Desert mountains of southwestern New Mexico

Hidalgo County, New Mexico, USA

Eagle Point Tungsten Project

Ownership: 100%

Summary

A past-producing tungsten project where scheelite-bearing skarn occurs along the contact between Horquilla Limestone and intrusive granite. Tungsten mineralization has been recognized here since the early 1940s.

Where it stands

  • August 2026 field program complete: geological mapping, 23 analytical samples including four one-metre channel intervals. Assay results pending.
  • Updated 3D geological model built in Leapfrog Geo.
  • Planned 17-hole drill program of approximately 1,850 metres (6,070 feet) to test the skarn at depth.
  • September 2026: long-term surface agreement covering 600 acres, with rights for mining, processing and infrastructure, and additional claims covering the western extension of the skarn system.

Next stepsIntegrate pending assays, finalize drilling logistics and permitting.

Geological mapping and scheelite-bearing skarn observations, 2026 field program.Source: Company news release, September 22, 2026
Hand samples under shortwave ultraviolet light. Fluorescence is consistent with scheelite; no grade is inferred from visual or UV observation.Source: Company news release, September 22, 2026
Proposed drill collar locations for the planned 17-hole program.Source: Company news release, September 22, 2026

No Mineral Resource has been established at Eagle Point, and there is no certainty that further exploration will result in the delineation of a Mineral Resource. The Company has not independently verified historical production information and is not relying on it as a current Mineral Resource or Mineral Reserve.

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