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]

American Tungsten Provides Operation and Development Update-Commences Development for Underground Drilling and Begins Flowsheet Consultation for Onsite Milling Strategy-October 24, 2025 7:00 AM EDT | Source: American Tungsten Corp.Vancouver, British Columbia--(Newsfile Corp. - October 24, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK9) ("American Tungsten" or the "Company") is pleased to announce the successful completion of rehabilitation work on the D level adit at its ...

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]

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2025) - Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0) ("Allied" or the "Company"), is pleased to announce that it has closed its previously announced non-brokered private placement offering (the "Offering"). In connection with the Offering, the Company issued an aggregate of 27,083,266 common shares of the Company (the "Shares" and, each, a "Share") at a price of $0.60 per Share for gross proceeds of $16,249,960.The Company inte ...

Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK9) ("American Tungsten" or the "Company") announces revised terms to its previously announced non-brokered private placement under the Listed Issuer Financing Exemption (the "LIFE Offering").Due to market volatility, the Company will be updating the price on its recently announced LIFE Offering to $2.58 per common share. All other key terms remain the same: the LIFE offering remains ...

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]

Core Insights - The listing of Jiaxin International Resources in Hong Kong highlights the city's international capital market scope and breadth [1] - The company focuses on natural resources, distinguishing itself from Hong Kong's traditional sectors like finance and property [2] - Hong Kong continues to serve as a vital bridge connecting mainland China with international capital sources [4] Company Developments - Jiaxin International Resources, a Chinese-owned firm, operates a tungsten mine in Kazakhstan and had a dual listing on August 28 [1] - Other international firms, such as Singapore-based Mirxes Holding and Thai company IFBH, have also recently gone public in Hong Kong, indicating a trend of diverse listings [3] Market Trends - An increasing number of companies from various regions and industries are choosing to list in Hong Kong, with expectations for this momentum to continue [5] - Companies are attracted to the Hong Kong market for its unique ability to draw global capital, unlike mainland markets that face capital controls [6] - After significant capital outflows during the pandemic and US-China tensions, international capital is returning to Hong Kong [7]

Core Insights - Almonty Industries is positioning itself as a challenger to China's dominance in the tungsten market, which is critical for global defense, aerospace, and technology sectors [2][3] - The company has recently achieved a significant milestone with a US$90 million financing, which is expected to enhance its operations and supply chain security for the West [2][3] - Almonty is strategically expanding its operations from Portugal to South Korea, indicating a focus on diversifying its supply chain and reducing reliance on Chinese sources [3] Company Developments - Almonty Industries has listed on Nasdaq, marking a significant step in its growth and visibility in the market [2] - The company is actively engaging in discussions about the geopolitics of critical minerals, highlighting the importance of government support and price trends in the industry [3] Market Context - The tungsten market is increasingly recognized for its vital role in various high-tech applications, making it a focal point for investment and strategic planning [2][3] - The ongoing geopolitical tensions and supply chain vulnerabilities are driving interest in securing alternative sources of critical minerals like tungsten [3]