American Tungsten Provides Operational Update on Its IMA Mine Rehabilitation and Proposed Diamond Drill Program
American Tungsten (OTCQB: TUNGF) provided an operational update on IMA Mine rehabilitation and an expanded first-phase diamond drill program dated November 5, 2025. Following a closed non-brokered LIFE financing, the planned diamond drilling footprint increases from ~5,400 ft to > 10,000 ft across five stations on D Level and Zero Level, with drilling expected to start before the end of November.
Site work: ~1,100 ft of underground drift rehabilitated to the initial cross-cut; D Level excavation is ~25% complete (48 ft done, ~138 ft remaining); two diamond rigs are secured; contractor will double-shift to accelerate work; Minetech USA contracted for mine planning and geotechnical support.
American Tungsten (OTCQB: TUNGF) ha fornito un aggiornamento operativo sulla riabilitazione della miniera IMA e su un’espansione del programma di trivellazione a diamante della prima fase, datato 5 novembre 2025. A seguito di un finanziamento LIFE chiuso senza intermediazione di broker, l’area prevista di trivellazione a diamante aumenta da ~5.400 ft a > 10.000 ft su cinque stazioni al Livello D e al Livello Zero, con l’inizio delle trivellazioni previsto entro la fine di novembre.
Riguardo al cantiere: ~1.100 ft di drift sotterranei convertiti al primo incrocio; l’escavazione al Livello D è ~25% completa (48 ft realizzati, ~138 ft rimanenti); due trivelle a diamante sono assicurate; l'appaltatore lavorerà a doppissimo turno per accelerare i lavori; Minetech USA è stato incaricato della pianificazione della miniera e del supporto geotecnico.
American Tungsten (OTCQB: TUNGF) proporcionó una actualización operativa sobre la rehabilitación de la Mina IMA y un programa ampliado de perforación diamante de la primera fase, con fecha 5 de noviembre de 2025. Tras un financiamiento LIFE cerrado sin corredor, la huella prevista de perforación diamante pasa de ~5.400 pies a > 10.000 pies a lo largo de cinco estaciones en el Nivel D y el Nivel Cero, y se espera que la perforación comience antes de fin de noviembre.
Trabajo en el sitio: ~1.100 pies de socavón subterráneo rehabilitado hasta el cruce inicial; la excavación del Nivel D está ~25% completa (48 pies realizados, ~138 pies pendientes); se aseguraron dos perforadoras de diamante; el contratista trabajará a doble turno para acelerar el trabajo; Minetech USA contratado para planificación de la mina y apoyo geotécnico.
American Tungsten (OTCQB: TUNGF)는 IMA 광산 재활 및 1단계 다이아몬드 시추 프로그램의 확대에 대한 운영 업데이트를 2025년 11월 5일자로 발표했습니다. 브로커 없이 종료된 비 브로커 LIFE 자금조달 이후, 다이아몬드 시추 범위가 D 레벨과 제로 레벨의 다섯 지점에 걸쳐 약 5,400 ft에서 > 10,000 ft로 증가하며 시추는 11월 말 이전에 시작될 예정입니다.
현장 작업: 지하 드리프트 약 1,100 ft를 초기 교차점까지 재건; D 레벨 발굴은 약 25% 완료(48 ft 완료, 남은 약 138 ft); 다이아몬드 굴착기 2대 확보; 시공사는 작업 속도를 높이려 이중 교대 근무를 할 예정; Minetech USA가 광산 계획 및 지반 기술 지원 계약을 체결.
American Tungsten (OTCQB: TUNGF) a fourni une mise à jour opérationnelle sur la réhabilitation de la mine IMA et sur un programme d’exploration diamant à diamant de la première phase élargi, daté du 5 novembre 2025. Suite à un financement LIFE fermé sans courtier, l’emprise de forage diamant prévue passe de ~5 400 pieds à > 10 000 pieds répartie sur cinq stations au niveau D et au niveau Zéro, et le forage devrait commencer avant la fin novembre.
