202629 releases
American Tungsten Files the IMA Technical Report
An NI 43-101 technical report supporting the updated Mineral Reserve and Mineral Resource estimate for the IMA Project in Lemhi County, Idaho, has been filed on SEDAR+ and the company's website. The estimate comprises 316,000 tonnes of Indicated Mineral Resources grading 0.55% WO₃ (1,747 tonnes WO₃) and 2,178,000 tonnes of Inferred grading 0.55% WO₃ (11,933 tonnes WO₃), plus a surface tailings resource of 267,000 Indicated tonnes grading 0.15% WO₃ (413 tonnes WO₃).
Study resultsAmerican Tungsten Exceeds 30,000 Feet of Drilling, Confirms High-Grade Tungsten Mineralization and Continues to Demonstrate the Scale Potential of the IMA Mine
Drilling at the IMA Mine in Lemhi County, Idaho surpassed 30,000 ft completed since December 2025. Results from the Zero and D-Levels include 14.8 ft grading 0.470% WO₃ and 1.24 oz/t Ag in the No. 7 vein and 6.7 ft at 0.547% WO₃ in hole AT26-43, 9.4 ft at 0.802% WO₃ in the previously untested 41R vein in AT26-39, and 10.6 ft at 0.955% WO₃ and 1.14 oz/t Ag in surface hole AT26-48S. Further assays are pending.
Drill resultsAmerican Tungsten Appoints Former Idaho Governor C.L. “Butch” Otter to Advisory Committee
Former Idaho Governor C.L. “Butch” Otter, who served as the state's 32nd governor from 2007 to 2019, has been appointed Special Advisor to American Tungsten's Advisory Committee. The Company also granted an aggregate of 1,183,500 restricted share units to officers and consultants, vesting in three equal tranches over 36 months beginning September 8, 2026, with a four-month hold period on the underlying Class A common shares.
ManagementAmerican Tungsten Defines High-Grade Tungsten Mineral Resource in the United States at IMA Minev
A maiden NI 43-101 mineral resource estimate with an effective date of July 15, 2026 has been reported for the IMA Mine in Lemhi County, Idaho: 316,000 tonnes indicated at 0.55% WO₃ (1,747 tonnes WO₃, 404,000 oz silver) and 2,178,000 tonnes inferred at 0.55% WO₃ (11,933 tonnes WO₃, 1,848,000 oz silver), at a 0.20% WO₃ cut-off based on $1,300/MTU WO₃. Surface tailings add 267,000 indicated tonnes at 0.15% WO₃. A technical report will be filed within 45 days, and a PEA is planned.
Resource updateAmerican Tungsten Corp. Begins Trading on OTCQX Best Market
American Tungsten Corp. (TSX-V: TUNG) has qualified for the OTCQX Best Market, upgrading from the OTCQB Venture Market, and began trading there on July 31, 2026 under the symbol TUNGF. The company is advancing the past-producing IMA Mine tungsten project in Lemhi County, Idaho, with Phase I covering evaluation and potential processing of existing surface tailings and Phase II the rehabilitation and restart of the historic underground mine.
CorporateAmerican Tungsten Advances Resource Expansion Drilling, Confirms Over 900 Feet of Strike Length on the No. 5 and No. 7 Veins, and Highlights Broader Development Potential at the IMA Mine
Results from six additional drill holes at the past-producing Ima Mine in Idaho confirm tungsten-silver mineralization in the No. 5 and No. 7 veins over more than 900 feet of strike length, with the main Ima vein system extended over 800 vertical feet down dip. Intercepts include 16 ft grading 1.20% WO₃ and 2.99 oz/t Ag in hole AT26-38, and 36.8 ft grading 0.78% WO₃ and 1.37 oz/t Ag in AT26-34. Over 26,000 ft of drilling has been completed, ahead of an updated Mineral Resource Estimate and subsequent PEA.
Drill resultsAmerican Tungsten Advances Metallurgical and Infrastructure Studies at the IMA Mine
A metallurgical testing program at the past-producing Ima Mine in East Central Idaho has been launched under Bomenco Minerals Engineering Corp., with testing coordinated through SGS Laboratories, to develop tungsten recovery processes and data for future engineering and economic evaluations. NewFields MTDs has also been retained for geotechnical investigations supporting design of the proposed Tailings Storage Facility and Waste Rock Storage Facility. The Ima Mine sits on 22 patented claims and produced approximately 199,449 MTUs of WO3 between 1945 and 1957.
