 Mining Prospects

About this update from Ares Strategic Mining Inc

[{"type":"text","content":"Ares Strategic Mining Inc. Completes Fluorspar Mining Inventory, Identifying Over 30 Mining Prospects\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 over 30 mining prospects, for the purposes of\nshort-term and long-term mine and operational planning, over the\ncoming years.\n \n \n - New mining targets were predicted using geological models and then\nvisually confirmed, will help identify even more fluorspar prospects\nover the coming years.\n \n \n - The recent land acquisition resulted in the control of the majority\nof past producers, prospects, and newly identified targets.\n \n \n - Our current large database offers Ares the opportunity to select\noptimum successive mining locations to maximize the efficiency of the\nfuture operation.\n \n \n - Work comprises major component of the Company's mine plan, and one\nof the final pieces before planning is completed and construction can\nbegin.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n November 12\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 full completion of\nits fluorspar surveying work, identifying the most prospective mining\nareas across its 2,100 acre Spor Mountain operation areas.\n \n \n \n James Walker, President and CEO of the Company said,\n\"This is an important stage towards completing our mine plan and\nproviding investors with a huge confidence of the potential and\nabundance of high-grade fluorspar in our area. Compiling this database\nof prospects also provides Ares with enormous insight into the scale\nof our project and the long-term operations we can expect from\nsomething this size. If these identified pipes are half the average\nvolume of historic pipes, we would be operating for decades before\nexhausting only these mining prospects. These identified prospects\nwill also be complimented by future exploration work to locate the\nrest of the fluorspar pipes which were severed by tectonic shifts from\nthese identified targets. A special thank you to our geologist Raul\nSanabria for all his hard work compiling all these prospects from data\nand geotechnical analysis.\"\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n Fig. 1 Historic Fluorspar (and Berylium) Past Producers an...

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