Tungsten

• Debates surrounding AI are rarely concerned with how tech companies extract resources to fuel their growth.
• This includes data centres, large facilities that house the many computer servers needed to store the vast amounts of information accumulated by tech companies.
• Lithium and copper are also key minerals needed to build microchips that are incorporated in computing units within data centres.

Rural treasures?

• Between 1951 and 1990, the rural region of Extremadura in Spain lost 40% of its rural population and many of its jobs.
• After promising jobs, and a sustainable and digital future based on new energies and an economic boost to rural Extremadura, the company is close to receiving approval from the Spanish government and local authorities.

Energy storage

• Another company aiming to extract lithium from the region, Lithium Iberia, is promoting the idea of a green energy revolution in Extremadura.
• This company also plans to manufacture supercapacitors which will be used for storing energy.

Environmental threats

• The environmental impact assessment for the Castilla-La Mancha regional government showed that about six litres per second of water will be needed to cool the data centre.
• Resistance to data centres has not yet emerged in Extremadura, related to the the environmental impact of these facilities.
• Most of these projects are planned to be built within industrial parks and warehouses, which can sometimes mask their true environmental impact.
• These effects can be both environmental and political.

• Mineral resource classification for WO3 was based primarily on an analysis of viability and risk, drillhole spacing and on continuity of mineralization.
• Inferred and Indicated resources were defined as using increasing thresholds of continuity, confidence, and data density.
• Mactung is a tungsten skarn deposit located on the eastern margin of the Selwyn basin in the Canadian Cordillera’s Tombstone-Tungsten Belt (“TTB”).
• The Mactung deposit is associated with Tungsten Suite intrusions that intruded late Precambrian to Palaeozoic age, variably metamorphosed clastic and interbedded carbonate rocks of the Selwyn Basin.

• Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) is pleased to provide an update on the progress of its Sangdong Tungsten Mine.
• Lewis Black, Chairman, CEO & President of Almonty Industries Inc. commented:
  “We have made solid progress at the Sangdong Tungsten Project throughout May 2023.
• Almonty remains fully committed to completing the project successfully while upholding the highest standards of safety, quality, and environmental responsibility.
• The Pebble Crusher and Primary Jaw Crusher, essential components for the project, have successfully made their way to Sangdong.

• Horse Heaven Parent is the sole owner of Horse Heaven Holdings Inc. (“Horse Heaven Nevada”).
• Horse Heaven Nevada holds a 100% interest in the Horse Heaven Project (the “Project”).
• The Project is comprised of 699 mining claims covering 14,374 acres in Valley County, Idaho and shares its entire eastern boundary with Perpetua Resources’ Stibnite Gold Project.
• The current focus of exploration on the Horse Heaven project is along the 3km Golden Gate Fault Zone(GGFZ), which hosts gold and tungsten mineralization.