American Tungsten (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) has released its NI 43-101-compliant technical report for the Ima Mine in Idaho and is finalizing the scope and budget for its summer 2025 exploration program. The program will include rehabilitation of the D level to support underground drilling and bulk sampling for metallurgical testwork. Exploration targets include extensions of the No. 5 and No. 7 veins, the southwest continuation of the West Ima vein, the Eastern Vein system, and deeper portions of the main Ima vein, with additional upside potential across Patterson Creek. CEO Ali Haji noted that historical drilling by Gentor and Inspiration outside previously mined zones presents compelling, low-risk opportunities for expanding known mineralization. The company emphasized that target grades and tonnages are conceptual, based on unverified historical data, and that further exploration is needed to define any mineral resources.
To view the full press release, visit https://ibn.fm/Q5Hi5
ABOUT AMERICAN TUNGSTEN CORP.
American Tungsten Corp. (previously Demesne Resources Inc.) is a Canadian-based company involved in the acquisition and exploration of magnetite mineral properties. The Company’s Star Project consists of five contiguous mineral titles covering an area of approximately 4,615.75 hectares located in the Skeena Mining Division, British Columbia, Canada. The Company has entered into an option agreement pursuant to which it is entitled to earn an undivided 100% interest in the Star Project. American Tungsten has also entered into an option agreement, pursuant to which it can acquire a 100% interest (subject to a 2% royalty) in and to the Ima Mine Project, a past producing underground tungsten mine situated on 22 patented claims located in East Central, Idaho, United States. In addition, the Company has acquired surrounding mining rights at its Ima Mine Project through the staking of 113 WMO federal lode mining claims covering an area of 1,988.6 acres (804.75ha).
For more information, visit the company’s website at https://americantungstencorp.com/
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