04:44:00 EDT Sun 14 Sep 2025
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Ares Strategic Mining Inc
Symbol ARS
Shares Issued 202,785,729
Close 2025-07-30 C$ 0.255
Market Cap C$ 51,710,361
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Ares enters research program with Iowa university

2025-07-31 16:33 ET - News Release

Mr. James Walker reports

ARES STRATEGIC MINING LAUNCHES GALLIUM RECOVERY PROGRAM WITH IOWA STATE UNIVERSITY AND AMES NATIONAL LABORATORY

Ares Strategic Mining Inc. has initiated a collaborative research program with Iowa State University and the Ames National Laboratory, aimed at unlocking the potential of gallium extraction from the company's fluorspar ores sourced from its Spor Mountain project in Utah.

Gallium, a United States-designated critical mineral, is essential to the global electronics, photonics and clean energy industries -- particularly in the manufacturing of LEDs, semiconductors and high performance electronics. This research initiative represents a strategic opportunity for Ares to expand its product offerings beyond fluorspar and enter the high-value critical material market.

Cutting-edge collaboration to unlock critical minerals

Under this agreement, ISU's Microelectronics Research Center in association with the materials analysis research lab will lead a two-phase research program to evaluate and extract trace gallium from Ares's mineral samples using an alkaline process inspired by the Bayer method, traditionally used for aluminum production.

James Walker, chief executive officer of Ares Strategic Mining, stated: "This collaboration positions Ares at the forefront of critical mineral innovation. Our ability to tap into domestic gallium supplies could provide enormous strategic value, particularly as global markets face increasing pressure to secure non-Chinese sources of this vital material. We're proud to work with leading U.S. research institutions to explore this transformative opportunity."

All work will be conducted under ISU's safety protocols at its specialized research facilities. Preliminary results from ISU have already indicated the presence of gallium and the feasibility of the extraction process from Ares's fluorspar material.

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.

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