1,114-hectare property near Espanola, hosting Canada’s second largest undeveloped Tungsten resource opportunity.
In 2007, SRK Consulting estimated an Inferred Mineral Resource of 12.4 Mt grading 0.213 wt. % WO3 using a 0.125 wt. % WO3 cut-off for the historic deposit.
The Main Zone, which is historically estimated to contain 58,000,000 pounds of WO3, is defined as an 800 m by 210 m zone extending from surface down to a vertical depth of 150 m.
Mineralization remains open along strike and at depth.
In June 2025, Transition Metals and 1930153 ON Ltd Sell the Fostung Tungsten Property for US$5,000,000 Cash and 0.5% Net Smelter Return (NSR) royalty to UAMY Cobalt Corporation (“UAMY”), a wholly owned subsidiary of United States Antimony Corporation (NYSE: UAMY)
