Jan. 21 at 3:24 PM
$ARSMF In 2023, Ares Strategic Mining did a spin-off called Enyo Strategic Mining. Shareholders at the time received shares of Enyo when the spin-off happened. Although not being mined yet, I am hoping to leave those shares for my grandchildren. The Vanadium Ridge site has an "intense magnetic anomaly containing vanadium-rich magnetite, high grade iron, massive magnetite seams and pods,..." and an average 0.74% vanadium in the magnetite concentrate.
The Liard Property contains fluorspar
James was a smart cookie and divided the properties into US and Canada. I'm hoping that eventually the Canadian tariffs will go away when these projects start production.
In the meantime, I'm looking forward to Ares' fluorspar production and lots of contracts!