Travaux sur site : ~1 100 pieds de veines souterraines réhabilitées jusqu’au premier croisement; l’excavation du niveau D est ~à 25% complète (48 pieds réalisés, ~138 pieds restants); deux foreuses diamant sont sécurisées; l’entrepreneur opérera en double équipe pour accélérer les travaux; Minetech USA chargé de la planification minière et du soutien géotechnique.
American Tungsten (OTCQB: TUNGF) gab ein operatives Update zur Sanierung der IMA-Mine und zu einem erweiterten Phasen-1-Diamantbohrprogramm bekannt, datiert 5. November 2025. Nach einer geschlossenen LIFE-Finanzierung ohne Broker wird die geplante Diamantbohrfläche von ca. 5.400 ft auf > 10.000 ft über fünf Stationen auf Level D und Level Zero erweitert, wobei der Bohrbeginn vor Ende November erwartet wird.
Standortarbeiten: ca. 1.100 ft unterirdischer Drift bis zur ersten Querverbindung rehabilitiert; Ausgrabung Level D etwa zu 25% abgeschlossen (48 ft erledigt, ca. 138 ft verbleiben); zwei Diamantbohrgeräte gesichert; Auftragnehmer wird auf Doppelschicht arbeiten, um die Arbeiten zu beschleunigen; Minetech USA mit Bergbauplanung und geotechnischer Unterstützung beauftragt.
American Tungsten (OTCQB: TUNGF) قدمت تحديثاً تشغيلياً حول إعادة تأهيل منجم IMA وبرنامج حفر ماسوني للمرحلة الأولى وتوسيعه، بتاريخ 5 نوفمبر 2025. عقب تمويل LIFE مغلق من دون وسيط، يزداد نطاق حفر الماس المخطط من نحو 5,400 قدم إلى > 10,000 قدم عبر خمس محطات في المستوى D والمستوى الصفري، مع توقع بدء الحفر قبل نهاية نوفمبر.
أعمال الموقع: تم تأهيل نحو 1,100 قدم من النفق تحت الأرض حتى التقاطع الأول؛ اكتملت أعمال الحفر في المستوى D بنسبة ~25% (تم إنجاز 48 قدم، المتبقي ~138 قدم); تم تأمين جهازين لحفر الماس؛ سيقوم المقاول بنظام ورديتين لتسريع الأعمال؛ تعاقدت Minetech USA لتخطيط المنجم والدعم الجيوتقني.
- Drill program increased from ~5,400 ft to >10,000 ft
- Non-brokered LIFE financing closed enabling expansion
- Two diamond drill rigs secured for D and Zero levels
- Approximately 1,100 ft of underground drift rehabilitated
- D Level excavation ~25% complete (48 ft done, ~138 ft remaining)
- Zero Level access has ~125 ft of blockages to remove
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK9) ("American Tungsten" or the "Company is pleased to share continued progress on its rehabilitation efforts at the IMA Mine in Patterson, Idaho, with new operational milestones achieved during the week ending October 31, 2025.
Following the Company's recent successful close of its non-brokered LIFE financing, the scope of the first phase of drilling will now be expanded to include targeted diamond drill positions at the Zero Level. In the first phase of diamond drilling, this will increase the original drill program of ~5,400 ft. to over 10,000 ft. at five planned stations (originally three) spread between both the D Level and the Zero Level drifts. Furthermore, the Company's drilling & services contractor plans to double-shift schedule to expedite these efforts through the end of the year. It is expected that the start of the Company's first phase of drilling will occur before the end of November.
Additional IMA Mine work progress and updates are as follows.
Laying the Foundation
- Access roads and switchbacks to access both the D Level and Zero Level have been further improved and all services have now been installed to support the Company's underground excavation work and diamond drill program;
- The Company's core shed is in the process of being equipped and readied with additional staff hired to support future core sampling and assaying activities; and
- The Company will be contracting Minetech USA, LLC, a private engineering firm based in Butte, Montana, who will provide mine planning and geotechnical engineering expertise to the Company's tungsten development plans.
