Mineral Range Tungsten Project Acquisition

awarded

eMetals (ASX:EMT) announced a binding agreement to acquire a 100% interest in the Mineral Range Tungsten Project located in Beaver County, Utah. The project includes 25 mineral claims and 84 pending applications covering approximately 2,072 acres of the Mineral Range batholith, a brownfield exploration opportunity with a history of high-grade tungsten production. eMetals plans to use advanced reconnaissance techniques such as UV scheelite scanning and XRF analysis to define drill targets across a 12-kilometre strike length. The project benefits from tungsten's designation as a critical mineral by the US Department of Energy, potentially enabling federal funding and domestic production incentives.