American Tungsten Corp. is pleased to announce that it has acquired additional mining rights at its IMA Mine Project through the staking of 113 WMO federal lode mining claims covering an area of 1,988.6 acres . 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 [...]
American Tungsten reaffirms its strategic position amidst China's expanded tungsten export controls in response to escalating U.S.-China trade tensions. In a dramatic shift within the global minerals market, the Chinese government has expanded its export controls on key minerals - including tungsten - in response to recent U.S. tariffs. This strategic move is expected to further tighten the global supply of tungsten, a [...]
American Tungsten announces that it has completed initial compilation and assessment of historical drillhole information from Gentor Resources. Gentor drilled 13 holes on the IMA Mine property in 2007 and 2008 totalling 22,088 feet. Information from the historical drilling program is well documented by digital and printed records and existing drill core. Historical drilling and exploration work on the property is a [...]
American Tungsten is proud to reaffirm its commitment to supplying tungsten domestically, a vital resource for the United States’ defense and manufacturing sectors. In light of recent tariffs affecting critical mineral imports from Canada, American Tungsten Corp. is positioned to play an increasingly important role in securing a stable, reliable domestic supply of tungsten. The Company’s ongoing efforts to restart and [...]
American Tungsten is pleased to announce, further to its news release dated January 20, 2025, that it has formally completed its name change and rebranding from Demesne Resources Inc. This transformation underscores the Company’s commitment to onshoring domestic tungsten production capabilities in the United States and furthering North America’s national security agenda. Effective today, the Company's common shares (the [...]
Demesne Resources is pleased to announce that it will be changing its name to “American Tungsten Corp.” and its ticker symbol on the CSE to “TUNG”. The name change was approved by the board of directors for the Company in accordance with the Business Corporations Act and the Company's articles of incorporation. Subject to confirmation by the CSE, effective at the open of markets on or about Jan 23, 2025, the common shares [...]
Demesne Resources is pleased to announce that it has completed the fourth and final tranche of its previously announced non-brokered private placement financing. Pursuant to the Fourth Tranche, the Company issued 1,740,884 common shares of the Company, at a price of $0.25 per Common Share for gross proceeds of approximately $435,221. The Company received gross proceeds of approximately $2,010,622 under the oversubscribed [...]
Demesne Resources announced that it has begun compilation of historical data on the IMA mine to support preparation of a Technical Report on the property. Demesne has contracted A-Z Mining Professionals to prepare the report, a mining consultancy firm with extensive experience in development of Tungsten, precious metals and base metals projects utilizing open pit narrow vein and bulk underground mining methods [...]
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