Ares Strategic Mining Expedites Company Roadmap and Production Plan Ahead of Government Contract

Vancouver, B.C., February 5, 2026 – TheNewswire – Ares Strategic Mining Inc. (CSE: ARS) (OTC: ARSMF) (FRA: N811) 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 mining targets and the number of mines available to Ares, as well as bringing in crews to ensure Ares can produce the highest grade fluorspar products in 2026. DoD Contract Necessitates Acceleration The DoD contract has a ceiling of USD $250 million, which can be awarded on delivery of quality product from 30 December 2025 – 29 December 2030. Under the terms of the contract, acidspar must be delivered within 36 months after the issuance of each delivery order, the first of which was awarded on 30 December 2025. The opportunity to realise the ceiling amount of this contract award, at the favourable market rates agreed, necessitates the revision of Ares’ company roadmap and production plan. “The DoD contract has transformed our company roadmap, and the race is on to deliver as much quality fluorspar as we can. To do that, we need more funding. The latest funding will help us to reach our first DoD deliveries, and crucially, to reach the ceiling of the award in the timeframe specified,” said Walker. Click Image To View Full Size

This excerpt is quoted from the original release. Read the full announcement on TheNewswire.