# American Tungsten Files the IMA Technical Report Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/american-tungsten-files-the-ima-technical-report--8a1cdb4d-00be-426a-9ef6-16c099956668 Original source: https://americantungstencorp.com/news/american-tungsten-files-the-ima-technical-report/ Publisher: prospectors\_exchange Original announcement: 2026-10-05T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-06T11:55:45.311Z Atlas analysis updated: 2026-10-06T11:55:45.311Z - 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 Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas 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 factor: Significant inferred resource tonnage - Positive factor: Clear phased development strategy \(tailings then underground\) - Positive factor: NI 43-101 compliant technical report filed - Negative factor: Large portion of resource is Inferred - Negative factor: Tailings resource grade is significantly lower than main body Facts used in scoring: 3 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: 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 Resource** Polarity: negative Definition: 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) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/american-tungsten-files-the-ima-technical-report--8a1cdb4d-00be-426a-9ef6-16c099956668#fact-resource-facts-0) IMA Project · tungsten #### 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 factor: 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/american-tungsten-files-the-ima-technical-report--8a1cdb4d-00be-426a-9ef6-16c099956668#fact-resource-facts-1) IMA Project · tungsten #### 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 factor: Large tonnage scale - Negative factor: 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 Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/american-tungsten-files-the-ima-technical-report--8a1cdb4d-00be-426a-9ef6-16c099956668#fact-resource-facts-2) IMA Project · tungsten #### 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 factor: Provides a low-capital pathway via tailings - Negative factor: 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 Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: 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.