Announcement • Apr 30
American Tungsten Corp., Annual General Meeting, Jun 29, 2026 American Tungsten Corp., Annual General Meeting, Jun 29, 2026. Location: ontario, toronto Canada Announcement • Mar 19
American Tungsten Corp. announced that it has received CAD 34.7844 million in funding On March 18, 2026, American Tungsten Corp. closed the transaction. The company issued 14,286,450 units at a price of CAD 2.80 for gross proceeds of CAD 40,002,060 that includes 12,423,000 units at a price for gross proceeds of CAD 34,784,400 as part of the offering and issued 1,863,450 units for gross proceeds of CAD 5,217,660 as part of exercised overallotment option. Each Unit consists of one Class A common share of the Company and one-half of one Class A common share purchase warrant. Each Warrant entitles the holder thereof to purchase one Class A common share of the Company at a price of CAD 3.75 on March 18, 2029. The Underwriters received a cash commission of approximately CAD 2,400,123 equal to 6.0% of the gross proceeds of the Offering. As additional consideration for their services, the Underwriters were also issued 857,187 broker warrants (the "Broker Warrants") equal to 6.0% of the number of Units issued pursuant to the Offering. Each Broker Warrant entitles the holder thereof to subscribe for one Class A common share of the Company at the Offering Price until March 18, 2028..The Offering remains subject to the policies of the Canadian Securities Exchange. Announcement • Mar 14
American Tungsten Corp. Initiates Auger Drilling Program in Historical Lower Tailings Impoundment At Ima Mine Site, Lemhi County Idaho American Tungsten Corp. announced initiation of an auger drilling program in the historical lower tailings impoundment on the IMA Mine site, Lemhi County Idaho. Drilling activities will be conducted over 30 acres of historical tailings left from previous mine activities. Preliminary samples of historical tailings collected in shallow trenches average 0.25% WO3 and 0.48 oz/t Ag, as reported January 20, 2026. American Tungsten has contracted Haz-Tech Drilling Inc, of Nampa, ID, to conduct hollow stem auger drilling in the tailings area. Currently, 35 drillholes are planned totaling approximately 370 feet to delineate tailings thickness and collect samples for assay and in-situ density. The duration of the drilling program is approximately 1 week. Historical tailings from past mining activities are present over an area of approximately 30 acres on the IMA Mine's land package within the Pahsimeroi valley, known as the Lower Tailings Impoundment. Historical operators estimated the Lower Tailings Impoundment to contain 222,000 cubic yards of tailings. As reported previously, preliminary sampling of tailings materials in 5 shallow test pits averaging 3.5 ft deep spaced approximately 500 ft apart average 0.235 % WO3 and 0.45 oz/t Ag. These samples were submitted to Sepro Laboratories for preliminary metallurgical test work in January 2026. Results will be announced when test work is completed. Announcement • Mar 02
American Tungsten Corp. announced that it expects to receive CAD 34.7844 million in funding American Tungsten Corp. announced a bought deal private placement of 7,150,000 units at a price of CAD 2.80 per unit (the "offering price") for aggregate gross proceeds of CAD 20,020,000 on March 2, 2026. Each unit will consist of one class A common share and and one-half of one Class A common share purchase warrant. Each warrant will be exercisable to acquire one common share at an exercise price of CAD 3.75 per common share for a period of 36 months following the closing date. The company has granted the underwriters an option, exercisable up to 48 hours prior to the closing date, to purchase for resale up to an additional 15% of units to be sold under the offering at the offering price for additional gross proceeds of up to CAD 3,003,000. The offering is scheduled to close on or about March 18, 2026, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals. The offering is subject to the policies of the Canadian Securities Exchange. The securities issued pursuant to the offering will subject to a four-month hold period in accordance with applicable Canadian securities laws and the rules of the Exchange.
