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- The Company achieves almost entirely pure fluorspar (CaF2) during recent refinement work.
- Ares greatly improves recoveries for all its upgrading processes through processing advances.
- The Company achieves 92% recoveries for 93% CaF2 metspar product.
The Company has been continuously refining its flotation and upgrading processes, and its flotation expertise ever since achieving its desired product of acidspar. Acidspar is a 97% CaF2 (fluorspar) product which comprises almost 70% of the fluorspar market. Acidspar is required for aluminum manufacture, fluorine for medical ingredients, refrigeration units, Teflon, hydrofluoric acid, and electronics. Through continued work the Company has refined its metallurgy and processing, to achieve an almost completely pure CaF2 product from its raw fluorspar taken from its
Additionally, the Company has been working to improve the amount of material recovered during its upgrading process. Through a combination of adjusted reagent levels, float times, grind size, and collectors, the Company has determined the best methodologies for its particular fluorspar deposit and has achieved over 92% recoveries when manufacturing its high grade metspar – another fluorspar product. Metspar is used in the manufacture of steel, ceramics, fiberglass, and assists with desulfurization and dephosphorization during smelting processes to enhance the tensile strength of forged metals. A metspar product of over 90% CaF2 is considered high-grade, and commands higher selling prices than more common metspars. The Company’s metallurgists have produced a 93% pure metspar from its naturally occurring fluorspar, while only losing 8% during the flotation process. These advances act to greatly increase both the output and value of the Company’s planned industrial products.
Fluorspar’s classification as a Critical Mineral in
The Company’s lead engineering project manager, Mr.
- 100% owned – 2,100 acres – 108 Claims
- Located in the
Spor Mountain area,Juab County, Utah , approximately 214 km south-west ofSalt Lake City .- Fully Permitted – including mining permits.
- NI 43-101 Technical Report identified extensive high-grade fluorspar with low levels of impurities.
- Mining plan approved by BLM1
First approved by
Renewed by
ON BEHALF OF THE BOARD OF DIRECTORS OF
Chief Executive Officer and President
For further information, please contact
Neither the
1
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