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A 500%+ Metal, a Historic Tungsten Zone, and a Drill Program About to Test Both

VANCOUVER, British Columbia, June 03, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com News Comme...

articleFireweed Metals Corp.June 3, 20265/news/a-500percent-metal-a-historic-tungsten-zone-and-a-drill-program-about-to-test-both
A 500%+ Metal, a Historic Tungsten Zone, and a Drill Program About to Test Both

About this update from Fireweed Metals Corp.

A 500%+ Metal, a Historic Tungsten Zone, and a Drill Program About to Test BothIssued on behalf of GoldHaven Resources Corp. VANCOUVER, British Columbia, June 03, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com News Commentary — Few metals have repriced as violently as tungsten. Since China added tungsten products to its export-control list in February 2025, the benchmark price of ammonium paratungstate (APT) has surged more than 500%, pushing toward roughly US$2,250 per metric tonne unit by early 2026 — outpacing gold and copper, and forcing every Western government and defense contractor to ask the same question: with China still controlling more than 80% of global tungsten production, where does the next non-Chinese supply come from? That question is now pointing capital toward companies sitting on historically defined, Western-jurisdiction tungsten — and one junior is about to put a drill bit into exactly that. On June 2, 2026, GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) detailed a fully funded 2026 diamond drill program aimed squarely at the historic Kuhn tungsten zone on its 100%-owned, district-scale Magno Project in the Cassiar District of northern British Columbia — a program designed to verify and expand a tungsten-bearing skarn system that previous operators had already partly outlined decades ago. See the full Kuhn tungsten breakdown — view the GoldHaven briefing here. Drilling into a head start What makes the Kuhn program notable is that GoldHaven is not drilling blind. Historical exploration by previous operators — drilling, underground development, geological mapping and lens modelling — already outlined a historical estimate of approximately 616,500 tonnes grading 0.48% WO₃ across four modeled mineralized lenses at the Kuhn and Dead Goat areas. The company is careful to note this is a historical estimate, not a current mineral resource: a Qualified Person has not done sufficient work to classify it under current standards, and GoldHaven is not treating it as a current resource or reserve. But as a framework for where to point the drill, it is a meaningful head start over a greenfield target. The historical drill intercepts are what give the zone its appeal. Previous drilling at Kuhn North returned multiple tungsten-bearing intervals, including 13.0 metres grading 0.55% ...

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