On the same day, the company amended the term of transaction ,now will issue 12,423,000 units at an issue price of CAD 2.80 for the proceeds of CAD 34,784,400. The Company has granted the Underwriter an option (the "Underwriter's Option") to purchase (or arrange for substituted purchasers to purchase) up to an additional 1,863,450 Units at the Issue Price on the same terms and conditions as the Offering. The Underwriter's Option will be exercisable, in whole or in part, at any time up until 48 hours prior to the closing of the Offering. Each Unit will consist of one Class A common share (a "Common Share") and one half of one Class A common share purchase warrant of the Company. Each Warrant will be exercisable to acquire one Common Share for a period of 36 months following the closing date of the Offering at an exercise price of CAD 3.75 per common share. Announcement • Feb 26
American Tungsten Corp. Reports Drilling Results from IMA Project, Expands Tungsten-Silver Mineralization American Tungsten Corp. reported additional tungsten-silver assay results from its on-going underground drilling program at the IMA Mine, Lemhi County, Idaho. Drilling to date has expanded the extent of the No. 5 - No.7 vein system over 300 feet up-dip of the D-level and over 350 feet along strike. Drill Result Highlights: 14.2 ft grading 0.67% WO3 and 1.15 oz/t Ag in hole AT25-06; and 17 ft grading 1.28% WO3 and 3.53 oz/t Ag in hole AT25-07. Drillholes AT26-06 and AT26-07 were drilled to expand limits of mineralization up-dip from drillhole AT25-01, as reported February 10, 2026. Both drillholes intersected the No. 5 and No. 7 veins, which have now been delineated over 300 feet up-dip from the D-level. Drillhole AT26-07 intersected the No 7 vein from 273-298 ft, but assay results for this interval of hole have not yet been received. Drillhole AT26-05 was drilled south-southwest oblique to the vein strike direction and intersected multiple broad zones of sheeted quartz veining containing hubnerite-tetrahedrite mineralization including 20.6 ft grading 0.25% WO3 and 11 ft grading 0.23% WO3. These intercepts establish continuity of mineralization over 350 south of intercepts in AT25-01. Additional drilling from locations 400 ft to the north is designed to further test the vein system up-dip and along strike. New drillhole results are reported in Table 1 below, and assays for additional completed drillholes are pending. American Tungsten has completed 11 drillholes on the D level and three drillholes on the Zero level totaling approximately 5000 feet. Drilling on the zero level is being conducted in a series of upward inclined fan holes from new drill stations in the footwall of the No.5 and No.7 vein systems. Mineralization in the principal veins consists of variable assemblages of hubnerite, scheelite, tetrahedrite, galena, sphalerite, and chalcopyrite, plus fluorite and rhodochrosite. Additional mineralization is associated with minor veins and stockworks within intervening metasedimentary host rocks. Phase 1 Drill Program: Drilling operations are ongoing from the second D level drill station and excavation of the drift to the third drill station is underway. Currently, at least six additional holes totaling approximately 2800 feet are planned from on the D level and more holes may be added to the program based on results. Drilling and mine rehabilitation operations are also being conducted on the Zero level. Drilling on the zero level will include up to 20 holes totaling approximately 10,000 feet from three locations. About the IMA Mine: The IMA Mine is a past producing underground tungsten mine situated on 22 patented claims located in East Central Idaho. Between 1945 and 1957, the property produced approximately 199,449 MTUs of WO3 and was subsequently explored for molybdenum and tungsten by various operators between 1960-2010. American Tungsten Corp. is currently conducting an exploration drill program and assessing potential for re-start of underground tungsten mining operations at the IMA Mine. Sampling Methodology: Drillholes were completed using a Hagby 1000 drill rig with NQ sized rods. Drill core was transferred to American Tungsten geologists under chain of custody and stored in a secure facility. Drill core was logged for lithology, alteration, mineralization, and structure prior to sampling. Sample number tags were affixed to core boxes and core marked for sawing. Core was sawn in half, with one half submitted for analysis and the remaining half retained for reference. Samples were collected at approximate 5 foot intervals in wall rock and shorter intervals within vein mineralization, with sample lengths adjusted to geological boundaries where appropriate. Samples were submitted for assay to ALS Global in Twin Falls, Idaho. Announcement • Jan 21
