American Tungsten Reports Strong Drilling Results from Lower D-level

About this update from American Tungsten Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - American Tungsten Corp. (TSXV: TUNG) (OTCQB: TUNGF) (FSE: RK90) ("American Tungsten" or the "Company) today, reported additional assay results for drillholes completed from the D-level of the Ima mine, Lemhi County, Idaho. Drilling in the footwall of the No. 5 and 7 vein system has delineated multiple stacked tungsten bearing polymetallic veins outside of previously mined areas. In addition, step-out drilling in the No. 5 and 7 vein continues to delineate significant tungsten mineralization. Highlighted intercepts in the No. 5 and 7 veins include:24 ft grading 0.75% WO3 and 3.06 oz/t Ag in hole AT26-23, in the No. 5 vein8 ft grading 0.53% WO3 and 1.1 oz/t Ag in hole AT26-12, in the No. 5 vein15.8 ft grading 0.33% WO3 and 0.66 oz/t Ag in hole AT26-12, in the No. 7 veinSignificant intercepts in newly defined veins below the D-Level, including:5.2 ft grading 1.41% WO3 and 3.97 oz/t Ag in hole AT26-24, in the No. 2 vein4.4 ft grading 1.78% WO3 and 0.94 oz/t Ag in hole AT26-27, in the No. 1 vein3 ft grading 0.41% WO3 and 0.51 oz/t Ag in hole AT26-24, in the No. 1 vein12 ft grading 0.47% WO3 and 2.87 oz/t Ag in hole AT26-29, in the No. 1 vein16.3 ft grading 0.29% WO3 and 0.59 oz/t Ag in hole AT26-29, in the No. 0 vein5 ft grading 0.72% WO3 and 0.46 oz/t Ag in hole AT26-20, in the No. 0 vein"The strength and consistency demonstrated in these latest drill results from the D-level at Ima reinforce our confidence in the scale and continuity of the mineralized system," said Austin Zinsser, V.P., Exploration of American Tungsten. "Intercepts such as 24 feet grading 0.75% WO₃ and 3.06 oz/t Ag in the No. 5 vein, alongside high-grade intervals including 4.4 feet of 1.78% WO₃ in newly defined footwall veins, highlight both the quality of the resource and its expansion potential. Importantly, drilling has successfully delineated multiple stacked tungsten-bearing polymetallic veins in the footwall beyond historically mined areas, while step-out drilling in the No. 5 and 7 veins continues to confirm significant mineralization. This expanding footprint underscores the untapped upside at Ima." "As we transition into Phase 2 exploration, our strategy is clear: to systematically grow and define this mineralized system while advancing the project toward development. We have also undertaken the largest drill program i...

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