Northwire Canada EditionThursday, August 6, 2026
Northwire
ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results

American Tungsten Intersects Hubnerite-Scheelite Mineralization in Initial Drillhole at IMA Mine Project

TUNG · Price

Executive Summary

  • American Tungsten completed its initial drillhole (AT25‑01) at the IMA tungsten project, intersecting multiple vein systems with visible hubnerite and scheelite mineralization.
  • A second hole (AT25‑02) is underway, extending the Phase 1 program toward a planned 10,000 ft of drilling; visual core observations continue to show tungsten‑bearing veins.
  • Assay results are pending; no guarantee that grades will support economic viability, but early visual results are encouraging for future resource expansion.

Key Details

  • Drillhole AT25‑01: Completed 373 ft on 12 Dec 2025; intersected No. 5 vein (12.7 ft, 95–107.7 ft) and No. 7 vein (14.1 ft, 240.2–254.3 ft).
  • Drillhole AT25‑02: Currently ~150 ft deep; intersected No. 5 vein (11.5 ft, 93–104.5 ft); drilling continues with double‑shift schedule to boost productivity.
  • Mineralogy Observed: Hubnerite (MnWO₄) crystals 0.5‑10 mm in quartz veins; Scheelite (CaWO₄) fluorescing blue under UV, often rimmed by hubnerite. Accessory minerals include tetrahedrite, chalcopyrite, galena, molybdenum, pyrite, and fluorite.
  • Core Recovery & Geometry: >90 % recovery within vein material; true vein widths estimated at ~80 % of observed intercepts based on geometry.
  • Assay Status: Samples sent to ALS Minerals (Twin Falls, ID) in December 2025; results not yet received and visual observations are not a guarantee of grade or economic viability.
  • Program Scope: Phase 1 targets five vein systems (No. 5, No. 7, IMA West, Eastern, Main IMA); overall goal to drill ~10,000 ft by end of Q1 2026 to delineate and potentially expand historic tungsten resources.
  • Future Work: Additional holes will fan southward from current intercepts; a second drill station 200 ft north is under development.

Notable Quotes

“The initial drillholes at the IMA project are highly promising for American Tungsten… We are confident this momentum will continue to expand the project's potential and deliver lasting value for our shareholders.” – Ali Haji, CEO

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