American Tungsten Corp. Reports Significant Tungsten in Underground Sampling American Tungsten Corp. reported high-grade tungsten-silver assay results from underground channel sampling at the IMA Mine. Additional surface sampling results confirm extension and continuation of tungsten mineralized quartz veins beyond primary mine area, and significant mineralization in historical tailings. Exploration Sampling Highlights: Underground samples from the No.5 vein average 1.04% WO3 and 2.70 oz/t Ag, over an average width of 5.0 ft.;. Surficial rock chip sampling identified tungsten-silver mineralization in quartz veins exposed at surface over significant widths; and. Preliminary samples of historical tailings average 0.25% WO3 and 0.48 oz/t Ag. Sampling Methodology and Results. Fifth underground channel samples were collected on the D level from the No. 5 vein drift and new crosscut to first drill station. Sampling primarily to validate historical sampling by Inspiration Development company conducted in 1979, and to sub-sample different vein phases across the No. 5 vein. Tungsten bearing quartz veins are variably mineralized with hubnerite, scheelite, tetrahedrite, galena, sphalerite, and chalcopyrite, plus fluorite and rhodochrosite. Sampling Methodology and results. 15 underground channel samples were collected on The D level from the No.5 vein drift and new cross cut to first drill station. Samples were collected primarily to validate historical sampling byInspiration Development company conducted in 1979 and to sub-sample different veins phases across the No. 5 veins. Tungsten bearing quartz vein are variably mineralized with Hubnerite,Scheelite, tetrahedite, galena, sphalelite, and chalcopynite, plus fluorite and Rhodochrosite. Samples were generally collected as continuous chip or saw cut channels across the full width of the vein, but some samples are less than true width. Samples were submitted for assay to ALS Global in Twin Falls, Idaho, in November 2025. WO3 and MoS2 % values are calculated from ppm analyses based on stoichiometry factors of 1.2611 and 1.668. About the IMA Mine. The IMA Mine is a past producing underground tungsten mine situated on 22 patented claims located in East Central Idaho. Between 1945 and 1957, the property produced approximately 199,449 MTUs of WO3 and was subsequently explored for molybdenum and tungsten by various operators between 1960-2010. American Tungsten Corp. is currently conducting an exploration drill program and assessing potential for re-start of underground tungsten mining operations at the IMA Mine. QA/QC and Sample Analysis. American Tungsten Corp.'s Quality Assurance and Quality Control QA/QC program applies industry standard best practices to ensure data quality and integrity for the IMA Mine project, including maintaining chain of custody, secure sample transport and storage, adherence to data collection protocols and inclusion of certified reference, blank and duplicate quality assurance samples in laboratory submissions. Samples were collected by professional geologists and efforts were made to ensure geological representativity of samples. Announcement • Jan 14
American Tungsten Corp. Advances Underground Drill Program at IMA Mine American Tungsten Corp. announced an update on advancing the underground drill program at the IMA mine. To date, 2,120 feet of drilling consisting of six holes has been completed. Drill Program Highlights: at the first D-Level drill station to be completed. 2,120 feet across six holes completed since early December, with the final hole from the first D-Level drill stations now underway;. Drilling continues to intersect quartz veins with hubnerite (MnWO4) mineralization; vein intersections occur over an area 400 feet along strike and 250 feet up-dip from the D-level; An additional 3,850 feet of drilling planned across nine holes from the second and third D-Level drilling stations as part of the Phase 1 Program;. Underground rehabilitation advancing on both, the upper D Level and the Zero Level, to support ongoing drilling activity; and. Zero Level drill program expanded from 6,700 to 8,000 feet with the addition of a new drill station for Phase I and II Programs. The IMA Mine is a past producing underground tungsten mine situated on 22 patented claims located in East Central Idaho. Between 1945 and 1957, the property produced approximately 199,449 MTUs of WO3 and was subsequently explored for molybdenum and tungsten by various operators between 1960-2010. American Tungsten Corp. is currently conducting an exploration drill program and assessing potential for re-start of underground tungsten mining operations at the IMA Mine. The Company's Phase 1 drill