American Tungsten Provides Operational Update on Its IMA Mine Rehabilitation and Proposed Diamond Drill Program

Core Insights - American Tungsten Corp. is making significant progress in the rehabilitation of its IMA Mine in Idaho, achieving new operational milestones as of October 31, 2025 [1][9] - The company has expanded its diamond drilling program from approximately 5,400 feet to over 10,000 feet, with plans to start drilling before the end of November 2025 [2][9] Operational Updates - The first phase of diamond drilling will now include targeted positions at the Zero Level, increasing the number of planned stations from three to five [2] - Rehabilitation efforts at the Zero Level have resumed to support the expanded drilling program, with two drill stations planned [6][8] - Approximately 1,100 feet of underground access drift has been rehabilitated, and excavation towards the first diamond drill station is about 25% complete [8] Infrastructure and Support - Access roads and switchbacks to both the D Level and Zero Level have been improved, and all necessary services for underground excavation and drilling have been installed [8] - The company has secured an underground rig for drilling activities at the D Level and has established office and storage facilities at the base of the canyon [8] - Minetech USA, LLC has been contracted to provide mine planning and geotechnical engineering expertise for the tungsten development plans [8] Strategic Positioning - The company aims to strengthen its position in the tungsten market, especially following China's announcement of further export controls on tungsten until 2027 [9] - American Tungsten is planning for full-scale production and intends to provide ongoing operational updates as rehabilitation and drilling progress [9]