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American Tungsten Corp.

OTCQB: DEMRF; CSE: TUNG; FSE: RK9

Building America’s Defense Critical Metals Supply

SYMBOLS:

OTCQB: DEMRF; CSE: TUNG; FSE: RK9

American Tungsten Corp. (CSE: TUNG | OTCQB: DEMRF | FSE: RK9), a Canadian exploration company focused on advancing the IMA Mine Project in Idaho, is a past-producing tungsten property with significant historical output. With an option to secure 100% ownership, American Tungsten is strategically positioned to capitalize on the growing demand for critical minerals.

The company also holds the Star Project, spanning 4,615.75 hectares in British Columbia’s renowned Skeena Mining Division—an area known for rich mineral deposits.

Geopolitical Disruption + Critical Metal Supply Threat = Investment Opportunities

US and China flag emblems.

China’s Export Ban Has America Desperate for Domestic Critical Metal Supply

Past-Producing Mine Restart Could Solve Threat to America’s Critical Metal Supply

History tells us investment opportunities show up where geopolitical disruption meets supply threats.

It’s no different today.

Trade and supply interference between the US, China and Russia is growing.1 Trump in the White House will only agitate those relationships, especially with his threatened 100% tariffs.2

Meanwhile, with everyone focused on gold, uranium and electric vehicle (EV) minerals, most investors are overlooking a critical defense metal the superpowers are jockeying for.

It’s a macro-level powerplay to control a polymetallic metal that’s vital to any nation’s defense sector (think armor-piercing missiles, artillery)… for aerospace (jet nozzles, rotors)… cutting-edge electronics (semiconductors, battery tech)… creating super-strong tools… and even for future uses like asteroid mining (drill bits that are harder than rock-hard).

Graphic showing uses for Tungsten.

And for good reason.

It has a higher melting point than any other metal, a density similar to gold, and it combines with carbon to create an alloy almost as hard as diamond. In other words, the dream metal for demanding modern world tech applications.3

No surprise then that demand has surged 4000%+ over the 100 years the metal’s been used on an industrial scale.4

And to make this highly strategic mystery metal even more of a global must-have, China – the nation that controls 84% of its global production5 – just slammed the door on its export.

China waited until Trump won the US presidential election to announce that they’re ratcheted up their export controls.6

Making things even more urgent, by 2015 all the mines in America that used to produce this metal had shut down after China flooded the market, making production uneconomic. (Alert: one of those past producing US mines was recently acquired…more on that in a moment.)

So, what’s this indispensable metal?

Tungsten.

And why doesn’t the US have a domestic supply chain?

Because the old geopolitical attitude was to let less developed countries (like China) do the dirty work (like mining and producing tungsten) while the more developed countries bought from them. Back then, it sounded good. Today, it’s come back to bite the US… hard.

Between China’s chokehold on key resources, and their winner-take-all trade relationship with America, the US is highly motivated to onshore the production of tungsten asap.

Especially since demand for critical minerals in general is surging… while China controls 65 to 90% of the global supply.

Source: International Tungsten Industry Association.7

Demand & Supply Creating Urgent Need for US-Based Tungsten Production

The good news for American Tungsten (CSE: TUNG | OTCQB: DEMRF) is that the tungsten supply chain threat isn’t due to a lack of deposits. Abundant deposits are known around the world, including in the US.

The supply threat is due to China’s over-sized control of production – about 84% of global output – and their restriction of access to tungsten.

China’s central government has systematically regulated the country’s tungsten industry by prohibiting foreign investment in exploration and mining, limiting mining and export licenses, and imposing quotas on production and processing.

Those restrictions make the US more vulnerable than any other nation since:

America imports 29% of its tungsten from China (more than from any other nation),
● they have the world’s largest military to equip and sustain (think lots of tungsten demand),
● and they don’t have any domestic production…yet.

When you add in America’s growing tungsten imports… it’s easy to see why American Tungsten’s (CSE: TUNG | OTCQB: DEMRF) potential for near-term US-based tungsten production is exactly the kind of news the market will pay close attention to.

Data Source: US Geological Survey Mineral Commodity Summaries

9 Reasons Demesne Resources (CSE:DEME | OTCQB: DEMRF) Should Be on Your Watchlist

1) Geopolitical Supply Threat: China’s chokehold and America’s growing imports have made producing domestic tungsten an invaluable opportunity

2) Growing Tungsten Demand: 4000%+ growth due to vital industrial applications across defense, aerospace, electronics, tools, and future uses

3) Mining-Friendly Jurisdiction: Idaho has the resources, workforce and access to millsites needed to support a world-class tungsten producer

4) De-Risked Asset: Proven, past-producing IMA Tungsten Mine has readily accessible vein systems, historical mineralization estimates, existing infrastructure, and more

5) Fast-Track to Production: American Tungsten is building on decades of investments, exploration & development work of former junior and senior mining companies

6) Fully Permitted Asset on Patented Claims: Effectively avoids red tape that slows down other mine development projects

7) Near-Term Production Potential: Established by extensive exploration and drilling results of previous operators

8) Fully Funded: Recent $2M non-brokered private placement

9) Mine-Building Dream Team: Nearly a century of expertise in raising capital, resource finding & mine development

American Tungsten Investor Presentation – January 2025

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Disclaimer

EMC has been paid $275,000 by American Tungsten Ltd. | Please read our full disclaimer

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