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 [...]
Ares Strategic Mining is pleased to provide an operational update on the ongoing development of its Lost Sheep Fluorspar Project in Utah, following the successful recommencement of mining and construction activities announced earlier this year. Since mobilizing Provo Mining and construction crews back to site, the Company has made significant progress advancing both mining operations and plant construction. The assembled [...]
Ares Strategic Mining is excited to announce the active ramp-up of operations at its Lost Sheep Fluorspar Project in Utah, with development partner Provo Mining and their expert team now 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 [...]
Ares Strategic Mining is pleased to announce the issuance of common stock for services rendered to the Company by various arm's length and non-arm's length parties, as part of the anticipated ramp up for Ares' Utah operations. The Company plans to issue 652,426 common shares of the Company to settle approximately $193,316.25 owed to the various arm's length and non-arm's length parties. The Share Settlement is subject to [...]