program is focused on five priority exploration targets consisting of the No. 5 and No. 7 Vein systems, the IMA West Vein, the Eastern Vein, and the Main IMA Vein. The program was designed to systematically test multiple sheeted tungsten veins up-dip and along strike of historical resources defined on the "D-Level" of the IMA mine. The objective of the Company's Phase 1 program is to further delineate these historically identified tungsten vein systems and address compelling low-risk targeted areas for expansion of known mineralization by the end of First Quarter 2026. Hubnerite bearing quartz veins have been intersected in all drillholes, consistent with those described in the press release dated December 18th, 2025. The No5 and No7 veins are interpreted to be laterally continuous between drillholes. Analytical results from this drilling are pending and there is no guarantee that assay results will verify visual observations of mineralization, grade, or economic viability. Plan map of the D Level showing recently completed drillholes. Announcement • Nov 20
American Tungsten Corp. Announces Management Changes American Tungsten Corp. appointed Carolyn Loder to its Board of Directors. Ms. Loder brings decades of leadership in mineral rights, permitting, and stakeholder engagement, having served in senior roles across both private and public sectors. Her expertise in navigating complex regulatory landscapes and building consensus among diverse interest groups will be instrumental as American Tungsten scales its operations. Ms. Loder currently serves as a Director for Integra Resources and K2 Gold and is a Board Advisor to Kodiak Copper. In 2023, she became the first living woman and first woman in more than a century to be inducted into the U.S. National Mining Hall of Fame. As a key member of American Tungsten's management team, Mr. Austin Zinsser will step down from the Board of Directors, and will be focusing all of his efforts on his continuing role as Vice President of Exploration. The Company also announced that Murray Nye will be stepping down from the role of President and will move to Advisor. Announcement • Oct 31
American Tungsten Corp. announced that it has received CAD 17.959891 million in funding On October 31, 2025, American Tungsten Corp the transaction. The company announced the closing of its transaction by closing its second and final tranche. The second tranche consists of issuance of 461,000 common shares of the company at a price of CAD 2.58 per Share under the Listed Issuer Financing Exemption. The company has disclosed the issue expenses of CAD 50,619.60 on gross proceeds of CAD 1,189,380. No finders' warrants were issued. Announcement • Oct 15
American Tungsten Corp. announced that it expects to receive CAD 10.000001 million in funding American Tungsten Corp announced non-brokered Listed Issuer Financing Exemption (LIFE) private placement offering by issuing up to 2,857,143 common shares of the Company at a price of CAD 3.50 per Share for gross proceeds CAD 10,000,000.5 on October 14, 2025. The Offering is subject to approval of the Canadian Securities Exchange Announcement • Aug 20
American Tungsten Advances Zero Level Rehabilitation At Ima Mine American Tungsten Corp. reported significant progress in the ongoing rehabilitation of the Zero Level portal at its IMA Mine site, as part of its commitment to safety, operational excellence, and regulatory compliance. Weekly Progress Highlights (Week Ending August 16, 2025): Completed installation and lagging of the Zero Level portal entrance; Retimbered and reinforced approximately 10 feet of the access tunnel; Final leveling and installation of safety berms on the portal pad; Finalized preparations to meet MSHA compliance requirements. Upcoming Work: Continued re-support and rehabilitation of the Zero Level access drift; Removal of the obsolete surface water tank located below the portal. Announcement • Jul 30
American Tungsten Announces Strategic Advancements in IMA Mine Rehabilitation and Exploration Program American Tungsten Corp. provided a corporate update on its ongoing efforts to rehabilitate the historic IMA Mine in Patterson, Idaho and advance its expanded drilling programme. This programme is a critical step toward unlocking long-term value and reinforcing the Company's position to play a vital role in ore supply of tungsten in North America for defense, industrial and technology applications. The IMA Mine is an advanced, readily permittable, past producing tungsten-molybdenum property situated in the Idaho porphyry belt and located on patented mining claims. Current rehabilitation efforts aim to re-establish safe access to previously rehabilitated areas and underground drill stations. American Tungsten