Ares Strategic Mining Inc. announced that the Ares geological team has completed a generative drill target program to provide the Company with multiple exploration targets for testing in the coming years. The program is the first phase of a multi-year development plan that will run concurrently with the anticipated mining operation, and which is designed to identify the sites for its subsequent operations. When compiled, this amalgamated information demonstrates a consistent trend across the whole Spor Mountain Range, all of which fall into Ares' claim areas.

Certain areas have exhibited high numbers of pipes clustered within tight spacings, providing evidence for larger fluorspar mineralized zones, possibly connecting at shallow depth, with strong open-pit potential. The tight target spacings across the Spor Mountain Range length indicate that an airborne radiometric survey can now be justified across the entire Spor Mountain area, which is expected to add definition and unveil new possible mineralized zones adding continuity between the already mapped fluorspar outcrops and past producing mines. More targets are expected to be added to the list as detailed work progresses.

The permitted Lost Sheep mine to the north of the Spor Mountain Range is expected to be the Company's first operation, followed by the Bell Hill site at the South, which encompasses a large number of surface showings, which the company has begun permitting for development.