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American Tungsten and Antimony Ltd (ASX:AT4)

ALERT: Price-sensitive ASX Announcement for AT4
Current share price for AT4 : $0.055 0.006 (11.22%)+
Announcement
Release
31 Jul 2026 2:33PM
Price at Release
$0.049
Full Release
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Summary
The quarterly report for American Tungsten & Antimony Ltd covers the period ending 30 June 2026 and includes updates on their projects in Utah and Nevada, USA. The report highlights continued exploration and drilling at the Antimony Canyon and Tennessee Mountain projects, revealing promising results with high-grade intersections of stibnite and tungsten. The company has received strong financial backing, raising A$10 million from investors. Financially, the quarter saw net cash used in operating activities at A$6.289 million primarily due to exploration expenses. The cash balance at the end of the quarter was A$19.5 million. The report also mentions corporate updates including the appointment of Casper Adson as the new CEO.
Key Points
  • Continued Phase 1 drilling at Little Emma Prospect in Utah shows high-grade stibnite intersections.
  • A system-scale tungsten soil anomaly was defined at Tennessee Mountain, Nevada.
  • A$10 million placement from institutional and sophisticated investors.
  • Net cash used in operating activities was A$6.289 million for the quarter.
  • Cash balance at end of the quarter was A$19.5 million.
  • Appointment of Mr Casper Adson as Chief Executive Officer.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.