American Tungsten Progresses its IMA Mine Rehabilitation

Core Insights - American Tungsten Corp. is advancing its operational efforts at the IMA Mine to meet the increasing demand for domestic critical minerals [1][3] - The company is focused on safety, transparency, and regulatory compliance as it rehabilitates the mine [3] Operational Update - The rehabilitation of the IMA Mine includes the advanced rehabilitation of the Zero Level access tunnel, totaling 55 feet from the portal entrance [6] - Improvements have been made to the access road leading to the Zero Level portal, including the removal of a legacy water tank [6] - Enhanced safety measures have been implemented, including a new gate at the portal entrance and ongoing site cleanup [6] - Collaboration with the Mine Safety and Health Administration (MSHA) has been established to ensure site access and safety plans [6] Corporate Update - The company has granted 4,099,481 stock options to directors, officers, and consultants, exercisable at $1.10 per share for three years [4] - An investor update webinar is scheduled for September 4th, featuring CEO Ali Haji [5] Project Overview - The IMA Mine is a past-producing tungsten-molybdenum property located in Idaho, with potential for restoring production [7][8] - The company holds an exclusive option to acquire full ownership of the mine, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [8]