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Ares Strategic Mining Successfully Locates Further Fluorspar Mineralization Zones within its Permitted Mine Area
(via TheNewswire) Vancouver, B.C. - TheNewswire - June 12 th , 2020 --...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Successfully Locates Further Fluorspar Mineralization Zones within its Permitted Mine Area(via TheNewswire)\n \n \nVancouver, B.C. - TheNewswire - June 12th, 2020 -- Ares Strategic Mining Ltd. (TSXV:ARS) (\"Ares\" or the \"Company\"), is pleased to announce that following the completion of its Phase 1 drill program on the Lost Sheep mine, the Company has located additional fluorspar mineralization within its permitted areas. \n\n \n \nAfter the completion of its Phase 1 drill program, the Company drilled an additional five exploratory holes for a total of 300m outside of the targeted area, aiming to locate extensions of the known fluorspar mineralized breccia pipes. The first two holes tested an exposed breccia pipe located 240m north of the Phase 1 drill site, which produced negative results, finding the breccia pipe siliceous rather than fluorspar rich. The subsequent three drill holes were aimed to test the continuity of the known fluorspar mineralization 115m north of the Phase 1 drill program: these drill holes all successfully intercepted fluorspar mineralization and breccias where visible fluorspar was observed in the RC drill cuttings. \n\n \n \nTwo drill holes tested a branch of a known fluorspar breccia pipe extending northwards, with a third drill hole intercepting both, one between 35 to 100ft, and the other from 30 to 70ft. Visible fluorspar was observed in sections of those breccias. Another drill hole was aimed in the opposite direction and encountered breccias with visible fluorspar mineralization from 20ft to a total depth of 90ft. \n\n \n \n\nClick Image To View Full Size\n\n \n \nPosition of the drill holes\n\n \n \n\nClick Image To View Full Size\n\n \n \nDue to travel and COVID-19 restrictions, all RC drill samples were described, photographed, and processed at the company warehouse in Delta (Utah), supervised by the company geologist, and adhering to all QA/QC chain of custody protocols. Samples have now been shipped to Vancouver, British Columbia, to be assayed at a certified lab. \n\n \n \nJames Walker, CEO of Ares, said, \"It was a tremendous result to locate further fluorspar mineralization outside of the known fluorspar areas, and to have the additional benefit of these targets falling within the areas permitted for mining. We are proceeding towards mine development work on the de...