Ares Strategic Mining Provides Construction Update on Lumps Plant at Lost Sheep Project
Ares
Strategic
Mining
Provides
Construction
Update
on
Lumps
Plant
at
Lost
Sheep
Project
Vancouver,
B.C.,
11
th
September
2025
–
Ares
Strategic
Mining
Inc.
(CSE:
ARS)
(OTC:
ARSMF)
(FRA:
N8I1)
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
an
advanced
stage:
●
All
concrete
foundations
and
pads
have
been
poured
and
completed
●
Steel
frame
structures
are
being
erected
across
multiple
areas
of
the
plant
●
Major
vessels
have
been
fabricated
and
welded
into
place
,
forming
part
of
the
plant’s
core
processing
infrastructure
●
Conveyor
systems
are
being
assembled
and
mounted,
with
visible
segments
installed
across
the
site
●
Additional
structural
supports
are
being
bolted
into
position
to
accommodate
heavy
mechanical
systems
Welding, assembly and plant construction proceeds at pace
James Walker, CEO of Ares Strategic Mining, commented: “This is a pivotal moment in our
construction
timeline.
With
the
plant
now
physically
taking
shape,
we
are
progressing
from
concept
to
reality.
Every
welded
beam
and
poured
foundation
brings
us
one
step
closer
to
production.
We
remain
firmly
on
track
to
become
the
first
fluorspar
producer
in
the
country.”
Concrete Pads and Structural Supports Being Erected
Building the Backbone of Domestic Fluorspar Supply
The Lumps Plant is a key component in Ares’ strategy to produce high-purity fluorspar for North
American
markets,
including:
●
Steel
and
aluminum
manufacturing
●
Refrigerants
and
fluoropolymers
●
Critical
minerals
supply
for
nuclear
fuel
and
semiconductors
As part of its ramp-up strategy, Ares is building a modular, scalable infrastructure that will allow
for
increased
throughput
and
processing
control.
Fabricated Steel Components Being Fitted to Expanded Plant Structures.
Looking Ahead: Toward Commissioning and Production
The construction efforts currently underway are expected to lead to:
●
Completion
of
structural
assembly
and
installation
of
conveyors
●
Initiation
of
equipment
fit-out
and
wiring
●
Testing
and
commissioning
of
plant
systems
●
On-site
ore
stockpiling
and
initial
feed
into
processing
systems
With ongoing support from engineering partners and construction contractors, the Company
remains
committed
to
achieving
its
production
and
revenue
targets
in
line
with
market
demand
for
critical
minerals.
About Ares Strategic Mining
Ares Strategic Mining Inc. is a mining company focused on the development of its fluorspar
projects
in
the
U.S.
The
Company
aims
to
become
a
significant
supplier
of
high-grade
fluorspar
to
North
American
markets,
supporting
industries
vital
to
modern
technology
and
infrastructure.
Lost Sheep Fluorspar Project – Delta, Utah
•
100%
owned
–
5,982
acres
–
353
Claims
•
Located
in
the
Spor
Mountain
area,
Juab
County,
Utah,
approximately
214
km
south-west
of
Salt
Lake
City.
•
Fully
Permitted
–
including
mining
permits.
•
NI
43-101
Technical
Report
identified
extensive
high-grade
fluorspar
with
low
levels
of
impurities.
•
Mining
plan
approved
by
BLM
1
First
approved
by
Rex
Rowley
–
Area
Manager,
Bureau
of
Land
Management
–
24th
August
1992.
Renewed
by
Paul
B.
Baker
–
Minerals
Program
Manager,
Bureau
of
Land
Management
–
12th
December
2016.
ON BEHALF OF THE BOARD OF DIRECTORS OF
ARES STRATEGIC MINING INC.
James
Walker
Chief
Executive
Officer
and
President
For
further
information,
please
contact
James
Walker
by
at
DISCLOSURE
AND
FORWARD-LOOKING
STATEMENTS:
Companies typically rely on comprehensive feasibility reports on mineral reserve estimates to reduce the
risks
and
uncertainties
associated
with
a
production
decision.
Historically,
situations
where
the
issuer
decides
to
put
a
mineral
project
into
production
without
first
establishing
mineral
reserves
supported
by
a
technical
report
and
completing
a
feasibility
study
have
a
higher
risk
of
economic
or
technical
failure,
though
some
industrial
mineral
ventures
are
relatively
simple
operations
with
low
levels
of
investment
and
risk,
where
the
operating
entity
has
determined
that
a
formal
prefeasibility
or
feasibility
study
in
conformance
with
NI
43-101
and
43-101
CP
is
not
required
for
a
production
decision.
Based
on
historical
engineering
work,
geological
reports,
historical
production
data
and
current
engineering
work
completed
or
in
the
process
by
Ares,
the
Company
intends
to
move
forward
with
the
development
of
its
Utah
asset.
1
Certain information in this news release may contain forward-looking statements that involve substantial
known
and
unknown
risks
and
uncertainties.
Forward-looking
statements
are
often
identified
by
terms
such
as
“will”,
“may”,
“should”,
“anticipate”,
“expects”
and
similar
expressions.
All
statements
other
than
statements
of
historical
fact
included
in
this
news
release
are
forward-looking
statements
that
involve
risks
and
uncertainties.
There
can
be
no
assurance
that
such
statements
will
prove
to
be
accurate
and
actual
results
and
future
events
could
differ
materially
from
those
anticipated
in
such
statements.
Important
factors
that
could
cause
actual
results
to
differ
materially
from
the
Company’s
expectations
include
the
failure
to
satisfy
the
conditions
of
the
relevant
securities
exchange(s)
and
other
risks
detailed
from
time
to
time
in
the
filings
made
by
the
Company
with
securities
regulations.
The
reader
is
cautioned
that
assumptions
used
in
the
preparation
of
any
forward-looking
information
may
prove
to
be
incorrect.
Events
or
circumstances
may
cause
actual
results
to
differ
materially
from
those
predicted,
as
a
result
of
numerous
known
and
unknown
risks,
uncertainties,
and
other
factors,
many
of
which
are
beyond
the
control
of
the
Company.
The
reader
is
cautioned
not
to
place
undue
reliance
on
any
forward-looking
information.
Such
information,
although
considered
reasonable
by
management
at
the
time
of
preparation,
may
prove
to
be
incorrect
and
actual
results
may
differ
materially
from
those
anticipated.
Forward-looking
statements
contained
in
this
news
release
are
expressly
qualified
by
this
cautionary
statement.
The
forward-looking
statements
contained
in
this
news
release
are
made
as
of
the
date
of
this
news
release
and
the
Company
disclaims
any
intention
or
obligation
to
update
or
revise
such
information,
except
as
required
by
applicable
law.