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American Tungsten Announces Completion of $16.8 Million; First Tranche of LIFE Offering
Newsfile· 2025-10-22 11:00
American Tungsten Announces Completion of $16.8 Million; First Tranche of LIFE OfferingOctober 22, 2025 7:00 AM EDT | Source: American Tungsten Corp.Vancouver, British Columbia--(Newsfile Corp. - October 22, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK9) ("American Tungsten" or the "Company") is pleased to announce that, further to its press releases dated October 14, 2025, October 15, 2025, and October 20, 2025, it completed the first tranche (the "First Tranche") of it ...
Bocana Resources Corp. Announces Joint Venture with Arizore Ltd to Form Arizore LLC
Globenewswire· 2025-10-14 21:50
CALGARY, Alberta, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) ("Bocana" or “Company”) announces that on September 23, 2025 it signed a Joint Venture Agreement (“JV” or “JV Agreement”) with Arizore Ltd., of Nevis, West Indies, whereby Arizore Ltd and Bocana (together, the “Members”) have agreed to establish and jointly own Arizore LLC, a limited liability company incorporated in Nevada, United States, (the “JV Company”). The arm’s length JV Agreement provides that t ...
Go Metals Initiates Metallurgical Testing at KM98 Fe-Ti-V Project
Newsfile· 2025-09-29 13:16
Core Insights - Go Metals Corp. has initiated metallurgical testing at its KM98 Vanadium Titanomagnetite Project in Québec, aiming to gather initial data on magnetite and ilmenite concentrates, including the first measurements of concentrate quality [1][4] Group 1: Project Development - The metallurgical assessment is a crucial advancement for the KM98 project, as it will provide essential information regarding the types and quality of concentrates for potential end-users [2] - The company has collected ten large samples, each weighing between 10 to 15 kilograms, from a 240-metre section of the Roadside Occurrence, which includes both massive and semi-massive oxide mineralization [3] Group 2: Testing and Results - Metallurgical testing will be conducted by IOS Géosciences in Chicoutimi, Québec, with initial work focusing on a small set of samples to define processing parameters, which will then be applied to the full suite [4] - The testing program will evaluate recovery and concentrate quality for magnetite, ilmenite, and vanadium, while also collecting additional data on nickel, cobalt, copper, and scandium [4] - Preliminary results from the testing are expected in December 2025, followed by a comprehensive metallurgical report [4] Group 3: Company Overview - Go Metals prioritizes innovation and responsible exploration practices in the pursuit of critical metals within Canada's mining-friendly jurisdictions [5]
American Tungsten Progresses its IMA Mine Rehabilitation
Globenewswire· 2025-09-04 11:30
Core Insights - American Tungsten Corp. is advancing its operational efforts at the IMA Mine to meet the increasing demand for domestic critical minerals [1][3] - The company is focused on safety, transparency, and regulatory compliance as it rehabilitates the mine [3] Operational Update - The rehabilitation of the IMA Mine includes the advanced rehabilitation of the Zero Level access tunnel, totaling 55 feet from the portal entrance [6] - Improvements have been made to the access road leading to the Zero Level portal, including the removal of a legacy water tank [6] - Enhanced safety measures have been implemented, including a new gate at the portal entrance and ongoing site cleanup [6] - Collaboration with the Mine Safety and Health Administration (MSHA) has been established to ensure site access and safety plans [6] Corporate Update - The company has granted 4,099,481 stock options to directors, officers, and consultants, exercisable at $1.10 per share for three years [4] - An investor update webinar is scheduled for September 4th, featuring CEO Ali Haji [5] Project Overview - The IMA Mine is a past-producing tungsten-molybdenum property located in Idaho, with potential for restoring production [7][8] - The company holds an exclusive option to acquire full ownership of the mine, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [8]
GoldHaven Resources Announces Summer Exploration Plans on Magno & Three Guardsman Projects
Globenewswire· 2025-08-21 12:30
Core Viewpoint - GoldHaven Resources Corp. has initiated exploration efforts at its 100%-owned Magno and Three Guardsman projects in Northern British Columbia, with a fully funded exploration program for 2025 aimed at advancing these highly prospective assets [1][2]. Group 1: Magno Project - The Magno Project spans 30,573.53 hectares and is located within the Liard Mining Division, accessible via Highway 37, facilitating future exploration [3]. - The project contains critical metals such as tin, indium, zinc, silver, gold, tungsten, and gallium, which are essential for various industries including electronics and green energy technologies [4]. - The exploration program will employ a ten-person geological team to systematically cover over 30 kilometers of the Cassiar Terrane, focusing on skarn and replacement-style mineralization [5]. - Historical sampling has returned significant values, including 110 to 1,749 ppm tin and up to 5.58% zinc, indicating the project's mineralization potential [6]. - The exploration aims to enhance understanding of critical metals' distribution and refine targets for future geophysical surveys, with the ultimate goal of discovering a gold- and copper-rich system at depth [7]. Group 2: Three Guardsman Project - The Three Guardsman Project consists of 14 contiguous mineral tenures covering 16,234 hectares and is strategically located near Haines Junction [10]. - Historical exploration has identified copper, gold, silver, molybdenum, zinc, and magnetite mineralization, with potential for gold-enriched systems [11]. - The exploration strategy includes geochemical and geophysical surveys to identify granitic intrusions that may represent porphyry sources associated with observed skarn mineralization [12]. - Following the Magno field program, a 10-day exploration campaign is planned for the Three Guardsman Project, building on previous geological mapping and systematic rock sampling [13][15]. - The project is positioned as a compelling opportunity in the search for critical, strategic, and base metals, with a focus on high-priority porphyry and skarn targets [17]. Group 3: Company Overview - GoldHaven Resources Corp. is a Canadian junior exploration company focused on acquiring and exploring highly prospective land packages in North and South America, including the flagship Magno Project and the Three Guardsman Project [19].
