American Tungsten Advances Zero Level Rehabilitation at IMA Mine
Globenewswire·2025-08-20 12:00

Core Insights - American Tungsten Corp. is making significant progress in the rehabilitation of the Zero Level portal at its IMA Mine site, emphasizing safety, operational excellence, and regulatory compliance [1][3] Company Developments - The company has completed the installation and lagging of the Zero Level portal entrance, retimbered and reinforced approximately 10 feet of the access tunnel, and finalized preparations to meet MSHA compliance requirements [7] - Ongoing work includes the removal of an obsolete surface water tank located below the portal and continued re-support and rehabilitation of the Zero Level access drift [7] Project Overview - The IMA Mine is an advanced, readily-permittable tungsten-molybdenum property located in the Idaho porphyry belt, with an immediate opportunity to restore production at a strong identified silver and molybdenum-bearing intrusion target [8] - The company holds an exclusive option to acquire full ownership of the IMA Mine, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [9]