Issued on behalf of GoldHaven Resources Corp. Western governments are scrambling to rebuild non-Chinese tungsten supply as prices break century highs — and a 37,000-hectare project in BC just put itself in the conversation Equity Insider News Commentary VANCOUVER, BC , May 26, 2026 /PRNewswire/ -- Tungsten has done something almost no other metal has done this decade: ammonium paratungstate (APT) prices have surged roughly 557% since China added tungsten products to its export control list in February 2025, pushing the European benchmark toward US$2,250 per metric ton unit by March 2026 [1] . The metal has outpaced gold and copper, and with China still controlling more than 80% of global tungsten production [2] , every Western government and defense contractor is suddenly trying to figure out the same thing — where the next non-Chinese supply actually comes from. That question is now driving capital toward GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF ) (FSE: 4QS) , Almonty Industries Inc. (NASDAQ: ALM ) , Guardian Metal Resources PLC (NYSE American: GMTL) , American Tungsten Corp. (OTCQB: TUNGF ) , and Energy Fuels Inc. (NYSE American: UUUU) . The policy backdrop is just as aggressive as the price chart. Canada's enhanced 30% Critical Mineral Exploration Tax Credit was expanded to include tungsten under Bill C-15, which received Royal Assent on March 26, 2026, and applies to flow-through agreements entered into after November 4, 2025 and on or before March 31, 2027. South of the border, the U.S. Department of Defense Federal Acquisition Regulation Supplement (DFARS 252.225-7052) restricts the acquisition of tungsten metal powder and tungsten heavy alloy that has been mined, refined, separated, melted, or produced in China, Russia, Iran, or North Korea, with the full mine-to-finished-material restriction taking effect on January 1, 2027 [3] . Capital is moving toward operators with land in friendly jurisdictions, drill-ready targets, and the geology to back it up — not toward concept stage stories five years out. GoldHaven Highlights Strategic Tungsten and Indium Exposure at Magno On May 25, 2026, GoldHaven issued a release highlighting the growing strategic significance of tungsten and indium at its district-scale Magno Project in northern British Columbia, situated within the Cassiar District and covering more than 37,000 hectares of ground prospective for carbonate replacement deposit (CRD), skarn, and porphyry mineralization. "Global markets are increasingly recognizing the strategic importance of securing Western sources of tungsten and other critical minerals amid growing supply chain concerns," said Rob Birmingham, CEO of GoldHaven . "We believe Magno represents a district-scale critical minerals opportunity combining tungsten-bearing skarn systems, high-grade silver-zinc-lead CRD mineralization, and elevated indium values within one of Canada's premier mining jurisdictions. As we advance airborne geophysics, and 2026 drill targeting, we believe Magno continues to demonstrate the characteristics of a large-scale multi-phase mineralizing system with significant critical minerals potential." The technical case at Magno is built on four data points that matter for tungsten investors. First, multiple tungsten-bearing skarn targets have been identified across the property, with 2025 surface sampling returning values up to 6,550 ppm tungsten . Second, historical drilling and sampling at the Kuhn Zone reportedly returned intervals including 13.0 metres grading 0.55% WO₃, 4.0 metres grading 1.32% WO₃ and 0.26% MoS₂, and 2.5 metres grading 0.95% WO₃. Third, elevated indium values of up to 334 ppm have been identified within sphalerite-bearing mineralization — another China-dominated critical mineral with strategic significance for semiconductor and solar applications. Fourth, the project carries broader porphyry copper-molybdenum upside on top of its tungsten and silver-zinc-lead profile. The historical results referenced above were obtained from publicly available BC government assessment reports and have not been independently verified by GoldHaven or the Qualified Person, though management notes the data is being used to define and guide ongoing geological modelling and targeting work. The 2026 program is designed in part to confirm these historical results. With airborne geophysics already underway, GoldHaven is advancing permitting and exploration planning for a 2026 campaign expected to include drill testing across multiple high-priority tungsten-bearing skarn systems, silver-lead-zinc CRD zones, and porphyry copper-molybdenum targets identified across the project. The Magno Project remains at an exploration stage and additional work is required to determine the extent and economic significance of identified mineralization, but the package of attributes — district scale, multiple critical minerals, BC jurisdiction, drill-defined historical zones — fits cleanly into the criteria Western buyers are s
