ARSMF - Ares Strategic Mining Appoints New Vice President of Exploration
(TheNewswire)
Vancouver, B.C. - TheNewswire - June 17 th , 2022 — Ares Strategic Mining Inc. (the“Company”) (CSE:ARS) (CNSX:ARS.CN) (OTC:ARSMF) (FRA:N8I1),is pleased to announce the appointment of Paul Sarjeant as its newVice President of Exploration for both its US and Canadian explorationand mining projects.
Paul is a registered professional geoscientist, whobrings significant technical and leadership experience to the role andCompany. Paul began his career in 1984 with Echo Bay Mines, obtainingmore experienced positions of responsibility over time. His final roleas Senior Geologist, International Exploration Group allowed him tobuild significant expertise and experience reviewing projects on aworldwide basis. Paul also has significant senior executiveexperienced within small cap firms, leading the acquisition,exploration, and development of key projects throughout the world andacross a wide range of commodities.
As Geology Manager for Largo Inc. Paul led theexploration and development of multiple deposits culminating in a PFSthat significantly increased the potential mine life of the Maracasmining operation. As an independent consultant, Paul has advised andhas served on the Board of Directors for several companies providinginsight and expertise in the mining industry. He also currently actsas a Qualified Person for various companies.
James Walker, President, and CEO of the Company said,“We are very pleased to welcome Paul to the VP of Exploration roleand have him lead Ares’ exploration work across all its projects.Paul brings decades professional experience and knowledge to thecompany, which are already demonstrating visible benefits to theCompany. We are confident Paul will provide the same high level ofexpertise and professionalism he has consistently demonstratedthroughout his very successful career to Ares.”
ON BEHALF OF THE BOARD OF DIRECTORS OF
ARES STRATEGIC MINING INC.
James Walker
Chief Executive Officer and President
For further information, please contact James Walker byphone at 604-345-1576 or by email at jwalker@aresmining.com
DISCLOSURE AND FORWARD-LOOKINGSTATEMENTS:
Companies typically rely oncomprehensive feasibility reports on mineral reserve estimates toreduce the risks and uncertainties associated with a productiondecision. Historically, situations where the issuer decides to put amineral project into production without first establishing mineralreserves supported by a technical report and completing a feasibilitystudy have a higher risk of economic or technical failure, though someindustrial mineral ventures are relatively simple operations with lowlevels of investment and risk, where the operating entity hasdetermined that a formal prefeasibility or feasibility study inconformance with NI 43-101 and 43-101 CP is not required for aproduction decision. Based on historical engineering work, geologicalreports, historical production data and current engineering workcompleted or in the process by Ares, the Company intends to moveforward with the development of its Utah asset.
Certain information in this newsrelease may contain forward-looking statements that involvesubstantial known and unknown risks and uncertainties. Forward-lookingstatements are often identified by terms such as “will”,“may”, “should”, “anticipate”, “expects” and similarexpressions. All statements other than statements of historical factincluded in this news release are forward-looking statements thatinvolve risks and uncertainties. There can be no assurance that suchstatements will prove to be accurate and actual results and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company’s expectations include thefailure to satisfy the conditions of the relevant securitiesexchange(s) and other risks detailed from time to time in the filingsmade by the Company with securities regulations. The reader iscautioned that assumptions used in the preparation of anyforward-looking information may prove to be incorrect. Events orcircumstances may cause actual results to differ materially from thosepredicted, as a result of numerous known and unknown risks,uncertainties, and other factors, many of which are beyond the controlof the Company. The reader is cautioned not to place undue reliance onany forward-looking information. Such information, although consideredreasonable by management at the time of preparation, may prove to beincorrect and actual results may differ materially from thoseanticipated. Forward-looking statements contained in this news releaseare expressly qualified by this cautionary statement. Theforward-looking statements contained in this news release are made asof the date of this news release and the Company disclaims anyintention or obligation to update or revise such information, exceptas required by applicable law.
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