 | | | January 28, 2008
North American Tungsten Announces Additional High Grade Cantung Drill Results - Including 88.8Ft @ 3.26% WO3
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| | HIGHLIGHTS:
- Additional high grade tungsten mineralization has been intersected on the down dip extension of the 101, 104 and 109 ore zones, proximal to existing mine development.
- Highlights include 88.8ft @ 3.26% WO3 (U-1250); 140ft @ 1.46% WO3, including 16.2ft @ 1.17% WO3 (U-1281), 22ft @ 1.62% WO3, and 57.7ft @ 2.59%; 12.3ft @2.53% WO3 (U1240), and 17.3ft @ 2.90% WO3 (U1246).
- Additional definition and exploration drilling is ongoing.
Cantung Definition and Exploration Drill Program:
North American Tungsten Corporation Ltd. (TSX-V: NTC) (the "Company") is pleased to announce additional results from the ongoing definition and exploration diamond drill program at its 100% owned Cantung Mine in the Northwest Territories, Canada.
The current drill program is focused on orebody extensions below the 3700 level ('West Extension') and has intersected high grade tungsten ore. Preliminary analysis indicates that the high grade intersections occur on the down dip extension of previously mined ore zones (101 Upper Ore Limestone Contact; 104 Within Ore Limestone; 109 On Lower Ore Limestone Contact).
Since the last Cantung Mine news release on December 5th 2007 the ore definition and exploration diamond drilling program in the West Extension has continued with the completion of an additional 21 diamond drill holes. Sixteen holes intersected ore grade mineralization on the down dip/down plunge extension of known ore zones above and below 3700 level (Tables 1 and 2, respectively). Additional drilling is planned in this part of the mine at an accelerated drilling rate.
Quality Assurance
The Company instituted a QA/QC program consistent with Canadian Securities Administrators National Instrument 43-101 ("NI 43-101") using best industry practice. Elements of the program include chain of custody, as well as standard and blank samples. Samples are assayed at the mine assay laboratory and selected samples are sent to ALS Chemex in Vancouver for duplicate assaying. Results from the QA/QC program have to date been satisfactory.
Quality Person
The technical information contained in this release was compiled in accordance with the Listing Rules of the Toronto Stock Exchange Limited, by a competent person who has consented to the inclusion of such technical information in the form in which it appears in this release. The competent persons are David Tenney, C.Eng., Exploration Manager for North American Tungsten and J. Britt Reid, P. Eng., COO of North American Tungsten. Both Mr. Tenney and Mr. Reid are qualified persons under NI 43-101.
Table 1: Definition Diamond Drill Results (3700 to 3776 Workings)
| Hole ID |
From
(ft) |
To
(ft) |
Interval
(ft) |
Grade
(%WO 3 ) |
Est. True
Thickness (ft) |
| U1234 |
46.1 |
73.8 |
26.5 |
1.10 |
21.7 |
| Including |
104.8 |
116.5 |
11.7 |
1.48 |
9.6 |
| U1240 |
50.5 |
62.8 |
12.3 |
2.53 |
10.3 |
| U1246 |
72.6 |
89.9 |
17.3 |
2.90 |
16.9 |
| U1248 |
40.9 |
68.5 |
27.8 |
1.67 |
26.8 |
| U1255 |
89.0 |
100.0 |
11.0 |
1.03 |
7.8 |
Table 2: Exploration Diamond Drill Results (Below 3700 Workings)
| Hole ID |
From
(ft) |
To
(ft) |
Interval
(ft) |
Grade
(%WO 3 ) |
Est. True
Width (ft) * |
| U1250 |
254.2 |
343.0 |
88.8 |
3.26 |
- |
| U1281 |
132.7 |
272.7 |
140.0 |
1.46 |
- |
| Including |
132.7 |
148.9 |
16.21 |
1.17 |
- |
| |
185.0 |
207.0 |
22.0 |
1.62 |
- |
| |
220.0 |
272.7 |
57.7 |
2.59 |
- |
* Hole drilled along strike/down dip. True width is uncertain. Further work is planned to determine the true width.
ABOUT NORTH AMERICAN TUNGSTEN CORPORATION LTD
The Company is a publicly listed Tier 1 Junior Resource Company engaged primarily in the operation, development, and acquisition of tungsten and other related mineral properties in Canada. The Company's 100% owned Cantung mine and Mactung development project make it one of the few tungsten producers with a strategic asset in the western world. Mactung is one of the world's largest known undeveloped high grade tungsten-skarn deposits.
ON BEHALF OF THE BOARD OF DIRECTORS
"Stephen M. Leahy"
Stephen M. Leahy
Chairman & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Cautionary Note: The Company relies upon litigation protection for "forward-looking" statements.
INVESTOR CONTACT:
Toni Williamson, Corporate Geologist
info@natungsten.com, Phone: +1.604.684.5300 Fax: +1.604.684.2992 |
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