Mr. James Walker reports

ARES STRATEGIC MINING INC. SECURES EQUIPMENT FOR ANTICIPATED RAMP-UP OF UTAH OPERATIONS

Ares Strategic Mining Inc. has acquired key underground mining equipment as part of its continuing preparations for the anticipated ramp-up of operations at its Utah site. The company continues to take strategic steps to ensure it has the necessary infrastructure and machinery in place to move expeditiously toward full-scale mining activities in the coming months.

To support its coming production schedule, Ares has secured items such as the Cat R1300G underground loader, a vital asset for optimizing underground material handling and streamlining operational efficiency. This acquisition aligns with Ares's broader initiative to accelerate site development and position the company for sustained production growth. As Ares advances toward mining readiness, it remains committed to expanding its equipment inventory, reinforcing its work force and strengthening operational capabilities.

James Walker, chief executive officer of Ares, commented: "We are focused on building back up our operations and ensuring we have all the necessary equipment in place to advance toward production as efficiently as possible. The acquisition of this underground loader marks another step in our ramp-up strategy, and we are committed to taking all required measures to bring the Utah project to full production in a timely manner."

In 2018, the U.S. 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.

To facilitate this acquisition, the company has completed a share settlement transaction with Roy Durr, issuing 1,932,432 common shares of the company at a price of 18.5 cents per share to settle $250,000 (U.S.). The share settlement is subject to the Canadian Securities Exchange approval and will be subject to a four-month hold period. Final documentation will be submitted for exchange review and approval.

About Ares Strategic Mining Inc.

Ares 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 Bureau of Land Management.

We seek Safe Harbor.