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Ares Strategic Mining Inc

Crux Investor Index
5
i
Market Cap (USD)
20327707
Symbol
CSE:ARS
Stage of development
Development
Primary COMMODITY
Fluorspar
Additional commodities
No items found.

Ares Strategic Mining Inc Company Overview

ARES Strategic Mining Inc. owns the only permitted fluorspar mine in the United States visioning to be the leading fluorspar mining company in North America with its flagship Lost Sheep Mine in Utah.

ARS is currently in the development stage with its Lost Sheep Mine project located in the Spor Mountain area of Juab County, Utah. The Lost Sheep property consists of several mineral claim blocks including the Lost Sheep Fluoride Mine, with potential for large-scale fluorspar resource development.

Financially backed by the US Government and secured strategic partnerships with major international fluorspar producers, ARES Strategic Mining has advantageous access to leading technology, operational expertise, market information, and engineering capabilities As of June 2023, the company has cash position of $2 million according to the released condensed consolidated statements of cash flow.

As a leading innovative fluorspar company in North America, ARES is committed to responsible exploration, production, and supply of metspar and acidspar to key markets, and to deliver value for shareholders by sustainably reigniting the North American fluorspar industry.

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