Vancouver, British Columbia — January 13, 2026 — Leads & Copy — American Tungsten Corp. is advancing its underground drill program at the IMA mine, with 2,120 feet of drilling completed across six holes to date.
The company has finished drilling six holes, totaling 2,120 feet, since early December at the first D-Level drill station. The final hole from this station is currently 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.
The drift to the second D-Level drill station is complete, and the rig will be moved after AT25-07, which will test the up-dip extension. An additional 3,850 feet of drilling is planned across nine holes from the second and third D-Level drilling stations as part of the Phase 1 Program.
Underground rehabilitation is progressing on both the upper D Level and the Zero Level to support ongoing drilling activity. The Zero Level drill program has been expanded from 6,700 to 8,000 feet with the addition of a new drill station for Phase I and II Programs.
According to Ali Haji, CEO of American Tungsten Corp., the initial drillholes at the IMA Project are successfully intersecting the vein system along strike of historical resources. Haji said that while assay results are still pending, these early intersections reinforce the geological model and validate the company’s disciplined, phased approach to resource expansion. Phase 1 is progressing as designed, and the company remains focused on advancing the targets that support its mission to become the first producer of tungsten in the United States.
The IMA Mine, a past-producing underground tungsten mine on 22 patented claims in East Central Idaho, produced approximately 199,449 MTUs of WO3 between 1945 and 1957. It was subsequently explored for molybdenum and tungsten by various operators between 1960 and 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 Q1 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.
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 news release.
American Tungsten Corp. is a Canadian exploration company focused on high-potential tungsten and magnetite assets in North America. The Company is advancing the IMA Mine Project in Idaho to commercial production, addressing critical metal scarcity in North America. The Company’s IMA Mine Project is a historic and high-quality underground tungsten past-producing property on private-patented land well above the water table with significant infrastructure. The Company holds an exclusive option to acquire full ownership (subject to a 2% royalty) and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres.
For investor relations, contact Joanna Longo at ir@americantungstencorp.com.
Ali Haji, Chief Executive Officer, can be reached at ahaji@americantungstencorp.com or +1 647 871 4571.
Source: American Tungsten Corp.
