Almonty Industries Files Financial Statements for Three Month Period Ended June 30, 2012

Company News

Almonty Industries Inc.(TSXV:AII) announced that it has filed its unaudited financial statements for the three and nine month periods ended June 30, 2012.The Company also announced drill results from the same time period. Almonty also reported that it has begun preparing for the installation of a flotation circuit at its Tungsten project.

Almonty Industries Inc.(TSXV:AII) announced that it has filed its unaudited financial statements for the three and nine month periods ended June 30, 2012.The Company also announced drill results from the same time period. Almonty also reported that it has begun preparing for the installation of a flotation circuit at its Tungsten project.

As quoted in the press release:

Almonty mined 113,492 tonnes of ore at a weighted average grade of 0.28% WO3 for the three month period ended June 30, 2012 (347,574 tonnes of ore at a weighted average grade of 0.27% WO3 for the nine month period ended June 30, 2012). The overall increase in head grade mined is a result of planned pit optimization that the Company is undertaking to further enhance its ability to access higher grade material in future periods.

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