D Level Progress
- Approximately 1,100 ft. of underground access drift has now been rehabilitated to the initial cross-cut location that will support the first phase of diamond drilling;
- Excavation of the new access drift has already commenced towards the first diamond drill station and is ~
25% complete (~48ft.) with ~138ft. of excavation remaining; - An underground rig has been secured for drill activities planned at the D Level and is now on the property;
- Office and storage facilities are now in place at the base of the canyon, and additional personnel have been procured to support the upcoming drill program scheduled for November; and
- The D level surface portal area has been finalized to include a small container office, generator, water storage, and a laydown area for materials
Zero Level Progress
- The Company has decided to immediately resume rehabilitation efforts at the Zero Level in order to support an expanded first phase of diamond drilling (with plans to setup two drill stations at the Zero Level);
- The Contractor has now further progressed rehabbing the Zero Level access drift to remove and re-support the remaining blockages (located ~125 ft. from the portal entrance), and this work should be completed in the next two weeks; and
- The Contractor has now sourced and secured a second diamond drill rig that will support the drill activities planned at the Zero Level
"Our team continues to lay a solid operational foundation for the IMA Mine ahead of our planned diamond drilling program in November," stated Ali Haji, CEO of American Tungsten. "Accelerating our drilling program will put the company in a stronger position for its development and production efforts in the lead-up to 2026. Additionally, following China's announcement this week of further export controls on tungsten until 2027, American Tungsten is well-placed to become the domestic supplier of this critical mineral as we continue to plan for full-scale production."
American Tungsten intends to provide continual operational updates as rehabilitation and exploratory drilling progresses at its IMA Mine site location.
D Level Portal Area
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Base of Canyon - New Office Container
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Zero Level Access Drift - Additional Support Installed
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Diamond Drill mobilized to Site
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Diamond Drill mobilized to site
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Zero Level - Rehabbing of the access drift
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ABOUT AMERICAN TUNGSTEN CORP.
American Tungsten Corp. is a Canadian exploration company focused on high-potential tungsten and magnetite assets in North America. The Company is advancing the Ima Mine Project in Idaho to commercial production, addressing critical metal scarcity in North America. The Company's Ima Mine Project is a historic and high-quality underground tungsten past-producing property on private-patented land well above the water table with significant infrastructure. The Company holds an exclusive option to acquire full ownership (subject to a
For further updates, visit www.americantungstencorp.com or investor relations, Joanna Longo at ir@americantungstencorp.com.
Social media links:
LinkedIn: https://www.linkedin.com/company/americantungstencorp/
X: https://x.com/amtungsten
Facebook: https://www.facebook.com/americantungstencorp/
Instagram: https://www.instagram.com/americantungstencorp/
YouTube: https://www.youtube.com/@americantungstencorp
For further information, please contact:
Ali Haji
Chief Executive Officer
Email: ahaji@americantungstencorp.com
Phone: +1 647 871 4571
CSE: TUNG
OTCQB: TUNGF
FSE: RK9
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.
This news release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements may include but are not limited to, statements relating to the completion of the Offering on the terms described herein or at all, and the use of proceeds and available funds following the completion of the Offering and are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Company undertake no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law. Images in this press release are for illustrative purposes only and do not represent the grade or quantity of mineralization which may be present. Visual estimates of mineralization quantity are not a substitute for laboratory analyses. Laboratory analyses from samples have not been received and there is no guarantee that results will demonstrate presence of mineralization at economically significant quantities. Laboratory analyses are expected in 6-8 weeks.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273246
FAQ
What change did American Tungsten (TUNGF) announce to the IMA Mine drill program on November 5, 2025?
When does American Tungsten expect to start the first phase of drilling at IMA Mine (TUNGF)?
How did American Tungsten (TUNGF) fund the expanded IMA Mine drill program?
What operational progress was reported for the D Level at IMA Mine (TUNGF)?
What work remains at the Zero Level ahead of diamond drilling for American Tungsten (TUNGF)?
Will American Tungsten (TUNGF) accelerate site work at IMA Mine and how?
