Ares Strategic Mining Inc. is pleased to announce an expedited roadmap to the production of acidspar. The initiative will include an acceleration of the planned expansion of mining activities at the Spor Mountain, as well as fast tracking the construction of the flotation plant so the Company can produce acidspar to meet its Pentagon contract obligations. This initiative will include imminent drilling activities to expand [...]
Issued on behalf of Ares Strategic Mining Inc. USANewsGroup.com News Commentary - North American capital markets are witnessing a structural repricing as bipartisan Congressional proposals for a $2.5 billion Strategic Resilience Reserve[1] signal a decisive federal shift toward onshoring defense-grade supply. This legislative acceleration aligns with a recent White House procurement directive[2] confirming that 100% import [...]
In a major development for the U.S. critical minerals industry, Ares Strategic Mining Inc. has been officially awarded a $168,938,267.30 contract by the U.S. Department of Defense through the Defense Logistics Agency - a significant initiative to help strengthen America's domestic manufacturing and supply base and support the rebuilding of U.S. strategic mineral stockpiles. Click Image To View Full Size The award is part [...]
Ares Strategic Mining is pleased to provide a comprehensive update on the construction and operational advancements across its Lost Sheep Fluorspar Project in Juab County, Utah. These developments mark critical progress in bringing North America's only permitted fluorspar mine into full-scale industrial production. Over the past weeks, Ares has completed major milestones underground and above ground, advancing both mine [...]
Ares Strategic Mining is pleased to announce the successful completion and activation of its secondary underground ventilation system at the Lost Sheep Fluorspar Mine in Juab. This achievement marks the final regulatory and operational milestone required to commence industrial-scale mining operations in full compliance with Mine Safety and Health Administration standards. The secondary ventilation system has been [...]
Ares Strategic Mining is pleased to announce that it has closed the second and final tranche of its previously announced offering of units by issuing 12,221,889 Units at a price of $0.45 per Unit, for aggregate gross proceeds of $5,499,850. On Oct 10, 2025, the Company announced a non-brokered private placement offering of Units at a price of $0.45 per Unit pursuant to the listed issuer financing exemption under Part 5A [...]
Ares Strategic Mining is pleased to announce that it has closed the first tranche of its previously announced offering of units by issuing 11,111,112 Units at a price of $0.45 per Unit, for aggregate gross proceeds of $5,000,000.40 pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions. Each Unit shall consist of one common share in the capital of the Company [...]
Ares Strategic Mining is pleased to announce a non-brokered private placement offering of up to 22,222,222 units at a price of $0.45 per Unit for gross proceeds of up to $10,000,000. Each Unit shall consist of one common share in the capital of the Company and one-half of one non-transferable Common Share purchase warrant. Each Warrant will be exercisable into one Common Share at a price of $0.55 per Warrant Share for a [...]
Ares Strategic Mining is pleased to report a promising breakthrough from its ongoing materials analysis program in partnership with Iowa State University and Ames National Laboratory. Early laboratory results have confirmed the presence of germanium, in addition to the previously discovered gallium - two highly strategic critical minerals - within Ares' fluorspar ore samples from its Spor Mountain Project in Utah [...]
Ares Strategic Mining is pleased to provide a major construction update on the Company's Lumps Plant being built at its Fluorspar Project in Utah. This marks a major milestone in the development of the only domestic fluorspar processing operation in the United States. Construction Progress: From Foundations to Framework Following months of mobilization and site preparation, construction of the Lumps Plant has now reached [...]
Ares Strategic Mining is pleased to announce the initiation of 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, a U.S.-designated critical mineral, is essential to the global electronics, photonics, and clean energy industries-particularly in the [...]
Ares Strategic Mining is pleased to announce that it has received an increase in cash through its Sharing Agreements with Sorbie Bornholm LP, providing valuable growth capital without issuing a single new share - ensuring no dilution for existing shareholders. In the latest monthly settlement: +12% cash gain from Sharing Agreement 1 +31% cash gain from Sharing Agreement 2 This funding milestone further strengthens Ares [...]
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