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Ares Strategic Mining Reports Large Geophysics Anomalies at its Lost Sheep mine Indicating Potential Additional Fluorspar Mineralized Zones
(TheNewswire) - IP anomalies clustered in between known flu...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Reports Large Geophysics Anomalies at its Lost Sheep mine Indicating Potential Additional Fluorspar Mineralized Zones\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 - IP anomalies clustered in between known fluorspar mineralization.\n \n \n - Confirmed fluorspar mineralization at the surface of the discovered\nIP anomalies.\n \n \n - Potential fluorspar mineralization sited on area already permitted\nfor mining.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n April 12\n \n th\n \n , 2021 — Ares Strategic\nMining Inc. (“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF)\n(FRA:N8I1), is pleased to announce, that following modelling work\nusing recent drilling and assaying data, geophysical IP surveys were\nconducted around the permitted mine area, correlating  geophysical\nanomalies with both known fluorspar mineralization and identifying new\nanomalies with similar geophysical signatures as known existing\nfluorspar pipes.\n \n \n The IP survey on the permitted mining area consisted of 6 lines, each\nof them 800m long, with dipoles located 25m apart (See Figure 1). The\nlines were designed to run over known fluorspar locations to identify\nand define their geophysical signatures, which could then be used to\nidentify new potential targets. Parallel lines were planned away from\nthose to test for potential blind targets. Two orthogonal lines were\nalso planned as tie lines for structure and stratigraphic correlation.\n \n \n James Walker, President and CEO stated: “Discovering these\nadditional breccia pipes so close to the existing mining targets,\ngives our planned initial mining operation a huge increase in\npotential. The identified anomalous zones are close enough to the\nplanned mining operation to be incorporated into the preliminary mine\nplan, allowing for a single adit with many branches which are capable\nof being mined concurrently. Additionally, we have now identified a\nmethodology we can apply throughout the entire Spor mountain range to\nidentify new targets for drilling and future operations. The\nnon-contiguous, non-metallic, sub-surface fluorspar mineralization,\nhave remained undiscoverable throughout the Spor Mountain’s century\nof operation.  Ares now has the means to consistently ident...