Study resultsAmerican Tungsten Corp. Adjourns Annual General and Special Meeting
The hybrid annual general and special meeting of shareholders, initially set for June 29, 2026 at 11:00 a.m. ET, was adjourned due to technical difficulties with the third-party hosting site. The meeting will reconvene at 11:00 a.m. ET on July 15, 2026, accessible at www.AGMCMeeting.com. American Tungsten is advancing the Ima Mine Project, a past-producing underground tungsten mine in Idaho, USA.
CorporateAmerican Tungsten Reports 125 Feet of Tungsten-Silver Mineralization
Drilling on the zero level of the Ima Mine in Lemhi County, Idaho returned over 125 aggregate feet of tungsten-silver mineralization in hole AT26-21, including 76.7 feet grading 0.327% WO3 (estimated 32 feet true width) and 26.2 feet grading 0.41% WO3 (estimated 11 feet true width), from two veins about 100 feet east of historical stopes. Hole AT26-25 intersected quartz-molybdenite and tungsten-bearing quartz veins in the Ima stock, 500 feet southeast of historical molybdenum intercepts. Follow-up surface drilling is planned under the Phase 2 program.
Drill resultsAmerican Tungsten Reports Strong Drilling Results from Lower D-level-Expands Mineralization with Multiple Footwall Intersects
Assay results from D-level drilling at the Ima mine in Lemhi County, Idaho returned 24 ft grading 0.75% WO3 and 3.06 oz/t Ag in hole AT26-23 and 8 ft at 0.53% WO3 in AT26-12 in the No. 5 vein, plus newly defined footwall veins including 4.4 ft of 1.78% WO3 in AT26-27 and 5.2 ft of 1.41% WO3 in AT26-24. Footwall veins extend 300-400 feet down-dip and up to 200 feet along strike. To date 24 D-level and 15 Zero-level holes totalling about 17,600 feet have been completed, with four rigs operating and further assays pending.
Drill resultsAmerican Tungsten Reports Results from Historical Tailings Drill Program
Drilling across the 30-acre Lower Tailings Project at the IMA Mine site in Lemhi County, Idaho intersected tungsten mineralization in all boreholes, with 127 samples averaging 0.152% WO₃ and 0.269 oz/t Ag. The March program comprised 35 hollow-stem auger boreholes totaling approximately 320 feet on roughly 200-foot spacing, confirming average tailings thickness of 5.9 feet and a maximum depth of 13.5 ft in ATLT26-20. Tailings volume is estimated at 190,000 to 200,000 cubic meters.
Drill resultsAmerican Tungsten Corp. Announces Listing on The TSX Venture Exchange, Filing of Revised Technical Report and Related Matters
The TSX Venture Exchange has approved listing of American Tungsten's Class A common shares, which begin trading May 29, 2026 under the symbol TUNG, with the shares delisting from the CSE at market close on May 28, 2026. A revised NI 43-101 technical report for the IMA Mine Project in East Central Idaho, effective June 6, 2025 and revised May 27, 2026, was filed to address minor TSXV deficiencies, with no changes to tenure, exploration results or technical conclusions.
CorporateAmerican Tungsten Ramps-up Exploration Operations; Initiates 35,000 ft Surface and Underground Drilling Program at Ima Mine
A 35,000-foot drilling program comprising 33 underground holes and 20 surface holes has begun at the Ima Mine property in Lemhi County, Idaho, with two surface rigs and two underground rigs on site. A new crosscut is being developed on the D level to establish underground drill stations. Rockhead Consulting LLC has mobilized two track-mounted surface core rigs, one operating and the second to start by end of May, and has completed 38 drillholes totaling over 16,500 feet to date.
