Mr. James Walker reports

ARES STRATEGIC MINING INC. ADVANCES CORPORATE GOALS THROUGH CONSULTING PARTNERSHIPS IN UTAH

Ares Strategic Mining Inc. has settled consulting fees with MIB & S Partners and Roy E.I. Durr, further solidifying key strategic relationships that support the company's growth and development that will be important for the planned launch of the operation in Utah.

This strategic settlement underscores Ares's commitment to maintaining strong partnerships with industry leaders and experts who play a pivotal role in advancing the company's objectives. The consulting and lobbying services provided by MIB & S Partners and Mr. Durr have been instrumental in supporting Ares's operational and regulatory initiatives, ensuring the company remains well positioned for long-term success.

The issuance of shares in lieu of cash payments demonstrates Ares's prudent financial management, allowing the company to allocate resources toward critical projects and operational milestones. This approach not only strengthens the company's balance sheet but also reinforces the confidence of its partners in Ares's vision and growth trajectory.

Ares Strategic Mining remains focused on its mission to develop and operate high-quality mining projects, leveraging strategic partnerships to navigate regulatory landscapes and drive sustainable growth. The company is confident that these collaborations will continue to yield significant benefits as it progresses toward its goals.

As part of this agreement, Ares has settled $13,440 (Canadian) of consulting services by issuing 70,737 common shares. Additionally, the company has issued 554,942 common shares to settle $60,000 (U.S.) ($86,016 (Canadian)) for lobbying services provided by MIB & S Partners and Mr. Durr. These shares are subject to a statutory hold period of four months and one day from the date of issuance.

About Ares Strategic Mining Inc.

Ares Strategic Mining is a mining company focused on the development of its fluorspar projects in the United States. The company aims to become a significant supplier of high-grade fluorspar to North American markets, supporting industries vital to modern technology and infrastructure.

Lost Sheep fluorspar project, Delta, Utah:

• 100 per cent owned -- 5,982 acres, 353 claims;
• Located in the Spor Mountain area, Juab county, Utah, approximately 214 kilometres southwest of Salt Lake City;
• Fully permitted -- including mining permits;
• National Instrument 43-101 technical report identified extensive high-grade fluorspar with low levels of impurities;
• Mining plan approved by the Bureau of Land Management (BLM) (first approved by Rex Rowley, area manager, BLM, Aug. 24, 1992; renewed by Paul B. Baker, minerals program manager, BLM, Dec. 12, 2016).

We seek Safe Harbor.