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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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.


TSX:AII - Post by User

Comment by 5ilverlining808on Jun 16, 2021 11:15am
213 Views
Post# 33395210

RE:Big Moly price Increase

RE:Big Moly price IncreaseAll Moly drill tests were completed months ago (2.3 kms) and the testing of the core samples might take 6 months (Late 2021) to map out a 3D plan.

The drill program was done in a record time of 2 or 3 weeks with the help of Engineers from the Panasqueira Mine Project (TOP GUNS !!!).

There is no doubt that the Moly Project will go ahead. :-

- It is there.
- It is within reach.
- It is easy to mine with the Tungsten Project in situ.
- It is extremely viable and past proven.
- Process plant already designed to cope with the additional process in the future (3-4 years?) plan.

Moly prices are a plus today, but not yet to be included until all results of core tests are confirmed.


It will be a goer, and a massive cherry on top of (150M under) the Sangdong Tungsten Mine Project.

Maybe go through the SEDAR news posts to find what you were looking for...?

Good luck.


https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00029658

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