has contracted Rockhead Consulting LLC to perform initial underground rehabilitation of the mine. Rockhead Consulting is an established underground mining contractor based in Sheridan, Montana, with over 40 years experience and an emphasis on safety and productivity. Rockhead provides a wide range of mine development services including engineering and construction of tunnels, declines, raises, shaft rehabilitation and de-watering projects of various sizes and complexity. IMA Mine Rehabilitation Underway: Site remediation commenced, focused on restoration and long-term sustainability; Work on the IMA project will begin with rehabilitation of the zero level drift to assess condition of underground infrastructure, establish access to underground drill stations on the zero level, and inform access to the upper D level for underground exploration drilling; Continue assessment of existing portals in collaboration with mining engineers to determine rehabilitation needs; and Finalize development plan and scope of work including necessary rehabilitation upgrades, confirmatory infill drilling, and metallurgical testing. Define IMA Mine Resources: Complete exploratory drilling to expand tungsten resources and assess underlying molybdenum porphyry system; Over 6,000 feet of underground diamond drilling planned in Third Quarter-2025 across geological targets to bolster American Tungsten's long-term supply capabilities by enhancing resource definition; Compile and validate historical information; Define and finalize scope of work to complete a mineral resource estimate in Third Quarter-2025; and Digitize historical drilling records, assay data /production volumes, and construct digital geological models.oster and Secure Key Strategic & Financial Partnerships: Continue discussions to secure key strategic partnerships and non-dilutive financing with the U.S. Department of Defense and U.S. Department of Energy; Expand shareholder base and introduce new long-term, growth-oriented capital partners to reinforce financial sustainability and future expansion; and received conditional approval for listing on the TSX Venture Exchange, marking a significant advancement for the Company and reflecting its continued corporate growth and aligning with the strategic development of ourtungsten asset. Announcement • Jul 25
American Tungsten Corp. announced that it has received CAD 7 million in funding On July 24, 2025, American Tungsten Corp closed the transaction. The company announced that it has issued 14,000,000 common shares at a price of CAD 0.50 per Share raising gross proceeds of CAD 7,000,000. In consideration for providing certain finder's services to the Company in connection with the Offering, the Company paid cash finder's fees of an aggregate CAD 253,421.35 to certain arm’slength finders, representing 3.6% of the gross proceeds received by the Company from subscribers that were introduced to the Company by such finders. The Company also issued 502,293 common share purchase warrants (the “Finder’s Warrants”), to certain arm's-length finders. Each Finder’s Warrant is exercisable to acquire one Share at an exercise price of $0.50 per Share for a period of 24-months from the date of issuance. All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day in accordance with applicable securities legislation ending on November 25, 2025. The transaction is oversubscribed. Announcement • Jul 01
American Tungsten Corp. announced that it expects to receive CAD 2.5 million in funding American Tungsten Corp. announces a non-brokered private placement of up to 5,000,000 common shares of the Company at a price of CAD 0.50 per share for gross proceeds of CAD 2,500,000 on June 30, 2025. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the CSE. In connection with the Offering, the Company will pay finders’ fees of up to 7% of the gross proceeds raised by the Company from the sale of Shares to subscribers directly introduced to the Company by eligible finders. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation and the CSE. Announcement • Jun 10
