Northwire Canada EditionWednesday, July 29, 2026
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Production / Operations

American Tungsten Announces Updates on Its IMA Project and Investor Relations Efforts

TUNG · Price

Executive Summary

  • American Tungsten expanded its Phase 1 drilling program to ~10,000 ft across five stations (three on D Level, two on Zero Level) to test continuity of the polymetallic tungsten quartz vein system.
  • Access excavation at D Level is 54% complete and the first diamond drill station is expected to be reached by the end of next week; Zero Level rehabilitation is also slated for completion shortly.
  • The company will host a live investor webinar on Nov 18, 2025 (10 AM ET) led by CEO Ali Haji, and has entered into a $48,000 USD marketing services agreement with Gold Standard Media.

Key Details

  • Phase 1 Drilling Scope: ~10,000 ft of diamond drilling across five stations (D Level: 3 stations; Zero Level: 2 stations).
  • D Level Access Progress: Approximately 54% complete (~100 ft excavated); remaining ~86 ft to be finished by end of next week.
  • Equipment On‑Site: Drill rig and power packs are positioned underground, ready for mobilization once the first station is expanded and bolted.
  • Work Schedule: Contractor is double‑shifting work on D Level to accelerate the Phase 1 timeline.
  • Zero Level Rehabilitation: Remaining visible debris expected cleared by end of next week; will enable access to previously rehabilitated drifts and assessment of any further rehabilitation needed for drilling.
  • Staffing: Additional staff secured to parallelize Zero Level work with D Level activities.
  • Phase 2 Planning: Initial planning underway for Phase 2 diamond drilling, extending the program into Q1 2026.
  • Investor Webinar: Hosted by CEO Ali Haji on Tuesday, November 18, 2025 at 10 AM ET / 7 AM PT; includes corporate update, upcoming milestones, industry news, and Q&A. Registration link provided.
  • Marketing Agreement: Entered into a cash‑only agreement with Gold Standard Media, LLC for digital marketing services (landing pages, email, influencer marketing) at a fee of $48,000 USD.

Notable Quotes

(No direct quotes were included in the release.)

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