American Tungsten Corp. Identified Multiple Exploration Targets at Ima Mine & Provides an Update on its Technical Report

Core Viewpoint - American Tungsten Corp. is advancing its exploration plans for the Ima Mine tungsten project in Idaho, with a focus on delineating multiple exploration targets and a newly published Technical Report [1][21]. Exploration Plans & Targets - The company is collaborating with qualified contractors to develop a summer 2025 exploration program, which includes rehabilitation of the mine's D level for underground drilling and bulk sampling [2]. - Historical mining and drilling data have identified several exploration targets, including the northeastern extensions of the No.5 and No.7 veins, the West Ima vein, and the Eastern Vein system [3][4]. - The exploration program aims to delineate the No.5 and No.7 veins, which have shown significant potential based on historical drill results [5]. Vein Systems - Limited mining occurred above the D-level before operations ceased in 1957, with the No.5 and No.7 veins showing promising grades from historical sampling [6][7]. - Conceptual exploration targets for the No.5 and No.7 veins suggest the presence of 2-3 parallel veins containing 300-400k tons of mineralized material with grades of 0.4-1.0% WO3 and 1-2 opt Ag [8]. - The Ima West vein has also shown significant tungsten-silver mineralization, with drillhole results indicating grades of up to 1.29% WO3 [9][11]. Eastern Vein System - An additional vein system northeast of the main Ima vein has been identified, supported by historical drilling and sampling, with significant mineralization reported [13][14]. - Conceptual targets in this area suggest the presence of 100-200k tons grading 0.5-1% WO3 and 0.5-1.5 opt Ag [14]. Main Ima Vein System - Significant tungsten mineralization has been intercepted in drillholes extending below the main vein system, with notable grades reported [15][16]. - Conceptual exploration targets indicate the potential for 200-400k tons grading 0.5-1% WO3 and 0.5-2 opt Ag in this area [16]. Molybdenum Mineralization - Drilling has successfully extended known molybdenum mineralization boundaries, with significant widths and grades reported, supporting a conceptual exploration target in the granitic stock [18]. Technical Report - The Technical Report on the Ima Mine has been published and is available on SEDAR+, prepared by A to Z Mining Professionals [21]. - The Ima Mine is a past producer of tungsten, with historical production of approximately 199,449 MTUs of WO3 from 1945 to 1957 [22]. Company Overview - American Tungsten Corp. is focused on the acquisition and exploration of mineral properties, including the Ima Mine Project and the Star Project in British Columbia [23].