Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.

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Almonty Industries Inc

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Comment by chrisp6712on Oct 27, 2016 8:23am

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Post# 25391458

RE:RE:RE:RE:Financing

You have previously stated that work can't proceed during the winter. According to the 2012 Tetra Tech Report, it was stated that "Wardrop understands that work can largely proceed year round although delays in the winter are a possibility."

The mine location receives up to 1 meter of snow during the winter. That is not enough to prevent access to the site. It will not hinder large earth moving operations. I anticipate we will get a progress report by the end of the calendar year and it will show the mine is being developed for production.

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