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Ares Strategic Mining Mine Installations Reach the Targeted Mining Depth Required to Extract Fluorspar
(TheNewswire) Ares begins preparations to install a ventilation system to allow for min...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Mine Installations Reach the Targeted Mining Depth Required to Extract Fluorspar\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\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Ares begins preparations to install a ventilation\nsystem to allow for mining activities to commence.\n \n\n\n\n\n\n The mined product will provide feed for the lumps plant\ncurrently under construction at Ares’ processing site.\n \n\n\n\n\n\n The completion of the mine installations is planned to\ncoincide with the completion of the lump’s construction and provide\nfirst revenue for Ares.\n \n\n\n\n\n\n Vancouver, B.C., August 13\n \n\n th\n \n\n , 2024 —\n \n\n TheNewswire –\n \n\n Ares\nStrategic Mining Inc. (“Ares” or the “Company”) (CSE: ARS)\n(OTC:ARSMF) (FRA: N8I1), is pleased to announce the Company’s\nmineworks installations have reached the depths required from the mine\nplan to begin extracting the fluorspar mineralization, bringing the\nCompany closer to its first mining activities at an industrial scale\nfor the first time at the Spor Mountain district.\n \n\n\n\n The Company has completely revamped and prepared its\nmine sits, with site clearances, MSHA inspections, purchased heavy\nindustrial equipment and worker facilities constructed at the Lost\nSheep mine area. Ares is working with Provo Mining to ensure that the\noperation of the mine and the processing of fluorspar is set to start\nlater this year, with mining permits and authorizations already\ncompleted. Ares plans to bring to market a responsibly extracted\nhigh-purity fluorspar, to supply the steel, chemical, and EV sectors\nwith a domestic and sustainable product.\n \n\n\n\n\n\n\n\n\n The Portal and\nRamp Installations can now accommodate heavy machinery all the way to\nthe extraction depths.\n \n\n\n\n Ares is undertaking simultaneous activity across its\nmine site and processing site to expedite the Utah operation’s\ndevelopment. In addition to the mine preparation, the Company is\ncurrently constructing its lumps plant at its 50-acre industrial site.\nThe Company also recently paid in full for a new flotation plant\ncapable able of delivering the highest-grade fluorspar products needed\nby industry, enabling the Company to have multiple product lines; that\nplant will be delivered to...