American Tungsten Extends Strike Length of Tungsten Mineralization at IMA Mine, Idaho, US

Core Viewpoint - American Tungsten Corp. has announced significant initial drilling results from the IMA Mine, indicating continuity of the tungsten-silver vein system and reinforcing the potential for a modern, mineable resource [1][2]. Drilling Results - The second drill station on the D-Level has shown consistent mineralization widths across all drillholes, supporting the understanding of vein geometry and its extension [2]. - Recent drilling includes assays from the second underground drill station and the bottom interval of hole 7, confirming historical mineral reserves and extending limits of mineralization [2]. - A total of 15 drillholes have been completed on the D-level and 8 on the Zero level, totaling approximately 7,800 feet of drilling [8]. Assay Results - Significant intercepts include: - Hole AT26-08: 28.3 feet grading 0.39% WO3 and 1.08 oz/t Ag, with an inclusion of 5.5 feet at 0.82% WO3 [6]. - Hole AT26-09: 26.2 feet grading 0.33% WO3 and 1.62 oz/t Ag, with an inclusion of 3.2 feet at 1.03% WO3 [6]. - Hole AT26-10: 10 feet grading 0.80% WO3 and 1.91 oz/t Ag [6]. Exploration Program - The ongoing Phase 1 Drill Program includes plans for at least four additional holes totaling approximately 2,800 feet on the D-level, with potential for more based on results [12]. - Drilling operations are also being conducted on the Zero level, with plans for up to 20 holes totaling approximately 10,000 feet from three locations [12]. Mine Background - The IMA Mine is a past-producing underground tungsten mine located in East Central Idaho, which produced approximately 199,449 MTUs of WO3 between 1945 and 1957 [13]. - American Tungsten Corp. is currently assessing the potential for re-starting underground tungsten mining operations at the IMA Mine [13]. Company Overview - American Tungsten Corp. focuses on high-potential tungsten and magnetite assets in North America, with the IMA Mine Project being a historic and high-quality underground tungsten property [18].