American Tungsten Corp. Identified Multiple Exploration Targets at Ima Mine & Provides an Update on its Technical Report American Tungsten Corp. provided an update on its exploration plans and independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for its tungsten project, the Ima Mine, located in Idaho, United States. American Tungsten is currently working with qualified mining and drilling contractors to scope and cost its summer 2025 exploration program. The Technical Report on the Ima property has been published and is available on SEDAR+. The exploration program, as described in the press release dated March 12, 2025, entails rehabilitation of the D level of the mine to support underground exploration drilling and collection of a bulk sample for metallurgical testwork. American Tungsten's ongoing compilation of historical mining and drillhole information has identified multiple exploration targets on the Ima property. Additionally, the vein system is known to extend to the south across Patterson Creek based on historical exploration by the Defense Minerals Exploration Agency. American Tungsten is actively planning a drill program to delineate the northeastern extension of the No 5. and No. 7 veins, and also assess continuity of vein systems in West and East Ima vein targets, discussed below. The quantity and grade of potential exploration targets is conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. Drill hole results discussed below are based on historical information, which has not been verified by sampling or assaying and should only be used to assess the potential grade of mineralisation, which may be targeted in future exploration programs. No. 5 and No. 7 Veins: Only limited stoping was conducted above the D-level prior to cessation of mining in 1957. The vein strikes parallel to the main Ima vein system but dips moderately to the northeast. The DMEA reports that "The exploration has proven that the Ima vein zone continues southward across Patterson Canyon; thus the possible tungsten bearing area has been greatly extended."3 There is insufficient information currently available to define a conceptual exploration target but additional exploration on the south side of the canyon may be warranted. Molybdenum Mineralization: Drilling by Gentor was successful in extending the boundaries of known molybdenum mineralization to the east, and supported a historical 43-101 compliant Mineral Resource Estimate for molyssdenum mineralization occurring below the Ima mine. Gentor drillholes IMA-27 and IMA-30 are the easternmost drillholes completed in the molybdenum target and intersected significant widths and higher grades than prior drilling, including 0.25% over 475 feet and 0.28% over 368 feet. This mineralization is open to the northeast and supports a conceptual exploration target within the granitic stock extending approximately 1000 feet along strike, 300 feet down dip and of unknown width to the north east. The quantity and grade of potentially exploration targets is conceptual in nature; There has been insufficient exploration to defined a mineral resource and it is uncertainty if further exploration will result in The targets being delineated as a mineral resources. The technical report was prepared by A to Z Mining Professionals and is authored by Mr. Brian LeBlanc, a Qualified Person as defined by NI43-101. The quantity and grade of Potential exploration targets is conceptual in nature.; There has been insufficient exploration to defining a mineral resource and it is unknown if further exploration will result in the,. Announcement • May 10
American Tungsten Corp. Announces Board of Directors Changes American Tungsten Corp. announced the appointment of James (Jim) Whittaker to the Board of Directors of the Company and, the resignation of Adam Virani from the Board. The Board extends its sincere appreciation to Mr. Virani for his valuable contributions and lending his technical expertise during his tenure with the Company and wishes him well in his future endeavours. Mr. Whittaker is a highly experienced mining executive with over 35 years of global leadership across operations, strategic development, and organizational transformation in the mining and metals industry. A metallurgical engineer, Mr. Whittaker has held senior operational and project development roles throughout the Americas. He currently serves as Chief Operating Officer for Capstone Copper, responsible for operations in Chile, U.S. and Mexico. Prior to this, Mr. Whittaker was President of Escondida for BHP, overseeing the world's largest copper operation, and previously has held senior regional leadership roles at OceanaGold and Barrick across the U.S., Argentina, and Peru. Mr. Whittaker holds a bachelor's degree in Extractive Metallurgy from Dalhousie University in Canada, and an Executive MBA from Queen's Business School in Canada. Announcement • May 06
