American Tungsten's IMA Project: Progress and Federal Collaboration
Significant Progress on IMA Project Rehabilitation
Vancouver, BC — American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) is excited to report on the operational advancements at its IMA tungsten project. The team has been diligently working to enhance site safety and restore infrastructure, paving the way for future mine exploration and development initiatives.
Site Improvements and Infrastructure Restoration
The rehabilitation efforts at the IMA project have been substantial. The team has successfully leveled the portal area at the Zero Level of the mine, facilitating the removal of old timber and debris from previous workings. The access road leading to the operation has also seen significant upgrades, with safety berms constructed to stabilize the area for heavy equipment and personnel.
In addition, the site preparations include the ongoing rehabilitation of the portal adit and the initial underground access drift. These improvements are essential for providing safe access to existing underground workings, which is crucial for the upcoming underground exploration that will involve at least 6,000 feet of diamond drilling.
Collaboration with Federal Agencies
American Tungsten is actively engaging with several federal agencies to align its operational objectives with national interests in resource security. Key collaborations include partnerships with the Department of Defense (DOD), the Department of Energy (DOE), and other relevant bodies. This strategic alignment is vital as the Company seeks to enhance the resilience of critical mineral supply chains.
Upcoming Symposium and Strategic Initiatives
The Company is well-positioned to represent its interests at the upcoming Defense Industrial Base Consortium (DIBC) Symposium. As a registered corporate member, American Tungsten will participate in discussions surrounding national security and resource supply.
“We are making rapid strides in our IMA Mine project rehabilitation strategy to ensure a clear path to soon achieving profitable production,” stated Ali Haji, CEO and Director of American Tungsten Corp. “This project is not merely a mining operation; it constitutes a strategic asset that contributes positively to national resource goals.”
Rehabilitation Milestones and Future Plans
David Sabourin, VP of Mining, highlighted that significant progress has been made with the mine contractor in rehabilitating access to the underground workings. This access will enable thorough inspections of the mine's existing structures, thus ensuring safety and facilitating future production.
Once the Zero Level rehabilitation is finalized, the Team will inspect airflow and gas emissions within the underground workings, allowing for identification and mitigation of potential hazards. Areas at risk of instability will be appropriately secured or modern rock support systems will be utilized to enhance structural integrity.
Marketing Agreement Details
In a related development, American Tungsten has announced a brief extension of its marketing agreement with Gold Standard Media, LLC (GSM). This extension, effective for one week, entails compensation of USD $145,489 to GSM, reflecting the Company's commitment to maintaining robust communication with stakeholders.
About the IMA Mine Project
The IMA Mine is a promising property located in a favorable jurisdiction known for past production of tungsten and molybdenum. American Tungsten is leveraging this unique opportunity to restore production while contributing to the regional supply of these critical metals.
With a strong infrastructure in place and the potential for high-grade mineral recovery, the IMA Mine represents a significant resource for the North American market in addressing metal scarcity issues.
Stay Updated with American Tungsten
We encourage interested parties to stay informed about upcoming developments at American Tungsten by following our social media channels and accessing our corporate website.
Frequently Asked Questions
What updates has American Tungsten provided regarding its IMA project?
American Tungsten has reported significant rehabilitation progress at the IMA project, including infrastructure improvements and enhanced site safety.
What federal agencies is American Tungsten collaborating with?
The Company is engaging with various federal agencies such as the Department of Defense and the Department of Energy to align its objectives with national security initiatives.
What is the significance of the upcoming DIBC Symposium?
The DIBC Symposium presents an opportunity for American Tungsten to showcase its strategic initiatives and engage with industry leaders on resource security.
What are the plans for the Zero Level rehabilitation?
Rehabilitation at the Zero Level will ensure safe access for inspections and prepare the underground for future production efforts, focusing on stability and airflow assessments.
How can investors stay informed about American Tungsten's developments?
Investors can stay updated by visiting the Company’s website and following its social media channels for the latest news and insights.
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