American Tungsten Corp. Advances Exploration Plans for Ima Mine with NI 43-101 Report and 2025 Drill Strategy

June 11th, 2025 1:05 PM
By: Newsworthy Staff

American Tungsten Corp. has detailed its exploration strategy for the Ima Mine in Idaho, including a NI 43-101 technical report and plans for summer 2025 drilling, aiming to expand known mineralization and assess potential resources.

American Tungsten Corp. Advances Exploration Plans for Ima Mine with NI 43-101 Report and 2025 Drill Strategy

American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) has taken a significant step forward in its exploration efforts at the Ima Mine in Idaho with the publication of a NI 43-101-compliant technical report. This document lays the groundwork for the company's summer 2025 exploration program, which includes the rehabilitation of the D level to facilitate underground drilling and bulk sampling for metallurgical testwork. The exploration targets identified in the report include extensions of the No. 5 and No. 7 veins, the southwest continuation of the West Ima vein, the Eastern Vein system, and deeper portions of the main Ima vein, with additional exploration potential across Patterson Creek.

The significance of this development lies in the potential to expand known mineralization areas and to assess the viability of extracting mineral resources. CEO Ali Haji highlighted the opportunity presented by historical drilling data from Gentor and Inspiration, which suggests low-risk avenues for expanding mineralization beyond previously mined zones. However, the company cautions that the target grades and tonnages are conceptual at this stage, based on unverified historical data, and emphasizes the need for further exploration to define any mineral resources accurately.

This announcement is crucial for stakeholders in the mining industry and investors, as it outlines American Tungsten Corp.'s strategic approach to unlocking the value of the Ima Mine. The planned exploration activities could significantly impact the company's resource base and, by extension, its valuation and the tungsten market. Tungsten, known for its high melting point and strength, is a critical mineral used in various industrial applications, including aerospace, defense, and electronics. The advancement of the Ima Mine project underscores the ongoing demand for tungsten and the importance of sustainable and efficient exploration practices in meeting global needs.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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