Northwire Canada EditionFriday, July 10, 2026
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TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.41 +7.7% TUNG 1.72 +1.8% LGO 0.990 −4.8% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.29 −2.2% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.315 −1.6% DEX 0.390 +1.3% WMS 0.040 +0.0% EMPR 0.830 +1.2% SAGA 0.485 +1.0% TTS 2.50 +0.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.41 +7.7% TUNG 1.72 +1.8% LGO 0.990 −4.8% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.29 −2.2% SGZ 0.045 +0.0% S 0.155 +29.2% GRSL 0.315 −1.6% DEX 0.390 +1.3% WMS 0.040 +0.0% EMPR 0.830 +1.2% SAGA 0.485 +1.0%
Drill Results Routine +

American Tungsten Reports Strong Drilling Results from Lower D-level

American Tungsten expands Idaho's Ima Mine footprint with high-grade intercepts, though the pre-revenue status and dilution risk remain key considerations.

By The Northwire Desk — AI Analysis Jun 09, 2026 · 07:01 TUNG · 2.05 American Tungsten Corp
Executive Summary
  • American Tungsten Corp. reported additional assay results from the D-level of the Ima Mine in Idaho.
  • Highlighted intercepts include 24 ft at 0.75% WO3 and 3.06 oz/t Ag in the No. 5 vein, alongside high-grade intervals of 4.4 ft at 1.78% WO3 in newly defined footwall veins.
  • The company is executing its largest drill program in history with four active rigs, advancing Phase 2 exploration to systematically grow the mineralized footprint.
  • The strategic goal remains positioning the Ima Mine for a potential underground restart and establishing North American tungsten production.
Material Impact
  • The drilling results are consistent with the company's ongoing 35,000 ft exploration campaign announced in May 2026.
  • Intercepts align with previous updates, confirming continuity and scale of the polymetallic tungsten-silver system.
  • No new strategic shifts, M&A, or financing events are introduced in this release.
  • The news serves as an execution update rather than a fundamental re-rating event.
TUNG · Price
Company Overview
  • American Tungsten Corp. is a pre-revenue exploration and development-stage company focused on the IMA Mine project in Idaho, USA.
  • The IMA Mine is a historic underground tungsten producer (1945-1957) with approximately 199,449 MTUs of WO3 produced.
  • The company's strategy involves a two-track approach: Phase I focuses on tailings evaluation and potential processing, while Phase II targets the underground mine rehabilitation and restart.
  • The company transitioned its listing to the TSX Venture Exchange (TSXV) under the ticker "TUNG" in May 2026.
Read the original news release →

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