American Tungsten Expands IMA Mine Project with New Mining Claims
Vancouver, BC, February 12, 2025 – American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9), a leading tungsten and molybdenum mining company, is thrilled to share some exciting news with its stakeholders and the mining community. The Company has recently expanded its IMA Mine Project by staking 113 new WMO federal lode mining claims.
Expansion Details
The new mining claims cover an area of approximately 1,988.6 acres (804.75ha), adding significant value to the IMA Mine Project. This expansion comes as part of American Tungsten’s ongoing efforts to increase its mineral resources and strengthen its position within the tungsten and molybdenum mining industry.
Impact on American Tungsten
This strategic acquisition will bring several benefits to American Tungsten:
- Expanded Resource Base: The new mining claims will provide American Tungsten with a larger resource base, potentially increasing the Company’s production capacity and revenue.
- Diversification: With this expansion, American Tungsten will be able to diversify its mineral portfolio, making the company less dependent on a single mineral resource.
- Increased Exploration Potential: The new claims offer excellent exploration potential, as they are located in close proximity to existing mineral deposits.
Impact on the World
The mining industry and its stakeholders will also benefit from American Tungsten’s expansion:
- Supply Chain Stability: The increased production capacity from the IMA Mine Project will contribute to a more stable global tungsten and molybdenum supply chain.
- Economic Growth: American Tungsten’s expansion will create new jobs and generate economic growth in the local communities where the mine is located.
- Environmentally Responsible Mining: American Tungsten is committed to environmentally responsible mining practices, ensuring that the expansion of the IMA Mine Project is carried out in a sustainable and responsible manner.
Conclusion
American Tungsten’s acquisition of new mining claims at its IMA Mine Project is a significant step forward for the Company. This expansion will not only benefit American Tungsten by increasing production capacity, diversifying its mineral portfolio, and improving exploration potential, but it will also positively impact the mining industry and its stakeholders. American Tungsten remains committed to responsible mining practices, ensuring a sustainable and prosperous future for all involved.
Join American Tungsten on its journey towards a stronger, more diverse mineral resource base and a more stable global supply chain. For more information, please visit the Company’s website at american-tungsten.com.
