Allegiance Resources to Acquire Three British Columbia Tungsten Projects
Allegiance Resources Corp. is acquiring a 100% interest in three tungsten projects in British Columbia: Thanksgiving, Five T’s, and Rio Grande. This acquisition expands the company's tungsten portfolio to four projects across Canada and the United States, positioning it to benefit from tightening US defense procurement rules for tungsten. The projects have historical exploration data, including drill intercepts at Thanksgiving up to 10.46% WO₃ and surface samples up to 16.2% WO₃, which the company plans to compile and use for future drill targeting.