Group 1 - OTC Markets Group Inc. operates a regulated market trading 12,000 U.S. and international securities [2][4] - Several companies have been approved to trade on the OTCQB venture market, including Advent Technologies Holdings, American West Metals Limited, capAI plc, and Chariot Corporation Ltd. [2][3] - Advent Technologies focuses on advanced materials and technology development in the fuel cell and hydrogen technology markets across North America, Europe, and Asia [2] - American West Metals is a clean energy mining company targeting the discovery and development of base metal deposits in North America [2] - capAI plc is an AI incubator and operating group that develops and commercializes AI technologies [2] - Chariot Corporation is focused on exploring high-grade lithium opportunities primarily in the U.S. and Nigeria [2] - Pecoy Copper Corp. aims to unlock the potential of a significant porphyry copper-gold district through responsible exploration [3] - Tungsten Mining NL is dedicated to the discovery and development of tungsten deposits in Australia [3] Group 2 - OTC Markets Group's OTC Link alternative trading system (ATS) provides essential market infrastructure for broker-dealers [4] - The company operates under a data-driven disclosure standard that forms the basis of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market [4] - OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are all SEC-regulated ATS operated by OTC Link LLC [4]

Core Insights - Allied Critical Metals Inc. has reported significant assay results from its Borralha Tungsten Project, indicating strong mineralization continuity and an expanded resource footprint, which supports a positive economic outlook for the upcoming Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [2][3][11] Summary by Sections Assay Results - New assay results from the 2025 Reverse Circulation drilling campaign show robust mineralization continuity in the northwestern dip area of the Santa Helena Breccia, confirming high-grade zones and extending previously identified mineralization [4][8] - Drill hole Bo_RC_27/25 reported 6.0 meters of 1.02% WO₃, along with other significant intercepts, demonstrating higher-grade zones than previously modeled [7][9] Economic Context - The tungsten price has reached $685 USD/MTU APT, reflecting a 50% increase over the last six months due to rising demand and supply chain restrictions from non-Western countries, positioning Borralha as a strategic project in the tungsten market [5][33] - The Borralha project is expected to play a crucial role in reshaping Europe's tungsten supply landscape, particularly in light of the EU's dependence on imports from China [30][31] Project Development - The ongoing drilling campaign has completed 4,210 meters out of a planned 5,625 meters, with final results expected soon, which will inform the updated MRE and PEA scheduled for Q1 2026 [12][17] - The project benefits from existing infrastructure, shallow mineralization, and a straightforward processing route, making it one of the most advanced tungsten development projects in the EU [30][31] Future Outlook - The results from the drilling campaign will directly contribute to the upcoming MRE update and PEA, aimed at delineating additional tonnage and enhancing confidence in high-grade zones [11][17] - The company is focused on expanding and upgrading the current NI 43-101 Mineral Resource Estimate, with expectations for completion in Q4 2025 [14]

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]

Core Viewpoint - Rise Gold Corp. has initiated a review of historical data suggesting that its Idaho-Maryland mine may contain significant tungsten deposits, which are critical for U.S. defense applications [1][4]. Company Overview - Rise Gold Corp. is an exploration-stage mining company based in Nevada, USA, with its principal asset being the historic Idaho-Maryland Gold Mine located in California [8]. Historical Context - The Idaho-Maryland mine operated from 1862 to 1957, producing approximately 2.4 million ounces of gold at an average grade of 0.50 ounces per ton [2]. - In 1954, the mine began exploring for tungsten, leading to the production of tungsten trioxide concentrate until operations were suspended in 1957 due to a significant drop in tungsten prices [3]. Tungsten Significance - Tungsten is classified as a critical mineral by the U.S. government, essential for various defense applications, and the U.S. has not had a domestic supply since 2015 [4]. - China currently dominates global tungsten production, accounting for 84% of the supply, and has recently imposed restrictions on tungsten exports [4]. Exploration and Development Plans - The company has engaged experts to review historical tungsten data and generate recommendations for further exploration, which may include re-assaying existing drill cores [7]. - The historical association of the Idaho-Maryland mine with tungsten has made it a candidate for federal sponsorship as the U.S. seeks to reshore its critical defense industries [5].

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].