09:46 AM EDT, 06/10/2025 (MT Newswires) -- American Tungsten ( DEMRF ) on Tuesday said ongoing compilation of historical mining and drillhole information has identified multiple exploration targets on the Ima property in Idaho.

The company is planning a drill program to delineate the northeastern extension of the No 5. and No. 7 veins and also assess continuity of vein systems in West and East Ima vein targets. "Significant tungsten drillhole intercepts from Gentor and Inspiration campaigns, outside of areas mined historically, provide compelling low-risk drill targets for expansion of known mineralization," said American Tungsten ( DEMRF ) Chief Executive Ali Haji.

A statement noted that an exploration program conducted by the Defense Minerals Exploration Agency (DMEA) identified a 4-foot wide tungsten bearing quartz vein on the south side of Patterson Creek, intersected in an exploration crosscut, whose vein strikes parallel to the main Ima vein system but dips moderately to the northeast.

The company also published its technical report on the Ima mine which is a past producing underground tungsten mine situated on 22 patented claims located in East Central Idaho. American Tungsten ( DEMRF ) is currently working with qualified mining and drilling contractors to scope and cost its summer 2025 exploration program.

Shares of the company were last seen down 1.5% at $0.68 on the Canadian Securities Exchange.

Price: 0.68, Change: -0.01, Percent Change: -1.45