Ares Appoints New VP of Exploration
Ares Strategic Mining
Appoints New Vice President of Exploration
Vancouver, B.C. June 17th, 2022 — Ares Strategic Mining Inc. (the “Company”) (CSE: ARS)
(OTC:ARSMF) (FRA: N8I1), is pleased to announce the appointment of Paul Sarjeant as its new
Vice President of Exploration for both its US and Canadian exploration and mining projects.
Paul is a registered professional geoscientist, who brings significant technical and leadership
experience to the role and Company. Paul began his career in 1984 with Echo Bay Mines,
obtaining more experienced positions of responsibility over time. His final role as Senior
Geologist, International Exploration Group allowed him to build significant expertise and
experience reviewing projects on a worldwide basis. Paul also has significant senior executive
experienced within small cap firms, leading the acquisition, exploration, and development of key
projects throughout the world and across a wide range of commodities.
As Geology Manager for Largo Inc. Paul led the exploration and development of multiple deposits
culminating in a PFS that significantly increased the potential mine life of the Maracas mining
operation. As an independent consultant, Paul has advised and has served on the Board of
Directors for several companies providing insight and expertise in the mining industry. He also
currently acts as 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 role and have him lead Ares’ exploration work across all its projects. Paul
brings decades professional experience and knowledge to the company, which are already
demonstrating visible benefits to the Company. We are confident Paul will provide the same high
level of expertise and professionalism he has consistently demonstrated throughout 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 by phone at 604-345-1576 or by email at
DISCLOSURE AND FORWARD-LOOKING STATEMENTS:
Companies typically rely on comprehensive feasibility reports on mineral reserve estimates to
reduce the risks and uncertainties associated with a production decision. Historically, situations
where the issuer decides to put a mineral project into production without first establishing mineral
reserves supported by a technical report and completing a feasibility study have a higher risk of
economic or technical failure, though some industrial mineral ventures are relatively simple
operations with low levels of investment and risk, where the operating entity has determined that
a formal prefeasibility or feasibility study in conformance with NI 43-101 and 43-101 CP is not
required for a production decision. Based on historical engineering work, geological reports,
historical production data and current engineering work completed or in the process by Ares, the
Company intends to move forward with the development of its Utah asset.
Certain information in this news release may contain forward-looking statements that involve
substantial known and unknown risks and uncertainties. Forward-looking statements are often
identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar
expressions. All statements other than statements of historical fact included in this news release
are forward-looking statements that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company’s expectations include the failure to satisfy the
conditions of the relevant securities exchange(s) and other risks detailed from time to time in the
filings made by the Company with securities regulations. The reader is cautioned that
assumptions used in the preparation of any forward -looking information may prove to be
incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and other factors,
many of which are beyond the control of the Company. The reader is cautioned not to place undue
reliance on any forward-looking information. Such information, although considered reasonable
by management at the time of preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The forward -looking statements
contained in this news release are made as of the date of this news release and the Company
disclaims any intention or obligation to update or revise such information, except as required by
applicable law.