Northwire Canada EditionWednesday, September 9, 2026
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GOLD 4400.50 −1.7% SILVER 67.00 +0.4% COPPER 6.78 +1.4% OIL 94.25 +3.0% PALLADIUM 1362.25 −3.0% CTGO 27.47 +0.3% SMRV 0.170 +0.0% APN 0.015 +0.0% PMET 4.49 −2.2% TORC 0.050 +0.0% ELD 60.51 +1.6% SOI 0.205 +5.1% ELE 28.99 −1.6% IDEX 0.660 +0.0% GRDM 0.140 +0.0% KLDC 0.415 −3.5% ACDC 0.030 +0.0% CELL 0.020 +33.3% TRO 0.120 +0.0% LKY 0.005 +0.0% STW 0.095 +0.0% GOLD 4400.50 −1.7% SILVER 67.00 +0.4% COPPER 6.78 +1.4% OIL 94.25 +3.0% PALLADIUM 1362.25 −3.0% CTGO 27.47 +0.3% SMRV 0.170 +0.0% APN 0.015 +0.0% PMET 4.49 −2.2% TORC 0.050 +0.0% ELD 60.51 +1.6% SOI 0.205 +5.1% ELE 28.99 −1.6% IDEX 0.660 +0.0% GRDM 0.140 +0.0% KLDC 0.415 −3.5% ACDC 0.030 +0.0% CELL 0.020 +33.3% TRO 0.120 +0.0% LKY 0.005 +0.0% STW 0.095 +0.0%
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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Aug 20, 2026 · 07:01

American Tungsten reports a maiden inferred resource at Apex with high-grade tungsten, though the project's economic viability remains untested.

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Drill Results Jun 04, 2026 · 17:03

American Tungsten uses its $40 million war chest to restart Idaho underground operations and expand tailings processing to drive future catalysts.

Production / Operations