Core Points - Almonty Industries Inc. has initiated a large-scale drilling program at its Panasqueira Mine in Portugal to define the mine plan for expansion into Level 4, a new production level [1] - The drilling program aims to support an increase in annual output and potentially extend the mine's operational life [1]

Core Points - American Tungsten Corp. completed the second tranche of its non-brokered private placement, raising approximately C$1,189,380 from the sale of 461,000 common shares at a price of C$2.58 per share, bringing the total close to approximately C$18 million [1][2][3] Group 1: Financing Details - The second tranche of financing reflects strong confidence from institutional investors and insiders in tungsten's role in supply chains [2] - The proceeds from both tranches will be allocated for general and administrative expenses and working capital [3] - The company paid aggregate cash commissions of C$50,619.60 on the gross proceeds of C$1,189,380 for the second tranche [4] Group 2: Company Overview - American Tungsten Corp. is focused on high-potential tungsten and magnetite assets in North America, particularly advancing the Ima Mine Project in Idaho [6] - The Ima Mine Project is a historic underground tungsten property with significant infrastructure, and the company holds an exclusive option to acquire full ownership [6]

Core Insights - Happy Creek Minerals Ltd. has completed the first tranche of drilling at the Fox Tungsten Project, with significant mineralization observed in all 18 drill holes [1][3] - The deeper drilling at the BN Zone has intersected two thick zones of calc silicate, indicating multiple mineralized horizons at depth that remain open [1][3] Fox Project - 2025 Exploration Program - From September 5 to October 5, 2025, the company completed 18 diamond core drill holes totaling 2,175.5 metres, focusing on resource expansion at the RC and BN zones [1][3] - All drill holes intersected calc silicate, the main host rock for tungsten mineralization, with variable concentrations of scheelite observed [3][4] - Drilling at the RC south zone has expanded the calc silicate horizon to the southwest and is open to the west beneath Deception Mountain [3][9] RC Zone Details - The RC zone measures approximately 400 metres by 175 metres and is a gently dipping tabular body with thickness ranging from 5 to 25 metres [5] - A total of 14 diamond core drill holes were completed at the RC zone, totaling 1,304.5 metres drilled, with an average hole depth of approximately 92 metres [6][7] - The drilling confirmed geological continuity of the calc silicate from surface to approximately 50 metres in thickness westward, expanding it 250 metres southward towards the BN zone [9] BN Zone Details - The BN zone consists of three stacked calc silicate horizons, with the middle horizon being the best defined and containing most of the current resource [12][13] - Four diamond core drill holes were completed at the BN zone, totaling 871.0 metres drilled, with an average hole depth of approximately 218 metres [14] - Drillholes intersected multiple horizons of calc silicate, supporting the model of stacked horizons at depth, indicating potential for mineralization to be open to the north and northwest [15][16] Resource Estimates - The 2018 NI43-101 Resource Estimate for the Fox Tungsten Project included an Indicated Resource of 582,400 tonnes at 0.826% WO3 and an Inferred Resource of 565,400 tonnes at 1.231% WO3 [2][20] - The current drilling program aims to further define and expand these resources, with selected core intervals sent for assay [10][16] Future Plans - The company plans follow-up drilling between the RC and BN zones, at the BK zone, and to the west beneath Deception Mountain, as well as conducting more geological and surface work [25]

Core Insights - American Tungsten Corp. has successfully completed rehabilitation work on the D level adit at the IMA Mine and has commenced underground development for diamond drilling [1][6] - The company is transitioning from a Direct Shipping Ore (DSO) model to a full-scale onsite milling strategy, aiming to unlock long-term geological and economic value from its high-grade tungsten asset [2][6] Development and Operations - The company has initiated a metallurgical testwork and process design program in collaboration with WSP to support the establishment of a mill onsite [3][4] - Rockhead Consulting LLC has been awarded the underground drilling contract, which includes an initial 5,000 feet of diamond drilling on the D level [3] - Approximately 1,000 feet of the D level have been rehabilitated, with ongoing preparations for drilling expected to commence in mid-November 2025 [4][5] Technical Evaluations - The metallurgical testwork will include various methods such as comminution, gravity recovery, flotation, and X-Ray sorting technology [4] - Initial engineering efforts will involve mass balance calculations, preliminary Process Flow Diagram (PFD) development, and estimation of capital expenditures [4] Historical Data Validation - The company is validating historical data, including the completion of inventory and re-packaging of analytical pulps from previous drill programs [8] - An underground channel sampling program has been initiated to confirm historical results from specific vein systems [8]

Core Insights - Allied Critical Metals Inc. has reported significant assay results from its Borralha Tungsten Project, confirming high-grade mineralization and supporting a positive outlook for the upcoming Preliminary Economic Assessment (PEA) [2][4][11] Company Overview - Allied Critical Metals is focused on its 100% owned Borralha and Vila Verde tungsten projects located in northern Portugal, with Borralha being a historically significant tungsten operation [2][26] - The company aims to expand and upgrade its current Mineral Resource Estimate (MRE) and develop a robust PEA [14][29] Drilling Results - Recent drilling at Borralha has yielded one of the longest and highest-grade intervals, with notable results including 10.0 meters at 1.11% WO₃ and 90.0 meters at 0.24% WO₃ [8][9][11] - The drilling program has completed 4,210 meters out of a planned 5,625 meters, with further assay results expected soon [12][16] Market Context - The price of tungsten has increased to USD $670/MTU, reflecting a 50% rise over the last six months due to heightened demand and supply chain restrictions from non-Western countries [4] - Borralha is positioned as a strategic opportunity for tungsten supply in Europe, especially given the EU's reliance on over 80% of its tungsten imports from China [28][29] Future Prospects - The results from the drilling program are expected to inform the updated MRE and subsequent economic studies, enhancing the project's potential for resource growth and mine design [10][16][29] - The company is advancing towards a more secure and domestic tungsten supply source, aligning with EU and NATO strategic initiatives [28][29]

