Ares Strategic Mining Inc. announce that the Company has concluded negotiations and signed a purchase agreement for a 50-acre, industrially zoned, manufacturing site, for its upcoming fluorspar processing operation. The property is located in Delta, Utah, the closest city to the Company's fluorspar mine and claims. The new property is already fitted with utilities, and possesses its own water well, reducing reliance on local water networks. The facilities will be able to locate both Ares' lumps and flotation plants, and house a large tailings facility for the coming decade.

The property is connected directly to its mine and claims through highways and heavy industrial roads, requiring no infrastructure upgrades outside of the facility to receive material. The Company will now deliver to its new site all its purchased plant and equipment, and begin the installation of its processing facilities. The Company will no longer have to return tailings to site, either storing them within the anticipated tailings dam, or selling the waste aggregate to local businesses and construction projects.

Lost Sheep Fluorspar Project - Delta, Utah- 100% owned - 5,982 acres - 353 Claims, Located in the Spor Mountain area, Juab County, Utah, approximately 214 km south-west of Salt Lake City. Fully Permitted - including mining permits. NI 43-101 Technical Report identified extensive high-grade fluorspar with low levels of impurities.

Mining plan approved by BLM.