Significant Maiden Molybdenum Resource Defined Adjacent to the Tungsten Orebody at Sangdong Mine in South Korea

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Jul 18, 2022

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce a maiden JORC 2012-compliant Inferred Mineral Resource Estimate (MRE) of 21.48Mt @ 0.26% MoS2 at the 0.19% MoS2 reporting cut-off for the Almonty Korea Moly Project (AKM Project), which is located on the existing Sangdong Tungsten Mine, which is currently under construction in South Korea.