American Tungsten Advances Zero Level Rehabilitation at IMA Mine
Globenewswire· 2025-08-20 12:00
Vancouver, BC, Aug. 20, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) ("American Tungsten" or the "Company") American Tungsten is pleased to report significant progress in the ongoing rehabilitation of the Zero Level portal at its IMA Mine site, as part of its commitment to safety, operational excellence, and regulatory compliance. For further updates, visit www.americantungstencorp.com or investor relations, Joanna Longo at ir@americantungstencorp.com. Weekly Progress ...
American Tungsten Corp. Announces Closing of Upsized $7m Financing
GlobeNewswire News Room· 2025-07-24 11:30
Core Viewpoint - American Tungsten Corp. successfully closed an oversubscribed non-brokered private placement, raising gross proceeds of C$7,000,000 by issuing 14,000,000 common shares at C$0.50 per share, indicating strong investor confidence in the company's strategy and vision in the critical metals sector [1][6]. Group 1: Offering Details - The private placement involved the issuance of 14,000,000 common shares at a price of C$0.50 per share, raising gross proceeds of C$7,000,000 [1]. - The company paid cash finder's fees totaling C$253,421.35, which is 3.6% of the gross proceeds, and issued 502,293 common share purchase warrants to finders [2]. - All securities issued are subject to a statutory hold period of four months plus a day, ending on November 25, 2025, with net proceeds allocated for exploration, option payments, mineral property acquisitions, marketing, and general working capital [3]. Group 2: Management Changes - Dennis Logan has been appointed as Chief Financial Officer, bringing over 25 years of experience in financial services and the resource sector [4]. - Ali Haji, the CEO, will also join the Board of Directors, enhancing the company's governance and strategic oversight [5]. Group 3: Strategic Outlook - The financing will accelerate the development plans for the flagship Ima Mine asset in Idaho towards commercial production, reflecting the company's commitment to addressing critical metal scarcity in North America [6][7]. - The Ima Mine Project is a historic underground tungsten property, with the company holding an option for full ownership and expanding its land position with 113 additional federal claims covering nearly 2,000 acres [7].
American Tungsten Corp. Announces Upsize in Private Placement from $2.5 Million to $7.0 Million
GlobeNewswire News Room· 2025-07-17 22:30
Group 1 - American Tungsten Corp. is increasing its non-brokered private placement of common shares from 5,000,000 to a maximum of 14,000,000 shares at a price of $0.50 per share, aiming for aggregate gross proceeds of up to $7.0 million [1][4] - The CEO of American Tungsten Corp. highlighted the growing support for the IMA Project, which is a high-grade tungsten asset with the potential to be the first new tungsten producer in North America, marking a significant milestone towards commercial production [2] - The company will pay finders' fees of up to 7.0% of the gross proceeds raised and issue non-transferable finders' warrants to eligible finders [3] Group 2 - The net proceeds from the offering will be used for exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4] - American Tungsten Corp. is focused on high-potential tungsten and magnetite projects in North America, including the Ima Mine Project in Idaho and the Star Project in British Columbia [6]
American Tungsten Corp. Announces Upsize in Private Placement from $2.5 Million to $7.0 Million
Globenewswire· 2025-07-17 22:30
Core Viewpoint - American Tungsten Corp. is increasing its non-brokered private placement of common shares from 5 million to a maximum of 14 million shares at a price of $0.50 per share, aiming to raise up to $7 million in gross proceeds, indicating strong support for its IMA Project, a high-grade tungsten asset [1][2]. Group 1: Offering Details - The maximum amount to be raised in the private placement has been increased to 14 million shares at $0.50 per share, totaling up to $7 million in gross proceeds [1]. - The company will pay finders' fees of up to 7% of the gross proceeds and issue non-transferable finders' warrants equal to 7% of the shares sold [3]. - The net proceeds from the offering will be used for exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4]. Group 2: Company Overview - American Tungsten Corp. is focused on high-potential tungsten and magnetite projects in North America, particularly advancing the IMA Mine Project in Idaho, which has historical significance as an underground tungsten producer [6]. - The company holds an option to acquire full ownership of the IMA Mine Project, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [6].
American Tungsten Corp. Announces Non-Brokered Private Placement of Shares
Globenewswire· 2025-06-30 22:00
Core Viewpoint - American Tungsten Corp. is proceeding with a non-brokered private placement to raise up to $2,500,000 through the sale of 5,000,000 common shares at $0.50 per share, aimed at accelerating the development of the IMA Tungsten Project and enhancing its position in the North American tungsten supply chain [1][2]. Group 1: Offering Details - The private placement will involve the issuance of up to 5,000,000 common shares at a price of $0.50 per share, generating gross proceeds of up to $2,500,000 [1]. - The company will pay finders' fees of up to 7.0% of the gross proceeds and issue non-transferable finders' warrants equal to 7.0% of the shares sold, allowing the holder to acquire shares at $0.50 for up to 24 months [3]. - The closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, and there is no minimum subscription amount required [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4]. Group 3: Company Overview - American Tungsten Corp. is focused on tungsten and magnetite exploration in North America, particularly advancing the IMA Mine Project in Idaho, which has a historical production background [7]. - The company holds an option to acquire full ownership of the IMA Mine Project, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [7].