Drill resultsAmerican Tungsten Confirms High-Grade Tungsten Mineralization from Initial Zero Level Underground Drilling at Ima Mine
Initial drilling from the Zero Level of the Ima Mine in Lemhi County, Idaho returned 17.8 ft grading 0.435% WO3 and 1.16 oz/t Ag in hole AT26-14, including 8 ft at 0.69% WO3 in the West Vein; 3.4 ft at 1.02% WO3 and 0.84 oz/t Ag plus 9.6 ft at 0.40% WO3 in AT25-16; and 3 ft at 0.56% WO3 and 1.42 oz/t Ag in the Talmadge Vein in AT26-27. Eleven holes totalling over 5,000 feet have been completed from the station, with six assays pending.
Drill resultsAmerican Tungsten Extends Strike Length of Tungsten Mineralization at IMA Mine, Idaho, U.S.
Initial drilling from the second D-level drill station at the IMA Mine in Lemhi County, Idaho returned 28.3 ft grading 0.39% WO3 and 1.08 oz/t Ag in hole AT25-08, including 5.5 ft at 0.82% WO3; 26.2 ft at 0.33% WO3 and 1.62 oz/t Ag in AT25-09, including 3.2 ft at 1.03% WO3; and 10 ft at 0.80% WO3 and 1.91 oz/t Ag in AT25-10. The company has completed 15 D-level and 8 Zero-level holes totaling about 7,800 feet, with at least four more D-level holes (~2,800 feet) planned.
Drill resultsAmerican Tungsten Completes C$40 Million Bought Deal Financing
A bought deal private placement closed for gross proceeds of C$40,002,060, comprising 14,286,450 units at C$2.80 per unit, including full exercise of the underwriters' option. Each unit includes one Class A common share and one-half warrant exercisable at C$3.75 until March 18, 2029; underwriters received a 6.0% cash commission of about C$2,400,123 and 857,187 broker warrants. Net proceeds are intended for exploration and development at the IMA Mine Project in Idaho, working capital and general corporate purposes.
FinancingAmerican Tungsten Completes Strategic Investment in Viking Mines
A minority investment in Viking Mines Limited has been completed, with American Tungsten subscribing for 150,000,000 ordinary shares of VKA for aggregate consideration of AUD$750,000. The transaction closed after VKA shareholders approved it, and the investment formed part of a broader financing completed by VKA. The investment was previously announced in a news release dated December 16, 2025.
FinancingAmerican Tungsten Initiates Drilling in Historical Tailings And Strengthens its Geological Team
An auger drilling program has begun in the historical Lower Tailings Impoundment at the IMA Mine in Lemhi County, Idaho, covering roughly 30 acres; 35 holes totaling about 370 feet are planned over approximately one week, with Haz-Tech Drilling Inc. of Nampa, ID contracted to delineate tailings thickness and collect samples for assay and in-situ density. Preliminary trench samples averaged 0.25% WO3 and 0.48 oz/t Ag, reported January 20, 2026. Max Baker has joined as an advisor to the geological team.
Drill resultsAmerican Tungsten Reports Positive Initial Metallurgical Test Work Results From IMA Tungsten Project
Initial metallurgical test work by Sepro Laboratories on 130 kg of channel samples from the IMA Mine in Lemhi County, Idaho, averaging 1.1% WO3, 83 ppm Ag, 0.09% Cu, 0.037% Mo and 0.41% S, returned 94.4% WO3 recovery from staged Falcon gravity concentration with re-grinding and 91.1% WO3 recovery at a 33.8% mass pull by heavy liquid separation. Sulfide pre-flotation recovered 83.2% Cu, 72.0% Ag and 59.1% Mo at a 1.44% mass pull, with 4.1% WO3 loss. Bond Ball Mill Work Index measured 13.51 kWh/tonne, and further testing, including of historical tailings, is ongoing.
Study resultsAmerican Tungsten Announces Correction to Warrant Terms of Upsized Bought Deal Financing to $35 Million
Each Unit in the upsized C$34,784,400 bought deal will consist of one Class A common share and one-half of one Class A common share purchase warrant, correcting an earlier announcement that stated one full warrant per Unit. The offering covers 12,423,000 Units at C$2.80 per Unit, with Stifel Canada as lead underwriter and sole bookrunner, and each whole warrant exercisable at C$3.75 for 36 months from closing. Closing is scheduled on or about March 18, 2026, with proceeds directed to the IMA Mine Project in Idaho and working capital.
