Mr. James Walker reports

ARES STRATEGIC MINING ACCELERATES MINING AND CONSTRUCTION AT MINING OPERATION

Ares Strategic Mining Inc. is actively ramping up operations at its Lost Sheep fluorspar project in Utah, with development partner Provo Mining and its expert team on site and working. Construction crews have returned, equipment is mobilized and physical work has already commenced to prepare the mine and processing plant for full-scale operations. The current work will focus on completing plant construction for both the metallurgical lumps plant and the flotation plant and completing the secondary ventilation system for the underground mining and pulling. This will be followed by mining.

Underground equipment resume underground development

This marks a major milestone for Ares as it enters the next phase of its strategic plan to become the only domestic producer of fluorspar in the United States, a critical mineral essential to industries ranging from steelmaking and aluminum to lithium batteries and nuclear energy. With fluorspar designated as a critical mineral by the U.S. government, this operational resurgence is perfectly timed with growing national and industrial demand.

Crews returning to operations

The company is pleased to confirm that construction of its processing plant has officially restarted, with foundational, mechanical and electrical work progressing rapidly. Ares has begun the buildup of mining and plant personnel, with additional teams scheduled to arrive over the coming weeks. All developments are aligned with the company's production timeline, targeting near-term operations and revenue generation.

Anticipated road map to production

A bold step toward production and cash flow

With all required permits in place, infrastructure development accelerating and a recently secured $11-million in financing, Ares is fully capitalized to advance its project into production. This significant financial backing is directly powering the renewed momentum on site, enabling the company to scale up construction, expand crews and fast-track the development of its processing plant. Ares is now in its strongest position to date, moving decisively from planning to execution and unlocking the full value of its unique critical mineral asset.

James Walker, president and chief executive officer of Ares Strategic Mining, stated: "This is a momentous step forward for Ares. The return of Provo Mining to site, the mobilization of crews and the recommencement of construction activities mark the beginning of our transformation from explorer to producer. With strong market fundamentals, increasing global demand for fluorspar and a facility being readied for production, we are closer than ever to becoming a leading U.S. critical mineral supplier."

Unlocking value for shareholders

Ares's return to site and construction restart come at a time of intensifying global focus on domestic supply chains and strategic minerals. With near-term production potential, United States-based infrastructure and a compelling growth trajectory, Ares is well positioned to deliver long-term value to shareholders.

Site works at the Delta, Utah, processing facilities

The company anticipates further updates in the coming weeks as site activities accelerate and milestones are achieved.

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.

About Ares Strategic Mining Inc.

Ares Strategic 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.