American Tungsten Files the IMA Technical Report
Original announcement by prospectors_exchange on
- Company
- American Tungsten Corp.
- Ticker
- TUNG
- Exchange
- Unavailable
- Region
- Idaho, USA
- Primary commodity
- Tungsten
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-10-06 11:55:46 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
American Tungsten has filed a NI 43-101 Technical Report for the IMA Project in Idaho, detailing updated mineral resource and reserve estimates. The project includes 316,000 tonnes of Indicated and 2,178,000 tonnes of Inferred tungsten resources, alongside a surface tailings resource.
Reasoning: The filing of a formal NI 43-101 technical report provides regulatory de-risking and formalizes the existing resource estimate for the IMA Project.
Positive factors
- Significant inferred resource tonnage
- Clear phased development strategy (tailings then underground)
- NI 43-101 compliant technical report filed
Negative factors
- Large portion of resource is Inferred
- Tailings resource grade is significantly lower than main body
Facts used in scoring: 3
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company filed a National Instrument 43-10 Technical Report.
Evidence · text
“announced today the Company has filed a National Instrument 43-10 Technical Report”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the resource is in the Inferred category.
Evidence · text
“2,178,000 tonnes of Inferred Mineral Resources”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Resource Estimates (3)
indicatedIMA Project · tungstenTonnes: 316000Grade: 0.55Grade Unit: % WO3Contained Metal: 1747Contained Unit: tonnes of wo3View all detailsHide details
Identity
- Project
- IMA Project
- Commodity
- tungsten
- Region
- usa_id
- Reported Region
- Idaho, USA
- Ticker
- TUNG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-06T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- LeBlanc, B., P.Eng.
- Resource group id
- resource:8cd6df59097f770ded7c
- Deposit or zone
- IMA Mine
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 316000
- Grade
- 0.55
- Grade Unit
- % WO3
- Contained Metal
- 1747
- Contained Unit
- tonnes of wo3
Prior Estimate
- Resource Date
- 2026-05-27
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Standard indicated resource component of the updated estimate.
Positive factors
- Indicated category provides reasonable geological confidence
Evidence · text
“316,000 tonnes of Indicated Mineral Resources grading 0.55% WO3, containing 1,747 tonnes of WO3”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredIMA Project · tungstenTonnes: 2178000Grade: 0.55Grade Unit: % WO3Contained Metal: 11933Contained Unit: tonnes of wo3View all detailsHide details
Identity
- Project
- IMA Project
- Commodity
- tungsten
- Region
- usa_id
- Reported Region
- Idaho, USA
- Ticker
- TUNG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-06T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- LeBlanc, B., P.Eng.
- Resource group id
- resource:5bfcb816e84c8d0f448c
- Deposit or zone
- IMA Mine
- Mining method
- underground
Resource Data
- Category
- inferred
- Tonnes
- 2178000
- Grade
- 0.55
- Grade Unit
- % WO3
- Contained Metal
- 11933
- Contained Unit
- tonnes of wo3
Prior Estimate
- Resource Date
- 2026-05-27
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Large volume of resource but limited geological confidence.
Positive factors
- Large tonnage scale
Negative factors
- Inferred category is speculative
Evidence · text
“2,178,000 tonnes of Inferred Mineral Resources grading 0.55% WO3, containing 11,933 tonnes of WO3”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedIMA Project · tungstenTonnes: 267000Grade: 0.15Grade Unit: % WO3Contained Metal: 413Contained Unit: tonnes of wo3View all detailsHide details
Identity
- Project
- IMA Project
- Commodity
- tungsten
- Region
- usa_id
- Reported Region
- Idaho, USA
- Ticker
- TUNG
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-06T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- LeBlanc, B., P.Eng.
- Resource group id
- resource:28ee7e31363ccb0722af
- Deposit or zone
- surface tailings
- Mining method
- underground
Resource Data
- Category
- indicated
- Tonnes
- 267000
- Grade
- 0.15
- Grade Unit
- % WO3
- Contained Metal
- 413
- Contained Unit
- tonnes of wo3
Prior Estimate
- Resource Date
- 2026-05-27
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-05T00:00:00.000Z
Reasoning: Tailings resource provides near-term potential but at lower grade.
Positive factors
- Provides a low-capital pathway via tailings
Negative factors
- Significantly lower grade than main orebody
Evidence · text
“surface tailings resource containing 267,000 tonnes of Indicated Mineral Resources grading 0.15% WO3 and containing 413 tonnes of WO3”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.