FinancingAmerican Tungsten Announces C$20 Million Bought Deal Private Placement
A bought deal private placement of 7,150,000 units at C$2.80 per unit for gross proceeds of C$20,020,000 has been agreed with Stifel Canada as lead underwriter and sole bookrunner. Each unit comprises one Class A common share and one-half warrant exercisable at C$3.75 for 36 months, with an underwriters' option for up to an additional 15% of units for up to C$3,003,000 more. Proceeds will advance exploration and development at the IMA Mine Project in Idaho and general corporate purposes; closing is scheduled on or about March 18, 2026.
FinancingAmerican Tungsten Announces Upsize of Bought Deal Financing to $35 Million
A previously announced bought deal private placement has been upsized to 12,423,000 units at C$2.80 per unit for gross proceeds of C$34,784,400, with Stifel Canada as sole underwriter and bookrunner. Each unit comprises one Class A common share and one warrant exercisable at C$3.75 for 36 months, and the underwriter holds an option for up to 1,863,450 additional units. Proceeds are earmarked for exploration and development at the IMA Mine Project in Idaho, working capital and general corporate purposes, with closing expected on or about March 18, 2026.
FinancingAmerican Tungsten Reports Drilling Results From IMA Project, Expands Tungsten-Silver Mineralization
Underground drilling at the IMA Mine in Lemhi County, Idaho returned 14.2 ft grading 0.67% WO3 and 1.15 oz/t Ag in hole AT25-06 and 17 ft grading 1.28% WO3 and 3.53 oz/t Ag in hole AT25-07, expanding the No. 5 – No. 7 vein system over 300 feet up-dip of the D-level and over 350 feet along strike. Eleven D-level and three Zero-level holes totaling about 5,000 feet are complete, with further assays pending.
Drill resultsAmerican Tungsten Initiates Drilling on Zero Level of IMA Mine, Second Drill Rig now in Operation
A second drill rig is now operating at the IMA Mine in Lemhi County, Idaho, with drilling underway on both the upper D level and the mid-Zero Level. About 325 feet of the Zero level has been rehabilitated and drill station DSZ-1 established, with 9 holes totaling 3,800 feet designed from that location and up to 15 holes totaling 10,000 feet planned from a second Zero level station. Since December 2025, over 4,200 feet in 11 holes has been completed on the D level.
Drill resultsAmerican Tungsten Reports Initial Drilling Results From IMA Tungsten Project, Significant Tungsten-Silver Intercepts in All Drillholes
Initial assays from the first four Phase 1 underground drillholes at the IMA Mine in Lemhi County, Idaho returned 31 ft grading 0.48% WO3 and 1.84 oz/t Ag in AT25-01, 11.1 ft at 1.08% WO3 and 2.05 oz/t Ag in AT25-02, and 16.3 ft at 0.54% WO3 and 1.79 oz/t Ag in AT25-03. Ten underground holes totaling about 3,800 feet have been completed on the D-level, with further assays pending. Seven more D Level holes (~2,600 feet) and up to 20 Zero Level holes (~10,000 feet) are planned.
Drill resultsAmerican Tungsten Reports Significant Tungsten in Underground Sampling
Underground channel sampling on the D level No. 5 vein at the IMA Mine in East Central Idaho averaged 1.04% WO3 and 2.70 oz/t Ag over an average width of 5.0 ft across fifteen samples. Surface rock chip sampling returned 0.256% WO3 and 0.64 oz/t Ag over 10 ft and 0.164% WO3 and 1.28 oz/t Ag over 6.7 ft south of Patterson Creek. Five test pits in the Lower Tailings Impoundment averaged 0.25% WO3 and 0.48 oz/t Ag, with further sampling and preliminary metallurgical testwork planned.
Drill resultsAmerican Tungsten Advances Underground Drill Program at IMA Mine
Six holes totalling 2,120 feet have been completed since early December at the IMA Mine in East Central Idaho, with the final hole from the first D-Level drill station underway. All drillholes intersected hubnerite-bearing quartz veins over an area 400 feet along strike and 250 feet up-dip from the D-Level; assays submitted to ALS Minerals in December 2025 are pending. A further 3,850 feet across nine holes is planned from the second and third D-Level stations, and the Zero Level program was expanded from 6,700 to 8,000 feet.
