10:48 AM EST - Ares Strategic Mining Inc : Announces that it has entered into a mineral property option agreement with USHA Resources Ltd. of Vancouver, British Columbia, whereby the Company has been granted the exclusive option to acquire a 100% interest in 140 mineral claims located at Jackpot Lake, Clark County, Nevada. The Property is comprised of 140 mineral claims that total 2,800 acres. The project is a similar geologic model as Albemarle’s Silver Peak Nevada Lithium Mine which has operated continuously since 1966, and Iconic Mineral’s Bonnie Claire Project, which recently released a Preliminary Economic Assessment report that indicates 40-year mine with an after-tax NPV 8% of 1.5 billion. Ares Strategic Mining Inc
shares C.ARS are trading unchanged at $0.43.
