Ares Strategic Mining Inc. announced that it has received all deliverables from a Laser Imaging, Detection and Ranging (LiDAR) survey flown in October 2021 over its 100% owned Liard Fluorspar Project located in British Columbia. The Company has now received and processed all received data into 3D models of the property, which can be used for project planning, prospect targeting, and future construction modelling. Ares has commissioned Toby Hughes P. Geo., to complete a National Instrument 43-101 report for its Canadian Fluorspar project in British Columbia, which will be used to further advance the development of the project.

In addition to the NI 43-101 technical report, the goal of this year's exploration work is to evaluate all historical data and to interpret the structural framework of this Mississippi Valley type style of mineralization to vector in on the most prospective areas for drilling in 2022. LiDAR is a valuable tool for helping to accurately locate all the historic work under now a thick vegetation coverage and to identify the most promising target areas on the property. It will as well increase the efficiency and productivity of the follow-up field programs. The Company sent geologists to site in December 2021 to collect fluorspar samples for assaying and evaluation, all samples confirmed there were no sulfides of deleterious elements present in the fluorspar which could impede or complicate development.

Data from the LiDAR survey will be used in conjunction with additional historic exploration information to identify high-priority targets for follow-up. Results of this work will be used to accomplish the following: Produce a high-resolution digital elevation model, Identify geological outcrops in areas of extensive cover, Identify the potential geological and structural framework, and mineralization patterns, Assist with the design of soil geochemistry surveys, Compile, review and repositioning of all historical data available as required, Design and execute a regional airborne radiometric survey to identify more fluorspar occurrences not exposed or near surface, and Develop a field program consisting of prospecting, mapping, and sampling work over areas of interest identified from the airborne survey data and the historical database. The results of the preliminary 2021 field work site visit include some rock sampling for assays oriented at deleterious elements as well as trace elements that can be used for airborne radiometric surveys to detect near surface to outcropping fluorite occurrences in densely forested zones.

The preliminary results are satisfactory indicating the no presence of sulfides, and Si, Ba, Sr as accessory major elements (quartz, barite, baritocelestite and witherite) accompanying the fluorite. These initial results will also be used to develop priority targets for the Company's inaugural drill program, commencing in 2022.