Mr. James Walker reports

ARES STRATEGIC MINING DISCOVERS HIGH-VALUE GERMANIUM IN ADDITION TO GALLIUM IN ITS FLUORSPAR ORE

Ares Strategic Mining Inc. had a promising breakthrough from its continuing materials analysis program in partnership with Iowa State University (ISU) and Ames National Laboratory. Early laboratory results have confirmed the presence of germanium (Ge), in addition to the previously discovered gallium (Ga) -- two highly strategic critical minerals -- within Ares' fluorspar ore samples from its Spor Mountain project in Utah.

Germanium (Ge) is vital for semiconductors, fibre optics, infrared optics and solar cells. It is extremely rare, with global production dominated by China.

Breakthrough elemental discovery

Under the guidance of professors at ISU, Ares submitted multiple batches of fluorite material for advanced analytical testing. Seven separate samples were finely ground and washed to remove surface impurities, with germanium (Ge) detected in two samples at concentrations of 0.15 per cent and 0.05 per cent (1,500 parts per million and 500 ppm), with low error margins of plus or minus 0.02 per cent and plus or minus 0.01 per cent, respectively, confirmed using inductively coupled plasma optical emission spectroscopy (ICP-OES).

James Walker, chief executive officer of Ares Strategic Mining, stated: "The presence of both germanium and gallium -- both critical minerals on the U.S. supply risk list -- within our fluorspar ores opens an exciting new strategic pathway for Ares. This breakthrough aligns with our broader vision to unlock additional critical mineral value from our deposits, further differentiating Ares as a leader in North America's mineral independence."

Next steps in strategic mineral development

With proof-of-concept testing complete, Ares will:

• Continue advanced laboratory characterization to quantify full germanium and gallium concentrations across additional batches;
• Investigate commercial pathways to extract and recover these materials alongside fluorspar;
• Evaluate potential economic co-products and vertical integration opportunities.

This initiative forms part of Ares' broader commitment to maximizing the value of its resource and contributing to domestic supply chain resiliency for critical materials in the United States.

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 Bureau of Land Management.

First approved by Rex Rowley -- area manager, Bureau of Land Management -- Aug. 24, 1992.

Renewed by Paul B. Baker -- minerals program manager, Bureau of Land Management -- Dec. 12, 2016.

We seek Safe Harbor.