American Tungsten Corp. Announces Changes to Board of Directors American Tungsten Corp. announced the appointment of Dan Nicholas to the Board of Directors and the resignation of Dhanbir Jaswal from the Board. Mr. Nicholas is currently a Senior Advisor to Ernst & Young, having joined EY in early 2021 to assist EY and its clients in obtaining funding from US federal government sources. He advises EY clients in navigating the numerous sources of capital available through federal government programs and grant funding opportunities. Prior to joining EY, Mr. Nicholas was responsible for the USD 40 billion investment portfolio of the United States Department of Energy’s Loan Program Office, including both the Advanced Technology Vehicles Manufacturing Loan program and the Title XVll program. At LPO, he oversaw and structured investments in energy, infrastructure, and transportation sectors. Before accepting his appointment to the DOE, Mr. Nicholas had an over 30-year career in finance at several firms, including Morgan Stanley, Pali Capital, and Salomon Brothers Inc. At Morgan Stanley, he launched several flagship funds for Morgan Stanley’s Investment Management’s Private Equity and Credit group. He has also worked as a public company Chief Financial Officer for several portfolio companies. Mr. Nicholas is a graduate of Cornell University, and he and his family split their time between New York City and Washington, DC. Announcement • Apr 14
American Tungsten Corp., Annual General Meeting, Jun 12, 2025 American Tungsten Corp., Annual General Meeting, Jun 12, 2025. Announcement • Mar 12
American Tungsten Corp. Identifies Principal Exploration Target for the IMA Mine Project in Idaho, USA American Tungsten Corp. announced that it has identified a principal tungsten exploration target on the IMA Mine and is initiating planning and execution of a verification and in-fill drill program. The principal tungsten target is defined based on on-going compilation of historical drilling and underground sampling completed by the Inspiration Development Company, and historical mineral reserves defined by the Bradley Mining Company. Numerous additional exploration targets have also been identified. The IMA Mine is a past producing underground tungsten mine situated on 21 patented claims located in East Central Idaho. Between 1945 and 1957, the property produced approximately 199,449 MTUs of WO3 and was subsequently explored for molybdenum and tungsten by various operators between 1960-2008. The up-dip extension of the IMA vein system, principally above the "D Level" of the mine, was recognized as containing significant mineralized materials by both the Bradley Mining and Inspiration Development. Additional drilling and sampling will likely be required to establish continuity and grade of mineralization in the IMA vein system above the D level. The exploration program will entail general rehabilitation of the D level access drift and construction of a crosscut and one or two drill stations in the footwall of the vein system. Drill fans, consisting of multiple holes averaging 200-400 feet length will be completed to assess continuity of the no. 5, no. 7, and additional veins with the objective of delineating 200-400k tons of mineralized materials. It is currently estimated that 3,000-6,000 feet of drilling in 10-20 holes, from one to two drill stations will be required to establish continuity andgrade of mineralization. The potential quantity and grade of mineralization expressed above is conceptual in nature. There is currently insufficient exploration information to define a mineral resource. It is uncertain whether a mineral resource will be delineated. Historical Sampling information is reported based on internal Inspiration Development company reports, maps and lab certificates. Neither American Tungsten, nor its qualified person has done sufficient work to verify or validate historical sampling information. Historical information should not be relied upon until it has been verified. Additionally, the Company plans a comprehensive historical data verification program which will consist of resampling and assaying of historical core and pulps from the 2008 Gentor drilling program, re-sampling of Inspiration Development underground drift samples, and potentially twinning of select historical drillholes. Announcement • Mar 10
American Tungsten Corp. Announces Austin Zinsser to Its Board American Tungsten Corp. announced the appointment of Mr. Austin Zinsser to its Board of Directors effective March 7, 2025. Mr. Zinsser has over 15 years of experience in applied geological and environmental science and mineral project development. He is an Idaho licensed Professional Geologist, holds a M.S. in Earth and Environmental Sciences and is a registered member of SME. As a mining industry professional, Mr. Zinsser has worked on diverse interdisciplinary teams to advance mineral projects from grass-roots exploration stages through feasibility-level engineering phase and federal permitting. Mr. Zinsser has direct experience in resource delineation, metallurgy, mine planning, geochemistry, mining economics and environmental liability. Mr. Zinsser served as Sr. Resource Geologist on Perpetua Resources Corp.’s Stibnite Gold Project, and has worked on other critical mineral projects in the western U.S. as an independent geological consultant. Mr. Zinsser also serves on the Idaho State Board of Professional Geologists. Announcement • Feb 27
