Allegiance Resources Seeks 87% Expansion of Proposed British Columbia Tungsten Land Position
Bitget2026/10/22 05:41- Allegiance Resources submitted applications on October 22, 2026, for approximately 1,657 additional hectares surrounding its proposed Five T's tungsten project in British Columbia.
- The proposed British Columbia tungsten holdings would expand approximately 87% to 3,562 hectares, subject to claim registration and acquisition completion.
- Direct staking requires no share issuance, third-party acquisition payment or underlying vendor royalty.
- The acquisition of three British Columbia tungsten projects remains subject to technical report acceptance, Canadian Securities Exchange acceptance and customary closing conditions.
- Tungsten assay results from the completed initial field program at Nevada's Golden Scheelite project are expected in the coming weeks.
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