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American Tungsten advances underground Idaho drill program

Market News, Mining
CSE:TUNG
13 January 2026 10:35 (EST)

(Source: - American Tungsten Corp.)

American Tungsten (CSE:TUNG) has made progress on its underground drilling at the historic IMA tungsten mine in east-central Idaho. Since early December, the company has drilled about 646 metres across six holes from the first D-Level drill station, with a seventh hole now in progress.

Key highlights

The IMA Mine, which produced tungsten between 1945 and 1957, is located on 22 patented claims. It historically yielded about 9,974 tonnes of WO₃ concentrate. American Tungsten is now exploring the potential to restart underground mining.

Phase 1 targets five priority vein systems: No. 5, No. 7, IMA West, Eastern, and Main IMA veins. The goal is to confirm and expand historically identified tungsten veins by the end of Q1 2026.

All drill holes so far have intersected hubnerite-bearing quartz veins, but assay results are pending. Visual mineralization does not guarantee economic grades or viability.

(Vertical section looking N20W showing drillholes with logged quartz veins and geological interpretation. Source: American Tungsten Corp.)

Leadership commentary

“The initial drillholes at the IMA Project are successfully intersecting the vein system along strike of historical resources. While assay results are still pending, these early intersections reinforce the geological model and validate our disciplined, phased approach to resource expansion,” American Tungsten’s CEO, Ali Haji said in a news release on this. “Phase 1 is progressing exactly as designed, and we remain focused on advancing the targets that support our mission to become the first producer of tungsten in the United States.”

About American Tungsten

American Tungsten Corp. is a mineral exploration company that engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company explores for tungsten, molybdenum, and iron deposits.

American Tungsten stock (CSE:TUNG) opened trading just over a per cent higher at C$2.32 but quickly fell by over a per cent and continued to fall from there.

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