American Tungsten Corp. announced that it has received CAD 2.3614 million in funding On February 26, 2025, the company has closed the transaction. The company issued 1,475,875 common shares at a price of CAD 1.60 per Common Share for gross proceeds of CAD 2,361,400. In connection with the LIFE Offering, the Company paid finder’s fees to eligible finders consisting of CAD 116,158 in cash and 72,598 common share purchase warrants. Each Finder’s Warrant is exercisable to acquire one common share of the Company at an exercise price of CAD 1.60 per share for a period of 12-months. Announcement • Feb 19
American Tungsten Corp. announced that it expects to receive CAD 2 million in funding American Tungsten Corp. announced a non-brokered private placement to issue 1,250,000 common shares at an issue price of CAD 1.60 per Offered Share for gross proceed of CAD 2,000,000 on February 18, 2025. The closing of the LIFE Offering may occur in one or more tranches and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange (the "CSE"). Completion of the LIFE Offering is subject to the Company raising minimum gross proceeds of at least CAD 2,000,000. In connection with the LIFE Offering, the Company will pay finders’ fees of up to 7.0% of the gross proceeds raised by the Company from the sale of Offered Shares to subscribers directly introduced to the Company by eligible finders. In addition, the Company will issue to eligible finders non-transferable finders’ warrants of up to 7.0% of the number of Offered Shares sold in the LIFE Offering. Each finders’ warrant will entitle the holder to acquire one common share of the Company at a price of CAD 1.60 per share for a period of twelve (12) months from the date of issuance. Announcement • Feb 05
American Tungsten Corp. Compiles Historical Drilling Data for Ima Mine Project in Idaho, USA American Tungsten Corp. announced that it has completed initial compilation and assessment of historical drillhole information from Gentor Resources Inc. ("Gentor"). Gentor drilled 13 holes on the IMA Mine property in 2007 and 2008 totaling 22,088 feet. Information from the historical drilling program is well documented by digital and printed records and existing drill core. The IMA Mine is a past producing underground tungsten mine situated on 22 patented claims located in East Central Idaho. Between 1945 and 1957, the property produced approximately 199,449 MTUs of WO3 and was subsequently explored for molybdenum and tungsten by various operators between 1960-2008. Records from Gentor's 2007-2008 drilling program consist of drilllogs, 1/2 sawn drillcore, survey and sample records, assay certificates and QA-QC data. American Tungsten compiled the Gentor drilling records and assay data obtained directly from the assay lab into an electronic database and completed initial verifications and validation. Significant tungsten intercepts in historical drillcore were also reviewed by American Tungsten geology staff and independent QPs while on-site January 14-16th, 2025. In addition to historical molybdenum intercepts, significant tungsten intercepts in quartz veins, as previously reported by Gentor, include: Hole IMA-21: 20.5 feet grading .058% MoS, .394% W, 1 oz/ton Ag, .111% Cu (copper), .416% Pb (lead) and.106% Zn (zinc) from 336 feet to 356.5 feet. and 9.5 feet grading.326% W, .96 oz/ton Ag, .145% Cu, .263% Pb, and .328% Zn from 1212.4 to 1221.9 feet. Hole IMA-23A: 10 feet grading 1.448% MoS2, .583% W, 4.22 oz/ton Ag, .264% Cu from (1400 ft - 1410 ft). Hole IMA -24: 7.1 feet grading .021% MoS2, .483% W, 1.03 oz/ton Ag, .079% cu and .361% Zn from 661 feet to 668.1 feet. In addition to those reported historically, American Tungsten has identified numerous significant additional vein intercepts in legacy drilling data sets and plans to undertake a comprehensive verification program to validate the results. Both American Tungsten, nor its Qualified Person, has done sufficient work to verify historical drillhole information. American Tungsten is not treating the historical drillhole information as current drilling results. Historical drillhole results are believed to be substantially factual and relevant in that they demonstrate the tenor of exploration targets on the property. Technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects ("NI-43-101"). Austin Zinsser, P.G., SME-RM, Vice President, Exploration for the Company, and a Qualified Person as defined by NI-43-101, has reviewed and approved the scientific and technical information in this Presentation.