Drill results
202538 releases
American Tungsten Grants Incentive Stock Options
An aggregate of 1,900,000 stock options have been granted to certain directors and consultants of American Tungsten Corp., exercisable at $1.50 per common share for three years. A further 131,347 stock options are exercisable at $2.58 per common share for two years to consultants. Common shares issuable on exercise cannot be transferred or sold prior to April 19, 2026.
CorporateAmerican Tungsten Intersects Hubnerite-Scheelite Mineralization in Initial Drillhole at IMA Mine Project
Visual hubnerite and scheelite mineralization was logged in the first drillholes of the 10,000 ft Phase 1 program at the IMA Mine project in East Central Idaho. AT25-01, completed at 373 feet on December 12, 2025, intersected the No. 5 vein over 12.7 ft from 95 to 107.7 ft and the No. 7 vein over 14.1 ft from 240.2 to 254.3 ft; ongoing AT25-02, drilled to about 150 ft, cut the No. 5 vein over 11.5 ft from 93 to 104.5 ft. Assays are pending from ALS Minerals in Twin Falls, with samples submitted in December 2025.
Drill resultsAmerican Tungsten Announces Strategic Investment in Viking Mines
A letter of offer agreement with GTT Ventures Pty Ltd and Viking Mines Limited (ASX: VKA) will see American Tungsten subscribe for 150,000,000 VKA ordinary shares at AUD$0.005 per share, an investment of AUD$750,000. VKA plans to use proceeds from an AUD$3.8 million placement to acquire a 100% interest in six tungsten projects in Nevada, USA, with reported historical production of about 123,000 tons at an average grade of 0.54% WO₃. The financing is expected to close in February 2026 following VKA shareholder approval.
FinancingAmerican Tungsten Commences Phase I Diamond Drill Program at the IMA Mine
Phase 1 diamond drilling has begun at the IMA Mine in East Central Idaho, with approximately 12,100 feet planned across three stations on the D Level and two on the Zero Level, targeting the No. 5 and No. 7 Veins, IMA West Vein, Eastern Vein and Main IMA Vein by the end of Q1 2026. At least five holes totalling about 1,950 feet are underway from the first D Level station, with a further 3,500 feet planned in late December and January and roughly 6,700 feet from the Zero Level.
Drill resultsAmerican Tungsten Announces Key Strategic Appointments
Carolyn Loder has been appointed to the board of directors of American Tungsten Corp., while Austin Zinsser steps down from the board to focus on his role as Vice President of Exploration and Murray Nye steps down as President to become an Advisor. Michael Zehr was appointed Strategic Advisor. The board also approved Davidson & Company LLP as new independent auditor, registered with CPAB and PCAOB, ahead of a planned uplisting to a senior U.S. exchange. The company is advancing the Ima Mine Project in Idaho.
ManagementAmerican Tungsten: Investor Update
An investor update scheduled for the morning of November 18, 2025 has been rescheduled to Monday, November 24, 2025 at 10 am EST/7 am PST, due to issues affecting Cloudflare's global network; prior registrants are automatically registered. The update was to address the expiry of trading restrictions on 14,000,000 common shares issued July 24, 2025 in a private placement, which become freely tradeable on or about November 25, 2025. The Company recently received a Letter of Interest from EXIM for up to US$25.5 million for the IMA Project in Idaho.
CorporateAmerican Tungsten Announces Updates on its IMA Project and Investor Relations Efforts
The Phase 1 drilling program at the IMA Mine in Patterson, Idaho has been expanded to approximately 10,000 feet across three stations on D Level and two on Zero Level, with diamond drilling scheduled to begin at the end of November; the D Level access crosscut is about 54% complete (~100 ft) with ~86 ft remaining. Phase 2 planning extends into Q1 2026. A marketing agreement was signed with Gold Standard Media, LLC for a cash fee of US$48,000, and a CEO-hosted investor webinar is set for November 18.
