ARES STRATEGIC MNG INC. (ARSMF)

[Waywilly]

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Ares' Receives Final Assay Results from its Drill Programs to Delineate Fluorspar Mining Targets.
Ares discovers large high-grade fluorspar mineralization, at least 60 m down plunge, averaging over 80% pure fluorspar, and is still open at depth.

Greater mineralized fluorspar widths and consistent grades compared with first drill program.

Large fluorspar mineralized zones found at surface, averaging over 50% fluorspar.

High-grade veins found between fluorspar pipes.

Every drill hole intersected fluorspar during this exploration program.

Ares can now complete its mine plan and engineering work to progress into the construction phase of the project.


Vancouver, B.C. January 27th, 2021 — Ares Strategic Mining Inc. (“Ares” or the “Company”) (TSXV: ARS) (OTC:ARSMF) (FRA: N8I1), is pleased to announce it has received the remaining assay results from its delineation drilling program at its Utah fluorspar mine. Ares has successfully located and confirmed additional fluorspar mineralization within its permitted mining area, which will be included in its primary mining operation for 2021.