Mr. James Walker reports

ARES STRATEGIC MINING SHIPS FLOTATION PLANT

Ares Strategic Mining Inc. has shipped its new flotation plant. The plant, which features state-of-the-art flotation technology, will be the only facility of its kind in North America. It is designed to produce acidspar, a high-purity form of fluorspar (calcium fluoride) crucial for various industrial applications, including aluminum production, chemical manufacturing, lithium-ion batteries, electronics, uranium enrichment, cement manufacture, and the creation of specialized glass and ceramics.

Developed with the guidance of leading international fluorspar mining and processing companies, the flotation plant incorporates advanced metallurgical work specifically tailored to Ares's unique ore. Ares' partners have committed labour and expertise for the installation and optimization of the plant. With extensive experience in fluorspar operations across Asia, Ares's international partners will oversee the installation and initial production phases.

Ares has already successfully run its ore through a similar plant, achieving high-grade acidspar with excellent recovery rates, meeting stringent industry standards. Interest in the plant's high purity acidspar has been considerable, with industrial manufacturers, both international and domestic, expressing interest in purchase contracts. The acidspar is anticipated to serve a variety of industries, with significant demand from the chemical, steel, glass and ceramics sectors.

James Walker, president and chief executive officer of Ares Strategic Mining, stated: "We're pleased with the progress and support surrounding our flotation plant. Our operation, infrastructure and production timelines are coming together well, with plans to commence mining alongside processing facility construction. We see Ares's operations becoming a cornerstone of the U.S. industrial landscape and are excited about our long-term growth plans and impact on domestic supply chains."

In 2018, the United States government classified fluorspar as a critical mineral, "deemed critical to U.S. national security and the economy." Fluorspar remains the only non-metallic critical mineral, which is 100 per cent imported in the entire country. Fluorspar's classification as a critical mineral in the United States translates to a faster permitting period, enabling mining operations to initiate more quickly than operations for conventional minerals.

We seek Safe Harbor.