Allegiance agrees to acquire three British Columbia tungsten projects
The package includes 1981 drilling data; the company says historical results are unverified and not current.
Source review period: 2026-10-13
Published: · Updated:
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Allegiance Resources signed a definitive asset-purchase agreement to acquire a 100% interest in the Thanksgiving, Five T’s and Rio Grande tungsten projects in British Columbia. The properties comprise about 1,905 hectares across 14 mineral claims; if the transaction closes, the company’s tungsten portfolio in Canada and Nevada would total four projects.
The release cites a 1981 result from Thanksgiving hole T-81-1 of 3.01% WO₃ over 3.54 metres, including 4.74% WO₃ over 2.03 metres. The company’s independent qualified person has not verified the historical information, and the company does not treat it as current. Proposed LiDAR, drone magnetics and three-dimensional compilation of old drilling data would follow closing and financing.
Data
Tungsten claims in the transaction
Project count and claim area covered by the proposed acquisition.
| Claim area across the three projects | 1905 |
Methodology
Company-reported figures; planned work is not presented as completed results.
Updated:
Selected historical tungsten results
Historical core interval reported by Northair in 1981; not independently verified or current.
| WO₃ in T-81-1 core interval | 3.01 |
| WO₃ in included sub-interval | 4.74 |
Methodology
Historical values reported by the company from Northair’s 1981 drilling; not independently verified and not treated as current results. Reported interval is core length; true width is unknown.
Updated:
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