- Business
- American Tungsten Corp. is a Canadian mineral exploration company focused on advancing the IMA Mine Project in Idaho, a past-producing tungsten property with historical output and an option to secure 100% ownership; the company is headquartered in Vancouver, British Columbia, and was incorporated in 2019. The company explores and develops tungsten-bearing mineral properties in Canada and the United States, with emphasis on tungsten, silver, molybdenum, and iron; its project portfolio includes the IMA Mine Project and the IMA Mine Tailings project in Idaho, and it targets domestic defense, industrial, manufacturing, and technology supply chains in North America. In 2026, American Tungsten reported multiple operational and strategic developments, including the appointment of former Idaho Governor C.L. “Butch” Otter to its advisory committee, commencement of trading on the OTCQX Best Market, a C$40.0 million bought-deal financing, a minority investment in Viking Mines Limited, and ongoing drilling, metallurgical, infrastructure, and resource-expansion work that extended strike length and confirmed high-grade tungsten mineralization at the IMA Mine. The company was formerly known as Demesne Resources Ltd. and changed its name to American Tungsten Corp. in January 2025.