Vancouver, BC, Sept. 04, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) American Tungsten is pleased to provide an operational update, as it advances its vision to capitalize on the growing demand for domestic critical minerals. The Company continues its rehabilitation of the portals and adits at its IMA Mine site, laying a safe and environmentally sustainable foundation for its future drill program. IMA Mine Rehabilitation Progres ...

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].

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 ...

Vancouver, BC, July 24, 2025 (GLOBE NEWSWIRE) -- American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) is pleased to announce, further to its news releases of June 30, 2025 and July 17, 2025, the successful closing of its oversubscribed non-brokered private placement (the “Offering”). Pursuant to the Offering, the Company issued 14,000,000 common shares (the “Shares”) at a price of C$0.50 per Share raising gross proceeds of C$7,000,000. The strong demand from inst ...

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]

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].

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].

Core Viewpoint - American Tungsten Corp. has appointed James Whittaker to its Board of Directors, replacing Adam Virani, who has resigned from the Board [1][4]. Group 1: Board Changes - James Whittaker brings over 35 years of global leadership experience in the mining and metals industry, enhancing the Board's capabilities [2][4]. - Adam Virani has been acknowledged for his valuable contributions and technical expertise during his tenure [1]. Group 2: Executive Background - Mr. Whittaker is currently the Chief Operating Officer for Capstone Copper, overseeing operations in Chile, the U.S., and Mexico [2]. - He previously served as President of Escondida for BHP, managing the world's largest copper operation, and has held senior roles at OceanaGold and Barrick [3]. Group 3: Company Overview - American Tungsten Corp. is involved in the acquisition and exploration of magnetite mineral properties, with significant projects including the Star Project and the IMA Mine Project [5]. - The Star Project covers approximately 4,615.75 hectares in British Columbia, while the IMA Mine Project is a past-producing underground tungsten mine located in Idaho [5].