Core Viewpoint - Allied Critical Metals Inc. has successfully closed a non-brokered private placement offering, raising gross proceeds of approximately $16.25 million through the issuance of 27,083,266 common shares at a price of $0.60 per share [1][2]. Group 1: Offering Details - The offering resulted in gross proceeds of $16,249,960 from the issuance of 27,083,266 common shares at $0.60 each [1]. - The net proceeds will be allocated for ongoing exploration and development activities on the Borralha Tungsten Project and Vila Verde Tungsten Project, as well as for additional working capital [2]. - The shares issued are exempt from a hold period under Canadian securities laws, allowing for immediate trading [3]. Group 2: Financial Arrangements - The company paid finder's fees totaling $1,042,997 in cash and issued 1,738,328 finders warrants, each exercisable for one additional share at $0.60 for 24 months [4]. - The financing is expected to fully fund the completion of a mineral resource estimate (MRE) and a preliminary economic assessment (PEA) for the Borralha project, as well as technical preparation work for the Vila Verde project [5]. Group 3: Company Overview - Allied Critical Metals Inc. is focused on the expansion and revitalization of its 100% owned Borralha and Vila Verde Tungsten Projects in northern Portugal, with tungsten being designated a critical metal by the U.S. and other western countries [8]. - The global tungsten market is valued at approximately $5 to $6 billion, with significant applications across various industries including defense, automotive, manufacturing, electronics, and energy [9].

Core Viewpoint - American Tungsten Corp. has revised the terms of its non-brokered private placement under the Listed Issuer Financing Exemption, adjusting the share price to $2.58 while maintaining the offering size at $20 million with no warrants [1][2]. Group 1: Offering Details - The updated price for the LIFE Offering is set at $2.58 per common share, with the offering remaining upsized to $20 million and finders' fees capped at 6.0% in cash [2]. - An amended and restated LIFE offering document will be filed on www.sedarplus.ca and the company's website, encouraging prospective investors to review it before making investment decisions [3]. Group 2: Management Commentary - CEO Ali Haji stated that the repricing aligns the financing with current market dynamics and reflects the company's commitment to shareholders while maintaining capital discipline and long-term value creation [4]. - The company aims to advance toward production and become a significant tungsten producer in the United States, addressing critical metal scarcity [4]. Group 3: Use of Proceeds - The net proceeds from the offering will be directed towards the upcoming exploration program at the IMA Mine, fast-tracking technical studies, and providing additional working capital [5]. Group 4: Company Overview - American Tungsten Corp. is focused on high-potential tungsten and magnetite assets in North America, particularly advancing the Ima Mine Project in Idaho to commercial production [6]. - The Ima Mine Project is a historic underground tungsten property with significant infrastructure, and the company holds an exclusive option to acquire full ownership, subject to a 2% royalty [6].

Core Viewpoint - American Tungsten Corp. has increased its non-brokered Listed Issuer Financing Exemption (LIFE) private placement offering to raise up to $22.6 million due to strong investor demand [1][4]. Group 1: Offering Details - The upsized offering will consist of up to 6,468,572 common shares priced at $3.50 each, issued under the LIFE exemption [2]. - Shares issued under the LIFE exemption will not be subject to a statutory hold period under Canadian securities laws [2]. - The Company may pay cash finders' fees of up to 6.0% of the gross proceeds raised from subscribers introduced by eligible finders [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to accelerate the development timeline, support the transition toward production, and fund the upcoming exploration program at the IMA Mine [4]. - The Company aims to reinforce its vision of becoming the leading U.S. supplier of tungsten [4]. Group 3: Company Overview - American Tungsten Corp. is focused on high-potential tungsten and magnetite assets in North America, particularly advancing the Ima Mine Project in Idaho [6]. - The Ima Mine Project is a historic underground tungsten property with significant infrastructure, and the Company holds an exclusive option to acquire full ownership [6].

Core Points - American Tungsten Corp. plans to conduct a non-brokered Listed Issuer Financing Exemption (LIFE) private placement offering for gross proceeds of up to $10,000,000 by issuing up to 2,857,142.86 common shares at a price of $3.50 per share [1][3] - The proceeds from the offering will be used to expand the exploration program at the IMA Mine, fast track technical studies, and for additional working capital [3] - The offering is subject to approval from the Canadian Securities Exchange (CSE) [4] Company Overview - American Tungsten Corp. is a Canadian exploration company focused on tungsten and magnetite assets in North America, particularly advancing the Ima Mine Project in Idaho [5] - The Ima Mine Project is a historic underground tungsten property with significant infrastructure, and the company holds an exclusive option to acquire full ownership [5]

Core Viewpoint - Almonty Industries Inc. has filed a Notice of Application in the Ontario Superior Court against Pure Tungsten Inc. seeking injunctive relief due to materially false and misleading statements made by Pure Tungsten [1] Company Summary - Almonty Industries Inc. is a leading global producer of tungsten concentrate [1] - The company is listed on multiple stock exchanges including NASDAQ, TSX, ASX, OTCQX, and Frankfurt [1] Legal Action Summary - The legal action aims to address the false and misleading statements circulated by Pure Tungsten [1]