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 125 Feet of Tungsten-Silver Mineralization

American Tungsten targets Q3 resource definition at the IMA Mine with consistent drill results and a $40M war chest.

By The Northwire Desk — AI Analysis Jun 23, 2026 · 07:01 TUNG · 2.09 American Tungsten Corp
Executive Summary
  • American Tungsten Corp. reported drill results from the zero level of its Ima Mine project in Idaho.
  • Drill hole AT26-21 intersected over 125 aggregate feet of tungsten-silver mineralization, including high-grade intervals up to 1.286% WO3 and 2.751 oz/t Ag.
  • The intersection confirms a broader-scale secondary W-Ag vein system approximately 100 feet east of historic production stopes.
  • Hole AT26-25 extended known molybdenum mineralization within the Ima intrusive stock and intersected tungsten-bearing quartz veins at depth.
  • Management reaffirmed its Phase 2 exploration strategy, targeting a "meaningful resource" by the end of the third fiscal quarter.
  • Four drill rigs (two surface, two underground) remain active as part of the ongoing 35,000-foot campaign.
Material Impact
  • The results are consistent with the company's established exploration roadmap and previous positive drill announcements.
  • They validate the geological continuity of the Ima system and support the technical feasibility of an underground restart.
  • No new financial guidance, major strategic pivot, or capital raise is introduced.
  • The news reinforces the exploration thesis but does not materially alter the capital requirements, timeline, or risk profile.
  • Impact is incremental to the existing narrative, serving as a follow-up to the company's ongoing Phase 1/2 drilling program.
TUNG · Price
Company Overview
  • American Tungsten Corp. is a pre-revenue exploration and development company focused on the IMA Mine in Idaho, USA.
  • The IMA Mine is a historic underground tungsten producer (1945-1957) that generated ~199,449 MTU of WO3.
  • The company operates a two-track development platform: Phase I focuses on tailings evaluation and potential processing, while Phase II targets the underground mine restart.
  • The company recently transitioned its listing from the CSE to the TSX Venture Exchange (ticker: TUNG) in May 2026.
  • Strategic exposure to the tungsten sector is expanded through a minority investment in Viking Mines Ltd. (VKA).
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 09, 2026 · 07:01

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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