Valtreixal Project

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VALTREIXAL PROJECT

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Almonty Receives New Land Classification For Its Valtreixal Property In Spain

Almonty Industries Inc. (TSX:AII) (“Almonty”) announces that it has received, from the Municipality of Pedralba de la Paraderia in Spain, a new land classification for its Valtreixal Property whereby the property is now deemed to be suitable for extraction activity.  The Company’s Valtreixal Property is located approximately 250 kilometers from the Company’s wholly-owned Los Santos Mine in Spain and 185 kilometers from Salamanca.

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Project History

Almonty Industries Inc. currently owns 100% of the Valtreixal Sn-WO3 project in North Western Spain (approximately 250 km from its Los Santos tungsten project). Almonty acquired the project from SIEMCALSA, the same group that were involved in the historical development of the Los Santos Mine. Additional information regarding SIEMCALSA can be found on the company’s website.

The summarized table of inferred resources as follows:

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PDFProject Technical Reports – Valtreixal Reserves/Resources NI 43-101October 31, 2015 | 8.50MBDOWNLOAD

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Reserves

Resources (inclusive of reserves)

Inferred Mineral Resources

Cut-Off

WO3 Equivalent, based on:

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