Principle Exploration Target Identified On The IMA Mine

VANCOUVER - American Tungsten Corp. 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. Minimal historical mining was conducted above the D Level of the mine. 1980s drilling by Inspiration Development intersected multiple tungsten veins above the D level in an area up to 500 feet up-dip and 1000 feet along-strike. This target is located principally on IMA Mine patented mining claims.

The no. 5 and no. 7 veins were systematically sampled underground by Inspiration Development on the D Level in 1979. The no. 5 vein drift samples reportedly averaged 5.3 feet wide and returned 0.44% WO3 and 2.63 opt Ag over a strike length of 520 feet. The no. 7 vein drift sample reportedly averaged 6’ wide and returned 0.43% WO3 and 2.01 opt Ag over a strike length of 408’. Historical drillhole intersects in ID-9 and ID-7, up-dip (east) of the D Level include 4.6’ of 1.09% WO3 and 3’ of 0.84% WO3 in the no. 5 vein, and 5.4’ of 0.78% WO3 in the no. 7 vein. Additional intercepts in historical drilling suggest potential for continuation of the no. 3 vein and no. 9 above and below the primary veins and generally support strong lateral and vertical continuity of mineralization, to the north, south and west.

The vein system is currently accessible underground via the D level, an approximate 7x7 foot access drift extending northward approximately 1,500 linear feet, as accessed by American Tungsten personnel in December 2024. The D level and portions of the zero level were rehabilitated in the 1980s by Inspiration Development and current existing ground conditions were deemed excellent in the initial underground assessment.

“Mineralization on and above the D level is our current focus area” said Murray Nye, CEO. “Existing access and historical drilling demonstrating geological continuity of the system make this area the obvious target for in-fill drilling and mineral resource delineation.”