Business
Almonty Announces Filing of Updated NI 43-101 Technical Report for the Sangdong Mine and the Re-classification of its Material Mineral Properties
Almonty Industries Inc. (“ Almonty ” or the “ Company ”) (TSX...
About this update from Almonty Industries Inc.
[{"type":"text","content":"Almonty Announces Filing of Updated NI 43-101 Technical Report for the Sangdong Mine and the Re-classification of its Material Mineral Properties\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth40 { width: 40% }\n.bwwidth60 { width: 60% }\n \n\n\n\n Almonty Industries Inc. (“\n \n Almonty\n \n ” or the “\n \n Company\n \n ”) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to announce that it has filed an updated technical report (the “\n \n Technical Report\n \n ”) for its Sangdong Tungsten Mine (the “\n \n Sangdong Mine\n \n ”) prepared in accordance with National Instrument 43-101 –\n \n Standards of Disclosure for Mineral Projects\n \n (“\n \n NI 43-101\n \n ”).\n \n\n The Technical Report is entitled “NI 43-101 Technical Report on the Mineral Resources and Reserves of the Sangdong Project, South Korea”, dated June 23, 2025 and effective February 28, 2025, and has been authored by Adam Wheeler, B.Sc, M.Sc, C. Eng. (the “\n \n Qualified Person\n \n ”), an independent expert and a “qualified person” within the meaning of NI 43‑101. The Technical Report is not required to be prepared pursuant to NI 43-101 and was voluntarily prepared to update the technical report entitled “Report NI 43-101 Technical Report on the Mineral Resources and Reserves of the Sangdong Project, South Korea”, dated July 31, 2016 and authored by the Qualified Person, and reflects recent developments at the Sangdong Mine, including with regards to mine de...