CorporateAmerican Tungsten Receives LOI from U.S. Export-Import Bank (EXIM) for US $25.5 Million to Fund Mining Development & Production
A letter of interest dated October 17, 2025 has been received from the U.S. Export-Import Bank (EXIM) for a loan of up to US$25.5 million to potentially fund mining development and milling facilities at the IMA Tungsten Mine in Patterson, Idaho. If approved, the loan would carry a 15-year repayment term. American Tungsten says it has met initial requirements to apply for the financing.
FinancingAmerican Tungsten Provides Operational Update on Its IMA Mine Rehabilitation and Proposed Diamond Drill Program
The first phase of diamond drilling at the IMA Mine in Patterson, Idaho has been expanded from about 5,400 ft to over 10,000 ft across five planned stations (up from three) on the D Level and Zero Level, with drilling expected to start before the end of November and the contractor moving to double shifts through year-end. Approximately 1,100 ft of D Level access drift has been rehabilitated, and new drift excavation is about 25% complete (~48 ft). Minetech USA, LLC will provide mine planning and geotechnical engineering.
CorporateAmerican Tungsten Announces Completion of Second Tranche LIFE Offering; Total Close of Approx. $18 Million
The second tranche of a non-brokered LIFE private placement closed for gross proceeds of C$1,189,380 from 461,000 common shares at C$2.58 per share, bringing the total offering to approximately $18 million. Cash commissions of C$50,619.60 were paid on the second tranche, with no finders' warrants issued. Proceeds from both tranches will fund general and administrative expenses and working capital, with the company advancing the Ima Mine Project in Idaho.
FinancingAmerican Tungsten Strengthens the Board of Directors
Duncan T. Blount has been appointed to the Board of Directors of American Tungsten Corp., effective immediately, while Ajay Toor has stepped down from the Board. Blount is Chairman and CEO of Chilean Cobalt Corp. and previously served as CEO and Director of Decklar Resources Inc. and led Asian Mineral Resources Ltd., with a decade in investment management at Redwheel and Everest Capital. The Company is advancing the Ima Mine Project in Idaho.
ManagementAmerican Tungsten Provides Operation and Development Update
Rehabilitation of the D level adit at the Ima Mine in Idaho is complete, with roughly 1,000 feet rehabilitated and crosscuts for underground drill stations underway; Rockhead Consulting LLC has been awarded a contract for an initial 5,000 feet of diamond drilling, expected to begin mid-November 2025. The company has also begun a WSP metallurgical testwork and process design program to assess shifting from a direct shipping ore model to onsite milling, and initiated check assays and underground channel sampling of the No. 5 and No. 7 veins.
CorporateAmerican Tungsten Announces Completion of $16.8 Million; First Tranche of LIFE Offering
Gross proceeds of C$16,770,510 were raised in the first tranche of a non-brokered private placement through the sale of 6,500,198 common shares at C$2.58 per share under the Listed Issuer Financing Exemption, with no hold period. Cash commissions of C$741,343 were paid and no finders' warrants issued. Proceeds are allocated to general and administrative expenses and working capital, and a subsequent tranche is required to close following the repricing. American Tungsten is advancing the Ima Mine Project in Idaho.
FinancingAmerican Tungsten Reprices Non-Brokered LIFE Private Placement to $2.58 per Share
The price of American Tungsten's previously announced non-brokered private placement under the Listed Issuer Financing Exemption has been revised to $2.58 per common share, citing market volatility. All other terms are unchanged: the offering remains upsized to $20 million with no warrants and cash-only finders' fees of up to 6.0%. Proceeds are intended for the upcoming exploration program at the Ima Mine Project in Idaho, technical studies and working capital. The offering is subject to Canadian Securities Exchange approval.
FinancingAmerican Tungsten Announces $10 Million Non-Brokered LIFE Private Placement
A non-brokered LIFE private placement for gross proceeds of up to $10,000,000 is planned, via the issue of up to 2,857,142.86 common shares at $3.50 per share, with no hold period under Canadian securities laws. Proceeds are earmarked for expanding the upcoming exploration program at the IMA Mine in Idaho, fast tracking technical studies, and additional working capital. The offering is subject to Canadian Securities Exchange approval.
Financing