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American Tungsten & Antimony (ASX:AT4) has officially filed a notice of intent with State regulators to kick off tungsten drilling at its Dutch Mountain project in Utah, targeting potential extensions of mineralisation, the subject of historical works.
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At the same time, an on-site processing mill at Dutch Mountain is the subject of current refurbishment works, with the private nature of that asset highlighted on Thursday as a potential efficiency to sidestep “lengthy federal permitting delays.”
Drilling will target an area of interest called Fraction Lode, the name of a historical tungsten mine on-site. Dutch Mountain also contains at least two other historical assets called Stardust and “the EHB Lode” respectively.
“Submitting the Notice of Intent to drill at Fraction Lode is a crucial step in progressing the Dutch Mountain Tungsten Project,” AT4 MD Andrew Booyzen said.
“The upcoming drilling program aims to confirm and expand known tungsten mineralisation at this historically productive mine, while refurbishment of our fully permitted Dutch Mountain mill continues in parallel.
“The NOI submission marks a clear shift for the Company from acquisition to execution as we work to unlock the potential of these assets.”
On top of Dutch Mountain, AT4 also boasts the Tennessee Mountain and Nightingale tungsten projects in Nevada.
AT4 last traded at 11.5cps today.
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