Ares begins preparations to install a ventilation system to allow for mining activities to commence. The mined product will provide feed for the lumps plant currently under construction at Ares' processing site. The completion of the mine installations is planned to coincide with the completion of the lump's construction and provide first revenue [...]
Vancouver, June 18, 2024 - Ares Strategic Mining Inc. wishes to announce that, further to its news release dated May 10, 2024, it has filed an amended and restated offering document in connection with its previously announced non-brokered private placement offering of a minimum of 5,555,555 units and a maximum of 22,222,222 units of the Company at [...]
Ramp closes on fluorspar mineralization zones. The ramp installation clears clay deposits, June 10th, 2024 - Ares Strategic Mining Inc. , is pleased to announce the Company has accelerated its mineworks installations, bringing the Company closer to its first mining activities at an industrial scale for the first time at the Spor Mountain district [...]
Ares Strategic Mining Inc. is pleased to announce that it has closed the second tranche of its previously announced offering of units by issuing 5,537,277 Units at a price of $0.18 per Unit, for aggregate gross proceeds of $996,709.86. On May 10, 2024, the Company announced a non-brokered private placement offering of a minimum of 5,555,555 Units [...]
Ares Strategic Mining Inc. is pleased to announce that, further to its news release dated May 10, 2024 which announced a non-brokered private placement offering of a minimum of 5,555,555 units of the Company and a maximum of 22,222,222 Units at a price of $0.18 per Unit pursuant to the listed issuer financing exemption for gross proceeds of a [...]
Ares Strategic Mining Inc. is pleased to announce a non-brokered private placement offering consisting of a minimum of 5,555,555 units of the Company and a maximum of 22,222,222 Units at a price of $0.18 per Unit for gross proceeds of a minimum of $1,000,000 and a maximum of $4,000,000 . Each Unit shall consist of one common share in the capital of [...]
Ares Strategic Mining announced the signing of an MOU between Cremer Erzkontor Inc. and the Company. Under the MOU, the two firms will negotiate binding definitive agreements for the following: Cremer Erzkontor will become ARES's agent for the sale and worldwide distribution of Fluorspar produced at the Company's Lost Sheep Mine in Utah. Under a [...]
Ares Strategic Mining is pleased to announce the completion the mine planning phase and commencement of its mine construction. The Company has started ramp installation work to intersect fluorspar mineralization and provide feed for the plant currently under construction in Delta. The ongoing diamond drilling program has assisted technical staff to [...]
Ares Strategic Mining is pleased to announce the discovery of new and additional fluorspar mineralization at the Lost Sheep permitted mining site located at its Spor Mountain fluorspar project. Ares is currently undertaking core diamond drilling to delineate the placement and design of installations to facilitate mining operations scheduled for [...]
Ares Strategic Mining is pleased to announce the Company has commenced construction and building work to ready its permitted mine site for producing fluorspar. The preparations and installations will provide greater feed for Ares' anticipated fluorspar production operation. Earth works are already underway, with site clearance, and equipment and [...]
Ares Strategic Mining is pleased to announce successfully completing its steel infrastructure purchase, and the commencement of the steel's fabrication in anticipation for construction in 2024. The structure allows for a multi-person crew to operate the processing system and provides the supporting build, around which the plant will be constructed [...]
Ares Strategic Mining is pleased to announce it has completed all the payments to purchase, fabricate, and assemble the Company's advanced - and the only one of its kind in the country - acidspar manufacturing facility. Acidspar is the highest-grade fluorspar product produced for industry and is one of the most ubiquitously used industrial minerals [...]