American Tungsten & Antimony Delivers Antimony Ingots from Antimony Canyon Project in Utah

Rhea-AI Summary

American Tungsten & Antimony (OTCQB: ATALF) produced its first antimony ingots from material sourced at the Antimony Canyon Project in Utah as part of metallurgical testwork.

The work used an independent third-party facility and follows a Metso Ausmelt concept study and plant design that indicated potential to deliver a smelter within two years. The company says it is fast-tracking exploration, acquisitions and a proposed Nasdaq listing to access larger capital markets.

Positive

• First antimony ingots produced from Antimony Canyon metallurgical testwork
• Metso Ausmelt concept study and plant design completed, showing potential smelter delivery within two years
• Exploration and drilling underway at Antimony Canyon Project supporting project development
• Proposed Nasdaq listing intended to provide access to larger capital markets

Negative

• None.

NEW YORK and GARFIELD COUNTY, Utah, Feb. 5, 2026 /PRNewswire/ -- American Tungsten & Antimony Ltd. (ASX: AT4; OTCQB: ATALF) announced that it has produced its first antimony ingots from material sourced from its Antimony Canyon Project (ACP) in Utah, as part of metallurgical testwork to support ongoing project evaluation.

The work was conducted at an independent third-party metallurgical facility and provides proof-of-concept processing following delivery of a Metso Ausmelt concept study and plant design. More details are available here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03053166-6A1310619&v=undefined.

"Production of our first antimony ingots is an important milestone in our development pathway and follows delivery of a concept study and plant design by Metso, which demonstrated potential to deliver a smelter within two years," said Andre Booyzen, Managing Director and CEO. He added that the company is fast-tracking its plans in the US across many fronts, with exploration and drilling underway at the Antimony Canyon Project, growth of the company's project portfolio by executing strategic acquisition opportunities and positioning the company on a corporate front through a proposed Nasdaq listing to provide access to larger capital markets.

"The production of the ingots comes at a very busy time for us," he affirmed, "and it provides tangible evidence that we are on the right track in helping establish a mine-to-metal critical minerals supply chain in a major global market."

American Tungsten & Antimony (https://www.ataa.com) is working to re-establish domestic production of critical minerals vital to defense, clean energy, and strategic manufacturing supply chains, including antimony via its flagship Antimony Canyon Project and tungsten, at its Sage Hen and Dutch Mountain Tungsten Projects in Nevada/Utah, representative of the company's growing portfolio of US-based projects to help meet increasing demand.

View original content:https://www.prnewswire.com/news-releases/american-tungsten--antimony-delivers-antimony-ingots-from-antimony-canyon-project-in-utah-302679825.html

SOURCE American Tungsten and Antimony

FAQ

What did American Tungsten & Antimony (ATALF) announce on February 5, 2026 about antimony ingots?

They produced their first antimony ingots from Antimony Canyon as metallurgical testwork, demonstrating proof of concept. According to the company, the work was done at an independent third-party metallurgical facility and supports ongoing project evaluation and engineering studies.

Does the Metso Ausmelt study affect ATALF's Antimony Canyon Project timeline?

The study indicated potential to deliver a smelter within two years, suggesting an engineering pathway forward. According to the company, the concept study and plant design underpin fast-tracked development plans and further technical evaluation.

Are the ingots evidence of commercial production for ATALF (OTCQB: ATALF)?

No, the ingots were produced as part of metallurgical testwork and proof-of-concept processing, not commercial sales. According to the company, the results support ongoing evaluation and future plant design rather than immediate commercial output.

What operational activities is American Tungsten & Antimony undertaking at Antimony Canyon in 2026?

The company is conducting exploration and drilling at Antimony Canyon while advancing metallurgical work and engineering studies. According to the company, these activities are part of a fast-tracked plan to develop a mine-to-metal supply chain in the US.

How will the proposed Nasdaq listing affect American Tungsten & Antimony (ATALF)?

The proposed Nasdaq listing is intended to provide access to larger capital markets to support project growth and acquisitions. According to the company, the listing is part of a corporate strategy to finance development and expand its US project portfolio.