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Allied Critical Metals Launches 20,000 Meter 2026 Drill Program at its Borralha Tungsten Project in Northern Portugal
TMX Newsfile· 2026-01-26 12:30
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0) ("Allied" or the "Company") is pleased to announce the launch of an extensive 20,000 meter drilling campaign at its 100%-owned Borralha Tungsten Project ("Borralha" or the "Project") in northern Portugal. This fully funded 2026 exploration program is designed to follow up on the Company's successful 2025 drill results and further define the extent of high-grade tungsten miner ...
ONGold Returns 14.59 g/t Au over 9.6 m (core length) From Re-logging Program at Monument Bay Gold-Tungsten Project and Awards Contract to Prepare Updated NI 43-101 Mineral Resource Estimate
TMX Newsfile· 2026-01-26 12:30
Toronto, Ontario--(Newsfile Corp. - January 26, 2026) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (the "Company" or "ONGold") is pleased to announce that SRK Consulting (Canada) Inc. has been awarded the contract to prepare an updated mineral resource estimate for gold and tungsten in accordance with National Instrument 43-101 - Standards Of Disclosure In Mineral Projects ("NI 43-101") on the Monument Bay project located in northeastern Manitoba (Figure 1). The Monument Bay gold and tungsten projec ...
Almonty Industries (ALM) Jumps 28% on Tungsten Optimism
Yahoo Finance· 2026-01-25 23:47
Core Viewpoint - Almonty Industries Inc. has shown significant growth in its share prices, driven by a positive outlook for its tungsten business amid limited global supply [1] Company Developments - Almonty Industries plans to advance the Sangdong tungsten mine in South Korea towards full-scale phase 1 commercial operations, with a phase 2 expansion expected in 2027 [2] - Upon completion, the Sangdong mine is projected to produce 460,000 MTU annually, positioning it as one of the largest tungsten mines outside of China [3] Strategic Agreements - The company has secured binding hard floor offtake agreements, including long-term commitments to supply tungsten oxide for US defense applications, which enhances future revenue visibility and underscores the strategic value of its production [4]
JIAXIN INTERNATIONAL RESOURCES INVESTMENT(03858.HK):A RISING WORLD-CLASS STAR IN THE TUNGSTEN MINING INDUSTRY
Ge Long Hui· 2026-01-21 19:00
机构:中金公司 研究员:Changzhou WANG/Ding QI/Yan CHEN/Zheng WANG/Manwen HE Investment positives We initiate coverage on Jiaxin International Resources Investment (Jiaxin) with an OUTPERFORM rating and a target price of HK$95.00, implying 22.6x 2026e and 14.8x 2027e P/E. Jiaxin focuses on tungsten mine operations in Boguty, Kazakhstan, and we are firmly upbeat on the firm. Why an OUTPERFORM rating? Global tungsten supply and demand conditions to remain tight; average tungsten prices to rise steadily. On the supply sid ...
American Tungsten Reports Significant Tungsten in Underground Sampling
TMX Newsfile· 2026-01-20 12:45
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK90) ("American Tungsten" or the "Company) is pleased to report high-grade tungsten-silver assay results from underground channel sampling at the IMA Mine. Additional surface sampling results confirm extension and continuation of tungsten mineralized quartz veins beyond primary mine area, and significant mineralization in historical tailings. Exploration Sampling Highlights:Undergrou ...
Almonty Shareholder Letter
Businesswire· 2026-01-20 12:30
Our achievements in 2025 significantly strengthened our operational foundation, expanded our global footprint, and enhanced our visibility in the capital markets. Sangdong Tungsten Mine – Active Mining Operations In December 2025, we marked the transition of our flagship Sangdong Tungsten Mine in South Korea from construction to production with the delivery of the first truckload of ore to the run-of-mine pad. That first truck load marked the start of active mining operations and the final phase before full ...
American Tungsten Advances Underground Drill Program at IMA Mine
TMX Newsfile· 2026-01-13 14:48
Core Viewpoint - American Tungsten Corp. is advancing its underground drill program at the IMA mine, having completed 2,120 feet of drilling across six holes, with a focus on resource expansion and becoming the first tungsten producer in the United States [1][3]. Drill Program Highlights - The initial drillholes at the IMA Project are intersecting the vein system along the strike of historical resources, reinforcing the geological model [3]. - The Phase 1 drill program targets five priority exploration areas, including the No. 5 and No. 7 Vein systems, aiming to delineate historically identified tungsten vein systems by the end of Q1 2026 [5]. Drilling Progress - Drilling has intersected quartz veins with hubnerite mineralization over an area of 400 feet along strike and 250 feet up-dip from the D-level [7]. - An additional 3,850 feet of drilling is planned across nine holes from the second and third D-Level drilling stations as part of the Phase 1 Program [7]. IMA Mine Overview - 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 [4]. - The company is currently assessing the potential for re-starting underground tungsten mining operations at the IMA Mine [4]. Company Background - American Tungsten Corp. is focused on high-potential tungsten and magnetite assets in North America, with the IMA Mine Project being a historic and high-quality property on private-patented land [15]. - The company holds an exclusive option to acquire full ownership of the IMA Mine, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [15].
Allied Critical Metals secures key permit for Borralha Tungsten Project
Yahoo Finance· 2026-01-13 13:25
Allied Critical Metals has secured a favourable environmental impact declaration from the Portuguese Environment Agency for its fully owned Borralha Tungsten Project in northern Portugal. The declaration is subject to standard regulatory conditions (Declaração de Impacte Ambiental Favorável Condicionada – DIA). This regulatory approval marks a major step, enabling the project to advance to the Project of Execution and RECAPE (Environmental Compliance Report of the Execution Project) stage, along with su ...
Allied Critical Metals Announces Receipt of Environmental Permit for the Borralha Tungsten Project in Portugal
TMX Newsfile· 2026-01-12 22:00
Core Viewpoint - Allied Critical Metals Inc. has received a Favourable Environmental Impact Declaration (DIA) for its Borralha Tungsten Project in Portugal, marking a significant regulatory milestone that allows the project to advance towards development and production [1][5][8]. Regulatory Milestones - The issuance of the DIA confirms the environmental acceptability of the Borralha Project and enables progression to the Project of Execution and Environmental Compliance Report (RECAPE) stage, along with subsequent licensing phases [5][8]. - The project has also received a formal Letter of Recognition from idD Portugal Defense, acknowledging its strategic importance for national defense supply chains [2][8]. Project Overview - The Borralha Project is an underground mining initiative targeting tungsten production, with by-products including copper and tin concentrates [9]. - Tungsten is classified as a critical raw material under the EU Critical Raw Materials Act, essential for various industrial and defense applications [9][10]. Environmental and Social Considerations - The environmental approval was based on a comprehensive Environmental Impact Assessment (EIA) that evaluated potential effects on environmental, social, and cultural factors, along with mitigation measures [11][12]. - The project aims to generate employment and economic activity in the Municipality of Montalegre, contributing to regional development [13]. Next Steps - Following the DIA, the company plans to implement underground mining with limited surface disturbance, develop closed-loop water management systems, and conduct environmental monitoring [15][16]. - The company will also prepare the necessary documentation for the Project of Execution and advance detailed engineering and technical studies [16].
Almonty Industries crosses the line: From tungsten build to cash-flow reality
The Market Online· 2026-01-07 21:00
Core Insights - Almonty Industries Inc. had a highly successful calendar year in CY25, marked by significant achievements including a Nasdaq listing, raising over US$200 million in capital, and advancing multiple mining projects [1] Group 1: Financial Achievements - The company raised over US$200 million in fresh capital, which is a substantial financial milestone [1] - The successful listing on the Nasdaq composite represents a key strategic move for the company [1] Group 2: Project Developments - Almonty acquired a tungsten project in Montana, U.S., expanding its operational footprint [1] - The development of the mine in Portugal has progressed, indicating ongoing investment in international projects [1] - The Sangdong mine in South Korea has commenced production, contributing to the company's operational capabilities [1] Group 3: Future Outlook - The company’s leadership suggests that the real value creation may still lie ahead, indicating potential for future growth and opportunities [3]